Welcome to another exciting week in the world of eCommerce and retail.

✦ Deals, Acquisitions, & Legal

❌ eBay has rejected GameStop's surprise £41bn takeover bid, with the board calling the unsolicited proposal "neither credible nor attractive" after reviewing it with advisers. (source)

⚖️ SHEIN and Temu are locked in a legal battle at London's High Court, after SHEIN accused Temu of large-scale copyright infringement. Temu has countered by alleging SHEIN is using litigation tactics to cripple competition. The case has global implications for e-commerce platform practices, supplier relationships and IP enforcement. (source)

✦ Revenue & Financial Updates

📈 On, the Swiss sportswear brand, has reported record Q1 sales and profits for the three months to March 2026, despite the departure of CEO Martin Hoffmann. The results signal continued momentum for the brand as it navigates a leadership transition. (source)

📉 Douglas reported a larger than expected Q2 net loss of €10m, double the €5m analysts had forecast. The German premium beauty retailer had already cut its 2026 guidance in April, citing shifts in the premium beauty market and the broader geopolitical and economic environment. (source)

📈 ASICS reported 21.2% Q1 revenue growth in the EMEA region, excluding its Onitsuka Tiger brand. The Japanese sporting-goods giant delivered profitable growth across all categories, with wholesale channel revenues up 29.4% year on year. (source)

📈 JD.com surpassed Q1 revenue and profit expectations with quarterly revenue of $46.47bn, defying China's economic headwinds. Separately, CHANEL has launched an official Fragrance & Beauty flagship store on JD.com, giving shoppers access to its fragrance, makeup and skincare ranges through the platform. (source) (source)

📊 Walmart+ membership has reached an estimated 30.7m users, the highest level recorded in recent surveys, with growth accelerating to around 17% year on year. The figures suggest retail membership programmes are still scaling despite a maturing market. (source)

🌍 Allegro, one of Poland's biggest e-commerce platform, has raised its 2026 targets for international markets after trading volumes accelerated. GMV in Allegro's international marketplaces jumped 46.3% to $222m in Q1. (source)

💰 Next is raising prices by up to 8% in some markets outside Europe starting in May, citing higher fuel costs and supply chain disruptions caused by the continued closure of the Strait of Hormuz. The British retailer is, however, performing better than expected in its home UK market. (source)

✦ International Expansion & People Moves

🏬 Primark has opened a new flagship store in Manhattan's Penn District, bringing its US store count to 40 locations across 13 states. The opening follows a string of recent launches in Florida, Illinois and Texas. (source)

🇪🇸 FitFlop has opened its first store in Spain, in Puerto Banús, Marbella, as part of the British footwear brand's European retail expansion strategy. (source)

🇪🇸 Montirex, the British sportswear brand, has chosen Spain as a key market in its European expansion, leveraging JD Sports' international distribution network for its launch across the country. (source)

👔 Boots has appointed outgoing Currys CEO Alex Baldock to lead the British pharmacy chain as it prepares for a potential London IPO. (source)

✦ Partnerships & Marketplaces

🛒 Uber Eats has added more than 1,500 Ulta Beauty stores to its marketplace, offering on-demand and scheduled delivery of beauty and wellness products including makeup, skincare, haircare and fragrance across the US. The launch was timed for Mother's Day. (source)

🛒 Urban Outfitters has launched a nationwide on-demand partnership with DoorDash, giving customers access to its fashion, accessories, beauty and lifestyle assortment through the delivery platform. The "Deliver Joy" campaign targets Gen Z shoppers, with YouGov data showing nearly two in five order delivery weekly. (source)

🛒 River Island has joined the Brands at M&S marketplace, the latest addition to Marks & Spencer's growing third-party platform. (source)

🛒 Deliveroo is launching "Bundles," a new feature allowing customers to shop from up to three stores in a single basket with no extra delivery fee. The feature is currently being tested across the UK and Ireland with grocery shoppers. (source)

🚗 Hertz is expanding its online presence by launching a dedicated car sales storefront on eBay, giving shoppers access to more than 8,000 Hertz Certified vehicles through the platform. (source)

💄 Paula's Choice has been named the Official Skincare Sponsor of the FIFA World Cup 2026 and FIFA Women's World Cup 2027. The deal marks a notable crossover between the skincare category and global sport. (source)

That's a wrap for this week! If you found this useful or if you have any feedback, hit reply and let me know, or share it with someone in the industry who'd enjoy the read. See you next Friday. 📬

Thanks - Sue