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News, trends, video interviews, podcasts and articles from industry experts.
OpenAI is building a payment system so people can buy stuff directly through ChatGPT without leaving the chat. According to Reuters reports, merchants will pay the AI company commissions on sales. It’s a new way to make money after losing $5 billion last year despite hitting $10 billion in revenue.
A Dutch payment company just launched in Hungary, Slovenia, and the Czech Republic. They’re bringing their payment platform to markets where they see business opportunities. With 250,000 customers already, Mollie wants to expand across Europe.
New data shows a huge gap in European fashion retail. Shein’s sales grew 31.6% annually and hit 48% in December alone. Meanwhile, established brands like H&M stayed flat, and ASOS crashed 16.2%. The numbers show which brands are winning the battle for European customers.
Every day, 12 million small packages flood into Europe from non-EU online stores. Most are deliberately undervalued to dodge taxes, and many contain unsafe products. Now the European Parliament wants to change the game with new rules that could reshape how we shop online.
The numbers are staggering. A new study of 24,000 shoppers worldwide reveals that 70% expect to do most of their shopping on social media by 2030. That means the Amazon-style e-commerce sites that dominate today could become relics within five years. The social shopping revolution isn’t coming – it’s already here.
The European Commission is preparing historically strict measures against waste in the fashion industry. From 2026, brands will have to prove they have no other option than destroying unsold clothing. A new era begins for fashion giants – the end of quietly disposing of inventory.
Police have arrested four people aged 17-20 in connection with devastating cyberattacks that brought major UK retailers to their knees. The suspects face charges including blackmail, money laundering, and participating in organised crime.
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