PARIS — French contemporary conglomerate SMCP posted weaker fourth-quarter sales as its exit from BHV, following the department store’s deal with Shein, weighed on performance in its home country. The group’s sales dipped 1.2 percent at constant currency to 322 million euros after shuttering 26 points of sale across its brands — Sandro, Maje, Claudie Pierlot and Fursac — in all department stores owned by BHV parent company Société des Grands Magasins across the country in the three months to Dec. 31. More ...

欧盟近日正式批准小包进口关税新规，宣布自2026年7月1日起废除价值150欧元以下包裹的关税豁免政 策，作为缓冲，欧盟设置了两年的过渡期（2026年7月1日至2028年6月30日）。这标志着支撑中欧跨境 电商多年的小额免税红利彻底终结。 过渡期内（2026年7月1日至2028年6月30日）： 对价值≤150欧元、直接寄给欧盟消费者的小包裹，将按商品类别统一征收3欧元固定关税，单一包裹中 不同类别的商品需分别计税。例如，一个包含真丝上衣和羊毛上衣的包裹，因分属两类商品，需缴纳6 欧元关税。 除了关税成本，卖家还面临平台端的双重挤压： 面对系统性挑战，卖家需从"价格战"转向"价值战"，通过海外仓布局与合规化运营构建核心竞争力。 海外仓：降本增效的核心支点 在此背景下，海外仓模式的优势在新政下被放大： 物流成本优化：批量海运至欧洲海外仓的头程成本，远低于单个小包直邮。更重要的是，通过欧盟境内 仓库发货的包裹，处理费可降至0.5欧元/件（直邮为2欧元/件）。 这一政策适用范围极广，覆盖了适用IOSS机制的商品和传统邮政包裹，几乎没有避税空间。 与此同时，新政将对行业产生深远影响。据测算，Temu、Shein等平台发往 ...

举例来说，一个同时装有真丝上衣和羊毛上衣的包裹，因分属两类商品，需合计缴纳6欧元关税。 需特别注意的是，此次过渡期3欧元固定关税无任何豁免情形，即便属于以下特殊征管场景的商品，仍需按规缴纳： 1. 适用《Directive 2006/112/EC》第143条(1)(ca)项免征增值税条款的商品； 2. 在欧盟IOSS（进口一站式增值税申报）机制下，由跨境电商平台代收代缴增值税的远程进口销售商品； 近日，欧盟最新跨境电商进口监管改革方案正式生效，核心变革在于废除长期实施的"价值低于150欧元小包裹关税豁免"政策，同步明确了过渡性征税措 施与长期监管目标。 欧盟作为全球最大的跨境电商消费市场之一，此次新政将对全球布局欧盟市场的跨境电商平台、卖家产生深远且直接的影响，其中低客单价、薄利润、依 赖直邮模式的经营主体受到的冲击最为显著。 01 150欧元免税时代落幕，缓冲两年 为降低政策突变带来的行业震荡，欧盟设置了为期两年的过渡期，具体时间为2026年7月1日至2028年6月30日。过渡期内，对价值≤150欧元、直接寄送给 欧盟消费者的小包裹，将按商品类别（海关税则小项）统一征收3欧元固定关税，若单一包裹包含不同类别 ...

Core Viewpoint - TJX Cos has forecasted annual sales and profit below Wall Street estimates, indicating strained discretionary spending among budget-conscious consumers amid economic uncertainty [1][2] Group 1: Sales and Profit Forecast - The company expects annual comparable sales to rise between 2% and 3%, lower than analysts' average estimate of 3.5% growth [3] - Earnings per share for fiscal 2027 are forecasted to be between $4.93 and $5.02, compared to analysts' average estimate of $5.18 per share [3] Group 2: Market Conditions and Competition - There are growing concerns over declining discretionary purchases as living costs rise, leading to smaller basket sizes and softer demand among lower-income shoppers [2] - The company faces intense competition from rivals such as Ross Stores, Burlington Stores, Amazon.com, and fast-fashion chains like Shein, all expanding their discount offerings [3] Group 3: Recent Performance and Market Reaction - TJX reported a quarterly comparable sales increase of 5%, exceeding the estimate of 3.6% growth [4] - Adjusted earnings per share for the fourth quarter were $1.43, surpassing the expectation of $1.39 per share [5] - Overall store traffic increased by 2.8% at TJ Maxx and 3.3% at Marshalls compared to the previous year, boosted by the holiday season [5] - The company announced an additional share repurchase plan of up to $3 billion [5]

But Xu said that Shein also wants to deepen its participation in “cross-border e-commerce and industrial belt” pilot programs over the next three years to help more small- and medium-sized companies benefit from the “digital transformation of traditional manufacturing” that has contributed to the company’s global dominance, building a “world-class fashion industry cluster” that will hone Guangdong’s multidisciplinary talent and enable the province to “go global steadily and sustainably.”Doing so has allowed ...

Core Insights - Amazon has surpassed Walmart in annual revenue for the first time in 13 years, reporting $716.9 billion in revenue for fiscal year 2025, a 12% increase year over year, compared to Walmart's $713.2 billion, which grew by 4.7% [2][3] - Shein is focusing on enhancing its supplier network and manufacturing efficiency, investing over $42 million in its Supplier Community Empowerment Program (SCEP) to modernize factories and improve working conditions [4][5] - The global e-commerce market is projected to grow from $25.93 trillion in 2023 to $83.26 trillion by 2030, indicating a significant opportunity for companies that innovate and adapt to changing consumer behaviors [14] Amazon's Performance - Amazon's revenue growth has allowed it to overtake Walmart, highlighting the competitive nature of the retail industry [3] - The company is heavily investing in logistics, AI, and cloud services, with Amazon Web Services (AWS) experiencing a 24% sales increase in Q4 2025, marking the fastest growth in over three years [12][13] - Amazon plans to invest approximately $200 billion in capital expenditures in 2026, anticipating strong long-term returns [13] Shein's Strategic Initiatives - Shein's SCEP has modernized over 200 supplier factories, benefiting around 33,600 workers through improved working conditions [5] - The program has also focused on workforce training, conducting over 300 vocational sessions for more than 13,000 participants and introducing at least 180 new tools to enhance operational efficiency [7] - Shein has implemented support programs for workers and their families, including financial assistance for education and medical expenses, with over $800,000 in grants distributed in 2025 [9] Walmart's Adaptation - Walmart is modernizing its operations to remain competitive in the digital retail environment, contributing to a 24% global e-commerce growth in Q4 [10][11] - The competition between Amazon and Walmart remains fierce, with both companies leveraging their unique advantages in technology and scale [16] Industry Trends - Continuous innovation is essential for survival in the retail sector, as highlighted by Amazon's recent success [14] - The retail landscape is increasingly rewarding adaptability and technology, with companies needing to focus on customer experiences to thrive [15]

Primark is under extreme pressure from Shein and Temu as cash-strapped customers hunt for dealsAfter decades as the high street's go-to for budget clothing, Primark's owners could make some big changes to win back shoppers https://t.co/34R3TFRpXn https://t.co/fAk2Wqp9gi ...

Shein and Temu are encroaching on the fast-fashion market that Primark has long dominated https://t.co/80LQsubRO1 ...

Group 1 - Etsy is selling Depop, a secondhand clothing app, to eBay for $1.2 billion in cash to focus on its own marketplace [1] - Depop generated approximately $1 billion in gross merchandise sales in 2025, with nearly 60% year-over-year growth in the U.S. [2] - As of December 31, 2025, Depop had seven million active buyers, with nearly 90% under 34 years old, and over three million active sellers [2] Group 2 - eBay CEO Jamie Iannone expressed confidence that Depop will benefit from eBay's scale and operational capabilities, positioning it for long-term growth [3] - Etsy's year-over-year revenue growth was 2.2% in 2024, a decline from 7.1% growth in 2023 [4] - Etsy CEO Kruti Patel Goyal stated that the transaction allows the company to focus on growing the Etsy marketplace [5] Group 3 - The sale of Depop is part of a pattern where Etsy has acquired and then divested niche online marketplaces, including Elo7 and Reverb [8] - The deal is expected to close in the second quarter of this year [9]

Shein under EU investigation over childlike sex dolls https://t.co/RiNefidfxU ...