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Bestseller invests 3 million dollars in regenerative agriculture in South Africa

Danish fashion conglomerate Bestseller has announced it is investing 3 million US dollars in the Regenerative Fund for Nature to support regenerative agriculture projects in South Africa’s Eastern Cape. The funds will be used to support local sheep farmers and shepherds, aiding them with land regeneration and enhancing overall living conditions...

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Irish watchdog launches investigation into Shein over customer data handling

An Ireland-based watchdog has launched an investigation into Infinite Styles Services Co. Ltd., the Irish arm of Shein, over concerns of its handling of EU customer data. The Data Protection Commission (DPC) has opened the investigation under the Data Protection Act 2018, and has said it will examine how Shein Ireland transfers personal data of...

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Primark commits to 85 million euro investment in Spain and Portugal

Madrid – As part of its sustained commitment to the Spanish and Portuguese markets, Primark's management for Iberia has just announced an investment of over 85 million euros (100 million dollars) in its businesses in both countries. These funds will be used for the refurbishment of part of its current store portfolio and for the opening of new...

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Amazon to invest 15 billion euros in France expansion

Amazon announced Tuesday it would invest more than 15 billion euros (18 billion dollars) in France over the next three years, creating more than 7,000 jobs, according to a statement sent to AFP. The investment would support the construction of new logistics sites, the development of cloud and artificial intelligence capabilities, and...

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Adidas US appeal attempt against Thom Browne blocked

A long-running trademark dispute between Adidas and Thom Browne has moved closer to a conclusion, after a US appeals court upheld an earlier ruling in favour of the luxury label. In a decision issued on April 29, the US Court of Appeals for the Second Circuit confirmed that the case would not be reopened, backing a 2023 jury verdict which found...

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Pandora reports 2 percent organic growth amid strategic transition

Danish jewellery brand Pandora has reported organic growth of 2 percent for the first quarter of 2026, a result comprised of flat like-for-like (LFL) growth and a 2 percent contribution from network expansion. Despite significant external headwinds, the group maintained solid profitability. Performance varied across geographical regions, with...

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Authentic Brands Group eyes IPO as sales outpace expectations

Jamie Salter, the chief executive of Authentic Brands Group, has said the company is planning to go public soon as it outpaces its five-year goal of achieving 100 billion dollars in sales. Speaking at the Reuters Momentum AI event, Salter said the target will be reached quicker if “we pull off the deals that we’re currently working on”, which...

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US footwear sales reports “modest” Q1 growth

Rising prices and a strengthening in the performance segment delivered “modest” growth across the US footwear industry in the first quarter of 2026. Circana’s Retail Tracking Service data show that total US footwear sales increased by 1 percent in Q1 versus the same period last year, while overall units sold declined, and higher average selling...

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Restructuring: LVMH could sell Marc Jacobs and its stake in Fenty Beauty

The plan, which was already announced in July 2025, now seems to be taking shape. American label Marc Jacobs could soon no longer be part of the LVMH group's portfolio. According to a report by the Financial Times, LVMH is considering the sale of the fashion brand, as well as cosmetics and alcoholic beverage brands, as part of a major...

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ThredUp records Q1 revenue growth of 15 percent

US resale platform ThredUp has announced its financial results for the first quarter ended March 31, 2026, reporting revenue of 81.70 million dollars. This represents a 15 percent increase year-over-year (YoY) as the company achieved a record month for new buyer acquisition. Gross profit for the period totaled 64.70 million dollars, also...

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Zalando increases quarterly revenue by almost 24 percent following About You acquisition

Berlin-based online fashion retailer Zalando SE has closed the first quarter of the 2026 financial year with a significant increase in revenue and operating profit, as expected. However, negative one-off effects resulted in a significant net loss. In light of the current results, published on Wednesday, the management maintained its annual...

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Revolve Group reports 16 percent net sales increase for first quarter

US-based fashion retailer Revolve Group has announced its financial results for the first quarter ended March 31, 2026, reporting a 16 percent year-over-year (YoY) increase in net sales to 342.90 million dollars. The company, which caters primarily to Millennial and Gen Z consumers, noted that the performance exceeded the 10 percent YoY growth...