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Czech Republic

Czech fashion store Zoot wins APEK E-commerce Award

Zoot.cz

Online fashion store Zoot.cz has won the APEK E-commerce Award for the most innovative and original online store in the Czech Republic in the past year. The awards was handed out to the online retailer during the E-Business Forum, a conference organized by Czech ecommerce association APEK. Continue reading

MonkeyData raises seed round at €8 million valuation

MonkeyData

Ecommerce analytics company MonkeyData has successfully secured its second round of seed funding and is now valuated at 8 million euros. The Czech company wants to use the investment for product development and a continuation in the company’s global expansion. The next funding round (Series A) will be open to global investors. Continue reading

MonkeyData helps ecommerce players with data analysis

MonkeyData

Ecommerce companies can really make a difference nowadays if they use their data efficiently. But there’s data everywhere and it takes some time and effort to analyze all this. A European startup that tries to solve this problem, is MonkeyData. This Czech SaaS company analyses data from various sources and shows the results in one place in an organized dashboard. We interviewed them about data, ecommerce software and the differences between some European countries. Continue reading

Czech footwear retailer Bata closes stores, bets on ecommerce

Bata

Bata, a global operating footwear manufacturer and retailer from the Czech Republic, has decided to shut down all its stores in Switzerland where it’s headquartered. With customers buying footwear and accessories more and more through multi-brand retailers and ecommerce websites, Bata has been trying to restructure its operations for years. Now it came to the conclusion maintaining the Bata stores in Switzerland wasn’t an option anymore. Continue reading

Fashion store Lesara expands to 16 new countries in Europe

Lesara

Lesara, a Berlin-based online fashion and lifestyle retailer, has announced it will now also supply customers in the United Kingdom, Spain, Greece, Portugal, Bulgaria, The Republic of Ireland, Romania, Hungary, Estonia, Latvia, Slovakia, Poland, Czech Republic, Sweden, Denmark and Finland. Continue reading

Amazon opens its latest logistics center near Prague

Amazon opens its latest logistics center near Prague

Amazon has opened a distribution center in Dobroviz, near Prague. The new logistics facility started full operation yesterday, with the Czech minister of Industry and Trade attending the opening. The site already has 1,500 permanent employees. Continue reading

Europe sees rise of mobile payments

Mobile payments in Europe

In Europe, more and more consumers like to pay using their smartphone or tablet. In share of mobile device owners who already have experience with mobile payments, Turkey is the absolute leader in Europe. This is apparent from the latest report by yStats.com, called “Europe Online Payment Methods: First Half 2015”. Continue reading

H&M will open 9 new ecommerce sites in Europe

H&M in Barcelona, Spain

H&M will sell online in Belgium, Bulgaria, the Czech Republic, Hungary, Poland, Portugal, Romania, Slovakia and Switzerland. The Swedish fashion retailer is making a big ecommerce push as it already invested heavily in its online retail site and took several steps to connect its web and mobile assets with its brick-and-mortar stores. Continue reading

H&M launches online stores in 8 new European countries

H&M will launch online stores in eight different countries in Europe during 2015. The new online markets will be Belgium, Bulgaria, Czech Republic, Hungary, Poland, Portugal, Romania, and Slovakia. H&M’s online stores are already available in eleven European countries. Continue reading

Ecommerce Central Europe grew to 93.3 billion euros in 2013

The ecommerce industry in Central Europe has shown an average growth rate of nearly 23% last year. That is a better development than the average European growth of 17.5%. Together, the countries in Central Europe generated online sales worth 93.3 billion euros. Back in 2012 total sales were worth 75.9 billion euros. Continue reading

Eastern European ecommerce attracts investors

Global investors are looking with increasing interest to the ecommerce industry in Eastern Europe. The growth and trends in this region attracts the attention of international ecommerce players and investors. For example in Turkey, there’s a raised interest of investors, mostly in the clothing sectors. Continue reading

Prologis increases construction of warehouses in Europe

Prologis, the world’s biggest industrial-building owner, is constructing more and more warehouses in Europe as the demand for goods sold online keeps growing. Prologis has started projects in Germany, the Czech Republic, Poland and Slovakia and is looking for more opportunities in Germany and the Netherlands. Continue reading

Central European ecommerce to grow to €93.3bn

With an average growth rate of 19% in 2012 the ecommerce industry in Central Europe was growing almost as hard as the European average, which is 19.9%. The region’s ecommerce market was worth 75.9 billion euros in 2012, but it’s expected to have grown to 93.3 billion euros last year, which comes down to an increase of 23% in 2013. Continue reading