All E-Commerce & DTC articles

  • Cross-Border_commerce_logo
    Article

    Cross-border online commerce in Europe rises 17 percent, while Brexit heavily impacts U.K. business

    2022-06-23T06:00:00Z

    Cross-Border Commerce Europe (CBC), a Brussels-based platform promoting cross-border online commerce in Europe, publishes a yearly study that examines and ranks the 16 strongest European countries in terms of both consumer behavior and business performance in cross-border online commerce. In the 2021 ranking of the most eager EU consumers, Luxembourg ...

  • Meta logo
    Article

    Meta to sell name-brand avatar apparel

    2022-06-22T07:32:00Z

    In January, Meta introduced its 3D avatars – already operative in its virtual-reality (VR) iteration – into Facebook, Messenger, Instagram Stories and direct messages (DMs). This month it is inaugurating the Meta Avatars Store, where users can purchase virtual apparel for their avatars from, so far, three name brands – ...

  • GMG_Hong_Kong
    News briefs

    A new Nike concept store in Hong Kong with GMG

    2022-06-16T07:45:00Z

    GMG has launched a new Nike concept store in Hong Kong. The 200-square-meter store is located at the Hang Tau district’s East Point City shopping mall. GMG is a global company retailing, distributing and manufacturing a portfolio of international and home-grown brands across sports, food and health sectors. The company ...

  • Decathlon
    News briefs

    Decathlon expands its distribution channels in the U.S. to include new retailers

    2022-06-10T09:57:00Z

    French sporting goods brand Decathlon announced at Outdoor Retailer in Denver that it will expand its distribution channels to include key brand partners to provide customers with greater access to its sporting goods offering. Decathlon’s products are available on decathlon.com and through a growing list of retail partners, including specialty ...

  • Instant Commerce Logo
    News briefs

    Instant Commerce announces €2 million pre-seed funding

    2022-06-10T09:56:00Z

    Instant Commerce, a Dutch e-commerce software startup, has raised €2 million in seed capital with the participation of the founders of Storyblok, Wandera, Snyk and Supercell. With the investment, the young company wants to build the product, expand the team, and create brand awareness throughout Europe. Instant Commerce was founded ...

  • News briefs

    Puma launches shopping app in India

    2022-06-09T16:30:00Z

    Puma has launched its official mobile shopping app in India to further enhance its digital offering to consumers and give them faster access to its latest products and exclusive services. An official statement said that India is the first country where the German sportswear manufacturer’s e-com app has gone live. ...

  • planetics_upscale
    News briefs

    Planetics with new marketing director

    2022-06-08T06:27:00Z

    Source: LinkedIn / Planetics Melanie Hüttenberger Planetics, the German online marketplace for sustainable and fairly produced sporting goods, announced on LinkedIn that Melanie Hüttenberger joined the company as its new marketing manager on June 1. Hüttenberger has more than 20 years of experience in PR and marketing, ...

  • rupixen-com-Q59HmzK38eQ-unsplash
    Article

    ​Growth in German e-commerce continues to normalize

    2022-06-07T09:43:00Z

    E-commerce in Germany cannot evade the effects of war, rising prices and insecure consumers and is returning to familiar growth paths after double-digit revenue increases in previous years, says the German e-commerce and mail order retail association (bevh) regarding the first half of Q2. Consumer goods e-commerce sales as a ...

  • News briefs

    Playtomic enters the e-tail space

    2022-06-03T12:01:00Z

    Playtomic, which has made its name as a platform for racquet club management and court rentals, has inaugurated under its own brand a line of racquet-sports apparel and accessories and opened an e-commerce website to sell it. So far the site is operative only in Spain, but there are plans ...

  • alibaba
    News briefs

    Alibaba cracks mark of 1 billion Chinese consumers

    2022-05-30T13:18:00Z

    For the last fiscal year, Alibaba reported a record 8,317 billion yuan renminbi (€1,160 billion) in global gross merchandise value. However, revenue in the quarter ended March 31, 2022, climbed only 9 percent year-on-year to RMB 204.1 billion (€28.5 billion). This is the slowest growth ever, which the company attributes ...

  • Gymshark_Logo
    Article

    Gymshark FY profit up 47 percent, readies London store

    2022-05-25T06:19:00Z

    Gymshark Group Ltd.’s net profit rose by 47 percent to £36.5 million (€41.4m) from £24.8 million for the 12 months ended July 31, 2021. Group revenues for the DTC-only brand increased by 68 percent to £401.9 million (€455.8m) from £260.7 million. Financial year operating profit slipped to 11.6 percent from ...

  • Durable Elegance
    News briefs

    Lacoste opens largest flagship store on Champs-Elysées

    2022-05-23T15:04:00Z

    Lacoste opened a 1,600-square-meter store at 50 Champs-Elysées in Paris, at the corner of rue du Colisée, on May 20. The new retail space – dubbed Lacoste Arena – is the brand’s largest flagship store globally. Tennis takes center stage in the new store, alongside the brand’s collections for golf ...

  • antoine-petitteville-Pm_Mipu4kvc-unsplash
    Article

    UK e-tail slows down post-pandemic

    2022-05-11T12:31:00Z

    According to the most recent IMRG Capgemini Online Retail Index, the post-pandemic retail climate is, at last, taking shape. Online sales for the 200-odd retailers tracked by the index are down by 12 percent year-on-year for April. As IMRG puts it, this is a significant improvement from March’s year-on-year fall ...

  • SNIPESStore
    News briefs

    Snipes acquires Croatian retailer Shooster

    2022-05-10T10:34:00Z

    Following its successful expansion into Poland (acquisition of the Distance fashion chain in June 2021) and the takeover of the American retail chains Jimmy Jazz and Expressions in the same year, Cologne-based sneaker and streetwear retailer Snipes is continuing its expansion course with the acquisition of Croatian retailer Shooster. Alongside ...

  • Zalando
    Article

    Zalando launches a profit warning as sales decline for the first time

    2022-05-08T18:31:00Z

    Zalando posted the first decline in quarterly sales in its history and launched a profit warning for the full year. In the first quarter, the German online retailer reported a 1 percent increase in the gross merchandise volume (GMV) to €3.2 billion but a 1.5 percent decline in revenues ...

  • Decathlon parcel locker_0
    News briefs

    Decathlon increases investment in Quadient parcel lockers

    2022-05-04T09:52:00Z

    Decathlon France began equipping 62 of its stores with Quadient parcel lockers in 2015. The lockers, where merchandise ordered online is deposited for pickup, are additional customer service. The success of the lockers, tested and certified by the retailer’s teams, has led the sports retailer to expand the partnership, resulting ...

  • apple-pay
    News briefs

    EU continues to criticize Apple over use of Apple Pay

    2022-05-04T09:41:00Z

    The European Commission has informed Apple of its preliminary view that the U.S. technology company has abused its dominant position in the markets for mobile wallets on iOS devices. By restricting access to a standard technology used for contactless payments with mobile devices in stores, Apple has restricted competition in ...

  • News briefs

    AC Milan launches official store on Tmall

    2022-05-03T06:10:00Z

    AC Milan has announced the launch of an official flagship store on Tmall, the largest online retail platform in China, part of the Alibaba Group. It will be the sixth e-commerce store of the football club in China, a country in which AC Milan boasts more than 146 million fans. ...

  • Amazon-Logo
    News briefs

    Amazon's operating income tumbles

    2022-04-29T10:30:00Z

    Amazon’s first-quarter revenue rose 7.3 percent year-over-year to $116.44 billion. Operating income, however, decreased to $3.7 billion and net loss was $3.8 billion. On a diluted basis, this resulted in a loss per share of $7.56. According to Amazon, this was mainly due to a $7.6 billion loss from the ...

  • FESI
    Article

    FESI welcomes preliminary agreement on DSA, but calls for better corporate and consumer protection

    2022-04-28T13:11:00Z

    FESI has commented with approval on the preliminary political agreement reached on April 23 between the EU Parliament and Council on the Digital Services Act (DSA) proposal. The agreement paves the way for a safer and fairer online environment by strengthening the liability of online platforms for illegal content, especially ...