New Economic Realities // May 27, 2023
GNReport Rundown: Apparel sales rebound, Meta’s EU lawsuit & TikTok Shop’s traction in Southeast Asia
Subscribe: Apple Podcasts • Spotify
Every week on the GNReport Rundown, we analyze the most important news within the retail world.
This week’s episode begins with a discussion about why retailers like URBN and Kohl’s are thriving while other apparel players are struggling at the moment. Next is an overview of Meta’s record $1.3 billion privacy lawsuit filed by European Union regulators, as a means to crack down on Facebook’s user data sharing. Lastly, we talk about how TikTok Shop is generating buzz among live commerce audiences in Southeast Asia.
The GNReport Rundown is released every Saturday morning.