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

Deals & Acquisitions

🤝 eBay has completed its $1.2bn acquisition of Depop from Etsy, closing the deal after CMA clearance earlier this month. (source)

Revenue & Financial Updates

📈 Hermès reported a 7% rise in sales, driven by continued demand for Birkin bags and a recovery in tourism-driven spending. (source)

💎 Prada posted first-half revenue of €3.05bn, up 16% at constant exchange rates, as the Italian luxury group continued to outpace the broader sector. (source)

👔 Zegna delivered a 17% jump in sales, shaking off luxury headwinds as demand for the Italian menswear brand accelerated. (source)

📊 Mango reported first-half revenue up 10.7%, keeping its €4bn annual sales target in sight. The Spanish fashion group hailed growth ahead of the wider market. (source) (source)

💄 L'Oréal reported sales growth driven by a haircare boom and the "lipstick effect," as consumers continued to prioritise beauty spending. (source)

👟 Deckers Brands posted Q1 FY27 results with continued momentum at HOKA and UGG driving performance. (source)

👕 Crocs brand surpassed $1bn in quarterly revenue for the first time, as the parent company reported record Q2 revenue of $1.18bn, up 2.6% year on year. Direct-to-consumer revenues grew 12%, and the company raised its full-year guidance. (source)

adidas saw its shares fall after World Cup sponsorship spend dented profits, despite the brand benefiting from strong consumer engagement during the tournament. (source)

📉 SHEIN slipped into the red with a Q1 loss of $99m, compared to a $395m profit a year earlier, as US import tariffs and the ongoing US-China trade tensions hit the ultra-fast-fashion group ahead of its planned Hong Kong IPO. (source)

Delivery & Logistics

🚀 Amazon has launched rapid delivery in Manchester, expanding its ultra-fast grocery and essentials service to another major UK city. (source)

Marketplaces & Platforms

🛒 DoorDash has integrated with Shopify, enabling on-demand delivery for millions of Shopify merchants through the DoorDash platform. (source)

📱 TikTok Shop had a busy week: the platform is piloting alcohol sales with three-stage age checks, testing a new Plus shipping benefits programme in the US, and reported that 300,000 UK SMEs are now active on the platform, with live shopping up 55% year on year. (source) (source) (source)

🌍 Vinted is testing its business model in the United States, marking a major expansion push for the European secondhand marketplace. (source)

Partnerships & Campaigns

🏈 Abercrombie & Fitch is leaning on NFL players to defend its denim franchise, tapping American football stars for its latest marketing campaign. (source)

International Expansion & Store Openings

🏬 SKIMS has opened its first UK flagship store on London's Regent Street. Primark turned the launch into a marketing opportunity, capitalising on the buzz around the opening. The budget retailer is also approaching its 500th store milestone globally. (source) (source) (source)

🇪🇸 Bershka is preparing for a US launch, debuting its new store concept first in Spain ahead of the American rollout. (source)

🇮🇳 UNIQLO is targeting more than 100 stores in India by 2031, as the Japanese retailer accelerates its expansion in one of the world's fastest-growing consumer markets. (source)

🇨🇳 Birkenstock has opened its first community experience store in China, blending retail with brand storytelling. (source)

🇦🇺 Bardot has launched dedicated online destinations for Europe and the UK, expanding the Australian fashion brand's international reach. (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

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