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Depop acquisition to protect, extend eBay’s lead in secondhand market

eBay's acquisition of Depop puts it in a stronger position as it looks to deepen its presence in secondhand clothing and footwear, says GlobalData.

Latest news

January UK retail sales rise as post-holiday demand improves

UK retail sales showed an encouraging start to 2026 with January volumes rising 1.8% after a marginal increase in December and a decline in November.

Lever Style says ‘asset-light’ model was saving grace amid tariff turmoil

Hong-Kong based garment maker Lever Style says it believes the US could tip into a recession which will have a knock-on effect on brands and supply chains, warning that brands must evolve to an asset-light model.

New brands join Circ’s Fibre Club to boost textile recycling

Textile recycler Circ has expanded its Fibre Club programme, introducing a new group of brand and supply chain partners to further its textile-to-textile recycling strategy.

Delta Galil posts record sales and margins in FY25, net income slips

Israeli textile firm Delta Galil Industries has concluded fiscal year 2025 (FY25) with record sales and improved gross margins, even as operating and net profits saw a modest decline compared to the previous year.