Ecommerce News

Czech Republic

Eyewear retailer Lentiamo wants to be European market leader

Eyewear retailer Lentiamo wants to be European market leader
Lentiamo, the largest online contact lens retailer in the Czech Republic, Slovakia and Italy, wants to become the European market leader for eye care. The online store generated a turnover of 27.3 million euros in 2018 and wants to grow further, among other things with their own solution Solunate and by selling their own line of contact lenses.
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Zalando expands to Ireland and the Czech Republic

Zalando expands to Ireland and the Czech Republic
Zalando is finally expanding again. The German fashion company will open online stores in Ireland and the Czech Republic this summer. These are the first two countries Zalando will enter since 2013. Both Ireland and the Czech Republic will be served by the company's existing logistics sites.
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Czech online retailers increasingly look abroad

Czech online retailers increasingly look abroad
Online retailers from the Czech Republic are increasingly looking abroad to expand their business and increase their revenues. The local ecommerce industry is growing fast and already accounts for over 10 percent of all retail sales. Many ecommerce players are now looking at opportunities in countries such as Hungary and former Yugoslavia.
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Czech fashion store Zoot wins APEK E-commerce Award

Czech fashion store Zoot wins APEK E-commerce Award
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.
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MonkeyData raises seed round at €8 million valuation

MonkeyData raises seed round at €8 million valuation
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.
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MonkeyData helps ecommerce players with data analysis

MonkeyData helps ecommerce players with data analysis
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.
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Czech footwear retailer Bata closes stores, bets on ecommerce

Czech footwear retailer Bata closes stores, bets on ecommerce
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.
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3SI Group stops its ecommerce business

3SI Group stops its ecommerce business
The 3SI Group, formerly known as 3 Suisses International, has decided to pull the plug on all of its retail activities in France, Belgium, Spain, Germany, Austria and the Czech Republic. It has changed its business strategy drastically and will now focus solely on service activities.
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Europe sees rise of mobile payments

Europe sees rise of mobile payments
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".
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H&M will open 9 new ecommerce sites in Europe

H&M will open 9 new ecommerce sites in Europe
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.
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