Latest news with #DedaStealth
Yahoo
13-05-2025
- Business
- Yahoo
Amazon's Latest AI Feature Allows Sellers to Upgrade Old Listings
Amazon just keeps upgrading sellers' experience with artificial intelligence. The e-commerce giant announced Thursday it had launched a new tool to aid the seller experience. Called Enhance My Listing, the tool allows Amazon sellers to upgrade existing listings with AI. More from Sourcing Journal Deda Stealth CEO Explains Why Tariffs Made This Year the Right Time for U.S. Expansion Byte-Sized AI: Visa and Mastercard Link With AI Giants on Promise of Agentic Amazon CEO: Tariffs Haven't Brought Down Amazon has already released a variety of tools to aid seller experience; currently, sellers can create an optimized listing for a new offering on the marketplace with a few simple inputs. The company said that more than 900,000 of its sellers have used its generative AI-powered listing tool; according to the e-commerce company, sellers use what the tools spits out without making major edits 90 percent of the time. Still, sellers made it clear that, while the AI-powered, from-scratch listings are helpful, they also had an interest in using AI-powered systems to update longer-standing product listings based on seasonal trends, upcoming holidays or otherwise. 'Selling partners update their listings from time to time to ensure they are relevant, reflective seasonal trends, and appeal best to buyers. They've told us these updates can sometimes require substantial effort, so we wanted to simplify this process for them,' Mary Beth Westmoreland, vice president of worldwide selling partner experience, wrote in a company blog. Amazon powers Enhance My Listing with Bedrock, which enables the company to build generative AI tools and layers more efficiently. The company noted that its new technology can help sellers create 'timely, relevant recommendations for product titles, attributes, descriptions and missing details, saving [them] from having to take on that research themselves.' So, for instance, if a seller has previously—without the influence of AI—listed a pair of waterproof boots, but failed to mention that they serve consumers well for snowy weather, the tool may be able to help them refine the product description to attract an increased number of buyers. Alternatively, if a seller has listed an item that matches consumers' searches around specific holidays—Valentine's Day, for instance—Enhance My Listing might temporarily change the product's title to garner more search traffic. Amazon said Enhance My Listing 'has begun rolling out to select U.S. sellers, with expanded availability planned in the U.S. in the coming weeks.' In the meantime, the company has also been working to upgrade some of its other seller-facing technologies, like Project Amelia, which will soon be able to provide specific recommendations and insights based on specific problems sellers face. Westmoreland said the genesis of technology allows the company to give sellers the best chance to perform well on its marketplace. 'These impactful new tools are the latest examples of how Amazon is leveraging generative AI to transform nearly every experience we know—including how we support independent sellers in creating thriving businesses by selling in our store,' she wrote in the blog. 'We're super excited about the innovation and value that these new offerings provide for sellers, and we will continue to develop additional, innovative AI tools to further enhance the success of Amazon's selling partners.'
Yahoo
09-05-2025
- Business
- Yahoo
Deda Stealth CEO Explains Why Tariffs Made This Year the Right Time for U.S. Expansion
Deda Stealth wants in on the U.S. market. Tariffs are helping its game. The firm, which helps 70 percent of the Italian luxury market manage their supply chains, announced in March that it had acquired Competitoor, an AI-powered price comparison tool that allows brands to better understand their competitors' price strategies and adjust accordingly. More from Sourcing Journal Amazon's Latest AI Feature Allows Sellers to Upgrade Old Listings Maersk Cuts 2025 Container Outlook: China Capacity 'Not Available Elsewhere' White House Announces 'Breakthrough' UK Trade Deal With that acquisition Deda Stealth has also elected to move into a new market: the United States. Luca Tonello, Deda Stealth's CEO, said the company has already seen interest from some of its European clients in expanding their retail footprint in the states, a task he believes the company is up for supporting. But it will also look to onboard new customers, in part by leveraging Competitoor in a time when brands and retailers remain vigilant about their pricing plans because of tariffs, a pessimistic consumer and general economic uncertainty in the U.S. market. Tonello said those considerations made now the perfect time for Deda Stealth to expand its horizons with Competitoor. 'With the tariff war and the prices that are changing so quickly, it's really important to have the pricing monitoring of your price and the competitor's price…in order to have some fresh information and be reactive on what are the market values,' he said. Because Deda Stealth focuses on luxury clients, Tonello said he expects to see the most interest in its Competitoor offering from mid-level luxury players. 'High-end [luxury] doesn't care about the competitor's pricing, because they want to be the exclusive luxury enterprise,' he said. 'For the medium-sized company, you have to be reactive based on market, because selling in Korea is different than selling in the U.S., and you have the same brand, but in a different market…so the monitoring [has to] not only be specific on the price of your country, but also of your brand on the other country in order to decide a better pricing strategy.' Some of Deda Stealth's longer-standing products, including Stealth AI—formerly known as Planning Tool—which is an allocation and assortment-planning tool that leverages real-time data for decisioning, are also available to U.S. companies onboarding with Stealth. In 2022, Deda Stealth also acquired Bsamply, which connects raw material suppliers to fashion and apparel companies. Those tools, he said, remain an important piece of the company's expansion to New York; they allow Deda Stealth to provide AI-powered support to customers re-considering their inventory and allocation strategies. ` Tonello said for the Stealth AI and Bsamply products, he believes it will be most effective to begin by targeting companies that have an annual turnover of between $100 million and $2 billion. Those companies, he noted, are more likely to be operating on legacy technology that could benefit from an upgrade. Just as Deda Stealth has done in Italy, it will focus on high and mid-level luxury brands. 'We manage the inventory of the goods, wherever it is, from production up to the retail. And this is a value because having the stock inside one system makes you run some optimization regarding allocation, regarding retail planning and so on,' he explained. And, like Competitoor, Tonello sees Stealth AI benefitting U.S. luxury brands as they navigate tariffs; though President Donald Trump has paused his 'Liberation Day' tariffs on countries outside of China, it remains to be seen which countries will be slapped with high duty rates come the end of the pause. In Tonello's opinion, it's better than brands start 'Stealth AI will help people [with] minimizing the stock, maximizing the revenue, and especially now with the tariffs…if you have to restock, it's important that you take care of the tariff, and so you [need to] have the right tool that [can] make you simulations on how to move the good wherever in the world,' he noted. Tonello said he hopes to see 30 U.S. brands adopting the Competitoor system annually, and that he hopes to bring three to five clients onto the Deda Stealth system—which includes Stealth AI and Bsamply—in 2025. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
09-05-2025
- Business
- Yahoo
Tariffs Tank China's US Exports, but Southeast Asia and India Cash In
China's exports are bifurcating heavily in the wake of U.S.-levied tariffs that escalated to 145 percent since the start of April. Shipments of Chinese goods to the U.S. dropped 21 percent throughout the month to $33 billion, according to monthly official customs data from China. More from Sourcing Journal Deda Stealth CEO Explains Why Tariffs Made This Year the Right Time for U.S. Expansion India-Pakistan Port Bans Trigger Delays, Rate Hikes and Capacity Crunch Maersk Cuts 2025 Container Outlook: China Capacity 'Not Available Elsewhere' But total exports out of the country still rose 8.1 percent for the year to $315.7 billion, buoyed heavily by a 20.8 percent increase to the 10 countries comprising the Association of Southeast Asian Nations (ASEAN). These markets include trading partners like Vietnam, Indonesia, Malaysia and Thailand. The ASEAN markets collectively took in $60.4 billion in Chinese goods. Vietnam imported $17.2 billion from China in April, according to the data, marking a 22.5 percent jump. China's relationship with Vietnam, in particular, has been under U.S. scrutiny as exports to the southeast Asian country accelerate. This coincides with Vietnam's 34 percent increase in exports to the U.S. during the month, with Washington accusing Chinese companies of using the country as a transshipment hub to move its own goods to the U.S. without paying duties. Vietnam reportedly issued a directive to crack down on illegal transshipments in response. Another major market picked up the slack left from the U.S.-China decoupling. Chinese exports to India totaled $11.2 billion, a significant boost of 21.7 percent from the year prior. Additionally, exports to the European Union were up 8.3 percent to $46.7 billion. Nevertheless, Chinese exports worldwide saw softer growth from the month prior amid the U.S. trade war, with outbound shipments rising 12.4 percent in March. However, the April results did surpass some expectations of a bigger collapse. Reuters polls estimated that China would see just a 1.9 percent increase in exports worldwide, well off the 8.1 percent total. 'Since the beginning of this year, all regions and departments have worked together to effectively respond to external shocks, promote the continuous recovery of China's economy and continue the steady growth of foreign trade,' Lv Daliang, director of the statistics department at the General Administration of Customs, told state broadcaster CCTV. The numbers come ahead of the first anticipated meeting between representatives from China and the U.S. since President Donald Trump first launched 'Liberation Day' duties on April 2. Treasury Secretary Scott Bessent and U.S. Trade Representative Jamieson Greer are set to meet with Chinese Vice Premier He Lifeng in Switzerland over the weekend in what could be the first round of a potential de-escalation. On Friday morning, President Trump suggested in a Truth Social post that he was open to lowering the tariff number again. '80% Tariff on China seems right! Up to Scott B,' he said in the post. In the month after Liberation Day, both countries retaliated to the 34-percent added tariff imposed by Trump in a back and forth which ended up with China tariffing U.S. imports at a 125-percent rate, and the U.S. settling on 145 percent. Both countries have tried to blunt some of the economic impact by granting exemptions on select product categories. And for China, the country unveiled sweeping measures this week to counter the tariffs, including cutting interest rates to bolster economic growth. Economists at investment bank Nomura estimate that around 2.2 percent of China's gross domestic product is directly affected by tariffs. If exports would halve, that would be China could lose 1.1 percent of its GDP. 'The actual loss will be larger as the shock ripples through to other sectors, especially the services sectors that facilitate merchandise exports,' the bank wrote in a recent research note. For China, the slowdown in exports followed weeks of reports indicating that cargo on the trans-Pacific trade lane was slowing down both ahead of, and after, the implementation of Trump's tariffs. Apparel companies had cancelled import bookings by as much as 59 percent ahead of the Liberation Day levies. In the days after, cancellations and postponements had become more commonplace for goods out of China across industries due to the uncertainty over the cost increases. Amazon had reportedly cancelled orders out of China in a move that impacted its first-party vendors, while Five Below asked vendors to suspend products exiting the country. Maersk estimated Thursday that China-to-U.S. trade volumes had dropped in the range of 30 percent to 40 percent throughout April, following suit from a parallel 30-percent cancellation rated reported by Hapag-Lloyd. The dip is so drastic for the global trade ecosystem that Maersk revised its global container outlook for the year. Instead of its prior projection that volumes would increase 4 percent, Maersk now believes it can be anywhere from a 4 percent increase to a contraction of 1 percent—mirroring a similar expectation of a 1 percent global decline from maritime supply chain advisory Drewry. The decline in Chinese exports is forecast to strain activity at U.S. ports for the foreseeable future. According to the Global Port Tracker from the National Retail Federation and Hackett Associates, imports at major American ports are expected to be down at least 20 percent year over year from June into this fall, and volume for all of 2025 could be down by more than 10 percent.
