Micolet Expands Further Into Europe
Micolet is a unique Spanish marketplace that deals with second-hand clothing, and due to its success, they're extending its operations to two additional EU countries: Poland and Netherlands. The company began its operations last year in France, Spain, Germany, Italy, US and Portugal, and although it's a relatively new marketplace they have caught a foothold thanks to the unique good that they sell. Micolet has achieved a growth rate of 50K new customer each month and brings in 1000 new listings each day.
Amazon Forms Alliance with Spanish Parcel Delivery Service Correos
Amazon has signed a three year contract with Correos the national postal service of Spain, to enable Amazon customers in Spain to receive an even faster and reliable delivery service. Correos’s network includes 2,400 post offices, 5,000 Lockers, and over 30,000 postmen who deliver goods to customer’s homes and businesses in Spain. It’s evident that Correos has the capability to cover huge volumes of shipments, since they delivered over 24 million shipments between November and December 2018.
Outfittery & Modomoto Join Forces
German fashion start-up Outfittery and Modomotto have formed a partnership, where the new business will operate only under the Outfittery brand in German-speaking countries including Benelux, Sweden and Denmark. Both Berlin-based companies specialize in menswear fashion and have been competing with each other for nearly a decade. However, the competition now draws to an end thanks to their alliance.
With their new business venture, the company wants to stimulate growth in Europe and become a stronger competitor to challenge Zalando, which provides a similar shopping service.