A recent report by analysis firm Credit Suisse predicted that Inditex, the Spanish multinational that owns the Zara brand, would end up selling its garments on Zalando, a German marketplace. The report foresaw that the same would happen with another important European textile giant, H&M. It would be, according to Credit Suisse, not only a logical step but also a necessary one in the face of how rapidly physical commerce is evolving, which is in a sharp decline that has been accelerated by the pandemic.
Read moreMonth: February 2021
Data Governance Act: Europe moves towards a sovereign data market
The Data Governance Act being prepared by the European Commission is a key element in creating a single data market aligned with European Union values and principles. It’s obvious the EU starts with a disadvantage in this area, but the technological developments still to come, in which the roll out of 5G and the Internet of Things will play a key role, make it clear there is still a long way to go, especially in the industrial field.
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