All E-Commerce & DTC articles – Page 3
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Shein and Temu to hike US prices
The Chinese fast fashion giants Shein and Temu have warned US shoppers of upcoming price hikes starting April 25 due to steep new tariffs imposed by the administration of US President Donald Trump. The administration’s decision to remove the “de minimis” duty-free threshold and to introduce levies reaching up ...
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ArticleC-Suite interview: Rohde expects to continue growing in 2025
After increasing revenues by 4.5 percent in 2024 to €24.2 million, Rohde expects to continue growing this year as it expands its fledgling US and online businesses. “In 2025, we should go up by another 10-11 percent to €27 million in turnover,’ says the Chief Executive Officer, Renato Lo Presti, ...
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Spartoo voted best e-commerce site by French magazine
Spartoo was voted best e-commerce site in the 2025 ranking of Capital, a French monthly economic magazine. The French retailer topped the ranking in the multi-brand footwear category for the fifth year in a row, with an improved score of 8.5/10. Across all categories, Spartoo also ranked first overall, out ...
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ArticleSpartoo’s sales drop but its cash flow improves
In 2024, Spartoo suffered a 7.7 percent decline in gross merchandise value (GMV) to €184.7 million, resulting in an 8.7 percent drop in revenues to €130.5 million. The French omnichannel fashion retailer generated €114.9 million of its GMV in France, down 6.9 percent year-over-year, and €69.8 million abroad, down by ...
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Asos’ key shareholders hike their stakes
Bestseller, owned by Danish billionaire Anders Holch Povlsen, increased its stake in Asos to 28.0 percent from 27.1 percent on March 17 through its subsidiary Aktieselskabet, according to bourse filing released by the London Stock Exchange on March 19. Meanwhile, on March 19, Frasers Group hiked its stake in the ...
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Asos sees H1 revenues in line, adjusted Ebitda ahead of consensus
Asos expects first-half revenue growth to be in line with market consensus and adjusted Ebitda ahead of expectations. The company-compiled consensus for the first half based on nine contributors indicates total sales growth at constant exchange rates of down 13 percent, adjusted Ebitda of £34 million (€41m) and an adjusted ...
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ArticleForever 21’s US operating company files for bankruptcy
Forever 21’s US operating company filed for bankruptcy about five years after exiting its last Chapter 11 proceedings due to fierce competition from other fast-fashion retailers such as Shein and Temu. F21 OpCo, the operator of Forever 21 stores and licensee of the brand in the US, entered into a ...
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Klarna files for IPO in New York
Klarna has applied to list its ordinary shares on the New York Stock Exchange under the symbol “KLAR” through a filing with the US Securities and Exchange Commission. The number of shares to be offered in the initial public offering (IPO) and the price range have not yet been determined, ...
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ArticleAustria loses 13% of its shoe stores as footwear retail crisis deepens
A steady wave of store closures continues to hit the Austrian footwear retail sector as brick-and-mortar sales further drop and the shoe industry gradually shifts toward online retail, with a recovery still not in sight, a survey from the market research company RegioData showed. The sector has been struggling for ...
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ArticleHow a dropshipper enables foreign footwear companies to enter the US market
“The US is a big retail machine that will continue expanding thanks to population growth. It’s possible for a fresh brand from Europe to enter the US,” explains Joseph (Joe) Trybulec, the owner of Trybulec Enterprises, which enables brands to work with leading e-commerce platforms in the US. “The US ...
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ArticleZalando sees GMV, revenues up 4-9% in 2025
Zalando expects gross merchandise volume (GMV) and revenues to grow by between 4 percent and 9 percent this year, driven by the successful execution of its ecosystem strategy across both business-to-consumer (B2C) and business-to-business (B2B) growth vectors. In 2024, the German online fashion retailer posted a GMV of €15.296 billion, ...
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Spartoo liquidates is brick-and-mortar unit
Spartoo, a French fashion online retailer, is liquidating TooStores R1, a subsidiary created in 2015 to manage physical stores. The decision involves the immediate closure of 22 points of sales, including 10 owned stores, with a total workforce of 54 employees. “Our request to open judicial liquidation proceedings concerning the ...
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ArticleAsos to mothball US distribution center at cost of £190m
Asos is mothballing its Atlanta distribution center at a cost of £190 million (€226m). The British online fashion retailer said that the bulk of US orders will now be managed by its UK fulfillment center in Barnsley from the second half of the 2025 fiscal year, supported by a “smaller, ...
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ArticleSurveys paint a bleak picture of Germany’s holiday season sales
The shopping period leading up to the holiday season has brought more disappointment than cheer for both Germany’s online retailers and brick-and-mortar stores. The grim picture was painted by two surveys: the report of the German retail association, HDE, on brick-and-mortar sales in the week leading up to Dec. 15, ...
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ArticleSwiss online retail sales set to hit a new record high
Online retail in Switzerland is set to hit a record high this year, with significant changes in consumer behavior, while Chinese e-commerce players are steadily on the rise. Footwear is following the same trend, according to a survey conducted by the University of St. Gallen among 1,334 people in the ...
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ArticleGerman companies face unprecedented supply chain challenges
German businesses are bracing for potential disruptions to global trade, with mounting concerns over geopolitical conflicts, bureaucratic hurdles, and the ongoing complexities of navigating relations with key trading partners like the US and China. These were the findings of a survey conducted from Sept. 18 to Oct. 25 by four ...
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Zappos reopens its outlet in Louisville
After two years, Zappos.com has reopened its original and only outlet store, The Outlet Powered by Zappos, in Louisville, Kentucky. The US online footwear retailer first opened the outlet in 2019 and then closed it at the end of 2022 as part of its effort to refocus its business. “Zappos ...
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ArticleFrasers urges to appoint its owner to run Boohoo
Frasers is urging Boohoo to appoint Mike Ashley as a director and CEO and name Mike Lennon, a restructuring specialist, as a board director. Ashley controls the UK sportswear retailer Frasers, which in turn is Boohoo’s largest shareholder with an about 27 percent stake. In an open letter sent to ...
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Ghost raises $40 million in funding
The private B2B marketplace for worldwide brands, Ghost, has raised $40 million in Series C funding. The funding was led by L Catterton, with participation from existing investors USV, Cathay Innovation, Equal Ventures, and Eniac, a private B2B marketplace for global brands to sell excess inventory to new buyers. Ghost’s ...
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ArticleBirkenstock starts direct sales in South Korea
On Oct. 23, Birkenstock launched a country-specific e-commerce website for South Korea as part of its strategy to bolster its presence in Asia. The website, www.birkenstock.com/kr, lays “the foundation for further expansion in the dynamically growing country, which is home to 52 million people,” explained the footwear brand. From ...
