(IN BRIEF) Riverty has partnered with eBay to introduce a new monthly invoice payment option, enhancing flexibility for consumers and streamlining transactions for sellers. This collaboration allows customers to consolidate payments for multiple purchases into a single monthly invoice, which … Read the full press release
Posted in Business, Financial, Germany, Government, Industrial, Internet & Online, Investment, Management, Marketing, News, Retail, Technology
Tagged Andreas Barth, Dr. Saskia Meier-Andrae, E-Commerce, eBay, Meier-Andrae, Monthly Invoice Payment, Riverty, USA
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has led a €6 million pre-series A investment round in the Estonian company Miros, marking its first venture capital investment in Estonia. This funding, which also involves Tera Ventures and … Read the full press release
Posted in Artificial Intelligence (AI), Banks, Business, Economy, Estonia, Financial, Government, Industrial, Internet & Online, Investment, Management, Marketing, News, Retail, Technology, United Kingdom
Tagged AI innovation, Aziza Zakhidova, E-Commerce, EBRD, Estonia, Heikki Haldre, investment, leadership, Miros, partnership, retail, Toomas Hendrik Ilves
(IN BRIEF) IKEA has opened its first UK high street restaurant in Hammersmith, allowing customers to enjoy popular Swedish dishes, including its famous meatballs, outside of a traditional IKEA store. Located beside the newly updated Hammersmith City Store, the restaurant … Read the full press release
(IN BRIEF) Skanska has been awarded a GBP 197 million contract by a joint venture of Grosvenor and Mitsui Fudosan UK to construct two new office buildings as part of the South Molton redevelopment in Mayfair, London. The project includes … Read the full press release
Posted in Business, Construction, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Retail, Sweden, United Kingdom
Tagged London, Mayfair, office, partnership, Retail Hub, Skanska, South Molton Development, sustainability
(IN BRIEF) H&M’s Holiday 2024 Collection, inspired by the 1960s and 1970s couture, brings a blend of timeless sophistication and contemporary flair. Featuring bold silhouettes in black and white with playful accents like sequins and crystals, the collection offers festive … Read the full press release
(IN BRIEF) Barclays has completed the acquisition of Tesco Bank’s retail banking business, including credit cards, loans, and deposits, now managed under Barclays UK. This acquisition, supported by a new 10-year partnership with Tesco, will enable Barclays to offer Tesco-branded … Read the full press release
Posted in Banks, Business, Economy, Financial, Industrial, Investment, Management, News, Retail, United Kingdom
Tagged acquisition, Barclays, C.S. Venkatakrishnan, credit cards, deposits, financial services, loans, partnership, retail business, Tesco Bank, Vim Maru
(IN BRIEF) Sainsbury’s has launched a festive Christmas advert featuring the beloved Big Friendly Giant (BFG) alongside a real-life colleague named Sophie. The heartwarming ad follows the BFG and Sophie as they explore Sainsbury’s Taste the Difference and holiday ranges, … Read the full press release
Posted in Business, Financial, Food & Beverage, Industrial, Investment, Management, Marketing, Media, News, Retail, United Kingdom
Tagged Big Friendly Giant (BFG), Christmas Ad, Emma Bisley, Festive Feast, holiday season, marketing, Sainsbury, Sophie, Stephen Fry
(IN BRIEF) Sainsbury’s has partnered with Comic Relief to provide over five million meals to families facing food poverty this winter. Throughout December, proceeds from the sale of Sainsbury’s and Free From mince pies will be donated to Comic Relief, … Read the full press release
Posted in Business, Environment, Financial, Food & Beverage, Industrial, Investment, Management, News, Non Profit, Retail, United Kingdom
Tagged charity, Comic Relief, donations, Families in Need, FareShare, holiday season, meals, partnership, Ruth Cranston, Sainsbury, Samir Patel, sustainability, WINTER
(IN BRIEF) Outlaw Parts Culture, a leading supplier of premium classic Volkswagen car parts, has launched its new online platform, offering a comprehensive destination for Volkswagen and Porsche enthusiasts. The store features over 10,000 carefully curated parts, including engine components, … Read the full press release
Posted in Automotive, Business, Portugal, Retail, Small Business
Tagged Beetle, body panels, Classic Car Parts, classic Volkswagen restoration, Engine Components, iconic vehicles, interior accessories, Karmann Ghia, online store, Outlaw Parts Culture, Porsche, Portuguese Startup, premium classic Volkswagen car parts, Rui Cruz, transmissions, Volkswagen, Volkswagen car parts, Volkswagen modification
(IN BRIEF) Ingka Centres has introduced a new consumer brand, Livli, aimed at transforming European destinations into lively, community-focused meeting places that go beyond traditional shopping. Livli Kungens Kurva in the Stockholm area is the first location to adopt the … Read the full press release
Posted in Apparel, Fashion & Beauty, Business, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, Netherlands, News, Retail, Sweden
Tagged Community-Focused Retail, Europe, IKEA, Ingka Centres, Leisure Destinations, Livli, partnership, Sebastian Hylving, shopping, sustainability, Sweden
(IN BRIEF) Imperva, a cybersecurity leader, warns that cybercriminals are increasingly using AI tools and Large Language Models (LLMs) to launch sophisticated attacks on eCommerce platforms ahead of the holiday shopping season. These AI-driven threats include business logic abuse, DDoS … Read the full press release
Posted in Artificial Intelligence (AI), Business, Denmark, Financial, France, Government, Industrial, Internet & Online, Investment, Management, News, Retail, Security & Safety, Technology
Tagged AI-Driven Cyberattacks, eCommerce, holiday, Imperva, Nanhi Singh, partnership, retailers, SECURITY, Shopping Season, Thales, USA
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has provided a $200 million loan to Turkish retailer A101 to support its sustainability efforts. The loan will help A101 reduce energy consumption, install solar panels, and expand its store … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Management, News, Retail, Turkey, United Kingdom
Tagged A101, Dilara Sarı, EBRD, Osman Yilmaz, partnership, retail, sustainability, Turkey, Wojtek Boniaszczuk
(IN BRIEF) IKEA and VINÇON are collaborating on an exhibition at Disseny Hub Barcelona, running until February 2025, which explores the shared vision of both brands to democratize design. Titled “100 IKEA Objects We Would Have Liked to Have Had … Read the full press release
Posted in Apparel, Fashion & Beauty, Art & Culture, Business, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, Media, Netherlands, News, Retail, Spain
Tagged Barcelona, Belén Frau, Democratic Design, Disseny Hub Barcelona (DHUB), exhibition, Fernando Amat, IKEA, Ingvar Kamprad, Juli Capella, partnership, sustainability, VINÇON
(IN BRIEF) Zalando has introduced an enhanced virtual fitting room that allows customers to create personalized 3D avatars using their own body measurements. This new feature, available in 14 European markets, enables shoppers to virtually try on Levi’s clothing, offering … Read the full press release
(IN BRIEF) On October 10, 2024, Unilever announced the successful sale of its Russian subsidiary to Arnest Group, a local manufacturer specializing in perfumes, cosmetics, and household products. This transaction encompasses Unilever’s entire operations in Russia, including its four production … Read the full press release
Posted in Apparel, Fashion & Beauty, Business, Commodities, Financial, Government, Industrial, Investment, Management, News, Retail, Science, Technology, United Kingdom
Tagged acquisition, Arnest Group, Hein Schumacher, partnership, RUSSIA, sustainability, Unilever
(IN BRIEF) A recent report by ABN AMRO reveals the significant impact of consumer goods production—specifically trainers, sofas, and smartphones—on global biodiversity, resulting in the destruction of wildlife habitats equivalent to nearly two-thirds the size of the Netherlands annually. The … Read the full press release
Posted in Banks, Business, Commodities, Economy, Environment, Financial, Industrial, Investment, Management, Netherlands, News, Retail, Technology
Tagged ABN Amro, biodiversity, Henk Hofstede, retail, smartphones, Sofas, sustainability, trainers
(IN BRIEF) H&M Move has launched its new Autumn/Winter 2024 rain collection, featuring stylish and affordable performance outerwear. Key pieces include StormMove™ overalls, relaxed-fit pants, and oversized ponchos, all designed with waterproof and windproof StormMove™ fabric. The collection offers both … Read the full press release
Posted in Apparel, Fashion & Beauty, Business, Financial, Industrial, Investment, Management, News, Retail, Sweden
Tagged Autumn/Winter 2024, H&M, Rain-Ready Activewear Collection
(IN BRIEF) H&M has launched “H&M Adorables,” a premium baby and kidswear line focused on high-quality materials and timeless designs that can be passed down through generations. The collection, which features cashmere, silk, Merino wool, and organic cotton, includes essentials … Read the full press release
Posted in Apparel, Fashion & Beauty, Business, Financial, Industrial, Investment, Management, News, Retail, Sweden
Tagged 'Adorables', Baby and Kidswear Line, H&M, Sofia Löfstedt
(IN BRIEF) Zalando has expanded its AI-powered fashion assistant across all 25 of its markets, now offering personalized fashion recommendations in local languages. This assistant, which integrates Zalando’s own models with OpenAI’s large language models, tailors advice based on factors … Read the full press release
Posted in Apparel, Fashion & Beauty, Artificial Intelligence (AI), Business, Financial, Germany, Government, Industrial, Internet & Online, Management, Netherlands, News, Poland, Retail, Switzerland, Technology, United Kingdom
Tagged AI Fashion Assistant, Amsterdam, London, partnership, Tian Su, Warsaw, Zalando, Zurich
(IN BRIEF) Germany’s consumer sentiment showed a slight improvement in September 2024, according to the latest GfK report. After a significant drop the previous month, income expectations and willingness to buy have increased, resulting in a modest rise in the … Read the full press release
Posted in Business, Commodities, Economy, Financial, Germany, Industrial, Investment, Management, News, Retail
Tagged consumer, economy, Financial, Germany, GfK, Rolf Bürkl
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