E-commerce news and archive

Shein UK revenue crosses 2.5 billion pounds as profits rise 18.5 percent

UK online fast fashion retailer Shein Distribution UK Limited, the UK subsidiary of Singapore-based Shein Group, has posted an 18.5 percent increase in annual net profits to 33.92 million pounds for the financial year ended December 31, 2025, up from 28.61 million pounds in 2024. Turnover for the 12-month period climbed 25.9 percent to 2.58...

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US consumers would let AI agents buy clothes, but not without a say

Consumers are more and more open to the idea of letting an AI agent buy clothing and footwear on their behalf, provided spending remains low and they retain a final say, according to the 2026 Agentic Commerce Report from payments company Global Payments. Shoppers expect AI commerce agents to conduct 15 percent of their purchases within five...

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Asos returns to GMV growth in Q4 and exceeds EBITDA guidance for FY26

UK online fashion retailer Asos has released a trading update for the financial year ended August 30, 2026, reporting a return to gross merchandise value (GMV) growth in the fourth quarter and adjusted earnings before interest, taxes, depreciation and amortisation (EBITDA) above the midpoint of its guided range of 150 million to 180 million...

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Dr. Martens launches new global brand platform 'With Bouncing Soles'

British footwear brand Dr. Martens has announced further developments as part of its consumer-first strategy, including the launch of a new global brand platform titled 'With Bouncing Soles'. The initiative debuts alongside a refreshed e-commerce experience and the ongoing execution of the physical retail strategy outlined during the company's...

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Shein, Temu and AliExpress account for almost a third of online apparel purchases

Shein, Temu and AliExpress accounted for nearly one-third of online apparel purchases by volume in the first seven months of 2026. This demonstrates a “growing hold” on the market, which appears to be curbed by the European tax on small parcels, according to a study published on Monday by the Institut Français de la Mode (IFM). In the first...

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StyleBuddy's Vision for the Next Fashion Storefront: AI Styling, Virtual Try-On and Agentic Commerce

StyleBuddy is making a bigger bet than simply adding AI features to a fashion website. Under Founder and CEO Siddharth Pandit, the company is building an AI-powered commerce layer designed specifically for fashion - one that helps brands move shoppers from discovery to styling, visualisation and purchase within a more intelligent journey....

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Harvey Nichols resumes e-commerce activities

Harvey Nichols has relaunched its e-commerce operations weeks after Frasers Group acquired the luxury department store and rescued it from the clutches of administration. The website has been resumed following a transaction period in which ownership over the company was transferred to Frasers. The British retail giant acquired the retailer as...

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SCAYLE STUDIOS: how ABOUT YOU produces its fashion content over 95 percent faster with AI, and now opens the technology to other brands

More products, more channels, more formats: fashion and lifestyle brands need significantly more content today than just a few years ago. SCAYLE Commerce Engine, together with Hamburg-based fashion and lifestyle retailer ABOUT YOU, turned this challenge into a standalone product: SCAYLE STUDIOS. The AI-powered self-service tool digitally maps...

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Authentic expands European marketplace access with Luzern partnership

US brand management firm Authentic Brands Group has expanded its strategic partnership with Luzern eCommerce, giving the group’s brand portfolio access to marketplace and retail media services across Europe. The agreement builds on Luzern’s work with the operating partners of Authentic-owned Reebok over the past year and will extend its...

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Harvey Nichols halts online operations following Frasers takeover, Irish business in liquidation

The website of British department store Harvey Nichols has shuttered following its acquisition by Frasers Group. The luxury retailer has warned customers that its online business will remain unavailable while it completes a period of transition under new ownership. A notice on the website confirms that physical stores remain open, while...

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European textiles and clothing: a balancing act between structural evolution and robust market defence

The European textile and clothing industry is at a a pivotal moment and continues to serve as an economic pillar with 166 billion euros in annual turnover according to Euratex’s Facts & Figures 2026 report. Despite sustaining nearly 200,000 companies and 1.2 million jobs, the sector is grappling with contraction. Structural macroeconomic...

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The volume shift: How Asian online retailers move from individual parcels to bulk inventory

The landscape of international trade and e-commerce logistics across Europe has undergone a fundamental structural realignment. For years, the European Union’s long-standing low-value customs duty exemption—the de minimis threshold—allowed billions of individual parcels valued under 150 euros to flood into member states from Asian manufacturing...