Cross-Border Commerce EU Digest #9
Cross-Border Commerce Europe
News, trends, insights, exclusive events & networking opportunities for Retail C-level executives in Europe ?? Join us!
Welcome to a new edition of our Digest, richer than usual because it contains so much exciting news we can't wait to share. Enjoy your reading, and don't forget to share it with your network.
C-Suite Fashion & Beauty 2022: what a fantastic event!
C-Suite Fashion & Beauty 2022 took place on September 14-15 in the splendid setting of the Colonial Palace immersed in the park of Tervuren, a few kilometres outside Brussels, in the heart of Europe. It featured the leaders of the leading Fashion & Beauty Retail brands and marketplaces operating in the European Economic Area.
It was the first 'C-Suite' event dedicated to a particular industry that is constantly and profoundly changing. The number of participants increased from 120 to 140, given the demand (the event sold out much earlier than expected).
They were joined by our privileged partners, whom we thank for making this exceptional event possible: APG eCommerce Solutions , DPDgroup , LaserShip , Lengow , nShift and Vinted Go.
The numerous sessions, featuring more than forty-round tables, lectures and debates, touched on key industry topics, from the circular economy to sustainability and trending aspects such as metaverse and artificial intelligence evolution.
Sven Verstrepen from? Universiteit Gent ?has animated a very insightful debate on Circular Economy for Fashion?with?Jér?me Vallet, Omnichannel Operations Director at? 开云 ,?Felix Winckler, CCO at? Reflaunt ?and?Javier Artal Herbella, CBDO at? Sams?e Sams?e .
Cross-Border Fashion Award Pitch 2022
Congratulations to Alexandra Bor from LolaLiza (Belgium ????), the Fashion Award Pitch Winner 2022.
Excellent pitches also from the other finalists: Valentino Soldan of Benetton Group (Italy ????, second place), Marco van der Hulst of Hunkem?ller (Netherlands ????), Raquel Silva of Salsa Jeans Jeans (Portugal ????), and Jie Hu Luo, from the European team of 京东 (China ????).
Next Event C-Suite Winter 2022 is approaching: interested to join us in Brussels on October 13-14? A few seats are still available
Cross-Border C-Suite Winter 2022 will be an evening and full day of knowledge sharing & network experience with more than?240 European retail executives.
The event will be in prestigious locations in Brussels, such as Egmont Palace and Academy Palace, on October 13 and 14.
The highlights of the C-Level Winter event are:
The event is?invite-only and free of charge?(except for travel expenses), including hotel and gourmet experiences.
Discover the complete programme and book a call with Carine Moitier to arrange your participation .
领英推荐
Have you seen the new cbcommerce.eu ? We have completely revamped our website
With the evolution of web technology and design, it was a must to refresh our primary communication channel to offer an improved user experience.
Visit the new, already fully live version at cbcommerce.eu and let us know what you think.
New Report: TOP 20 Fashion Retail Europe 2022
Cross-Border Commerce Europe published the first edition of “TOP 20 Fashion Retail Europe 2022 ”: the annual ranking dedicated to online Fashion retail. The report was presented during C-Suite Fashion & Beauty by Bert Hendrickx, Head of Research. The Report is on sale on CBCommerce.EU
The total online EU fashion market generated €119B turnover in 2021 and is estimated to reach €175B in 2025 (+50%). This growth is supported by customer-to-customer (C2C) marketplaces offering resale and second-hand sustainable fashion.
The online fashion market will inevitably increase over the next five years
The total EU online Retail B2C market was worth €639B in 2021. Fashion represents 18% of this total online market. The entire online EU Fashion turnover was €119B in 2021, representing a market share of 25% of the total online Fashion market. This market share is expected to grow from 25% to 33% in 2025.
The rise of virtual fashion
We will see substantial tech investments in VR fashion in the coming years. Virtual Fashion technologies, like virtual try-on e-commerce software solving online sizing issues and minimising returns, can improve customer experience and support companies addressing sustainability issues. For example, the luxury brand Gucci launched a metaverse version of its real-world Gucci Garden on Roblox .
According to Carine Moitier, Founder of CBCommerce.EU
Fashion is the most relevant industry in the online cross-border retail market. Therefore, I am grateful to our market research team for this first edition of the “TOP 20 Fashion Retail Europe” report. It makes online fashion in Europe more transparent and stimulates cross-border transactions for the entire sector.
EU Policies: Sustainable Consumption Pledge
To help all economic actors reach carbon neutrality by 2050, the European Commission calls for European organizations to join the Sustainable Consumption Pledge .
This initiative approaches non-food organizations of different sizes and areas to make explicit, public and unquestionable responsibilities to lessen their natural footmark, produce more sustainable items and try harder to raise shopper attention.?
Sustainable creation isn't simply an issue for organizations: it is what buyers anticipate that organizations should do. Also, shoppers' ecological mindfulness is on the increment.?The New EU Consumer Agenda will engage buyers to settle on informed choices keeping away from greenwashing and building trust in ecolabels.
The Sustainable Consumption Pledge, an advancement from the idea of the Green Consumption Pledge launched in January 2021, is the primary drive conveyed under the New Consumer Agenda. It aligns with the European Climate Pact's mission, which involves individuals, networks and associations to participate in climate activity and construct a greener Europe. By pursuing the pledge, organizations vow to speed up their commitment to sustainable change. The promise has been created in a joint exertion between the Commission and organizations to speed up organizations' commitment to sustainable monetary recovery and to assist with building purchaser trust in the natural execution of organizations and items.
More from our Industry Insights blog
Brand & E-commerce Manager at Malelions | Thuiswinkel.org / ShoppingTomorrow | Founder at JPC Solutions
2 年Really enjoyed the days in Brussel!