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Ebay records strong Q1 following Depop acquisition agreement

US-based e-commerce platform Ebay has reported strong financial results for the first quarter ended March 31, 2026. The company saw gross merchandise volume (GMV) reach 22.20 billion dollars, representing an 18 percent increase on an as-reported basis and a 14 percent rise on a foreign exchange (FX) neutral basis. Revenue for the period climbed...

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Yoox CEO on how the platform is shifting luxury from aspiration to participation

Yoox chose Milan Design Week to present an immersive installation created in collaboration with Viennese digital artist Keta Bart. The project combines experiential design, digital art and artificial intelligence. It reinterprets one of fashion's most intimate rituals, entering and staying in the fitting room, transforming it into an opportunity...

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VF Corporation CEO outlines strategy for brand revival and AI integration

In a Keynote Interview at the World Retail Congress (WRC), Bracken Darrell, CEO of VF Corporation, detailed the strategic levers currently being pulled to return the global apparel giant to sustainable growth. Speaking on the final day of the summit in Berlin, Darrell emphasised that while financial metrics like revenue growth remain the...

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Reimaging brand ownership: How Authentic Brands powers hertiage through digital experience

In the session 'Beyond Retail: The Operating System for Modern Brands' during the World Retail Congress 2026 on Berlin, Henry Stupp, president of EMEA and India at Authentic Brands Group, detailed a strategic blueprint for transforming heritage labels into modern, scalable platforms. Addressing a room of global retail leaders, Stupp argued that...

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Shein partners with THG Fulfil to boost UK marketplace offering

Shein has expanded its UK marketplace capabilities through a new partnership with THG Fulfil, aimed at improving services for local brands and retailers. The update looks to introduce a more integrated system for UK sellers using the Shein Marketplace, which launched in the region in 2024. The platform allows brands to list products and access a...

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Armani Group's 2025 results: sales decline, profitability improves

The Armani Group closed 2025 with an organic decline in net sales of 2.8 percent (-4.6 percent in euros at current exchange rates), amounting to 2.19 billion euros (2.56 billion dollars), and an improvement in operating profitability (EBITDA +3 percent, EBIT +2 percent). The company estimates over 6 billion euros in retail value of Armani...

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Stock: Adidas attempts new recovery after strong start to the year

Strong preliminary results from Adidas catapulted the sporting goods manufacturer's shares to the top of the leading index on Wednesday, posting significant gains. Around midday, it rose by almost 7 percent to 147.30 euros in the slightly weaker Dax . At the start of trading, it had temporarily reached 149.25 euros, its highest level since early...

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Biomaterials company Ponda to launch crowdfunding campaign amid regenerative farming push

Ponda, a British biomaterials company known for its insulation material BioPuff, is set to initiate a new crowdfunding campaign to help “broaden the ownership of regenerative fashion innovation”. Its launch comes as the Bristol-based firm looks to move beyond early traction towards broader commercial supply, with the funding intended to support...

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Frasers Group acquires two major UK designer outlets

British retail powerhouse Frasers Group has announced the acquisition of two prominent retail destinations in the UK, York Designer Outlet and East Midlands Designer Outlet. The transaction, confirmed on April 29, 2026, marks a significant expansion of the group’s property portfolio as it continues to execute its long-term Elevation Strategy....

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Exchange rates drag on Puig's sales, as firm agreement with The Estée Lauder remains elusive

Madrid – Without having previously announced the exact timing for the release of its new fiscal year results, Puig finally reported its performance for the first quarter of 2026 on Tuesday, after the markets closed. For the three-month period ending March 31, the company's results were significantly impacted by exchange rates. According to...

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Why Jeff Bezos is betting 34 million dollars on future textiles

The news may seem modest on the scale of global technology investments. However, it acts as a weak signal with high potential for the entire fashion sector. By injecting 34 million dollars through the Bezos Earth Fund (BEF), the Amazon founder is not only seeking to improve his green credentials but also to secure a dominant position in...

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Adidas exceeds growth expectations and confirms outlook

Sportswear manufacturer Adidas performed better than expected in the first quarter, confirming its outlook. Revenue rose by over 7 percent to approximately 6.6 billion euros (7.72 billion dollars), the company announced on Wednesday in Herzogenaurach. On a currency-neutral basis, Adidas achieved 14 percent growth. The company registered strong...