Posts by Pleuni

In 2022, Dutch online department store Wehkamp, made 433 million euros in turnover. This is a decrease of 9 percent compared to the year before. The company’s net loss came to 22 million euros.

Fashion giants About You, Yoox Net-A-Porter and Zalando are expanding their ‘Fashion leap for climate’ initiative. The climate learning platform will now be extended to 250 brand partners. Last year, in the platform’s first year, it included 55 brands.

In 2022, the six biggest ecommerce markets in Europe generated 72 percent of the total European ecommerce spend. The European ecommerce markets that are most developed by penetration rate, the United Kingdom and the Netherlands, have returned to their pre-pandemic growth trends. Emerging markets, like Italy and Spain, are still growing above trend.

Denmark is one of the Scandinavian countries. It joined the European Union in 1973, but isn't part of the European Economic and Monetary Union, so it still has its own currency, the Danish krone. Denmark highly depends on foreign trade and is also a strong supporter of trade liberalization. The country enjoys a high standard of living.

Consumers in the Netherlands expect to spend 37 percent of their total expenditures online by 2028. This is five percentage points higher than the actual percentage in 2022. Still, the expectation has declined: last year, consumers expected to spend 41 percent of their expenditures online in five years.

Today, Sendcloud announced the acquisition of data platform Tracey. The acquisition allows Sendcloud to offer new data tools, such as AI-driven delivery predictions and near-real-time package monitoring. In this way, the shipping platform aims to offer the best customer experience.

In 2022, Zalando generated a revenue of 1.79 billion euros in Switzerland. It is the biggest online store in the country. Two thirds of the country’s top 30 online stores have either shrunk or stagnated compared to 2021.

Last year, more than 1.2 billion payments in the Netherlands were fulfilled through iDeal, the popular local payment method. This is an increase of 7.9 percent compared to 2021. The online payment method shows strong growth, despite a decrease of 5 percent in ecommerce purchases within the country.

Ecommerce giant Amazon is imperceptibly tracking visitors' online behavior after they leave the marketplace. Even when they did not give permission for cookies to be placed. The Dutch Foundation for Data Protection (SDBN) is starting a mass claim, as at least five million Dutch customers have been duped.

Austrian marketplace for refurbished electronics, Refurbed, has reached a financial milestone of 1 billion euros in turnover. The company is now active in eight markets.

In terms of cross-border market share, compared to the total online market, Luxembourg is the top 1 cross-border country in 2022. Its cross-border market share is 80 percent. The country’s total cross-border turnover was 1.8 billion euros.

Amazon has launched a flexible financing solution for small and medium-sized businesses in the United Kingdom. Amazon sellers in the country can apply for a cash advance, which will be repaid based on their sales. Loans can range up to two million euros.

Spanish returns management software provider Rever has raised 7.5 million euros in a seed funding round. The capital injection will be used to fund the startup’s growth and international expansion. The company will be adding AI-powered functionalities to its offer later this year.

Over the next three years, ecommerce giant Amazon will hire more than 5,000 refugees in Europe. It pledged to do that, together with over 40 companies. Together, they will hire, train or connect to work a total of 250,000 refugees. At least 13,680 of them will get jobs directly in the 40 companies.

Online stores in Switzerland will not be mandated to charge for the return of goods. The Swiss National Council has rejected a motion proposing a returns fee. The obligation would be an encroachment on economic freedom.