Month: May 2022

Turbulent times for household technology trade – Asian online stores cause wariness

The Finnish Commerce Federation research* found that Finnish people shopping for household technology most often turn to Gigantti, Prisma and Power stores and the Verkkokauppa.com online store. At the tail end of last year, the sales of household technology began to plummet from the high numbers bolstered by the pandemic, and the decline could continue for a long time to come due to logistical problems, COVID-19 lockdowns in China and component shortage. Finns are reluctant to buy used electronics, but this trend may change in coming years.

Commerce supports European rules for corporate sustainability due diligence – yet a number of issues still require resolving

The Finnish Commerce Federation and its members are focused on advancing corporate responsibility in their own activities. In principle, the Finnish Commerce Federation welcomes the Commission’s proposal for a Directive on corporate sustainability due diligence. Although the promotion of corporate responsibility is a global challenge, which would require primarily global solutions, the Directive should help … Continued