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Global-e Selected by Victoria's Secret to Enhance International E-commerce Offering

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Global-e (NASDAQ: GLBE) has been selected by Victoria's Secret to enhance their international e-commerce operations. The partnership will strengthen Victoria's Secret's online presence in key markets like Canada, Germany, and France, while enabling localized shopping experiences across over 100 markets globally.

The collaboration provides Victoria's Secret customers with local currency pricing, various payment options, guaranteed final purchase costs, and enhanced delivery services. Global-e's platform offers localization in over 30 languages, supports over 100 currencies, and provides over 150 local payment methods, along with tax calculation, shipping options, and returns management.

Global-e (NASDAQ: GLBE) è stata selezionata da Victoria's Secret per migliorare le loro operazioni di e-commerce internazionale. La collaborazione rafforzerà la presenza online di Victoria's Secret in mercati chiave come Canada, Germania e Francia, consentendo esperienze di shopping localizzate in oltre 100 mercati globalmente.

La collaborazione offre ai clienti di Victoria's Secret prezzi in valuta locale, varie opzioni di pagamento, costi finali di acquisto garantiti e servizi di consegna migliorati. La piattaforma di Global-e offre localizzazione in oltre 30 lingue, supporta oltre 100 valute e fornisce oltre 150 metodi di pagamento locali, insieme a calcoli fiscali, opzioni di spedizione e gestione dei resi.

Global-e (NASDAQ: GLBE) ha sido seleccionada por Victoria's Secret para mejorar sus operaciones de comercio electrónico internacional. La asociación fortalecerá la presencia en línea de Victoria's Secret en mercados clave como Canadá, Alemania y Francia, al tiempo que permitirá experiencias de compra localizadas en más de 100 mercados a nivel mundial.

La colaboración proporciona a los clientes de Victoria's Secret precios en moneda local, diversas opciones de pago, costos finales de compra garantizados y servicios de entrega mejorados. La plataforma de Global-e ofrece localización en más de 30 idiomas, apoya más de 100 monedas y proporciona más de 150 métodos de pago locales, junto con cálculo de impuestos, opciones de envío y gestión de devoluciones.

Global-e (NASDAQ: GLBE)는 Victoria's Secret에 의해 국제 전자상거래 운영을 강화하기 위해 선택되었습니다. 이 파트너십은 캐나다, 독일, 프랑스와 같은 주요 시장에서 Victoria's Secret의 온라인 존재감을 강화하며, 전 세계 100개 이상의 시장에서 지역화된 쇼핑 경험을 가능하게 합니다.

이번 협력은 Victoria's Secret 고객에게 현지 통화 가격, 다양한 결제 옵션, 보장된 최종 구매 비용, 향상된 배송 서비스를 제공합니다. Global-e의 플랫폼은 30개 이상의 언어로 현지화를 제공하며, 100개 이상의 통화를 지원하고, 150개 이상의 지역 결제 방법을 제공합니다. 또한 세금 계산, 배송 옵션 및 반품 관리를 포함합니다.

Global-e (NASDAQ: GLBE) a été sélectionnée par Victoria's Secret pour améliorer ses opérations de commerce électronique international. Ce partenariat renforcera la présence en ligne de Victoria's Secret dans des marchés clés comme le Canada, l'Allemagne et la France, tout en permettant des expériences d'achat localisées dans plus de 100 marchés à l'échelle mondiale.

La collaboration offre aux clients de Victoria's Secret des prix en monnaie locale, diverses options de paiement, des coûts finaux d'achat garantis et des services de livraison améliorés. La plateforme de Global-e propose une localisation en plus de 30 langues, prend en charge plus de 100 devises et offre plus de 150 méthodes de paiement locales, ainsi que le calcul des taxes, les options d'expédition et la gestion des retours.

Global-e (NASDAQ: GLBE) wurde von Victoria's Secret ausgewählt, um ihre internationalen E-Commerce-Operationen zu verbessern. Die Partnerschaft wird die Online-Präsenz von Victoria's Secret in wichtigen Märkten wie Kanada, Deutschland und Frankreich stärken und gleichzeitig lokalisierte Einkaufserlebnisse in über 100 Märkten weltweit ermöglichen.

Die Zusammenarbeit bietet den Kunden von Victoria's Secret Preise in lokaler Währung, verschiedene Zahlungsmöglichkeiten, garantierte Endkosten und verbesserte Lieferdienste. Die Plattform von Global-e bietet Lokalisierung in über 30 Sprachen, unterstützt über 100 Währungen und bietet über 150 lokale Zahlungsmethoden, einschließlich Steuerberechnung, Versandoptionen und Retourenmanagement.

Positive
  • Partnership with major retailer Victoria's Secret expands Global-e's enterprise client portfolio
  • Implementation in over 100 markets increases Global-e's global market presence
  • Immediate operational improvements achieved through efficient migration project
Negative
  • None.

Insights

This strategic partnership marks a significant expansion of Victoria's Secret's digital footprint, leveraging Global-e's sophisticated cross-border e-commerce infrastructure. The implementation will enhance operational efficiency in key markets like Canada, Germany and France while extending reach to over 100 new markets. The platform's comprehensive localization capabilities, including multi-currency pricing, diverse payment options and optimized logistics, address critical friction points in international e-commerce.

The deal strengthens Global-e's enterprise client portfolio and validates its market position in the cross-border e-commerce enablement space. With Victoria's Secret's substantial brand value and international appeal, this partnership could drive meaningful transaction volume through Global-e's platform, potentially impacting future revenue growth.

This partnership aligns with the growing trend of retail brands prioritizing international e-commerce expansion. Victoria's Secret, with its strong brand recognition, can now effectively tap into new markets while improving service in established territories. The implementation of localized shopping experiences, including local currency pricing and payment options, typically leads to higher conversion rates and reduced cart abandonment.

Global-e's extensive capabilities in over 30 languages and 100 currencies position them well to facilitate Victoria's Secret's international growth ambitions. The partnership demonstrates Global-e's ability to attract major retail brands, which could lead to increased market share in the competitive cross-border e-commerce solutions sector.

Global-e will support Victoria's Secret's key international markets and enable localized international D2C solutions to over 100 markets

NEW YORK, Dec. 17, 2024 /PRNewswire/ -- Global-e (Nasdaq: GLBE), the platform powering global direct-to-consumer e-commerce, announced today that they have been selected by Victoria's Secret & Co., a world-leading intimates retailer, to advance their international online operations.

With the support of Global-e, Victoria's Secret is now poised to bolster its e-commerce strategy in key international markets, namely, Canada and leading European markets such as Germany and France, with better insights, customer experience, logistics and flexibility.

In addition, partnering with Global-e has enabled Victoria's Secret to launch an end-to-end localized shopping experience in over 100 markets across the globe. This includes pricing and payment in the local currency, a variety of local and alternative payment options, guaranteed final cost of purchase, and an enhanced delivery proposition.

"We are thrilled to be chosen by Victoria's Secret and be part of their exciting new phase of international growth," said Matthew Merrilees, CEO North America for Global-e. "Our team expertly managed the migration project for Victoria's Secret, allowing the company to efficiently launch its enhanced international e-commerce setup and immediately benefit from new operational improvements. We look forward to working closely with Victoria's Secret and supporting their global D2C strategy, utilizing our experience and data-backed knowledge working with hundreds of leading global enterprise clients."

"We're excited to partner with Global-e to enhance our international e-commerce capabilities across both our key markets and new regions. We chose Global-e because of their leading technology platform, robust client management support, and deep insights drawn from the broadest client base in the industry," said Baptiste Marchis, VP of Digital International, Victoria's Secret.

Global-e's end-to-end global e-commerce platform provides brands with a robust solution designed to drive D2C e-commerce growth across multiple markets globally. Through its advanced localization capabilities, extensive global operations, and data-driven business intelligence models, Global-e simplifies global online selling and enables brands to offer digital consumers worldwide an optimal shopping experience, tailored to local market preferences. Global-e's platform supports localized welcome and checkout in over 30 languages, pricing in over 100 currencies, over 150 local and alternative payment methods, tax and duty calculation and pre-payment, multiple shipping options and easy returns.

About Global-e:

Global-e (Nasdaq: GLBE) is the world's leading platform enabling and accelerating global, Direct-To-Consumer e-commerce. The chosen partner of over 1,000 brands and retailers across the United States, EMEA and APAC, including iconic brands like Marc Jacobs, Adidas, Ralph Lauren, and Hugo Boss, Global-e makes selling internationally as simple as selling domestically. The company enables merchants to increase the conversion of international traffic into sales by offering online shoppers in over 200 destinations worldwide a seamless, localized shopping experience. Global-e's end-to-end ecommerce solutions combine best-in-class localization capabilities, big-data best-practice business intelligence models, streamlined international logistics and vast global e-commerce experience, enabling international shoppers to buy seamlessly online and retailers to sell to, and from, anywhere in the world. For more information, please visit: www.global-e.com.

Global-e Media Contact

Sarah Schloss
Headline Media
sarah.schloss@headline.media
+1 914 506 5104

Global-e Investor Contact

Erica Mannion or Mike Funari
Sapphire Investor Relations, LLC
IR@global-e.com
+1 617-542-6180

About Victoria's Secret & Co.

Victoria's Secret & Co. is a specialty retailer of modern, fashion-inspired collections including signature bras, panties, lingerie, casual sleepwear, athleisure and swim, as well as award-winning prestige fragrances and body care. VS&Co is comprised of market leading brands, Victoria's Secret and Victoria's Secret PINK, that share a common purpose of supporting women in all they do, and Adore Me, a technology-led, digital first innovative intimates brand serving women of all sizes and budgets at all phases of life. We are committed to empowering our approximately 30,000 associates across a global footprint of more than 1,380 retail stores in nearly 70 countries. We strive to provide the best products to help women express their confidence, sexiness and power and use our platform to celebrate the extraordinary diversity of women's experiences.

Cision View original content:https://www.prnewswire.com/news-releases/global-e-selected-by-victorias-secret-to-enhance-international-e-commerce-offering-302333760.html

SOURCE Global-e

FAQ

What markets will Global-e (GLBE) support for Victoria's Secret's e-commerce operations?

Global-e will support Victoria's Secret's e-commerce operations in key markets including Canada, Germany, and France, along with over 100 additional markets globally.

What features does Global-e (GLBE) provide for Victoria's Secret's international customers?

Global-e provides local currency pricing, multiple payment options, guaranteed final purchase costs, enhanced delivery services, and supports over 30 languages and 150 payment methods.

How many currencies and payment methods does Global-e (GLBE) support in this partnership?

Global-e supports pricing in over 100 currencies and offers more than 150 local and alternative payment methods.

What are the main benefits Victoria's Secret gains from the Global-e (GLBE) partnership?

Victoria's Secret gains enhanced international e-commerce capabilities, improved customer experience, better insights, improved logistics, increased flexibility, and localized shopping experiences across multiple markets.

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