Breaking News
In response to US tariff policy, Temu and Shein are turning to Europe. They are increasing their advertising spending in Germany, Italy, Spain, France, and the UK – in some cases by 35 to 40%. This is putting even more pressure on retailers such as Zara and H&M. Temu has also suspended direct deliveries from China to US consumers. Reuters (advertising) BBC (US stop)
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Amazon is also responding to pressure from the tariff dispute and adjusting its vendor program. New are local customer service teams in China, expansion of the Global Imports Program, improved communication – but also stricter standards. LinkedIn
Six months after its launch in the US, Amazon Haul has now been launched in the UK. Amazon expert Malte Karstan also expects it to launch soon in Germany, as he told us in our recent podcast episode. Ecommercenews
Major change to Amazon product titles: For the first time, titles will now be split into two lines – one line for the product description and one for marketing statements. PPC
In Q1, Zalando achieved an increase in revenue of just under 8% to €2.42 billion, while GMV rose by 6.5% to €3.5 billion. At just under €10 million, earnings after taxes were also positive. Zalando is maintaining its forecast for 2025. Reuters
About You closed the 2024/2025 fiscal year with strong results in all segments and revenue of over €2 billion. The proceeds are not yet included in Zalando’s figures; the acquisition is expected to be completed in the summer. Wallstreet-Online
The furniture marketplace Wayfair continues to struggle with stagnating sales in Q1 and a shrinking customer base. RetailDive
Award News
For the eighth time, eBay is honoring online retailers who have achieved success through innovative ideas, entrepreneurial passion, or social commitment. We are delighted that Ingrid has been selected to be part of the jury for the fourth time and will be reviewing the submissions. CE-Markt
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