Welcome to the V Spot ! Your home for the ecomm nearly news. Alot of AI used in this epsiode. Spot it? So no matter where you aer in the world today it seems there is conference hangovers. And not the good kind. Yep, Q4 is shaping up to be a tough one. But while you were out enjoying the life on the road alot happened. Let’s do the news.And lets not forget its Friday, so expect another Trump Tariff. Whose category is it gonna be today? Or will he be too buy with the Ryder Cup.
Let’s do the news.
Build-a-Bear Workshop continues to see record revenue and growth despite macroeconomic headwinds. Onlookers attribute much of the brand’s resilience to nostalgia and extensive diversification strategies. That and a strong workers union in the Bear community that no one wants to mess with.
Pattern Group, a notable reseller on Amazon’s platform, debuted on the NASDAQ at $13.50 per share, having raised ~$300 million for the company and investors via its IPO . Expect this to be trading at less than $1 in 12 months time. More when it happens.
Instagram now has 3 billion monthly active users, Meta CEO Mark Zuckerberg said Wednesday. It has taken less than 3 years to add another billion users. Even with these impressive numbers and highly paid AI engineers Zuck still has not yet cracked how to make sunglasses look cool.
WARC told us this week that total global ad spend is going to hit $1.17Trillion Dollars in full year guidance. In the AMA session it was established that AMA stood for Amazon, Meta and Alphabet who will take over half this number. When pressed on retail media being a land grand, the AMA session was declared to be over.
Young Chang left a comfortable career as a tech consultant at Disney to bring his dream business to life - A-Sha Foods. A taiwanese noodle brand which he brought to the US. Follow his storty on Business insider to see if it was worth it or do we find Young and his Noodles in hot water.
Finally, Amazon this week reached a settlement of $2.5B over allegations that it misled prime users. $2.5 B or 33 hours of revenue put another way. No admission was passed over in this case and details are fuzzy. But it is generally understood that Prime was misleading users into thinking its original content programming from Amazon Studios was worth the investment.
That was the week happening around you while conference stands were being taken down. Just think when you started the week you thought 2 tylenol would solve all of your conference woes - what a difference a week makes.
Big thanks to Omnisend, the email + SMS platform for sponsoring this business we call show. They were in Toronto last week on tour to meet their new partners. They went door to door of their new partners offering a turn down bed service or breakfast in bed. Led by Tadas Čiuberkis . What a showman, What a service. No job too small. That’s OMnisend.
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