07:24 AM EDT, 05/23/2025 (MT Newswires) -- Lightspeed Commerce ( LSPD ) said Friday that its NuORDER platform will help power the digital extension of a trade event in Copenhagen organized by Mandatory, a contemporary mid-high-end market platform.

The third edition of the event scheduled Aug. 5-7 will merge physical and digital experiences, supporting the vibrant and fast-growing Nordic fashion community.

Lightspeed noted that buyer activity from Nordic-region retailers on the NuORDER platform surged by 40% year-over-year in the first quarter.

"The increase in buyer activity on the NuORDER platform early this year clearly indicates a growing market demand and a renewed engagement within the industry," said Chris Akrimi, general manager of NuORDER by Lightspeed. "The Mandatory event presents a unique opportunity for brands and retailers to combine physical meetings with digital ordering, a trend we expect to see adopted globally as the retail industry seeks to evolve and streamline its operations."

Lightspeed's share price dropped 8% on Thursday to $13.74 on the TSX.