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EuroCommerce

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uuid000bibd

Namestring
EuroCommerce
Legal namestring
EuroCommerce AISBL
Websiteurl
eurocommerce.eu
Company typeenum
Private
Founded yearint
1995
Descriptiontext

EuroCommerce is the principal European trade association representing the retail and wholesale sector, headquartered in Brussels and registered as an AISBL under Belgian law. Founded around 1993-1995, it serves as the unified voice for approximately 5 million businesses — of which 99% are SMEs — and 26 million workers across the EU, a sector accounting for roughly 10% of EU GDP. Its membership base includes major European enterprises (Amazon, H&M, Inditex, IKEA, Zalando) accessed through national retail and wholesale associations, and it maintains formal standing to engage the European Commission, Parliament, and Council on policy matters ranging from the Single Market and AI Act to packaging waste and payments regulation.

The organization's core 'products' are research, events, advocacy campaigns, and awards rather than technology. Flagship offerings include the annual State of Grocery Retail Europe report (co-developed with McKinsey & Company and Europanel, covering 14 countries), the European Commerce Awards, and recurring events such as Payments Day, Wholesale Day, and the Future of Retail Summit (held in partnership with the Financial Times). Active advocacy campaigns include #SingleMarket4All, #Compliance4All, and the Level Playing Field Initiative targeting third-country traders. The organization also publishes thematic reports on AI, textiles value chains, non-grocery retail, and supply chain initiatives. No proprietary technology platform, API, SDK, or software product is offered.

EuroCommerce operates as a membership-based, non-profit trade association generating revenue primarily through membership fees from retail and wholesale associations and companies (subscription/recurring model). It does not publish pricing for membership tiers publicly. Headcount is in the 11-50 range with a lean Brussels-based staff of directors and advisers covering competitiveness, digital/single market/consumer policy, communications, and jobs & skills. Governance rests with member organizations rather than external investors; no venture, private equity, or public ownership signals were identified.

Short descriptiontext

EuroCommerce is the Brussels-based European trade association (AISBL) representing approximately 5 million retail and wholesale businesses and 26 million workers across the EU, providing policy advocacy, industry research (including the annual State of Grocery Retail Europe report with McKinsey), events, and awards to its members and EU institutions.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
11–50
akta.pro rankint
HeadquartersBrussels, Belgium
HQ citystring
Brussels
HQ countrystring
Belgium
HQ regionstring
Europe
Markets served

Serves global market

Offices1 record

Each record includes

City, Country, Type, Description, Source

Keyword5 values
retail trade association, wholesale advocacy, EU policy representation, industry research reports, commerce events
NAICS code1 code
  • Professional Organizations813920
SIC code1 code
  • Services-Membership Organizations8600
Product category
Trade Association Services (Retail and Wholesale Sector Advocacy)
GTM motion1 record

Each record includes

Type, Description, Source

Revenue model1 record
1Membership fees
TypeSubscription Recurring
Description

EuroCommerce generates revenue through membership fees from retail and wholesale associations and companies across Europe. The organization provides membership services including policy updates, newsletters, publications, press releases, committee participation, and access to working groups and events.

eurocommerce.eu
Marketing channels6 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels1 record

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components4 values
Personnel, Operations, Marketing or Sales, Others
GTM typeB2B
B2B
Offering typeServices
Services
Brand1 of 5 records shown
1European Commerce Awards
Description

Annual awards program celebrating innovation, talent, and transformation in the European retail and wholesale sector.

eurocommerce.eu
+4 more records
Core offering1 text field

EuroCommerce is a European trade association (EuroCommerce AISBL, headquartered in Brussels) that represents the retail and wholesale sector to EU institutions. It sells membership-based services including policy advocacy, industry research reports (e.g., the annual State of Grocery Retail Europe produced with McKinsey and Europanel), advocacy campaigns, awards programs, and convening events such as Payments Day, the Future of Retail Summit, and Wholesale Day.

Differentiator
Functional benefit
Problem solved
Product overview1 text field

EuroCommerce is a European trade association representing retailers and wholesalers, not a technology product company. Its offering consists of industry research reports, advocacy campaigns, awards programs, and events. Key products include the annual State of Grocery Retail Europe report (developed with McKinsey & Company), the European Commerce Awards program, and events such as Payments Day, Future of Retail Summit, and Wholesale Day. The association also runs advocacy campaigns including #SingleMarket4All and #Compliance4All. These offerings serve to represent the interests of European retail and wholesale businesses, provide industry intelligence, and foster networking among sector participants.

Product and service2 records
1State of Grocery Retail Europe Report
CategoryIndustry Research Report
Description

Annual research report, developed with McKinsey & Company and Europanel, analysing European grocery retail market trends including sales growth, private label share, EBITDA margins, AI opportunities, and consumer behaviour across 14 European countries; for retail executives, policymakers, and sector stakeholders.

2State of Non-grocery Retail Report
Scale indicator9 records

Each record includes

Type, Value, Description, Source

Partnership3 partners
Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2026-06-19
Description

EuroCommerce and UNI Europa (European services union) issued a joint letter to EU institutions calling for worker protection in cash acceptance regulations. The two are European social partners representing employers and workers in the retail and wholesale sector, collaborating on issues affecting workers and employment conditions.

Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2025-04-08
Description

EuroCommerce partners with McKinsey & Company to produce the annual State of Grocery Retail Europe report, combining policy and sector knowledge with global expertise and analytical rigour. The 2025 and 2026 reports analyzed market trends, AI adoption, and grocery sector performance across 14 European countries.

Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2025-04-08
Description

EuroCommerce collaborates with Europanel on the State of Grocery Retail Europe report, contributing consumer panel data and market insights for the annual analysis of European grocery retail performance.

Recent move5 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight6 records

Each record includes

Type, Description

Peers8 records
TypeRegional player
Description

UK retail trade association providing advocacy, research, and industry representation to British retailers. Highly comparable in mission and product (policy advocacy, industry data, events) but focused on UK rather than EU policymaking, making it a regional rather than direct peer.

2Confederation of British Industry (CBI)
TypeRegional player
Description

UK-based business confederation representing employers across sectors via policy advocacy and member services. Comparable in structure and broad advocacy role, but with UK rather than EU focus and a cross-sector mandate versus EuroCommerce's retail/wholesale specialization.

TypeOthers
Description

Brussels-based federation of national consumer associations representing consumer interests in EU policy. Not a competitor but a structural counterpart to EuroCommerce — they frequently appear on opposing sides of the same regulatory debates, making it a directly relevant counterparty for any retail/wholesale policy analysis.

TypeBroad incumbent
Description

US trade association representing consumer packaged goods manufacturers. Adjacent rather than directly comparable — represents the supplier side of the retail value chain that EuroCommerce's members sell to, making it a counterpart organization on the other side of key debates (e.g., supply chain, territorial supply constraints).

TypeDirect peer
Description

Pan-European confederation of business federations representing employers across sectors in EU policy. Directly comparable as a Brussels-based membership trade association advocating for a cross-sector constituency, although its scope is broader (all industry, not specifically retail/wholesale).

TypeDirect peer
Description

The largest US retail trade association, providing advocacy, research, and events for the American retail sector. Directly comparable in mission and product mix (policy advocacy, flagship industry reports, large annual convention) but operating in US rather than EU regulatory environment.

TypeDirect peer
Description

European trade association specifically representing independent retailers in EU policy debates. Closest direct peer — same Brussels base, same retail focus, same member-based advocacy model — though narrower constituency (independents only vs. EuroCommerce's full retail/wholesale membership).

TypeDirect peer
Description

American Chamber of Commerce to the European Union, representing US companies operating in Europe via policy advocacy in Brussels. Comparable as a Brussels-based membership association advocating for a defined business constituency before EU institutions, with similar engagement with the Commission, Parliament, and Council.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat4 records

Each record includes

Type, Details

Key risks6 records

Each record includes

Headline, Details, Source

Key highlights7 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers5 records

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment3 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile1 record

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles7 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

No data
No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

EuroCommerce

Trade Association Services (Retail and Wholesale Sector Advocacy)eurocommerce.eu

EuroCommerce is the Brussels-based European trade association (AISBL) representing approximately 5 million retail and wholesale businesses and 26 million workers across the EU, providing policy advocacy, industry research (including the annual State of Grocery Retail Europe report with McKinsey), events, and awards to its members and EU institutions.

What EuroCommerce does

EuroCommerce is the principal European trade association representing the retail and wholesale sector, headquartered in Brussels and registered as an AISBL under Belgian law. Founded around 1993-1995, it serves as the unified voice for approximately 5 million businesses — of which 99% are SMEs — and 26 million workers across the EU, a sector accounting for roughly 10% of EU GDP. Its membership base includes major European enterprises (Amazon, H&M, Inditex, IKEA, Zalando) accessed through national retail and wholesale associations, and it maintains formal standing to engage the European Commission, Parliament, and Council on policy matters ranging from the Single Market and AI Act to packaging waste and payments regulation.

The organization's core 'products' are research, events, advocacy campaigns, and awards rather than technology. Flagship offerings include the annual State of Grocery Retail Europe report (co-developed with McKinsey & Company and Europanel, covering 14 countries), the European Commerce Awards, and recurring events such as Payments Day, Wholesale Day, and the Future of Retail Summit (held in partnership with the Financial Times). Active advocacy campaigns include #SingleMarket4All, #Compliance4All, and the Level Playing Field Initiative targeting third-country traders. The organization also publishes thematic reports on AI, textiles value chains, non-grocery retail, and supply chain initiatives. No proprietary technology platform, API, SDK, or software product is offered.

EuroCommerce operates as a membership-based, non-profit trade association generating revenue primarily through membership fees from retail and wholesale associations and companies (subscription/recurring model). It does not publish pricing for membership tiers publicly. Headcount is in the 11-50 range with a lean Brussels-based staff of directors and advisers covering competitiveness, digital/single market/consumer policy, communications, and jobs & skills. Governance rests with member organizations rather than external investors; no venture, private equity, or public ownership signals were identified.

EuroCommerce firmographics

Firmographics
Name
EuroCommerce
Legal name
EuroCommerce AISBL
Website
https://eurocommerce.eu
Company type
Private
Founded year
1995
Operating status
Operating
Headcount range
11–50 employees
Short description
EuroCommerce is the Brussels-based European trade association (AISBL) representing approximately 5 million retail and wholesale businesses and 26 million workers across the EU, providing policy advocacy, industry research (including the annual State of Grocery Retail Europe report with McKinsey), events, and awards to its members and EU institutions.
Ownership category
akta.pro rank

Where EuroCommerce is headquartered

Location

Headquarters

HQ city
Brussels
HQ country
Belgium
HQ region
Europe

Offices1 record

Markets served

EuroCommerce business model

Business model
GTM type
B2B
Offering type
Services
Cost components
Personnel, Operations, Marketing or Sales, Others

Revenue model

  1. Membership fees: EuroCommerce generates revenue through membership fees from retail and wholesale associations and companies across Europe. The organization provides membership services including policy updates, newsletters, publications, press releases, committee participation, and access to working groups and events.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels6 records

EuroCommerce product offering

Product offering

Core offering

EuroCommerce is a European trade association (EuroCommerce AISBL, headquartered in Brussels) that represents the retail and wholesale sector to EU institutions. It sells membership-based services including policy advocacy, industry research reports (e.g., the annual State of Grocery Retail Europe produced with McKinsey and Europanel), advocacy campaigns, awards programs, and convening events such as Payments Day, the Future of Retail Summit, and Wholesale Day.

Product overview

EuroCommerce is a European trade association representing retailers and wholesalers, not a technology product company. Its offering consists of industry research reports, advocacy campaigns, awards programs, and events. Key products include the annual State of Grocery Retail Europe report (developed with McKinsey & Company), the European Commerce Awards program, and events such as Payments Day, Future of Retail Summit, and Wholesale Day. The association also runs advocacy campaigns including #SingleMarket4All and #Compliance4All. These offerings serve to represent the interests of European retail and wholesale businesses, provide industry intelligence, and foster networking among sector participants.

Differentiator

Problem solved

Functional benefit

Brands

  • European Commerce Awards: Annual awards program celebrating innovation, talent, and transformation in the European retail and wholesale sector.
  • State of Grocery Retail Europe
  • Payments Day
  • Wholesale Day
  • European Textiles Global Value Chain Report

Products and services

  • State of Grocery Retail Europe Report Annual research report, developed with McKinsey & Company and Europanel, analysing European grocery retail market trends including sales growth, private label share, EBITDA margins, AI opportunities, and consumer behaviour across 14 European countries; for retail executives, policymakers, and sector stakeholders.
  • State of Non-grocery Retail Report

Companies that use EuroCommerce

Customer profile

Named customers5 records

Segments3 records

Ideal customer profiles1 record

EuroCommerce technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

EuroCommerce partnerships and signals

Strategic signal

Partnerships

Three partnerships are on record, tiered core.

  • UNI EuropacoreStrategic or Co-development Partner · 19 June 2026EuroCommerce and UNI Europa (European services union) issued a joint letter to EU institutions calling for worker protection in cash acceptance regulations. The two are European social partners representing employers and workers in the retail and wholesale sector, collaborating on issues affecting workers and employment conditions.
  • McKinsey & CompanycoreStrategic or Co-development Partner · 8 April 2025EuroCommerce partners with McKinsey & Company to produce the annual State of Grocery Retail Europe report, combining policy and sector knowledge with global expertise and analytical rigour. The 2025 and 2026 reports analyzed market trends, AI adoption, and grocery sector performance across 14 European countries.
  • EuropanelcoreStrategic or Co-development Partner · 8 April 2025EuroCommerce collaborates with Europanel on the State of Grocery Retail Europe report, contributing consumer panel data and market insights for the annual analysis of European grocery retail performance.

Scale indicators9 records

Recent moves5 records

Expansion highlights6 records

EuroCommerce competitors and assessment

Company assessment

Regional players

  • British Retail Consortium: UK retail trade association providing advocacy, research, and industry representation to British retailers. Highly comparable in mission and product (policy advocacy, industry data, events) but focused on UK rather than EU policymaking, making it a regional rather than direct peer.
  • Confederation of British Industry (CBI): UK-based business confederation representing employers across sectors via policy advocacy and member services. Comparable in structure and broad advocacy role, but with UK rather than EU focus and a cross-sector mandate versus EuroCommerce's retail/wholesale specialization.

Others

  • BEUC — The European Consumer Organisation: Brussels-based federation of national consumer associations representing consumer interests in EU policy. Not a competitor but a structural counterpart to EuroCommerce — they frequently appear on opposing sides of the same regulatory debates, making it a directly relevant counterparty for any retail/wholesale policy analysis.

Broad incumbents

  • Consumer Brands Association: US trade association representing consumer packaged goods manufacturers. Adjacent rather than directly comparable — represents the supplier side of the retail value chain that EuroCommerce's members sell to, making it a counterpart organization on the other side of key debates (e.g., supply chain, territorial supply constraints).

Direct peers

  • BusinessEurope: Pan-European confederation of business federations representing employers across sectors in EU policy. Directly comparable as a Brussels-based membership trade association advocating for a cross-sector constituency, although its scope is broader (all industry, not specifically retail/wholesale).
  • National Retail Federation: The largest US retail trade association, providing advocacy, research, and events for the American retail sector. Directly comparable in mission and product mix (policy advocacy, flagship industry reports, large annual convention) but operating in US rather than EU regulatory environment.
  • Independent Retail Europe: European trade association specifically representing independent retailers in EU policy debates. Closest direct peer — same Brussels base, same retail focus, same member-based advocacy model — though narrower constituency (independents only vs. EuroCommerce's full retail/wholesale membership).
  • AmCham EU: American Chamber of Commerce to the European Union, representing US companies operating in Europe via policy advocacy in Brussels. Comparable as a Brussels-based membership association advocating for a defined business constituency before EU institutions, with similar engagement with the Commission, Parliament, and Council.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

EuroCommerce social profiles

Digital presence

EuroCommerce financial estimates

Financial estimate

Revenue estimate

Valuation estimate

EuroCommerce leadership team

Management profile

Number of profiles

Profiles7 records

EuroCommerce funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

EuroCommerce M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about EuroCommerce

What does EuroCommerce do?

EuroCommerce is a European trade association (EuroCommerce AISBL, headquartered in Brussels) that represents the retail and wholesale sector to EU institutions. It sells membership-based services including policy advocacy, industry research reports (e.g., the annual State of Grocery Retail Europe produced with McKinsey and Europanel), advocacy campaigns, awards programs, and convening events such as Payments Day, the Future of Retail Summit, and Wholesale Day.

Is EuroCommerce a public or private company?

EuroCommerce is a private company. It is classified as nonprofit foundation owned and is currently operating.

When was EuroCommerce founded?

EuroCommerce was founded in 1995. It employs 11 to 50 people.

Where is EuroCommerce based?

EuroCommerce is headquartered in Brussels, Belgium, in the Europe region.

How does EuroCommerce make money?

One revenue line is on record: membership fees.

Who are EuroCommerce's main competitors?

Regional players on record are British Retail Consortium and Confederation of British Industry (CBI). BEUC — The European Consumer Organisation is listed as an others. Consumer Brands Association is listed as a broad incumbent. Direct peers are BusinessEurope, National Retail Federation, Independent Retail Europe and AmCham EU.

Does EuroCommerce have an API?

No public API is recorded for EuroCommerce.

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Live signals
EXPANSIONSupermercados e industria alimentaria piden un alivio en la directiva contra el 'greenwashing'The EU Empowering Consumers (EmpCo) directive on greenwashing takes effect on 27 September 2026, prohibiting vague environmental terms such as 'eco', 'bio', 'natural', 'green', or 'sustainable' on packaging and advertising unless backed by certified external verification. Supermarkets and the food industry, represented by trade bodies FoodDrinkEurope, Eurocommerce, and the German Retail Association (HDE), are calling for transitional relief to avoid mass product destruction and million-dollar losses as existing stocks would need to be withdrawn or relabelled. Spain is among twenty EU member states that have not yet transposed the directive into national law, though the Sustainable Consumption Law is expected to pass shortly.The Economic TimesAI-generated ads should be exempt from EU transparency rules, retail association saysEurocommerce, the European retail association, has sent a letter to EU tech chief Henna Virkkunen asking that AI-generated advertisements be exempted from the EU AI Act's transparency labeling requirements. The association argues that AI-generated ads not intended to mislead users, such as product showcase images, should not fall under the "deep fake" definition that requires disclosure. The group represents major retailers including Amazon, H&M, Inditex, and IkeA, and cited examples such as Zalando cutting content production costs by 90% through AI-generated marketing images.YahooEU retailers call for “grace period” on new PPWR packaging rulesEuroCommerce, the trade association representing EU retailers and wholesalers, is calling for a minimum 12-month grace period on the new Packaging and Packaging Waste Regulation (PPWR), which takes effect from 12 August. The association argues that key technical details, including thresholds for PFAS substances in packaging, remain unclear and that businesses need time to understand, test, and adapt to the new requirements. EuroCommerce issued the statement on 25 June to coincide with an EU Environment Ministers meeting in Luxembourg, warning that without a realistic transition period, serious disruption across Europe's supply chains could occur.YahooShould AI Ads Count As Deep Fake in the EU?EuroCommerce, an industry group representing European retailers and wholesalers, sent a letter to the European Commission on June 18 requesting clearer guidelines on what constitutes a deep fake under the EU AI Act. The group is concerned that the current broad interpretation of AI Act transparency obligations could burden non-deceptive commercial practices such as product image enhancement and AI-generated marketing materials. The EU AI Act's transparency requirements are set to begin implementation in August, with companies required to disclose deep fakes in audio and visual content.YahooEuroCommerce seeks ad exemption from EU AI disclosure rules — reportEuropean retail association EuroCommerce has urged EU tech chief Henna Virkkunen to exclude AI-generated advertisements not intended to deceive from new disclosure rules under the EU AI Act, set to apply from August 2026. The association argues that requiring disclosures for common AI-edited marketing content could weaken the value of those labels for consumers. Major retailers including Zalando, H&M and Zara are already using AI-generated marketing material extensively, with Zalando reporting a 90% reduction in content production costs through the technology.The StarAI-generated ads should be exempt from EU transparency rules, retail association saysEurocommerce, a European retail association representing major retailers, has sent a letter to EU Tech Chief Henna Virkkunen requesting that AI-generated advertisements be exempted from the EU AI Act's transparency disclosure requirements, which take effect on August 2. The association argues that ads using AI to generate or enhance product visuals should not fall under the "deep fake" definition, warning that broadly applying the regulation would force retailers to label a large share of AI-assisted content, diluting the disclosure's value. Retailers like Zalando report that AI has cut their content production costs by 90%, while fast-fashion retailers H&M and Zara are already using AI-generated model clones for marketing purposes.The StandardAI-generated ads should be exempt from EU transparency rules, retail association saysEurocommerce, the European retail association, has sent a letter to EU tech chief Henna Virkkunen requesting that AI-generated advertisements be exempt from the EU AI Act's transparency disclosure requirements, arguing that such ads not intended to mislead should not be classified as deep fakes. The EU AI Act, entering into force on August 2, requires companies to clearly label AI-generated or AI-modified images, video, or audio content that constitute deep fakes. Retailers including Zalando have already cut content production costs by 90% using AI-generated marketing images, raising concerns that broad labeling requirements could dilute the value of disclosures to consumers.BusinessoffashionAI Transparency Rule Shouldn’t Apply to Ads, EU Retail Group SaysEurocommerce, a European retail association whose members include Amazon, H&M, Inditex, and Ikea, has written to EU tech chief Henna Virkkunen requesting that AI-generated advertisements be exempted from the EU AI Act's deep fake disclosure requirements. The regulation, which takes effect on August 2, requires companies to label AI-generated or modified images, videos, or audio constituting deep fakes. Eurocommerce argues that non-misleading AI-generated ads, such as product showcase images, should not fall under the deep fake definition, warning that broad application could dilute disclosure value to consumers.ReutersAI-generated ads should be exempt from EU transparency rules, retail association saysEurocommerce, the European retail association representing Amazon, H&M, Inditex, and Ikea, has sent a letter to EU tech chief Henna Virkkunen requesting that AI-generated advertisements be exempt from the EU AI Act's transparency disclosure requirements, which take effect on August 2. The association argues that AI-generated ads not intended to mislead consumers, such as product showcase images, should not fall under the "deep fake" definition, and that broad labeling requirements would dilute the value of disclosures to consumers. Retailers cited in the letter report significant cost savings from AI-generated marketing content, with German online retailer Zalando claiming a 90% reduction in content production costs.YahooAI-generated ads should be exempt from EU transparency rules, retail association saysEurocommerce, a European retail association, asked EU tech chief Henna Virkkunen to exempt AI-generated ads from the EU AI Act's disclosure rules. The group argued that ads not intended to mislead, such as product showcases, should not be classified as deep fakes. The EU AI Act enters into force on August 2.