The Council of the European Union has agreed on further measures to improve VAT collection on online sales in the EU. According to their proposal, the digital VAT Import One Stop Shop (IOSS) will need to be expanded. In the future, platforms and suppliers will be able to account for…

EU consumers spend a disproportionately large share of their online fashion budgets abroad. Fashion accounts for 46.2 percent of all online spending at non-EU retailers, followed by electronics as the second-largest category. This is according to figures from ECDB. In the data provider’s classification, fashion ranks third in terms of…

Dutch online marketplace Bol is not growing as fast as it did last year. Its own sales have stagnated, but sales by partner sellers on the platform continue to grow significantly. Even with fewer partner sellers. Bol’s parent company, Ahold Delhaize, has not yet released any specific figures regarding Bol…

This week, the European Commission has approved the takeover of Ceconomy, the owner of MediaMarkt and Saturn. Chinese ecommerce giant JD.com is acquiring the company. The Commission has added conditions to the deal. For example, JD.com needs to provide warehousing and logistics services to third-party retailers. In 2023, JD.com and…

Zalando is expanding its product range with items from other online stores, starting with Westwing. An AI shopping agent will eventually place orders on participating external websites, without customers having to leave the Zalando app. The German company aims to generate revenue from Zalando Extended in two ways. Zalando is…

German postal and logistics service DHL has announced several price changes. One of the changes is the introduction of a fee for second delivery attempts of parcels. Previously, second delivery attempts were part of the standard procedure. Now, senders will be charged 2.99 euros. Logistics and postal company DHL has…

The European Commission has approved an action plan submitted by Temu to combat the spread of illegal products. The Chinese platform has committed to implementing five corrective measures. The fine previously imposed on Temu remains in place. In May, Temu was fined 200 million euros by the European Commission for…

The Becom Awards were presented yesterday in Brussels. This year, the Diamond Awards went to Kentucky Horsewear and Woosh. There were 29 finalists in 10 categories. Becom is a Belgian trade association for online retailers. The Becom Awards are presented every year. Last year, Flo Féa, Rootsum, and Baunat were…

Breuninger is accelerating its expansion in Europe. After earlier launches in the first half of the year, it is now expanding into eleven more markets. As a result, the company will now be active in 24 markets in total. The German family-owned Breuninger launched an online store in addition to…

Amazon is bringing its ‘no-return’ solution for sellers using Fulfilment by Amazon (FBA) to Europe. When customers request a refund, they get their money back without having to return the item. FBA Returnless Resolutions, which has been available on Amazon.com for some time, was launched this week by Amazon in…