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Shein's Price Hike, Adults Driving Toy Sales, TikTok's Visual Search
Manage episode 423502270 series 3525932
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Welcome to Omni Talk's Retail Daily Minute, sponsored by Ownit AI and Mirakl. Ownit AI helps brands and retailers win Google search by answering their shopper's questions online. Learn more at ownit.co. Mirakl is the global leader in platform business innovation for eCommerce. Companies like Macy’s, Nordstrom, and Kroger use Mirakl to build disruptive growth and profitability through marketplace, dropship, and retail media. For more, visit mirakl.com
Here are today's top headlines:
- Shein, the fast fashion giant, has strategically increased prices on core products ahead of its anticipated IPO.
- Adults have surpassed preschoolers in toy purchases, contributing over $1.5 billion in sales in Q1.
- TikTok has launched image search capabilities within TikTok Shop, enabling users to find similar products by uploading or taking photos.
Stay informed with Omni Talk's Retail Daily Minute, your source for the latest and most important retail insights. Be careful out there!
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