A strong second quarter has led Zalando to increase its forecasts to a full-year sales growth of 15 to 20 %. The German webshop was helped by the coronavirus pandemic, which forced a lot of people to shop online.
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Dutch electronics retailer Coolblue has expanded to Germany, with an e-commerce pilot in Düsseldorf launched today. The aim is to open physical stores soon as well.
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The corona crisis has accelerated the growth of online grocery shopping at an unprecedented rate. At least part of that growth is permanent and that is bad news: e-commerce in food is not profitable. Is there a way out?
Walmart+, the long-awaited membership program of the world's largest supermarket chain, is due to be launched this month. It should be an alternative to Amazon Prime.
The corona crisis has caused an acceleration in e-commerce, but that acceleration had already started last year. In 2019 online sales in Europe grew by 14.2%, this year an increase of 'at least' 12.7% is expected.
Spanish fashion chain Mango attracted as many as 900,000 new online customers during the lockdown, almost doubling online sales. Digital transformation remains a priority for the company.
Luxembourg’s online shoppers are the most internationally oriented in Europe, Dutch consumers the least. Yet, Germany is the true cross-border king: the country is home to no less than 116 of the largest international online retailers.
Sainsbury's, the second largest supermarket chain in the United Kingdom, had a strong 'Covid quarter': in the midst of the corona crisis, its turnover rose sharply as online sales more than doubled.
Swedish fashion group H&M plans to close 170 stores this year, following the coronavirus crisis and the losses incurred as a result. The focus will be more on e-commerce.
Even though Forever 21 only retreated from Europe in 2019, the American fast-fashion brand already eyes a return to the 'Old Continent'. A new, Europe-centred webshop should pave the way.
The days of low-cost packages imported directly from China are over, experts at the University of Antwerp predict. The sharp increase in shipping and delivery costs coupled with the capacity decrease caused by the coronavirus only add to existing problems.
The European Commission is filing a formal complaint against Amazon because it suspects the online platform uses data from sales partners in order to launch competing products of its own. The e-commerce giant risks a fine of 25 billion euros.
Dutch non-food discounter Action is to trial click & collect in two of its French stores. The pilot is a direct consequence of the coronavirus crisis, which forced the chain to close all of its stores in several countries.
AB InBev has started testing its own direct-to-consumer webshop. The Belgian beer giant offers next-day delivery for five of its brands.
Italian fashion group Gucci has launched a virtual shopping service, which allows customers to communicate with staff through video chat. The company claims the project is unique in the luxury fashion sector.
Amazon will hold its first fashion sale at the end of the month: 22 June will mark the kick-off for its "Biggest Summer Sale", just when several countries have postponed their summer sales due to Covid-19.