Beijing municipal officials said they would support companies developing artificial intelligence tools rivaling ChatGPT. [ChatGPT frenzy prompts China firms to seek home-grown ... - japantimes]
The Russian Council of Shopping Centres RCSC - Российский Совет Торговых Центров (РСТЦ) calls for immediate assistance from regional governors as the average number of visitors decreased by 20% in the first nine months of 2022 compared to the same period of the previous year. The association asks for tax breaks until September 2024. In September, footwear and clothing sales in Russia plummeted by 40% [Российский совет торговых центров разработал меры ... – Retail.ru]
According to @Reuters overall inventories increased 44% to $9.7 billion at the end of Nike's first quarter (65% in North America). The answer is to build closer relationships with its customers by offering digital services, says @voguebusiness: "Nike offers loyalty benefits to Zalando and JD Sports customers in exchange for data." For @globaldataplc Nike continues to focus on the Direct to Consumer (DTC) strategy. The paradigm for the athleisure market represented by Nike is described by the @SourcingJournal.
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