Zalando is only five years old, but the online retailer is already selling more than one billion euros worth of products in Europe. But while the fashion retailer generates big sales, it also have made losses every year since. That will change, Zalando knows for sure. “There’s no question about it”, says CEO Rubin Ritter.
Trusted Shops, an European trustmark for online shops with buyer protection, has expanded its services to Italy and the Netherlands. An expansion to Belgium is planned to go live at the end of this month. In the Netherlands it will face serious competition with Thuiswinkel.org, who is also one of the founders of Ecommerce Europe. And that organization also wants to have a pan-European trustmark for consumers. Is this a first sign of the start of a battle for the trust of the European shop owner?
The European Union is planning to introduce a contract law system which governs sales of products. But the European Consumer Organisation (BEUC) and Ecommerce Europe are strongly against this law, the Common European Sales Law, aka CESL.
Rad, which is a French dicovery platform for fashion, art and design products, has raised 2,5 million euros in funding. They received this amount of money in a Series A investment round led by Index Ventures. With the investment Rad likes to expand its site to the United Kingdom and Germany.
E-Commerce Polska has joined Ecommerce Europe. The newly founded ecommerce association in Poland thinks joining the European organization is an important step. “Working together with leading branch organizations all across Europe will enable us to expand our knowledge of important market trends and increase our influence on developments in legislation”, so says Grzegorz Wójcik, organizer of the Polish initiative.
Fab.com will open an office in The Netherlands this fall. The design ecommerce company is planning to open their administrative and logistics office in Eindhoven, a city known as the capital of Dutch industrial design. 450 jobs are about to be created in this region.
The Trusted Stores programme Google first tested in the United States may be coming to the United Kingdom later this year. The service has proved to be highly popular in the US, so an expansion to British merchants seems like the next logical thing to do.
Rakuten is really kicking it up a notch in Europe. Last week it was known that the Japanese ecommerce company is opening its fifth e-marketplace in Europa by launching Rakuten.at, now we’ve heard news about Rakuten opening an office in Barcelona, Spain. In five years the company wants to become the leader in the Spanish ecommerce market.
Virtual fitting solution Virtusize expands to Denmark, Norward and Finland and has signed a deal with the Finnish online clothing store Brandos. Thanks to this partnership, Brandos’ customers are now able to tell if a pair of jeans will fit before making a purchase.
Dutch company Kleding B.V. is only one year old and it has already launched their first foreign spin-off. Fashiola.de offers German users a simplified interface with a broad selection of clothes and filtering options. Kleding B.V. wants to make Fashiola.de the most important searching platform for fashion online shoppin in Germany within the next two years.
The Japanese ecommerce company Rakuten Inc. opened in Austria its fifth European e-marketplace. After the British Play.com, the French PriceMinister.com, the Spanish PriceMinister.es and the German Rakuten.de, Rakuten.at is now their most recent launch in Europe. Rakuten offers local merchants the opportunity to sell their products via one of Rakutens e-marketplaces.
Germany’s largest online optician, Mister Spex secured a 16 million euro ($20.5mln) investment. Scottish Equity Partners led the financing round, while existing investors like XAnge and DN Capital also participated. With the new capital Mister Spex will try to increase its partnerships with independent opticians and expand their business to other European countries.
Last year one in nine European customers ordered goods or services over the internet from sellers from other EU countries in the last twelve months. That’s more than in 2011, when one in ten customers ordered from their ‘neighbours’. A positive development as the European Union tries to vanish the (online) borders between countries.
Hunkemöller, the largest high-street lingerie brand in the Benelux, is expanding its webshop for European customers. It already has local webshops in the Netherlands, Belgium and Germany, but now there is an international site for customers abroad. Site visitors can select five different languages and orders can be shipped to a total of 17 countries.
The British online fashion retailer ASOS is planning to launch a Chinese website in October of this year. Over the next three years it wil spend between £12m ($18.6m) and £18m ($21.4m) in an attempt to break into the booming ecommerce sector in China.