Global online sales for women’s luxury fashion are expected to grow from a current 3% of the total market to 17% by 2018. By then, this market would be worth 10.92 billion euros. One of the main drivers of this surge is the exceptional expansion in China, but also the solid market growth in developed, Western markets like the United Kingdom, France and Germany.
Product ratings on Google Shopping are now also available for shoppers in the United Kingdom, France and Germany. Last year, the product ratings on Product Listing Ads were introduced in the United States, but now select Google users in Europe are also able to make better purchase decisions when shopping online.
The slow start to the year for online sales continued in February. Year-on-year sales went up by 6%, while in February 2014 an annual growth of 18% was recorded. Last month the online sales also decreased by 12% compared to January.
Payment gateway Realex Payments has been sold to Global Payments. Realex Payments processes over 29 billion in payments for thousands of online and mobile businesses worldwide and will continue to do this as part of Global Payments, a provider of payment technology services. The transaction is valued at 115 million euros.
Ingenico Payment Services and Hybris are working together. Via its own platform, customers of ecommerce software provider Hybris have access to end-to-end services from Ingenico, such as payment processing, alternative payments, fraud prevention and acquiring services.
When you want to onboard a customer to your online store, app or online community, you want them to register. But that’s something not every customer likes to do. Difficult forms with too many mandatory fields push people away. Social logins however are convenient and easy to use. More companies should embrace social logins, says the CEO of Veridu.
Pixmania has announced the acquisition of Oooferton, a Spanish website that offers three daily deals within the consumer electronics sector. The goal of this acquisition is to strengthen its Spanish activities as well as the expansion in the refurbished goods sector.