Asos seeks £7m in US tariff refunds as H1 losses narrow
Asos is seeking refunds for the £7m (€8.1m) in US tariffs paid during the first half of its fiscal year as it also reported narrower interim losses.
Spartoo's earnings improve on cost control
In 2025, Spartoo posted a 7.3 percent year-over-year decline in gross merchandise value (GMV) to €171.2 million as the business-to-consumer channel fell by 10.0 percent to €149.9 million. The turnover from third-party services advanced by 19.1 percent to €21.7 million, as the business gained 46 new clients during 2025 ...
European shoemakers call for rapid introduction of 'deemed importer' designation
Alongside 15 other trade associations of the European Union, the European Footwear Confederation (CEC) has signed an industry statement calling for the rapid introduction of the EU’s “deemed importer” designation.
Zalando enjoyed efficiency and productivity gains thanks to AI in 2025
Zalando announced that it used AI to ”drive efficiency and productivity gains across its entire business” during 2025 and expects to achieve its target of €100 million in synergies from the acquisition of About You as soon as 2028, a full year earlier than planned.
Otto to axe nearly 460 jobs to reduce costs
Otto Group will cut nearly 460 additional full‑time jobs, largely at its Hamburg headquarters, as part of a sweeping restructuring program aimed at lowering costs and responding to weakening consumer demand and growing international competition.