Did you hear?... Online sales in Germany clicking along strongly

Although only a fraction of total online sales in the United States, online purchasing in Germany is jumping nearly as quickly.

Although only a fraction of total online sales in the United States, online purchasing in Germany is jumping nearly as quickly.

According to a German marketing research group, GfK, German consumers in the first half of 2006 spent Euro 7.2 billion (USD $9.1 billion) for goods and services, up 16 percent from the same period a year earlier. That puts the country on track for at least Euro 15 billion (USD $19 billion) for the 2006 year, reported GfK.

For comparison, Germans in 2005 spent Euro 6.2 billion (USD $7.87 billion) in the first half of the year and nearly Euro 13 billion (USD $16.5 billion) for the year. In the United States, online spending by consumers in the first half of 2006 totaled $80.8 billion, representing a 20.1 percent increase over the same period a year ago.

GfK noted that the growth is due to more and more online shoppers, a number that has grown steadily over the years. For example, in the first half of this year, 600,000 people went online for the first time, the group reported, with 21.1 million reporting doing online shopping. The average bill per shopper in the first half of this year grew Euro 39 (USD $49.50) to reach Euro 343 (USD $435) compared to the same period a year ago.

Despite the growth, economists are still eyeing the country cautiously, wondering when German consumers will begin to spend more freely. So far, business confidence remains high although consumers are still wary.


Did you hear?...Online shoppers choose clothes over computers

For the first time in history, online clothing sales surpassed computer sales, according to the 10th annual Shop.org study conducted by Forrester Research Inc. The State of Retailing Online 2007 report showed that Americans spent $18.3 billion on clothing, apparel, accessories ...read more

Did you hear?... Online retail sales totaled about 20 percent more than last year

Online retail sales, excluding travel purchases, totaled about 20 percent more in 2001 than they did a year earlier, reported comScore Networks. That brought the total in the United States to $33 billion -- $53 billion when counting travel, which is the largest single segment ...read more

Fitness: Did you hear?...

For the week of June 14-20 >> Been wondering what's up with the bankruptcy liquidation of The Fitness Experience, including its non-filings of federally required statements and forms? Well,… nothing. There has been no action in the court since May 20, and TFE still hasn't ...read more

Did you hear?… Online sales in 2006 to reach $200 billion milestone

Just three years after topping the $100 billion mark, online shopping will increase 20 percent in 2006 to $211.4 billion, according to an annual study. The "2006 State of Retailing Online" study, conducted by the research firm Forrester Research with the online-retail association ...read more

Fitness: Did you hear?...

>> The Federal Trade Commission has charged the marketers of the BodyFlex equipment and program with false advertising for its claims that users will lose "4 to 14 inches in the first seven days." The FTC's complaint was filed in federal district court last week, naming Savvier ...read more

Fitness: Did you hear?...

>> Former Fitness Gallery Sales Manager Bob Lachniet is the new western regional and Canadian sales representative for SportsArt America as of mid-January. At SportsArt, Lachniet replaces Terry Provonsha, who left SportsArt to return to Precor where he had worked previously. ...read more

Fitness: Did you hear?...

>> Technogym has been chosen as the exclusive supplier of fitness equipment for the Athens Olympics by the Greek Olympic Committee. On the grounds of the Olympic Village will be set up 11 gyms with more than 300 pieces of equipment that more than 10,000 athletes from 200 ...read more

Outdoor: Did you hear?…

For the week of Feb. 15-21 >> It's time to get down and dirty ladies as the Sugoi Dirt Series ramps up for 2005. The women's technical mountain bike camps started in British Columbia, and expanded east into Alberta, before making its first trips to the United States last year. ...read more

Did you hear?...Germany’s largest sports retailer plans expansion, returns focus to technical product

With revenues up – although increases are on par with the increase in Germany’s VAT – sources tell us that Sport Scheck is looking to expand not only in Germany but also in other European countries as well as to grow its thriving mail-order business. A long-term strategy to ...read more