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.
German e-commerce rebounds with footwear and fashion outperforming
Germany’s online retail sector returned to steady growth in 2025, with fashion and footwear once again outpacing the overall market, a survey by BEVH, the German e-commerce and dstance selling association, and the EHI research institute showed. After several turbulent years marked by inflation and weakened consumer confidence, online retail ...
Debenhams plans £35m equity raise to bolster balance sheet
Debenhams Group, formerly known as Boohoo, is raising £35 million (€40m) from shareholders in an attempt to cut debt and accelerate its turnaround plan.
German consumers turn to Temu and Shein amid financial pressure
Economic pressure is a decisive factor for German shoppers, who continue to turn to discount platforms such as Temu and Shein despite persisting concerns over product quality and safety, surveys by the federal association of e-commerce and mail order trade, BEVH, show.