Shopping online across national borders is getting more and more popular amongst internet users. The United States, Hong, Kong, Canada, Australia, China and Germany will see a combined total of $105 billion in cross-border online shopping this year and in the next five years it should almost triple to $307 billion.
American fans of Swedish retail-clothing company H&M will finally be able to shop online for their favorite dresses, shirts, jeans, accessories and more. H&M, which is known for their reasonably stylish clothing at low prices, revealed yesterday on Twitter that U.S. customers are able to buy their products online next month.
Paymill launched its new product Paymill Unite today. It’s an all-in-one solution for everyone with an online marketplace. Paymill Unite enables merchants to offer credit card or debit payments to their buyers in an easy way. With the new product marketplace owners are also able to connect to other Paymill merchants, create transactions on behalf of the connected merchants and take commissions.
It was a good year for the ecommerce industry in the Netherlands. Sales grew with 11 percent in May, compared to the same period one year before. At the same time, the overall retail industry declined with 0.6% in this period. So, hooray for ecommerce!
Emerce, a Dutch offline magazine and website about online business, media and marketing, will turn its local ecommerce event eRetail into a bigger European conference called eRetail Europe. It will be held on the 9th of October in Amsterdam and is part of the Emerce eWeek.
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.
The United Kingdom, the United States, Germany, France and the Netherlands are the world’s most advanced ecommerce countries. That’s what we can conclude after we poked around in the Global Perspective on Retail report by Cushman & Wakefield. Europe is doing very well we might say.
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.
Otto Group, one of Europe’s biggest online retailers, wants to fully acquire the ecommerce assets of Groupe 3SI, a huge online retail company in France. Otto already owns a 51% stake in the company since 1981, but now wants the whole ecommerce deal.
A new ecommerce platform called To The Tops has launched in the United Kingdom, France and Scandinavia. Its goal is to get as successful as other celebrity curated ecommerce platforms like BeachMint. Retired soccer player Patrick Vieira and singer Kimberly Wyatt are some of the names lending their support.
Ecommerce sites in France are hiring more people than the year before and the number of ecommerce jobs is expected to continue to grow in 2013. And that’s pretty good news, considering the fact the French economy is officially in recession. While unemployment in the Western-European country is rising, the ecommerce industry continues to be one of the few sectors that created jobs.
The frequency of purchases made online in Denmark was down in the first quarter of this year. The amount of shoppers that bought five times or more in Q1 2013 has dropped by almost half, compared with the same period a year earlier.
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.