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Quince secures 500 million US dollars in Series E funding

US-based fashion brand Quince, known for its manufacturing-to-consumer (M2C) retail model offering premium goods across fashion, lifestyle and home at affordable prices, has closed a 500 million US dollar Series E funding round, valuing the company at 10.1 billion US dollars. The San Francisco-based company said the investment, led by Iconiq,...

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Levi’s e-commerce platform to be powered by Scayle

Enterprise commerce platform Scayle, part of Zalando SE, has announced a global partnership with American denim and apparel brand Levi’s to power its e-commerce across the US, Canada, and Europe. More than 350 online shops run on Scayle’s e-commerce software, including international brands and retailers such as British luxury department store...

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Fossil Group reports narrowed operating loss amid turnaround efforts

US accessories company Fossil Group has announced its financial results for the fourth quarter and fiscal year ended January 10, 2026, revealing a significant improvement in operating performance despite a decline in net sales. Full year sales decline The Texas-based group reported that net sales for the full year 2025 totaled 1 billion dollars,...

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Zalando meets 2025 expectations and forecasts further growth

Berlin-based online fashion retailer Zalando increased sales and operating profit during the 2025 financial year. Management now anticipates further growth for the current year and has announced a comprehensive share buyback programme. “Our 2025 results demonstrate our strength in execution: we promised profitable growth and delivered at the...

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Salvatore Ferragamo's FY25 revenues decline by 5.7 percent

Salvatore Ferragamo reported revenues of 503 million euros (580 million dollars) for the second half of 2025. This represents a 1.8 percent decrease from the 512 million euros recorded in the second half of 2024, or a 0.4 percent decline at constant exchange rates. Full-year 2025 revenues reached 977 million euros, down 5.7 percent from 1,035...

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How major fast fashion brands are handling the Middle East logistics crisis

Global fashion supply chains are currently navigating a period of profound instability as escalating conflict in the Middle East severely disrupts the flow of goods from South Asian manufacturing hubs to European high streets. As of March 2026, the closure of vital airspace and the suspension of operations at major transit hubs like Dubai have...

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US judge bans AI bot from shopping on Amazon

A US federal judge has temporarily banned Perplexity AI from using its Comet browser for purchases on Amazon. Comet is an AI agent that independently performs tasks on the web at the user's request, including logging into secure Amazon Prime accounts and completing the transaction. Amazon sued the company for computer fraud. The lawsuit does not...

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Inditex posts 6.22 billion euro profit in 2025 and 3.19 percent sales growth

Madrid – Inditex, the parent company of fashion chains including Zara, Bershka, and Massimo Dutti, released its consolidated results for the 2025 fiscal year earlier today. The period ran from February 1, 2025, to January 31, 2026. As expected, the company completed the year by registering new record highs in both sales and profits. Inditex net...

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Bimba y Lola closes 2025 with sales of 250 million euros, anticipates "complex" year

Bimba y Lola has shared its results for the 2025 financial year, which ended on February 28. The Galician company achieved sales of 250 million euros, a 7 percent increase on the previous year's 234 million euros. “The year of our 20th anniversary has concluded very positively. In addition to strong sales performance, Bimba y Lola has continued...

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Inditex faces results presentation with shares 'pressured' by Middle East crisis

Madrid – Inditex will present its full-year results for 2025 this Wednesday, March 11, covering the period from February 1, 2025, to January 31, 2026. The Spanish fashion multinational is expected to report record highs in sales and profits, despite the impact of fluctuating exchange rates. To provide context, Inditex closed its 2024 fiscal year...

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BCC warns removal of ‘de minimis’ could increase prices

The British Chambers of Commerce (BCC), which represents more than 50,000 businesses across the UK, have warned that the removal of tariff exemptions for low-value imports could push up prices and reduce trade for small businesses. In a statement, the BCC said that the removal of the ‘de minimis’ exemption for imported goods, which is currently...

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Deichmann posts strong results in Spain, appoints new managing director for Iberia

Madrid - Essen-based footwear giant Deichmann has reported a standout 2025 performance in Spain, with local growth doubling the group’s global average despite broader market volatility. Highlights of 2025 performance Deichmann Group concluded the 2025 fiscal year with revenues of 8.9 billion (10.37 billion dollars), a 2.3 percent increase on the...