In the United States, there is a fiery ongoing battle between Amazon and Walmart regarding the lowest possible shipping cost to reach the consumer. “A standardized package label is a talking point in the United States, but things are not that advanced as in Europe.”
French luxury group LVMH has devised a web shop called 24Sevres.com, that will focus on its own luxury brands and leave a space for other brands as well. The new online platform will launch on 6 June in seventy countries.
Belgian group Colruyt has made its Cara Pils and other private labels available on Chinese eCommerce giant Alibaba’s platforms, but for the time being, only professional customers can acquire Colruyt’s brands.
German incubator Rocket Internet’s most important companies have continued their turnover growth in 2016. Losses were also lowered and Rocket Internet says it is well on its way to become profitable soon.
Vente-Privée, the world's largest website for private sales, has obtained a majority stake in French wine web shop Le Petit Ballon, which sells 1 million bottles every year through a subscription service.
Who says young people do not have an entrepreneurial spirit? Isabelle Dumortier was only in her early twenties when she launched her first web shop. Today, Tutu Shop is on the verge of an international breakthrough.
Retailers expect eCommerce to contribute positively, but unlike their customers, they are not willing to switch to new technologies as fast. The Netherlands are pioneers, but Belgium lags behind according to HR service provider SD Worx’ European survey.
American online powerhouse Amazon aims to create 15,000 new jobs in Europe this year (among which 2,000 in Germany, 1,500 in France and 5,000 jobs in the United Kingdom), as the company looks to expand its logistics network and other services.