Ulmart, Russia’s leading e-commerce company, confirmed past week that its plan to go public has been delayed from 2015 to 2016, led by the Ukrainian crisis, as chairman and co-owner Dmitry Kostygin explained.
German yStats.com, released its “Global Clothing B2C E-Commerce Market 2015” report on Monday, showing two main results for clothing online market segment: Its disputed first position between consumers purchases with electronic consumer goods, and the symbiosis with offline stores in a seamless online-offline experience as consumer preferences show.
Zalando, the shoe and fashion German multinational online retailer, launched on Monday its partner programme in the UK, following similar previous launchings in eight European countries including Germany and France.
Irish Visa card holders made the e-commerce spending to rise to almost € 5.6 billion in 2014, a 30 per cent increase on the corresponding period, the growth is nearly twice faster than across Europe where Visa saw an increase of 17 per cent in the year to more than € 280bn.
Tencent brand is estimated to be worth $66.1 billion, having nearly doubled in a year, while Alibaba , ranked second with brand value of $59.7 billion, after its successful IPO, according to research company Millward Brown.
Inditex CEO Pablo Isla, in his recent visit to China and the US, has revealed some figures that show the strength of the company, a new empire on which the sun never sets with presence in 90 countries and with 7.000 stores.
Ecommerce is increasing all across the globe, but in Germany there is an additional reason that pushes it up: store hours. Most evenings, 8pm is the closing hour for stores in the cities and before dinner time in smaller towns, where clerks can be at home early around lunch time on Saturdays.
Every week there are countless interesting news stories about cross-border online trade. E-Commercefacts searches out for you on a daily basis the topics to which we attach the greatest importance. To ensure that you never miss anything, we have compiled together all of last week's news that didn't appear as a dedicated article!