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.
Otto Group, one of Europe’s biggest online retailers, wants to fully acquire the ecommerce assets of Groupe 3SI, a huge online retail company in France. Otto already owns a 51% stake in the company since 1981, but now wants the whole ecommerce deal.
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.
Staff members of Amazon Germany staged a daylong strike yesterday, demanding better payments and benefits. Trade Union Verdi called on workers at Amazon’s logistics center in Leipzig to stop working from 12:30 p.m. ET. It’s the second time within a month workers at Amazon’s logistics centers have staged protest against the global internet retailer.
Dutch company Kleding B.V. is only one year old and it has already launched their first foreign spin-off. Fashiola.de offers German users a simplified interface with a broad selection of clothes and filtering options. Kleding B.V. wants to make Fashiola.de the most important searching platform for fashion online shoppin in Germany within the next two years.
Germany’s largest online optician, Mister Spex secured a 16 million euro ($20.5mln) investment. Scottish Equity Partners led the financing round, while existing investors like XAnge and DN Capital also participated. With the new capital Mister Spex will try to increase its partnerships with independent opticians and expand their business to other European countries.
Deutsche Post is starting an experiment with boxes installed at people’s homes. This way the German mail service could drop the parcels in the secured boxes when a customer isn’t home. It’s all part of a greater plan, as Europe’s largest mail service wants to deliver more parcels, especially with the expected boost of food and consumer goods deliveries.
Foot Locker is only a few steps away from buying the Germany-based store and online retailer Runners Point. The American retailer of sportswear and footwear has paid 94 million dollars (€72 mln) for the company but the deal still has to get a green light from the German authorities.
Strato, one of Europe’s largest webhosting companies, is stepping up its game. It recently relaunched their software in the Netherlands by offering more features for less money. It already established a successful relaunch strategy in Spain and Germany.
Ecommerce company Fab wants to be the world’s number one design store. To get there the company opened a brick-and-mortar retail store, redesigned their web and mobile apps and announce new lines of ‘Exclusively Fab’ products and the acquisition of a online custom furniture maker.