Ecommerce News

The United Kingdom

16% of products online out-of-stock

16% of products online out-of-stock

In online shops, 16 percent of products are out-of-stock. The United Kingdom and the Netherlands have the best product availability. Google Shopping, Facebook Product Ads and Amazon are the top three advertising channels for ecommerce sellers worldwide.

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Otrium 50 million euros in the red

Otrium 50 million euros in the red

Dutch fashion platform Otrium made considerable losses in the past year. The company is 50 million euros in the red. The year before, losses were at 8.4 million euros. This is mostly due to bonuses as well as further company expansion.

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Clearco lays off 25% of staff

Clearco lays off 25% of staff

Just months after expanding to Germany and Ireland, Canadian ecommerce investor Clearco is cutting 25 percent of its staff. This comes down to 125 employees. The company points to ‘the current macroeconomic environment’.

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Ocado raises 670 million euros

Ocado raises 670 million euros

British online supermarket Ocado has raised 670 million euros (578 million pounds). With the money, the company wants to expand further in order to become the top provider for automated grocery fulfilment.

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Amazon launches Luxury Stores in Europe

Amazon launches Luxury Stores in Europe

Amazon Fashion Luxury Stores is launching in 5 countries in Europe. The ecommerce giant will offer 8 brands at launch, planning to add more in the future. But the competition for luxury fashion retail in Europe is fierce.

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Missguided acquired by Frasers Group

Missguided acquired by Frasers Group

British Frasers Group has bought Missguided, after the online fashion retailer collapsed into administration last Monday. The retail group has acquired Missguided for 23.5 million euros. The fashion retailer is planned to continue operating as a standalone business.

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Octopia Fulfillment to enter the UK and Germany

Octopia Fulfillment to enter the UK and Germany

Octopia Fulfillment, a logistics service provider from France, has announced that it will open new warehouses in the coming months. The company will launch warehouses in the UK and Germany, as an addition to its warehouses that are currently active in France and Spain. The expansion will further solidify the company's logistics network.

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Active Ants opens distribution center in the UK

Active Ants opens distribution center in the UK

Dutch fulfillment company Active Ants has announced that it is opening its fifth distribution center in September. After two sites in the Netherlands and an expansion to Belgium and Germany, the company will now take on England. "Coming to Northampton will allow us to increase our presence. Ultimately, we want to become the best fulfillment company in Europe", says co-founder Jeroen Dekker.

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Olsam acquires aggregator MarketFleet

Olsam acquires aggregator MarketFleet

British startup Olsam, an ecommerce aggregator, has acquired US-based competitor MarketFleet. It's the second time that the company acquires another aggregator, after its acquisition of Flywheel Commerce in November last year. The company hopes to consolidate the market with this move.

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