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E-commerce: Amazon and AliExpress to make Spain’s E-commerce Market the Fastest Growing in Western Europe
E-commerce: Allegro launches its social website “Allegro Gadane”
Polish E-commerce marketplace Allegro has launched its own social media channel called Allegro Gadane. However, this social media website isn’t designed to compete with the likes of Facebook and Twitter. Instead, it’s a social platform specially made for its sellers and buyers where they can access information, share ideas and ask questions. Right now, the Allegro Gadane community consists of two categories which are split into three forms. The first category focuses on beginners, while the second category focuses on advanced sellers. And the third category is solely for buyers which includes buyer discussions, the community blog, with messages from the Allegro Gadane team.
J&P comments
Allegro Gadane is a useful platform since it provides users with access to comprehensive information that has been to by the community. Alegro’s social media site will also enable buyers and sellers to improve their business.
E-commerce: De Bijenkorf could be expanding to France
Speculations have raised that luxury omnichannel retailer De Bijenkorf is opening an online store in France after the company posted a job vacancy seeking native French speakers. However, this doesn’t necessarily mean that the company is expanding to France, as they could potentially be planning to grow its business in Belgium. French is the second most common language in Belgium, which is used by 40% of its population. The Selfridges owned company hasn’t confirmed these speculations. Still, the sentence “working experience with the French consumer market.” highlights a strong indication that the business might be planning to expand to France.
J&P comments
De Bijenkorf is a high-end fashion retailer that is currently owned by Selfridges Group Limited. The business was founded in 1870, and in 2015 they opened its first online store in Belgium under Debijenkorf.be.
E-commerce: Forever 21 reaches $81 million deal to sell its business to US mall owners and brands
U.S. fashion retailer Forever 21 has reached an €81 million deal for its retail business from investors such as Simon Group Property, Brookfield Property Partners and Authentic Brands. Forever 21 confirmed in a bankruptcy court filing that it is seeking approval to name the three as the lead, stalking-horse bidders in the auction. All three bidders have until Friday to make any counteroffers, and if bids have been received, then an auction will take place on 10 February. Forever 21 will seek approval of the sale by 11 February.
J&P comments
Forever 21 filed for bankruptcy protection in September 2019, which resulted in the closure of 178 U.S. stores. Since then, the company partnered with cross border e-commerce platform Global-e to re-launch its international online stores in Canada, Asia, the Asia Pacific region and Latin America.
E-commerce: Cotswold partners with AO amidst logistics expansion
Furniture retailer Cotswold has signed a 12-month partnership deal with AO to deliver their goods for them. Cotswold’s Chief Executive Kevin Jonson said, “After experiencing AO’s wonderful delivery service as a customer and appreciating how they put their customer first, I knew we shared the same values”. Also, Kevin stated that customers trust the Cotswold Company to deliver excellent service and quality products, and AO is a logistic company that they trust to get it right.
J&P comments
The new partnership will enable Cotswold customers to manage their delivery slots every day of the week via AO’s website. This news follows AO positioning itself as a logistic service for other retailers, including its partners Simba and Lidl which was formed last year.
E-commerce: Dutch T-shirt company Girav launches in Germany
Girav, a Dutch start-up company that specializes in extra long t-shirts for men, has finally opened its online store in Germany. The company was established in 2010 and founded by Erick de Weerd after experiencing difficulties in finding nice T-shirts in his size since he is 1.96 meters long. However, Erik would then have to settle for XXL t-shirt, which was too big for him on the width. Erik’s business idea turned out to be a success, with achieving 15,000 orders and revenue growth of 30 per cent last year.
J&P comments
After the company’s success in the Netherlands, the brand is ready to launch Its online store across Europe. The first location being Germany which will be through the Girav.de site, which is a copy of the Dutch website.
