This might not be the best place to post this, but it’s the most popular thread! I was wondering if anyone could just mention some major commercial trends right now? I know that’s a big ask, but I’m trying to consolidate my general commercial awareness and I wanted to make sure I wasn’t missing anything major
examples of what I’m on about haha:
There has been a decrease in demand for physical retail stores due to the pandemic, but an increase in demand for online retail at the same time, with ASOS and Boohoo buying parts of Arcadia and Debenhams respectively.
Due to the electric goals from the EU and also the UK, carmakers have been focusing their efforts to electric vehicles, with many of them setting targets for when all their models will be at least partly electric, like JLR, GM, Ford, but the manufacturer of Mercedes has not done this, as their combustion engine is their main source of income and they claim that they need this in order to fund their electric ventures
(one last example - sorry for how long this post is!)
Big Tech firms have been facing major problems, including issues with the Australian government, who want them to pay news outlets to advertise their news. Also, India has implemented new rules for social media companies after Twitter refused to help hand over social media influencers who were supporting the farmers during the farmers protests. These new rules mean that social media companies must cooperate with the Indian government in similar situations.
I’d appreciate any help - thank you!!
