H&M Group has announced the online expansion of five of its brands. This month, COS, Weekday, Monki, & Other Stories and Arket will have their collections available online in nine new markets across Europe.
Three of Estonia’s biggest parcel delivery companies have seen their delivery volumes reach pre-Christmas-like levels. This is, of course, due to the coronavirus Covid-19 and the measures taken by the Estonian government.
Major international platforms like AliExpress and Amazon are the most popular online shopping channels among residents of Estonia. But still, slightly more than 40 percent of consumers in Estonia shop online at local ecommerce websites.
Wish has a second distribution center in Europe. The online marketplace has one in Amsterdam. This dc is already in use since the end of last year, but it’s only now that the ecommerce company has revealed it’s running a distribution center in the Netherlands.
Transportation platform Bolt (previously known as Taxify) has launched a food delivery service. The first city where this will be active is Tallinn, but according to the company more cities in Europe will follow soon.
Omniva, an Estonian postal company which operates in the entire Baltic region, has started with expanding its network of parcel lockers. This month, it started with doubling the size of its locker offering, by adding 63 new parcel lockers to the Baltic network and expanding 100 existing parcel lockers.
H&M has opened several new online stores in Europe. It now has dedicated websites in Croatia, Estonia, Latvia, Lithuania, Slovenia, Luxembourg and Ireland. The fashion retailer offers the same range as it does in the physical stores, with complete collections for men, women and children, including accessories.
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.
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.
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.
The total ecommerce industry in Northern Europe is expected to reach sales of 36.8 billion euros in 2014. One year ago, the online economy of goods and services in this region was worth 33.2 billion euros, so this year there’s probably gonna be a growth of 10.8%.