Visa has agreed to reduce some credit card fees. This move comes almost a year after the European Commission told Visa its inter-bank fees might violate EU antitrust rules. So now the fees that banks charge each other to process credit card transactions across the internal borders of the European Union are lowered.
Foot Locker is only a few steps away from buying the Germany-based store and online retailer Runners Point. The American retailer of sportswear and footwear has paid 94 million dollars (€72 mln) for the company but the deal still has to get a green light from the German authorities.
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.
Strato, one of Europe’s largest webhosting companies, is stepping up its game. It recently relaunched their software in the Netherlands by offering more features for less money. It already established a successful relaunch strategy in Spain and Germany.
Ecommerce company Fab wants to be the world’s number one design store. To get there the company opened a brick-and-mortar retail store, redesigned their web and mobile apps and announce new lines of ‘Exclusively Fab’ products and the acquisition of a online custom furniture maker.
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.
Amazon this week expanded its Android-based Appstore. Previously the appstore was only available in the United States, the United Kingdom, Germany, France, Italy, Spain and Japan. Now it added nearly 200 countries to the list. The storefronts will be coming in the next few months, when Amazon will officially launch its Appstore for Android internationally.
Yeah, you read that correctly. Poland is the fastest-growing ecommerce market in the European Union. And Poland grows really fast, as in 2011 the country, compared to 13 other European countries, ended second-to-last in terms of percentage of retail business done online. And now, according to a report from the Centre for Retail Research, the ecommerce sector in Poland is growing the fastest of them all.
Spain is an upcoming market in the European ecommerce sector. When we look at the current state of ecommerce in Spain, one might think that for such a big country (for European standards) there is still a lot to achieve. But nonetheless, let’s look at an infographic which shows how Spain is doing with online shopping.