Sephora creates Global Chief Digital Officer position signaling focus on driving digital transformation

Key Signals in Retail and Consumer Goods

Digi-Key signs global distribution deal with SPARK Microsystems  
The company will offer ultra-low power wireless communications for high-performance personal area networks and IoT-connected devices. The SPARK family of products will enable next-generation wireless products such as AR/VR, audio, gaming, and IoT sensors. Read More>>
Tractor Supply partners with Software AG Integration Solutions  
Software AGs Integration and API Management allow Tractor Supply’s customers to make purchases faster through advanced mobile solutions. In addition, Software AG’s solutions boost operational excellence by connecting the supply chain from supplier to customer. Read More>>
Alibaba’s cutting−edge technology helps to bring people closer together at Beijing 2022
Worldwide Olympic Partner Alibaba has launched an innovative cloud-based technology, Cloud Me, that uses true-to-life reality to help bring people closer together at the Olympic Winter Games Beijing 2022. Read More>>
Jumia Ghana inks partnership with smart locker provider LocQar  
The new partnership emphasizes Jumia’s commitment to making the everyday life of Ghanaians easier and better through e-commerce by leveraging its technology alongside that of other stakeholders in the industry. Read More>>
Mergers and Acquisitions
Vontier acquires Israel’s Driivz to accelerate its e-mobility strategy   
Driivz is a leading end-to-end software supplier to electric vehicle operators and major service providers addressing the needs of the plug-in EV market ecosystem. Vontier aims to incorporate Driivz’s resources and technical capabilities to expand upon its solutions for electric mobility and overall strategies for sustainable transportation. Read More>>
Executive Movement
Sephora creates Global Chief Digital Officer position 
PARIS Sephora has named Marc Abergel as Global Chief Digital Officer. The seasoned executive joins the prestige beauty retailers global leadership team and reports to Martin Brok, President and Chief Executive Officer of Sephora. Read More>>

Latest Industry Insights from Draup Braindesk

  • Walmart partnered with BigCommerce to scale the number of products across various categories, including apparel, home goods, consumables, and hardlines 
  • Amazon partnered with Affirm for buy now, pay later to certain Amazon customers with split purchases of USD 50 or more into smaller, monthly installments 
  • Kroger Collaborates with KNAPP to Modernize and Expand Great Lakes Distribution Center and facility is been renovated to add modern state-of-the-art technology to improve efficiency in replenishing stores, enabling to quickly deliver fresh food to customers 
  • Carrefour has announced that it has expanded its partnership with Pickup, a subsidiary of the La Poste group.  


Key Funding Alert

Ikea invests INR 850 Crore in India unit to grow biz  
Ikea has invested an additional ₹850 crore in its Indian unit as part of its strategy to deepen its presence in this growing market. This new infusion will support Ikea’s omni-channel expansion plans in India & enable them to reach many more people in India for their life at home needs with Ikea’s affordable and sustainable products. Read More>>

Startup Spotlight

Company – Tango Eye
Total Funding – USD 1.17 Mn
Year of Inception – 2018
HQ Location – Chennai Area, India
About: Tango Eye provides actionable insights by leveraging artificial intelligence and advanced real-time analytics. Retail Video Analytics SaaS products help retailers understand the customer journeys, improve employee productivity, enforce safety security standards. Read More>>
Latest Reports Published in Draup
CK Hutchison Holdings Limited – Account Intelligence Report: CK Hutchison Holdings Limited initiatives focuses on Telecom mobile apps, Automated Guided Vehicles to enhance customer services and business. Through this model, CK Hutchison Holdings Limited will position its future goals in enhancing their capabilities across digital offerings. Read More>>

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