Coolblue turnover up 55 % (again)

Coolblue turnover up 55 % (again)

Dutch web shop Coolblue has managed a 55 % turnover growth in the first half of 2014, which prompted founder Pieter Zwart to increase the full-year turnover forecast from 300 to 350 million euro.

Monster growth for tenth quarter in a row

The company from Rotterdam is reaping the benefits of its line of specialized web shops (it currently has 160 Belgian web shops with the Coolblue logo): "We have grown more than 40 % for the tenth quarter in a row," Zwart exclaimed in a press release. Unlike many of its competitors, Coolblue's turnover growth has not slowed down. Its turnover 'only' grew 42 % in last year's first semester.

 

It has managed to double its turnover in 2 years' time: "I noticed this morning that we have already surpassed 2012's full-year turnover", Pieter Zwart said proudly, even though he has even more ambitious goals. "The start of the summer sales have grown 65 % compared to last year", Werner Bruyns, Coolblue Belgium's manager, stated.

 

The CEO also points out his company is not only growing because of the new web shops, but that its existing shops and its 7 physical stores are also still growing. It has 2 physical locations in Belgium (Antwerp and Lochristi), with Leuven and Hasselt still planned.

Questions or comments? Please feel free to contact the editors


Rakuten bridges gap to Japanese online consumer

30/10/2017

In Alibaba and Amazon’s shadow, Japanese Rakuten Ichiba is quickly developing. Several Western chains are using the platform to sell their products to Japanese online consumers.

Whole Foods contributes to Amazon's enormous turnover increase

27/10/2017

American Amazon’s third quarter turnover grew a lot once more, partially thanks to Whole Foods. This was the first time the chain’s turnover was added to Amazon’s overall turnover.

More than half of American families subscribed at Amazon

21/10/2017

An astonishing ninety million Americans have joined Amazon’s subscription program, Amazon Prime. Considering there are 126 million families in the United States, it is clear that Amazon has a tight grip on its home territory. What can Europe learn from this?

Safe.Shop is new global eCommerce trust mark

16/10/2017

Safe.Shop is the world’s first global eCommerce trust mark. Currently, only twelve countries signed up, but that number should increase in the future.

Fashion platform About You launches in the Netherlands and Belgium

11/10/2017

German fashion web shop About You, the second largest online European fashion retailer, officially launched in Belgium and the Netherlands following an unofficial launch in the Netherlands some time ago.

Alibaba invests billions in physical retail

28/08/2017

Over the past two years, Chinese eCommerce giant Alibaba has spent nearly seven billion euro in physical retail. Its Hema Xiansheng chain already has thirteen supermarkets and it acquired luxury department store Intime from the government in January.

Back to top