Europeans will spend a projected euro 51
billion (US $71 billion) online during the Christmas season this year,
according to Forrester Research. For the full year 2007, Forrester projects
European online retail to grow 58 percent year-over-year. "The significant
growth in online retail is due in part to increasing consumer confidence and
familiarity with the Web," said Victoria Bracewell Lewis, a senior analyst
at Forrester Research.
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