After 46 years, Otto is pulling the plug on its unprofitable operations in the Netherlands. Unlike in its home market in Germany, Otto’s promising marketplace model never took off in the neighbouring country. The decision will impact around 70 employees.
Ecommerce software company BigCommerce has announced the launch of Commerce, its new parent brand. Under Commerce, the ecommerce software will be unified with other software solutions Feedonomics and Makeswift. According to the company, it will help online sellers adapt to AI.
Last year, online fashion sales decreased 7 percent in Switzerland, compared to 2023. The total online revenue for fashion came to around 2.4 billion euros in the country. The online share of the fashion market in Switzerland was around 30 percent.
Fnac Darty, a French seller of entertainment and leisure products, has recently published its results for the first half of this year. Its revenue increased 0.7 percent, compared to the same period last year. Online sales is driving this growth, as digital sales increased 8 percent.
Compared to other German-speaking countries, Swiss consumers shop online less frequently. Just 18 percent of them shop online at least once a week. In Germany, for example, that share comes to 28 percent.