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EU Retail Loses Share of Private Consumption, NIQ Report

A NielsenIQ (NIQ) report finds that EU purchasing power per capita rose nominally by 3.3% in 2025 to €22,425, while retail sales in the EU grew only 2.1%, slowing from previous years. Total available funds across the 27 EU states reached roughly €10.1 trillion. The share of private consumption spent in retail fell to 31.9% in 2025, with Germany the lowest at 22.2% and Croatia the highest at 48.3%. Retail sales growth varied widely across markets (Norway +13.1%, Lithuania +10.5%, Sweden +8.9%, Bulgaria +8.2%, Slovakia +8.0%); the UK saw a -0.6% decline. Average EU inflation dropped to 2.5% in 2025 but NIQ expects inflation to rise to about 3.1% in 2026, which could keep pressure on retailers as consumers shift spending toward services, travel and leisure.

• NielsenIQ (NIQ) reports average purchasing power per EU inhabitant rose 3.3% in 2025 to €22,425.
• Total available consumer funds across the 27 EU states were approximately €10.1 trillion in 2025.
• EU retail sales grew 2.1% in 2025, slower than the 3.3% gain in purchasing power.

PDD Holdings Grows, Investments Weigh on Profit

PDD Holdings, parent of Temu and Pinduoduo, reported second-quarter 2026 results showing revenue growth but lower net profit due to higher investments. Q2 revenue rose 8% year-on-year to RMB 112.4 billion, driven by transaction services, while net income attributable to shareholders fell 12% to RMB 27.2 billion. Operating expenses increased as the company expanded spending on merchant subsidies, marketing, compliance, and platform development. PDD retains a strong liquidity position with RMB 456.4 billion in cash, cash equivalents and short-term investments and positive operating cash flow, and management says it prioritizes long-term platform-building over short-term profit maximization amid a complex regulatory environment.

• PDD Holdings reported Q2 2026 revenue of RMB 112.4 billion (approx. USD 16.6 billion), up 8% year-on-year.
• Net income attributable to shareholders fell 12% to RMB 27.2 billion in Q2 2026.
• Transaction services revenue increased 13% to RMB 54.7 billion; online marketing and other services generated RMB 57.6 billion.

Pitch us your next photoshoot

Unsplash is inviting photographers to pitch their next photoshoot idea, as announced in a new blog post by Kelsey Bryant.

Women athletes embrace creator playbook for income and growth

Women athletes are increasingly adopting creator strategies to supplement income and build their personal brands, driven by the growth of women's sports yet persistent pay gaps. Companies like Togethxr, co-founded by athletes, offer programs such as the Snap the Gap cohort with Snapchat, providing production resources and mentorship. Participants, including soccer player Michelle Alozie and gymnast Kyrstina Johnson, saw significant follower growth on Snapchat. This creator approach not only supports athletes during their careers but also prepares them for life after sports. The trend is supported by rising viewership and revenue in women's sports, with leagues like the PWHL and NWSL reporting increased YouTube engagement. Athletes also leverage social media to secure non-sport brand partnerships, as exemplified by Sarah Nurse's beauty content.

• Togethxr's Snap the Gap cohort with Snapchat helped seven women athletes grow their Snapchat audiences; Michelle Alozie grew 61% to 204,000 followers.
• Elite women's sports are projected to reach $3 billion in revenue in 2026, a 25% increase year-over-year (Deloitte).
• The PWHL reported a 77% year-over-year increase in YouTube viewership, and the NWSL reported 42%.

EU Plans Social Media Ban for Under-13s

The European Commission, led by Ursula von der Leyen, is proposing regulations to ban children under 13 from major social media platforms like TikTok, Instagram, and Snapchat, with stricter age verification. The plan, to be formally presented soon, includes a gradual approach: 13-15 year olds would have supervised 'mini-accounts' limited to one hour daily, with full accounts allowed from age 15. Platforms must implement safer designs, such as preventing endless scrolling or autoplay videos, and face mandates on child safety certifications, default private accounts for minors, and restrictions on live streaming. German officials support the initiative, but experts highlight challenges in implementation and enforcement, including potential circumvention, impacts on fundamental rights, and competitive disadvantages for new platforms. The proposal requires approval from the European Parliament and member states, a process that may take months or years.

• EU Commission proposes banning children under 13 from social media platforms like TikTok, Instagram, and Snapchat.
• 13-15 year olds would have supervised 'mini-accounts' limited to one hour daily; full accounts only from age 15.
• Proposal includes requirements for safer design features, such as preventing endless scrolling and auto-play videos, plus bans on addictive designs.

Snapchat launches Commerce Power Pack with dynamic product ads

Snap Inc. has introduced the Commerce Power Pack, a suite of four new commerce tools for advertisers, ahead of the Black Friday and Christmas shopping season. The tools include Dynamic Product Ads in Sponsored Snaps, Value Optimization, Third Party Web Optimization, and Omnichannel Optimization. Dynamic Product Ads use AI-driven recommendations to showcase catalog products in chat. Value Optimization targets higher-value purchases, currently in beta. Third Party Web Optimization allows campaigns to optimize against external measurement partners like Google Analytics and Northbeam, showing significant performance gains in tests. Omnichannel Optimization, in alpha, enables simultaneous optimization of web and app conversions. Early results from Northbeam customers show a 20% reduction in customer acquisition costs on Snapchat.

• Snap launched four commerce tools: Dynamic Product Ads in Sponsored Snaps, Value Optimization, Third Party Web Optimization, and Omnichannel Optimization.
• Dynamic Product Ads are available globally, while Value Optimization is in beta and Omnichannel Optimization is in alpha.
• In internal tests, Dynamic Product Ads optimized for 'Pixel Purchase' improved 7-day CPA by 22%.