Zalando is only five years old, but the online retailer is already selling more than one billion euros worth of products in Europe. But while the fashion retailer generates big sales, it also have made losses every year since. That will change, Zalando knows for sure. “There’s no question about it”, says CEO Rubin Ritter.
The United Kingdom, the United States, Germany, France and the Netherlands are the world’s most advanced ecommerce countries. That’s what we can conclude after we poked around in the Global Perspective on Retail report by Cushman & Wakefield. Europe is doing very well we might say.
The European Union is planning to introduce a contract law system which governs sales of products. But the European Consumer Organisation (BEUC) and Ecommerce Europe are strongly against this law, the Common European Sales Law, aka CESL.
Eurostat, the statistical office of the European Union, shared some interesting statistics about the percentage of enterprises’ total turnover that contains ecommerce sales. And it´s not the United Kingdom, France of Germany where the contribution of ecommerce to national business revenues is highest. Now, companies based in the Czech Republic and Luxembourg had the highest share last year.
Many ecommerce sites in Europe are loading too slow. Actually, one in three of Europe’s top ecommerce sites fail to meet the performance demands of online shoppers. And it’s not a unavoidable problem, many websites could speed up a notch by just implementing some standard performance fixes.
Here in Europe it´s not all about credit cards. There are actually many, many different online payment methods. Let´s have a look at what customers in certain European regions and countries tend to use if they order goods online. You´ll notice common names like Paypal, but also some very local ones, like Dankort.
Winners of the European E-commerce Awards 2013 have been announced. Asos, John Lewis and Vestiaire Collective have been rewarded with gold awards at the ceremony that took place on the eve of June the third in Barcelona.
It’s going well with ecommerce in Europe. Online revenue of goods and services grew by 19% to reach €311.6 billion last year. The United Kingdom (€96 bln), Germany (€50 bln) and France (€45 bln) together represent 61% of the total European B2C ecommerce sector.
Let’s have a look at the web usage habits of Europeans. For example, did you know that they represent 12% of the global population, while representing 21 of the online population? And did you know that Iceland and Scandinavia have the highest internet penetration on this continent? Check out the infographic and be amazed by more numbers!
42% of the merchants in the Internet Retailer Top 500 ship to at least some European countries. Web-only merchants seem to be the most European centered retailers. More than 150 retailers ship to all the 18 biggest European online retail markets, including The United Kingdom, Germany and France.