~ecommercenews_eu | Bookmarks (65)

In the financial year 2023/2024, the whole European online cross-border market achieved sales of 326 billion euros. A large majority, 69 percent, or 225 billion euros came from online marketplaces. These data come from the fifth edition of the “Top 100 Cross-Border Marketplaces Europe” report from Cross-Border Commerce Europe. The…

Spending at major British online retailers was 3.2 percent higher in September than in the same month last year. This marks the first growth since April 2021. After nearly 3.5 years, a turning point has been reached, just as in other European countries.British online spending saw significant growth in the…

In Germany, small and medium-sized online stores often run on Shopify’s ecommerce software. The company has a market share of almost 40 percent in the country. German software providers Shopware and JTL complete the top three. These data come from software provider Uptain’s study on the popularity of ecommerce software…

Unlike most European countries, local players generate the most online revenue in the Netherlands. The top 3 in online spending for 2023 is led by online department store bol. Supermarket chain Albert Heijn, a sister company of bol, takes second place, and electronics retailer Coolblue is in third. Amazon rises…

The rumors had been circulating for a while, but now it’s official: Mytheresa wants to acquire industry peer Yoox Net-a-Porter from Richemont. This will create a “leading, global, multi-brand digital luxury group”, according to the involved parties. As part of the deal, Richemont will acquire a 33 percent stake in…

The days of declining online sales in Germany appear to be over. Last year the net sales of the top thousand webshops fell by 0.2 percent, not adjusted for inflation, compared to a 2.8 percent decline in 2022. A nominal growth is expected for this year.This is reported by EHI…

More and more Germans are becoming familiar with live shopping. Six out of ten consumers know what the term means, which is twice as many as three years ago. However, live shopping is still used by only a small portion of German consumers.This is evident from a trend survey conducted…

Nine out of ten Dutch employers in ecommerce are missing digital skills among the people who work for them. Especially in the areas of cybersecurity and innovative technologies, the shortcomings are significant. Employers expect that in the coming years, it will remain difficult to keep up with the development pace…

This integration offers SAP Order Management Foundation customers the opportunity to further optimize multichannel operations across more than 950 sales channels worldwide. It also includes new AI-features. Support for OMSA is on the way. 950 Marketplaces ChannelEngine connects businesses to 950+ marketplaces, automating orders, inventory, and pricing. The new integration…

In the first half of 2024, Dutch consumers spent €17.5 billion on online retail, a 6% increase compared to the same period in 2023, although the number of products purchased declined. The growth mainly stems from services, such as health and damage insurance. These insights come from the latest Thuiswinkel…

With the opening of its website to third parties in 2020, Otto hoped to regain market share in the online retail market. In the initial years, the company enjoyed the benefits of the platform model, but now it has hit a snag. Fee increases, disputes with selling partners, and internal…

More than seven out of ten Belgian consumers never (or almost never) return items that they have ordered online. This is because they only order items that they want to keep. Belgians are ordering online more often, with 40 percent of all purchases happening online. Ecommerce in Belgium has grown…

This week, the list of the 30 fastest-growing Dutch cross-border sellers was announced at the CrossBorder Event in Utrecht. Jewelry brand Notbranded landed in first place, followed by Cloudpillo and Wristler. The CrossBorder Top-30 is an initiative of Dutch marketing firm Dexport. The list is published annually and shows which…

DHL eCommerce has formed a joint venture with the state postal company Poste Italiane. Together, they aim to build a network of ten thousand parcel lockers across Italy. The opening of the first parcel locker in Rome marks the start of Locker Italia, the name given to the joint venture.This…

Mytheresa, the luxury ecommerce platform rooted in Germany, saw its revenue increase by 9.8 percent in the past fiscal year. Sales especially surged in the second half of the fiscal year, and profitability also improved over the course of the year.Mytheresa’s revenue amounted to 840.9 million euros, compared to 766.0…

The European online fashion, beauty and luxury market generated a turnover of 213 billion euros in 2023. The cross-border share of that market was 38 percent, representing 82 billion euros. The market is expected to grow. These data come from the third edition of the Top 500 Fashion, Beauty and…

Ecommerce giant Amazon is launching a n exporting tool called Export Central. This allows sellers to reach more customers in Europe, even in countries without localized Amazon stores. Thanks to the tool, sellers do not have to duplicate their listing or register new accounts. The online marketplace announced today that…

Trendyol, a major ecommerce player from Turkey, is developing plans to build a regional logistics center near the Romanian capital, Bucharest. The company aims to serve all of southeastern Europe from the new logistics hub, which will employ 250 people when fully operational in 2025.Çağlayan Çetin, president of the Trendyol…

Online fashion platform Asos has announced that it is introducing a return fee in the United Kingdom. However, the fee only applies to customers who, according to the platform, have a high return rate. Several customers of the online only store have voiced their anger on social media. Asos is…

German Minister for Economic Affairs and Vice Chancellor Robert Habeck is working on an ecommerce action plan. With this plan, the government aims to create a level playing field between European online retailers and Asian platforms like Shein and Temu.A spokeswoman from Habeck’s ministry confirmed to the German business news…

Omni-channel retail brand Ochama has announced that it will expand its pickup point network into France. It is also introducing next-day home delivery all throughout the country, for more than 1,000 selected products. Ochama is a retail concept from the Chinese ecommerce giant JD.com. The company has been active in…

Kaufland has opened the virtual doors of its marketplace in Austria, the first country where the brand does not have physical stores. At the launch, Kaufland.at offers more than three million items from three thousand different sellers.These figures were announced by Kaufland Global Marketplace, the ‘all-in-one solution’ for international sales…

SellerX, a buyer of successful marketplace sellers, can no longer meet its financial obligations. The Berlin-based company, only four years old, will be auctioned in the German capital on September 17. This decision was made by financier BlackRock.SellerX is one of the most well-known marketplace aggregators, acquiring successful traders and…

The majority of Dutch online stores that sell products through dropshipping do not comply with legal regulations for online selling. Their websites lack contact details or information about returning orders, for example. Researchers from the Dutch Consumer’s Association investigated 100 online stores that sell products by dropshipping. This entails selling…