Anders Holch Povlsen, the sole owner of Danish online retailer Bestseller, has invested a double-digit million-euro sum in Miinto Group, a Danish platform that hosts 20,000 brands on one online platform. Most of the investment will be used for creating more awareness and for developing on new digital solutions.
Vente-privee keeps on expanding in Europe by buying competitive websites that also offer private sales online. The French company now acquired, through its subsidiary Vente-Exclusive.com, the Danish ecommerce website Designers & Friends. With the acquisition, Vente-privee wants to strengthen its position in Scandinavia.
Ecommerce in Denmark was worth over 100 billion Danish kroner (13.44 billion euros) for the first time ever. The online retail industry in Denmark now accounts for approximately 10 percent of the total retail turnover.
Clerk.io, a Danish SaaS startup that helps online shops increase sales and retention, is expanding rapidly throughout Europe. The software company has already established itself in Europe, primarily in the UK, the Netherlands and Italy, but wants to expand to Germany and France as well.
Bloomon, a Dutch company that sells fresh flowers online on a subscription basis, has expended its territory to Denmark. Now people of this Nordic country can choose between a small, medium or large bouquet of flowers and get it delivered to their homes weekly, every fortnight or monthly until they no longer want to use the service.
DHL has joined forces with the Finnish postal operator Posti and Bring, a subsidiary of Norwegian postal operator Posten Norge. Together they offer a B2C infrastructure for parcel deliveries across Scandinavia, Finland and the Baltic states. With 6,500 parcel shops and parcel stations across seven countries it will be the largest parcel network in northern Europe.
Consumers in Sweden, Norway, Finland and Denmark have purchased goods online worth a total of 17.39 billion euros in 2015. That’s an increase of around 15 percent compared to the year before. Four out of ten Nordic residents bought goods online from foreign websites, spending a total of about 4.3 billion euros across the border.
Outfittery has expanded its service throughout Europe by offering a free pick-up service. This will make it even easier for customers to return items they don’t like: Outfittery will pick up the items at the customer’s home without asking any fee for it.
PostNord Denmark announced it entered into a new collaboration with Alibaba Group. As a result online retailers in the Nordics should reach Chinese consumers easier and cheaper than before. And in turn, parcel volumes from the Nordics to China will increase, the postal operator says.
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.
EasySize, a Danish data-driven company that tries to solve the sizing and fitting issue in fashion ecommerce, has entered the Swedish market last month, but is already busy planning other launches. The company has announced it will expand to Europe’s three biggest ecommerce markets: the United Kingdom, Germany and France.
If your shipments are damaged or lost during transport, who covers the loss? One might think the carrier covers the full value of the shipment, but this is far from the truth. And also, it depends on in which country the shipment takes place, how big your loss as a retailer will be.
Ecommerce platform Groupon has closed its operations immediately in Sweden, Denmark, Norway and Finland. This decision follows after its business has been in decline for months now. Things don’t look so swell for Groupon, which has said goodbye to 1,100 employees and exited other international markets recently.
Consumers in the Nordic countries expect to conduct the majority of Christmas shopping offline. But Sweden is the notable exception, as a majority of consumers believe they will shop their gifts mostly online. In total, more than 80 percent of Nordic consumers will shop online this Christmas and almost a quarter of the Christmas shopping will be mobile.
Consumers in the Nordic region made online purchases for 4.29 billion euros during the second quarter of this year. This is an increase of more than 800 million euros or 23 percent compared to the same period last year. Domestic commerce in each respective country grew even harder, by 29 percent.