H&M relaunches its 6-story flagship on Huaihai Road, Shanghai, after a 2.5-year closure. This marks a bold move to regain market share in China post-2021 boycott.

Syte’s AI tech enhances Tally Weijl’s eCommerce, driving higher conversions and order values. It optimizes product discovery for seamless shopping experiences.

Macy’s will shutter 66 locations this year as part of its “Bold New Chapter” plan to modernize. Nine closures each in NY and CA, plus the Philadelphia flagship store, lead the list.

Zalando partners with Klarna to launch 'Pay in 3' in Austria, Denmark, Germany, Poland, and The Netherlands, extending flexible payment solutions across Europe in 2025.

About You's sales grew 1.3% to €559M in Q3, with €20.1M profit. The late Black Weekend shifted gains to next quarter. Zalando's takeover bid values About You at €1.2B.

Mytheresa and Zalando drive Germany’s rise in e-commerce. Mytheresa’s $4.3B luxury plan and Zalando’s $10.6B revenue lead the charge in 2025, shaping a new market leader.

The Russian court banned Shein's website after finding rainbow bracelets labeled as LGBTQ+ symbols. The ruling follows the nation's strict laws on "LGBT propaganda."

Shein's lawyer refused to confirm if products use Xinjiang cotton, angering UK MPs. Concerns over forced labor highlight the fast-fashion giant's supply chain.

THG shareholders backed the split of its Ingenuity platform into a £90M private company. The move simplifies THG’s business and allows Ingenuity to focus on cutting losses.

Inditex announces a strategic investment in Epoch Biodesign to boost sustainable enzymatic biorecycling. This move aligns with its commitment to circular fashion innovation.

Mexico’s crackdown on duty-free imports disrupts U.S. e-commerce. A new rule imposes tariffs up to 35% on apparel, forcing brands to rethink cross-border logistics.

Investors want Macy’s to spin off $5-$9B in real estate assets, consider Bloomingdale’s and Bluemercury, aiming to boost shareholder value amid retail challenges.

Decathlon integrates Wedze into Quechua, aligning with a strategy to unify 80+ sports under 9 brands. This simplification aims for efficiency and focused expertise.

Perfect Corp. acquired Wannaby from Farfetch, aiming to expand virtual try-on capabilities for shoes, bags, and apparel. This strengthens its role in luxury fashion tech.

The UK Business and Trade Committee has summoned Shein and Temu for a 7 January hearing to address supply chain labor concerns. Representatives will discuss forced labor claims and related issues.

Zalando will end free deliveries for orders under $30 by January 2025, revamping its loyalty program and reducing return periods to 30 days for improved efficiency.

Eight BIPOC-founded beauty brands join Sephora’s 2025 Accelerate program, offering mentorship, funding, and a chance to launch at Sephora stores by year-end.

The rise of fast fashion and limited recycling infrastructure fuel a 50% increase in US textile waste since 2000, per EPA. Experts urge coordinated federal action to curb damage.

Zalando unveils its 2024 Trend Rewind, highlighting top trends like Mob Wife and Brat Summer, based on soaring searches (+5,000%). Available in 25 markets now.

The French fashion sector condemns Shein’s recruitment of ex-ministers, citing greenwashing and disruption to responsible practices. Industry calls for urgent legislative action.

The RealReal’s sales grew 11% to $148M as shoppers embrace luxury resale. AI innovations have improved efficiency and boosted customer confidence in authenticity.

Zalando switches its Plus Programme to a free points-based system. The change rewards purchases and activities, reaching over 2.5M members across eight markets.

Perfect Corp. acquired Wannaby to expand into luxury segments like shoes and bags. This move enhances digital shopping for Farfetch and 30+ luxury brands.

Shein is sharing shipment data with U.S. Customs to improve border safety and streamline imports. This follows scrutiny over labor and tariff practices.

Guanyun's lingerie sector thrives on U.S. de minimis exemptions. Looming tariff changes could hit 1,400 firms employing 100K workers. Export-driven growth faces risks as U.S. and EU reconsider trade rules.

Temu’s U.S. Seller Program, launched in Feb 2024, offers DTC brands access to 185M global users. With fees as low as 2%, it’s a low-cost opportunity for marketing, revenue growth, and even expansion into Chinese markets.

Asos teams up with Adidas to launch a collection using its Test & React model, cutting production times and adapting quickly to trends. Facing declining sales, Asos aims to attract younger consumers with innovative strategies.

ASOS, Boozt, and Selfridges join FASHION LEAP FOR CLIMATE. About 100 brands from their portfolios will access tools and an 8-week course. Cascale adds 25 participants. Co-founders ABOUT YOU, Zalando, YOOX aim for decarbonisation industry-wide.

dm will launch its online pharmacy in Germany in 2025, tapping into the $2.7B online OTC market. As traditional pharmacies decline, dm prepares for e-health changes. CEO Werner calls health a "megatrend" reshaping market dynamics.

With TikTok’s future uncertain, beauty brands and agencies are preparing dual strategies. As ByteDance fights legal battles, brands pivot to platforms like Instagram and YouTube, ensuring resilience if TikTok’s U.S. presence ends in January 2025.

Shein partners with Reliance Retail to re-enter India, ceding customer data and local control. The platform will be audited and all operations will remain within India, supporting local manufacturing and jobs.

Alibaba sold its Intime chain for $1B, incurring a $1.3B loss, shifting focus back to e-commerce. The sale is part of its plan to cut losses and boost growth. Revenues grew 5% to $33.7B last quarter, driven by AI and cost-cutting strategies.

Adidas' German HQ was raided due to a tax probe on imported goods from 2019-2023. Offices in Herzogenaurach were searched. The company, cooperating with authorities, expects no major financial hit. Stocks remain stable despite recent scandals.

Inditex, Zara's parent, posted 7.1% sales growth to $29.1B, profits rose 8.5% to $4.7B. It now operates 5,659 stores across 45 markets. Autumn/Winter sales climbed 9% YOY, solidifying the company’s global retail dominance.

Rent the Runway grew Q3 revenue 4.7%, hitting $75.9M. A new $119/month tier aims to boost subscribers, who drive 87% of revenue. CEO Jennifer Hyman sees 2025 as a big year for growth via onboarding improvements and inventory investments.

Shein's $63B London IPO faces delays due to UK regulatory checks on supply chain oversight. Allegations of forced labor in China’s Xinjiang region have raised legal concerns. IPO approval is now targeted for early 2025.

Myntra achieved profitability in FY24 with $372M net income, up 15% revenue to $617.8M. Key costs like materials dropped 8%, while Myntra launched quick delivery services like “M-Now.” Expenses fell 3%, driving success.

Vietnam has blocked Shein and Temu from selling until they register with local e-commerce agencies. The move follows concerns about discounts and counterfeits. Both companies plan to comply but gave no timeline for resuming operations.

Zalando acquires ABOUT YOU, combining 62M customers to dominate Europe's $480B fashion market. B2B solutions SCAYLE and ZEOS create a powerhouse for brands and retailers. Co-founder Gentz calls it a leap for multi-channel business.

Debenhams hit a $3.9M profit for the year to February 2024, bouncing back from a $903K loss. While sales fell 54% to $49M, GMV soared 65% to $430M, showing strong results from its marketplace model.

About You launched a Fabletics brand store on its platform. The move is part of Fabletics' strategy to expand beyond direct-to-consumer sales. It includes an extensive marketing campaign with influencers and key European exposure.

ThredUp offloads its Remix unit for €1 and $64.7M in debt. CEO Florin Filote leads the buyout. ThredUp now focuses on its U.S. market after European revenue fell 18% to $13M. Shares surged to $200M post Q3 earnings.

Perfect Moment now offers bespoke repairs for its skiwear. The “Perfect for Longer” service includes zips, patches, and refreshes. Available in the UK and Europe, it’s free for autumn/winter 2024 buyers. Sustainability in style!

Shein, a Singapore-registered e-commerce giant, is considering pop-up stores in Poland for 2024. The move follows successful events in Europe and the U.S., with up to 3K visitors daily. Details on locations remain uncertain.

Zalando launches on TikTok Shop UK with 55 brands like Nike, Adidas, and Coach. This move aims to expand Zalando's social commerce footprint and reach new audiences, combining entertainment and sales strategies with TikTok.

FTC orders Goat to pay $2M for delayed "Instant" and "Next Day" orders and refund failures. Goat shipped late 37% of "Instant" and 16% of "Next Day" orders, despite extra fees. Refund issues highlight policy violations and poor customer service.

The EU is planning a tax or fee on ultra-low-cost e-tailers like Shein and Temu to address safety and counterfeiting concerns. Each second, 40 packages arrive in the Netherlands, prompting regulatory action for safety standards.

Abercrombie & Fitch’s sales soared 14% in Q3 to $1.2B. Net income hit $133.9M, up 37%. Both Abercrombie and Hollister brands grew double digits. Robert Ball was named CFO on Nov. 20, succeeding Scott Lipesky. The outlook for 2024 is bright.

Temu and Shein are capturing toy market share in the US and Europe with low prices and competitive search strategies. Both companies are growing rapidly, competing against Amazon and Walmart while attracting sellers with low fees.

Next selects Zeos for fulfilling its online orders in continental Europe. Starting Q4 2025, the partnership will simplify logistics and improve delivery speed. Zeos, Zalando's B2B unit, strengthens its role in EU retail logistics.