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Vinted eyes eight billion euro valuation ahead of share sale

Resale platform Vinted is reportedly eyeing an eight billion euro valuation ahead of a planned share sale potentially worth several hundred million euros. According to sources for the Financial Times (FT), the company is believed to be in preliminary discussions regarding the sale of existing shares in a transaction that could kick off next...

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Vinted faces French probe over porn content

Vinted faces an investigation in France over allegations that some accounts on the second-hand clothes platform are being used to promote pornographic content, the government's child protection commissioner said. French news website L'Informé and other media reported last week how some users are posting advertisements for lingerie or swimwear to...

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Maersk secures 30-year lease for Bangladesh's Chattogram container terminal

On Monday, Bangladesh signed a 30-year lease with Danish global shipping giant Maersk to manage a new container terminal in Chattogram (south-east), the country's largest port. Officials from the Chattogram Port Authority stated that APM Terminals, the Maersk subsidiary involved in the project, will invest approximately 550 million dollars over...

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Misto Holdings reports robust Q3 financial results

Misto Holdings Corp. reported steady third-quarter results, with consolidated revenue rising 3.7 percent year-on-year to 1.088 trillion won and operating profit surging 41 percent to 132 billion won, driven by a turnaround in its Misto segment and continued momentum at Acushnet. The Misto division delivered 181 billion won in revenue, supported...

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The State of Fashion 2026: Turbulence is the new normal

The annual State of Fashion report by global management consulting firm McKinsey & Company and BoF Insights, The Business of Fashion’s data and advisory team, has revealed that 46 percent of fashion executives expect industry conditions to worsen in 2026, an increase from 39 percent in last year’s report. The report, which reveals how changes in...

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Alibaba denies report accusing it of supporting Chinese army against US

Beijing - Chinese e-commerce giant Alibaba on Saturday denied to AFP an article in the Financial Times (FT) that accused it of assisting in Beijing's military operations against the US. Alibaba “provides technical support for the ‘operations’ of the Chinese army against US targets,” stated the report from the British newspaper published on...

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Luxury houses eye India, but barriers remain

The globe's biggest luxury brands have dreamt of India's vast consumer base for decades, but navigating the market has proven to be a complex task. French retailer Galeries Lafayette is the latest to try its luck, opening its first Indian store on Sunday: a sprawling five-floor outlet in Mumbai, the country's financial capital. Its splashy foray...

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V2 Retail records significant turnaround in Q2 FY26

V2 Retail, a leading value fashion retailer, delivered a robust performance in the second quarter of fiscal Year 2026, triggering a surge in its share price. The company reported a consolidated revenue of 708.6 crore, an impressive 86 percent year-over-year increase from the previous year, demonstrating strong customer demand for its...

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MySize Inc. achieves 26 percent sequential revenue increase in Q3 2025

AI-driven sizing solutions provider MySize, Inc. demonstrated momentum in its integrated technology ecosystem and European resale marketplace in third quarter for 2025. The company achieved 2.6 million dollars in revenue, marking a 26 percent sequential increase from Q2 2025, coupled with a 27 percent year-over-year jump in gross profit to 1...

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Alibaba to transform B2B sourcing with agentic AI

E-commerce giant Alibaba has announced the integration of agentic AI capabilities into the user journey of its business-to-business (B2B) marketplace. Launched under the 'AI mode' feature, this technological innovation aims to transform the processes by which professionals discover, evaluate and interact with suppliers. Even more impressive than...

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Landsec boosts guidance amid strong performance in H1 of FY26

British real estate giant Landsec is experiencing positive momentum across all areas of its business, leading to increased earnings per share (EPS) guidance for the near and medium term. For the six months ended September 30, 2025, Landsec reported EPRA earnings of 192 million pounds, a 3.2 percent increase from 186 million pounds in the prior...

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Callaway to debut premium line under extended Topgolf and Perry Ellis deal

Topgolf Callaway Brands Corp has extended its licensing agreement with Perry Ellis International for Callaway, which will see the golf apparel label venture into premium wear and embark on a new phase of global expansion. Under the amended multi-year deal, first signed in 2009, the collaboration with Perry Ellis will now continue through...