Month: November 2023

Reports show Temu is growing faster than even its owners expected, but it’s still losing money and straining its logistics as it tries to compete with Shein, TikTok, and Amazon.

Albany moves to bar nearly all non-compete employee agreements.

The US government is reportedly willing to suspend criminal charges against crypto exchange Binance, provided it steps into line—and pays $4 billion.

If Musk can muzzle it, and X can improve brand safety, CEO Linda Yaccarino will at least have a fighting chance to fix X’s ad business.

The agency will handle media planning, buying, and audience strategy across North America and Western Europe for the client. Initial media will run in the U.S., Canada, U.K., and Germany.

That’s the first line in a just-released global trends report from Ipsos. It’s also the first time I ever received a press pitch using the term, but it seems especially apt as we head into what will
be the bumpiest political news cycle in the history of bumpy news cycles.

The lawsuit claims that the watchdog Media Matters for America manipulated the site’s algorithm to drive advertisers away.

Losses in the Americas will outpace gains in Asia Pacific and Europe, says Ampere Analysis.

Esta historia fue reportada por primera vez en Modern Retail una publicación hermana de Digiday en Español.

Los clientes están lejos de dar la patada a Ugg.

Según los últimos resultados de la empresa matriz Deckers, las ventas de Ugg en el segundo trimestre ascendieron a 610,5 millones de dólares, un salto del 28,1% interanual y casi el 56% de las ventas totales de Deckers. Mientras tanto, en el sitio de reventa StockX, Ugg está en camino de establecer un récord comercial histórico en 2023. Sigue siendo la marca de más rápido crecimiento en la categoría ‘zapatos’ de StockX, y las búsquedas de “Ugg Tasman” y “Ugg Tazz” han subido un 2.340% y un 1.340%, respectivamente, en el último año. Incluso las imitaciones de Ugg están despegando en plataformas como Amazon y TikTok Shop.

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Overall consumer video spend rose 2% in Q3, but streaming gains were at the expense of cable and satellite, reports the analyst.