Ecommerce News

Amazon shifts from European roads to trains and boats

Tue, 05 Dec 2023 10:37:49 +0200

Amazon is increasingly using rail and sea transportation in Europe, with a 50 percent growth in utilization this year. According to the company, rail and short sea routes are not only more environmentally friendly but often more efficient and even faster.

Huboo raises 33.7 million euros

Fri, 01 Dec 2023 12:46:13 +0200

Ecommerce fulfillment company Huboo has raised 33.7 million euros (29 million British pounds) in a new funding round. This brings the company’s total amount raised to 141.8 million euros (122 million British pounds).

Amazon’s European second-hand sales exceed 1 billion euros

Thu, 30 Nov 2023 18:14:07 +0200

Demand from European customers has propelled second-hand shopping on Amazon into a billion euros business. The trend is likely to persist as shoppers seek to save money and make more sustainable choices.

Salesupply launches fulfillment center in France

Thu, 30 Nov 2023 15:35:38 +0200

Dutch fulfillment company Salesupply has added another new fulfillment location to its global network. It is located in Lyon, France. The warehouse is 15,000 square meters, which gives the company the opportunity to process higher volumes in that country.

‘Amazon drives cross-border sales for German SMEs’

Tue, 28 Nov 2023 10:46:25 +0200

German small and medium-sized enterprises (SMEs) are extensively utilizing Amazon as a sales channel, both domestically and internationally. Last year, 47,500 of these companies were active on the platform, with an average cross-border sales value of one hundred thousand euros.

European Parliament revises packaging directive

Mon, 27 Nov 2023 18:03:41 +0200

Last week, the European Parliament voted in favor of a revision of the Packaging and Packaging Waste Directive. According to the revision, all packaging needs to be reusable or recyclable by 2030. The revision has been criticized by several parties, since the EU has not set uniform logistics standards across Europe so far.

Temu expands European delivery network

Thu, 23 Nov 2023 17:10:40 +0200

Temu, the rapidly growing ecommerce player from China, has expanded its European delivery network through partnerships in Germany, Italy, Spain, and Portugal. More logistic collaborations seem to be on the horizon.

Vestiaire Collective bans H&M and Zara

Tue, 21 Nov 2023 10:30:56 +0200

In anticipation of the retail industry’s Black Friday event, Vestiaire Collective has removed H&M, Zara, and dozens of other brands and retailers from its platform. The fashion resale specialist is urging partners and customers to join its ‘Think First, Buy Second’ campaign.

Amazon’s packaging in Europe is now recyclable

Fri, 17 Nov 2023 10:35:25 +0200

All boxes, bags and envelopes used by Amazon for deliveries in Europe are now recyclable. The company also states that an increasing number of products are being sent to customers without any additional packaging.

Otto sales partners generate revenue growth

Thu, 16 Nov 2023 11:25:59 +0200

Otto expects slightly higher revenue for the upcoming year-end period compared to the same period last year. According to CEO Marc Opelt, the platform model is the “key growth engine” of the online department store.

Web Retailer Award 2023 winners announced

Mon, 13 Nov 2023 13:28:54 +0200

Last week, the winners of the biggest competition for online sellers in the Adriatic region were announced. The main award, Best in Adriatic, went to Slovenian online store Malinca. In total, 242 online stores from Croatia, Slovenia and Serbia entered the competition.

Funds of European Amazon sellers wrongly frozen

Thu, 09 Nov 2023 18:39:12 +0200

Amazon has recently frozen funds of legitimate sales partners. The company has now acknowledged that mistakes were made. The blockade is being lifted, but sellers continue to face problems.

Germans ship 2% less during holidays

Tue, 07 Nov 2023 15:47:40 +0200

During November and December, the German courier, express and parcel industry is expected to transport around 715 million shipments. This comes down to around 10 million shipments less than the same period last year, which is a decrease of 2 percent.

EU requests clarification from AliExpress

Tue, 07 Nov 2023 10:32:04 +0200

The European Commission has asked the Alibaba subsidiary, AliExpress, for a clarification. Brussels wants to know what the platform is doing to combat the trade in illegal products, including counterfeit medicines. AliExpress has been given three weeks to provide an explanation.

iBood launches in France

Mon, 06 Nov 2023 15:00:33 +0200

Dutch discount platform iBood is expanding into a new European market, France. The platform is already active in four other markets, in addition to its home country. It will now provide daily discount deals to French customers.

Zalando: another year without growth

Thu, 02 Nov 2023 17:41:12 +0200

Zalando expects its revenue to be 0.5 to 3 percent lower this year compared to 2022, when the company already saw a 0.1 percent decrease in revenue. While the bottom line loss is narrowing, Zalando is struggling to attract buyers. Particularly in the DACH region, spending is under pressure.

Hybrid sales commonplace in Germany

Thu, 02 Nov 2023 10:51:02 +0200

A vast majority of German retailers are now selling both offline and online to their customers. According to a study by the industry association Bitkom, this figure stands at 85 percent, up from 77 percent in 2021 and just 66 percent in 2019.

Vinted considers raising 200 million euros

Tue, 31 Oct 2023 18:04:56 +0200

Secondhand fashion platform Vinted is considering a secondary share sale, worth more than 200 million euros. The platform, which is currently operating at a loss, is looking into its capital structure. This means that is currently not planning an IPO.

Shein acquires Missguided

Mon, 30 Oct 2023 16:16:52 +0200

Chinese online fashion store Shein has recently strengthened its portfolio by acquiring the British fashion brand Missguided. The exact financial details of the acquisition have not been disclosed. The label will be added to Shein’s own online platform.

Belgians spent almost €8 billion online in H1

Thu, 26 Oct 2023 16:25:06 +0200

Belgian consumers spent 7.9 billion euros online in the first half of this year. This is an increase of 9.4 percent compared to the same period last year. For the first time, more was spent on services than on products.