eBay news and archive

eBay posts improved Q1 results, announces CFO transition

Ecommerce company eBay first-quarter 2025 results demonstrate a strong start to the year. The company also revealed changes in its executive leadership, including a new chief financial officer. First quarter revenue reached 2.6 billion dollars, up 1 percent versus the same period last year, while gross merchandise volume (GMV) grew to...

Member

Business

John Lewis, Decathlon and Tapestry join Ellen MacArthur’s Fashion ReModel project

A number of established brands and fashion groups have joined in the second cohort of the Ellen MacArthur Foundation’s The Fashion ReModel project. Among the new names are sportswear retailer Decathlon, British department store John Lewis and US luxury group Tapestry. Secondhand marketplace Ebay and Colombia textile manufacturer Crystal S.A.S...

Member

Business

Ebay increases annual sales by two percent

The US e-commerce group eBay Inc. was able to slightly improve its sales in the 2024 financial year. Profit, however, fell short of the previous year's level. CEO Jamie Iannone was satisfied with the latest development: In the fourth quarter, the company "met or exceeded expectations on key metrics," he emphasized in a statement published on...

Fashion

eBay UK extends Love Island partnership amid pre-loved fashion surge

eBay UK has renewed its headline sponsorship of ITV2's Love Island: All Stars for a second season, marking its sixth consecutive collaboration with the reality television franchise. The partnership, which places pre-owned fashion at the forefront of prime-time television, has witnessed significant market impact since its inception in 2022. Data...

Member

Business

Ebay and Klarna expand Buy Now Pay Later to new markets

Multinational ecommerce giant eBay has expanded its partnership with Klarna, transforming the art of digital window shopping into a more fluid financial experience. The collaboration, which spans key European markets, introduces flexible payment options that could revolutionise how fashion consumers approach their purchasing decisions. The...

FeaturedMember

Business

“Status of German Fashion 2024”: Between tradition and digitalisation

The Fashion Council Germany (FCG) and eBay Germany recently published the study “Status of German Fashion 2024”, which, in conjunction with the research institute Oxford Economics, examined the economic significance of the German fashion industry (clothing, footwear, accessories, bags and jewellery). The study also looked at the key challenges...

Member

Business

eBay's Q3 revenues improve by 3 percent

eBay Inc. revenue for the third quarter was 2.6 billion dollars, up 3 percent on an as-reported and foreign exchange neutral basis. Gross merchandise volume (GMV) was 18.3 billion dollars, up 2 percent on an as-reported basis and 1 percent on an FX-neutral basis. "We achieved another quarter of positive GMV growth and delivered strong results...

Fashion

Amazon dominates holiday gift search

Amazon has emerged as the dominant online platform for UK holiday shoppers, with over half (52 percent) turning to it for festive gift inspiration, surpassing Google, which attracted only 31 percent of shoppers, according to recent research by Nosto. Generative AI tools like ChatGPT are quickly gaining relevance, with 8 percent of UK consumers...

Fashion

eBay expands Circular Fashion Fund with 1.2m dollars investment by 2025

Ebay has unveiled the global expansion of its Circular Fashion Fund (CFF), aiming to support fashion start-ups with circular business models. By the end of 2025, the e-commerce giant will have committed a total of 1.2 million dollars to foster innovation across markets including the UK, Germany, the US, and Australia. In an added incentive for...

Retail

eBay UK unveils luxury consignment service

Multinational e-commerce platform eBay UK has launched a new consignment service for luxury items, offering users a novel approach to selling their high end possessions. The service, which initially focuses on designer handbags, connects consumers with expert sellers who manage the entire listing and sales process. Ebay’s latest expansion in the...

People

eBay names Samantha Wellington as chief legal officer

eBay Inc. has announced the appointment of Samantha Wellington as senior vice president, chief legal officer, general counsel and secretary replacing Marie Oh Huber, who left the business in June after nine years as general counsel. In this role, the company said in a release, Wellington will oversee all global aspects of eBay's legal...

People

CarMax CEO William Nash joins eBay board of directors

eBay Inc. has announced the appointment of William (Bill) D. Nash to its board of directors, effective September 18, 2024. The company said in a release that Nash is president and chief executive officer of CarMax, the largest retailer of used cars in the US, which includes its CarMax Auto Finance (CAF) subsidiary. He oversees all aspects of the...