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

✦ Sustainability & Resale

📦 Vinted says sellers earned €10.8bn through the platform in 2025, while buying on Vinted is said to have saved consumers €21.6bn. The figures come from the platform's annual impact report, highlighting the scale of second-hand fashion at a time of consumer budget pressure. (source)

♻️ Primark, H&M, Vinted, Arc'teryx, Etsy and Zalando are among 68 organisations calling on governments across the EU, US and Canada to stop penalising resale and repair. Research from the Ellen MacArthur Foundation suggests the current system makes it more profitable to produce new clothing than to repair or resell existing items, despite growing consumer demand for sustainable options. (source)

✦ Revenue & Financial Updates

📈 e.l.f. Beauty surpassed Wall Street estimates, with Q4 net sales up 35% to $449.3m and full-year sales up 25% to $1.63bn, marking the company's seventh consecutive year of 20%+ net sales growth. The company expects around $55m in tariff refunds and is testing sharper price points. Rhode, acquired in 2025, grew 80% in FY26. E.l.f. has also diversified its manufacturing, with 45% now outside China. (source)

📈 Ralph Lauren has surpassed $8bn in annual revenue, with Q4 sales rising 17% to $2bn. The company achieved this while continuing to increase average unit retail prices in the midteens, as it deemphasised price promotions to move goods. (source)

📈 Urban Outfitters posted record Q1 sales of $1.48bn, up 11.4% year on year, consolidating growth across all brands and channels. (source)

🛒 Walmart reported a 7.3% revenue increase to $177.8bn in Q1 and reiterated its full-year outlook. However, fuel-driven budget pressure is changing consumer behaviour, with fuel purchases dropping below 10 gallons per transaction as household budgets tighten. (source)

📈 Dr Martens has returned to profit growth with a 61% increase, as its turnaround strategy continues to gain traction. CEO Ije Nwokorie said the brand is focused on scaling through new products, demographics and concept stores, and believes it can "command an even higher premium." (source)

💄 CHANEL reported 2025 revenues of $19.3bn, up 2% on 2024, with operating profit rising 5% to $4.7bn. Growth was driven by demand for fragrance and skincare. (source)

📊 Very Group returned to growth with revenue up 0.3% to £1.608bn. Home was a bright spot, up 6.3% year on year, while Sports rose 7.5% following the introduction of new brands. However, Fashion and Sports combined declined 4.5% in a tough market. (source)

📈 Amer Sports, parent company of Salomon, Arc'teryx and Wilson, reported revenue up by a third in Q1 and raised its full-year forecast. Performance was driven by strong demand in China and growing appetite for outdoor and sports apparel globally. (source)

✦ Partnerships & Marketplaces

🏬 Nike has joined Marks & Spencer's online marketplace Brands at M&S, the latest major brand to bolster M&S's growing sportswear offering. (source)

👗 Zara has confirmed the launch of a collaborative collection with singer and rapper Bad Bunny on 21st May. (source)

📱 Just Eat Takeaway.com has become the first European food delivery platform to launch ordering via WhatsApp, through a partnership with Meta. The pilot is rolling out in Spain and the Netherlands in the coming months. (source)

🏎️ Gucci is in talks with the Alpine F1 team over a sponsorship deal that would feature the Kering-owned luxury brand on the team's racing cars. (source)

✦ Payments & Consumer Trends

💳 BNPL usage surged in Q1 as middle-income shoppers increased adoption. Klarna reported GMV of $33.7bn, up 33% year on year, while Affirm hit $11.6bn, up 35% and its 10th straight quarter of 30%+ growth. New reports indicate BNPL uptake among middle-income households has particularly accelerated. (source)

📊 TikTok Shop says US small business sales climbed 66% in 2025 compared to the prior year, even as bigger brands continue to flock to the platform. TikTok Shop now has more than 215,000 small businesses actively selling in the US, up 25% year on year. (source)

✦ Deals & Acquisitions

💰 SHEIN is reportedly aiming to acquire Everlane in a deal worth $100m. The potential acquisition would add a sustainability-focused brand to the fast fashion retailer's portfolio. (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