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The lockdown has made it abundantly clear to the textile retailers how dangerous it is to establish omnichannel strategies only half-heartedly or not at all. Zara owner Inditex had to report losses for the first time in the company’s history. Now the textile company is reacting with an investment of 2.7 billion Euros in technology. Inditex’s declared goal: to combine…

In addition to new tax law requirements, the temporary reduction in value-added tax poses major challenges for the retail trade in Germany With the temporary reduction of the value-added tax, the German government wants to stimulate the economy. However, this will create a gigantic expense for the retail trade in Germany, which is probably out of all proportion to the…

With immediate effect, both retail companies and their technology partners can submit applications for Reta Europe 2021.