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.
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.
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.
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.
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.
Ecommerce in the Czech Republic exceeded all expectations. Last year, Czechs spent 3 billion euros in domestic online stores. Compared to the previous year, the Czech ecommerce industry achieved growth of over 20 percent.
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.
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.
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”.
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.
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.
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.
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.
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.
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.