厂丑别颈苍鈥檚 UK revenues soar while the wait for IPO drags on: The fast-fashion retailer鈥檚 success has come at the expense of companies like Boohoo and Asos.
British retailers and consumers are feeling more optimistic about the economy: But shoppers鈥� price sensitivity will continue to weigh on sales growth.
Asos is working with Criteo to expand its retail media business: The retailer hopes that retail media revenues can help it navigate the challenging economic environment.
Shein and Temu鈥檚 spending was most notable in the UK and France. Shein increased spending in these regions by 35% MoM, while Temu increased spend by 20% and 40% MoM, respectively. UK advertising is contributing to a spike in app downloads. Shein downloads in the UK have increased 25% MoM, while Temu has more than doubled downloads.