With Marondo Capital, SPH AG has gained a financially strong partner for further growth. The innovative financial investor Marondo Capital is taking over the majority shareholding of the founder Peter Hartmann, who left the operational management back in 2014. Together with the company's proven management team, the partners aim to strengthen the company with new capital and develop it into the leading digitization expert for the fashion, sports and lifestyle industry.
It is no longer a secret that e-commerce has fundamentally changed the way retailers work. Customers are becoming more demanding and expect more flexibility and comfort. This poses a challenge for brick-and-mortar retail. To remain competitive, retailers need to adapt to the digital age and create new customer experiences in order to inspire customers' desire to purchase more in-store again.
Social commerce has seen a huge upsurge in the last year or two as consumer demand for online experiences has soared in times of store closures. Especially in Asian markets, this concept works very well, not least because it has a temporary character. What are the opportunities for European fashion retailers?
Metaverse is a (now no longer) new term that is on everyone's lips and yet for many it is still a closed book. What is the metaverse and what are the possible applications for the fashion industry?