Europe

Cross-Border Commerce Europe Publishes the Third Edition of the “Top 500 Cross-Border Retail Europe”: an Annual Ranking of the Top 500 European Cross-border Online Shops

BRUSSELS–()–Cross-Border Commerce Europe, the platform that stimulates cross-border eCommerce in Europe, releases a major research paper covering and ranking the 500 strongest European players with a focus on cross-border performance. The total online EU cross-border market represents a turnover of €146 billion in 2020 (excluding travel), a record increase of 35% YTD. In this third edition of the “TOP 500 Cross-Border Retail Europe”, Ikea maintains the leading position. The H&M group, with its 3 main brands in the TOP 10, paves the way to a robust cross-border strategy. A study produced by CBCommerce with the support of FedEx Express and Worldline.

The ‘Top 500 Cross-Border Retail Europe’ edition is a major compilation of cross-border data from websites of European retailers. Ranking is obtained by weighting four parameters:

– Online cross-border sales in Europe (16 countries within Western Europe and Scandinavia)

– SEO-indicators covering cross-border performance

– Cross-border score determined on the amount of active countries

– Number and percentage of cross-border visitors

Six additional secondary weighted parameters fine-tune this ranking:

– Brand authority

– Organic search percentage

– Number of languages

– Number of currencies

– Number of payment methods

– Local supply availability (transport and stock services)

Based on the above-mentioned methodology, the TOP 10 “Elite” retailers for 2020 are:

– Top 1: Ikea

– Top 2: H&M

– Top 3: Pandora

– Top 4: Smyths Toys

– Top 5: Lego

– Top 6: Nespresso

– Top 7: Expert

– Top 8: Cos

– Top 9: Swarovski

– Top 10: & Other Stories

For the first time, this TOP 10 is dedicated to omnichannel retailers only. New entrants are Swarovski, Pandora, Expert, Cos and “& Other Stories”. Leavers are pure player marketplaces Zalando and Vivino, as well as C&A, Zara and Tomtom.

B2C online turnover from goods exploded with 24% over 2020 up to €573 billion. In 2020 cross-border e-commerce revenues (excluding travel) reached €146 billion in Europe; a record increase of 35% compared to 2019. Cross-border online sales outperformed total online sales. The main reason for this special achievement is the corona virus impact.

More info: https://www.cbcommerce.eu/press-releases/third-edition-of-the-top-500-cross-border-retail-europe-an-annual-ranking-of-the-top-500-european-cross-border-online-shops/

Infographic: http://docs.cbcommerce.eu/press-releases/top500/infographic-top500.pdf


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