Mytheresa credits “big spenders” in the U.S. and Europe for its Q4 sales surge. CEO Michael Kliger highlights strong demand in bags and accessories, while China lags.

The logistics giant raised its outlook after Q1 profits tripled to $2.2B, driven by booming e-commerce and a rebound in global trade. CEO Frank Appel expects further growth.

Swiggy's stock dropped to ₹374.80 ($4.29), below its IPO price of ₹390. Market cap shrank to $9.75B as Instamart lost market share to Blinkit and Zepto.

Farfetch's Q1 GMV rose 1.7% to $930.8M, but macro challenges hit margins. CEO José Neves remains focused on long-term growth, despite uncertainties in China and Russia.

Under Armour’s net revenue fell 5.7% to $1.4B in Q3, with e-commerce sales down 20%. CEO Kevin Plank plans to expand wholesale partnerships in 2025.

Amazon’s Q4 2024 revenue is set to hit $187B, surpassing Walmart’s $180B. Only four S&P 500 companies crossed the $100B mark this quarter, with Apple and UnitedHealth joining.

FedEx and UPS shipping rates will rise by 5.9% in 2025, with lightweight and bulky packages facing higher surcharges. Experts say pricing pressure will impact e-commerce shippers.

UPS plans to cut Amazon deliveries by 50% by 2025, aiming for profitability. Revenue forecast falls short at $89B, missing analysts' $94.88B estimate.

Checkout.com turned profitable in late 2024 and aims for full-year profitability in 2025 but has no IPO plans, says Chief Product Officer Meron Colbeci.

PLT reduces workforce at Manchester HQ; Frasers Group questions undisclosed $2.5M consultancy fees to founder's son, Umar Kamani.

In 2023/2024, INTERSPORT Germany achieved sales of $3.8B, maintaining its previous year's record despite economic downturns, as reported in their press release on January 28, 2025.

Adidas Q4 sales surged 24% to $6.2B, while Puma grew 9.8%, missing expectations. Puma's profit fell 7.5%, as Adidas capitalized on retro styles and innovation.

Amazon buys Axio to expand financial services in India. Axio serves 10M users with a $260M loan book, bridging India’s credit gap.

Instagram’s $71B revenue leads social platforms, beating YouTube and TikTok. By 2025, it will drive 50% of Meta’s US ad revenue, powered by Reels.

Alibaba aims to raise $2B through Cainiao's IPO in Hong Kong. The logistics arm handles services for platforms like Taobao and Tmall and external clients.

French startup Epicery shuts down, citing financial challenges from inflation and competition. The firm leaves behind a legacy of empowering local food shops.

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.

Meta has been fined €251M ($267M) for a 2018 data breach that exposed 29M accounts, including 3M in Europe. The Irish regulator cited multiple GDPR violations. Meta claims it acted swiftly and plans to appeal the decision.

PayPal will raise fees for U.S. merchants using its services like BNPL and advanced card payments. The BNPL fee jumps to 4.99% + $0.49 per transaction. The changes start Jan. 13, 2024, under CEO Alex Chriss's focus on profitability.

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.

Mirakl reached $10B GMV in 2024 and achieved $100M GMV on Black Friday, up 30% YoY. In Europe, GMV rose 43%, while DACH regions led with 61%. Personal shopping and premium items like gift cards drove growth.

Instacart’s valuation dropped to $13B, down from $39B in 2021. The company filed for an IPO, cut staff by 3K, and reduced costs amid market volatility. Employee shares form the majority of the IPO, impacting investor expectations.

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.

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.

MercadoLibre and Nubank battle for Latin America's fintech market, with $94B and $57B valuations. MercadoLibre leads in data mining; Nubank excels in unbanked outreach. Their rivalry may hinder new fintech entrants in the region.

Amazon and Meta each pledged $1M to Trump’s fund. Jeff Bezos is also in talks to meet with the president-elect. This marks a shift in Big Tech’s relationship with Trump, aiming for closer ties with his administration.

Etsy promotes Kruti Patel Goyal to chief growth officer, names Lanny Baker CFO, and appoints Brad Minor as CMO. The shakeup follows mixed Q3 results, including $662.4M in revenue but a $30.5M net income drop.

Zomato now holds 57% of India's food delivery market, surpassing Swiggy. In FY24, Zomato’s GOV grew 22% YoY, outpacing Swiggy’s 14%. Goldman Sachs highlighted Zomato's profitability, faster growth, and 31% CAGR projection.

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.

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.

Temu's pricing cuts Anker headphones by 20% below Amazon. Temu's strategy of no fees helps sellers maintain profits. Meanwhile, Huakai Yibai's Q3 revenue from Temu hit $12.64M, though profits dipped 40% due to rising costs.

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.

Zomato raised $1B via institutional placement at $3/share. Top investors include Motilal Oswal (20.8%). The move shifts Zomato to a domestic company, empowering its quick-commerce unit Blinkit. Rival Swiggy recently raised $1.35B.

Shein and Temu’s aggressive keyword bidding drove Black Friday CPC up 16x in two years. Retailers adjusted budgets, targeting Meta, TikTok, and loyalty programs. The move comes ahead of proposed tariffs, threatening cost-sensitive strategies.

Zepto raised $350M in new funding, keeping its $5B valuation. It plans to go public in 2025. With 7M daily orders, it eyes $2B in annual sales. But rising costs, regulatory hurdles, and threats to mom-and-pop shops shadow its rapid growth.

Arzooo, a startup helping small Indian retailers, has sold its assets in a distressed deal to Moksha Group. Once valued at $310M, it had raised $90M from notable investors. The terms of the sale were not disclosed by either party.

Zomato expects 30% yearly growth for 5 years, driven by innovation and a market share of 58%. With a gross order value of $3.8B, the company plans an $8.5B QIP in December. Morgan Stanley raises price target to $4.3.

Asos CEO José Antonio Ramos Calamonte saw a 43% pay increase to $1.5M, while the company reported a $481M loss for FY2024. Sales fell 18% to $3.7B. Despite this, Asos highlights progress in profitability and inventory management.

Mytheresa's Q1 FY25 net sales rose 7.6% to $217M, with a gross profit margin of 43.9%. CEO Michael Kliger credits momentum since FY24 Q3. New brand Mei Lin Shi and WeChat program target China. Full-year growth is forecasted at 7%-13%.

PDD's Q3 revenue of $13.7B missed forecasts, leading to a 10% stock drop. Revenue growth slowed to 44%, with intensified competition from Amazon and Alibaba. U.S. trade policies and China's weak economy add further pressure.

Alibaba’s Q3 profits rose 58% to $6B on strong cloud and e-commerce growth. The company also plans a $5B dual-currency bond deal to fund further investments in AI and international expansion. CEO Wu calls AI a “once-in-20-years opportunity.”

Walmart’s Q3 revenue hit $169.6B, a 5.5% rise, with e-commerce sales soaring 27%. U.S. net sales climbed 5%, with 42% marketplace growth. Expedited delivery saw over 30% adoption. Analysts credit store upgrades and a growing ad business for success.

Boohoo raised around £33.3M on November 14, 2024. An additional £6M comes from a retail offer closing soon. CEO Dan Finley highlighted strong shareholder support. The funds will reduce borrowings and strengthen the balance sheet.

Klarna has filed plans for a U.S. IPO, valuing the firm at $14.6B, a rise from $6.7B in 2022. The company reported 27% revenue growth and $66M in profits in August. Expectations point to an IPO within the first half of 2025.

Instacart reported $1.6B in revenue for Q3 2024, with a 10% order growth. The company expects $8.5-8.65B for Q4. CEO Fidji Simo stated ongoing AI investments drive profitability, but investors get cautious.

In the first half of fiscal 2025, Richemont reported €10.1B ($10.7B) in sales, a 1% drop. Their watch division saw a 17% decline, pushing operating profit down to €2.2B ($2.3B). Declines are driven by weak sales in China, down 27% year-over-year.

Talabat, a food delivery service owned by Delivery Hero, is set to launch a $1B IPO on the Dubai Stock Exchange this December. This includes selling 15% of its shares. The firm aims to distribute $100M in dividends by April 2025, rapidly expanding in the UAE and four other Middle Eastern countries.

On Nov 12, 2024, Landmark Group announced a $1B investment to open 400 shops in the Gulf, India, and Southeast Asia. This three-year plan boosts retail by 20% by 2028. Its online sales grow over 20% yearly, says CEO Kabir Lumba.

Zalando partners with Adyen for local payments, enhancing user experience across 15 countries. This partnership promises more secure payment options and higher authorization rates. Key leaders express excitement for improved services.

On 14th November 2024, Assos of Switzerland filed a lawsuit against Asos. The legal battle is over breach of contract. This marks a repeat conflict since Asos paid $25.8M in 2016 to settle previous trademark issues. Assos is owned by TZP Group.