eBay is “redefining the pre-loved fashion experience” with the launch of a wider Authenticity Guarantee in the UK. Expanding its “industry-leading authentication service”, it will now cover the entire outfit, from apparel and shoes to accessories.
It says the move “reinforces eBay’s commitment to building trust in the pre-loved market, offering shoppers even greater confidence when buying pre-loved designer fashion”.
It adds the expansion also allows the retailer to extend its expertise across the entire fashion spectrum, “marking a significant milestone for both circular fashion and pre-loved credibility”.
From now on, every eligible item will be “meticulously verified by expert authenticators before it reaches your doorstep, offering shoppers full-look confidence from head-to-toe”.
Authentication’s free for the buyer (with no hidden fees, it stresses), and the process is “fast, seamless and fully integrated into the eBay experience”.
The Authenticity Guarantee service now spans five fashion and luxury categories: sneakers from select brands listed at £100+; watches from select brands priced at £1,500+; handbags and accessories from select luxury brands; jewellery from select brands priced at £500+; and apparel, shoes and accessories from select brands priced at £200+.
Kirsty Keoghan, GM European Fashion, eBay, said: “Trust is one of the biggest hurdles in pre-loved fashion. Expanding Authenticity Guarantee to clothing gives people the confidence to buy the styles they love, from staples to statement pieces, knowing every item has been verified by experts. With whole-look authentication now possible, our goal is to make pre-loved fashion a natural first choice.”
Meanwhile, eBay said it has continued to scale the programme globally and in the April-June period, it says the programme surpassed one million items inspected in a single quarter for the first time globally, with 15 million items having been inspected to date.
And according to its latest ‘Watchlist Trend Report’, search behaviour on the platform “reflects a growing appetite for pre-loved designer fashion, spanning established legacy brands to rising accessible luxury labels”.
The Italian competition authority said on Tuesday it had opened two investigations into Swiss watchmaker Swatch and Japan’s Citizen Watch.
Reuters
The probes involve an alleged infringement of European rules on the fixing of retail prices displayed online by the groups’ authorised distributors.
The two companies may be limiting price competition among their retailers through a vertical agreement, by imposing retail prices on their distributors and adopting “retaliatory commercial measures” against those that fail to comply, the antitrust authority said in a statement.
The agency’s officials carried out inspections at the Italian offices of Swatch and Citizen on December 3.
Swatch and Citizen did not immediately respond to a request for comment.
British retail tycoon Mike Ashley has pledged around 670 million pounds ($890.6 million) worth of shares in his sportswear and fashion retailer Frasers Group Plc as collateral for a loan from HSBC, according to filing on Tuesday.
Reuters
Ashley’s holding company, MASH Beta Limited, which holds the majority of Frasers’ issued share capital, pledged about 103.6 million ordinary shares.
Frasers’ shares were down about 1.3% at 646.5 pence as of Tuesday’s last close.
This move comes after the company’s heavy investments in newer geographies and taking or increasing shareholding in recent months across companies, from fashion groups to electrical retailers. Mike Ashley holds roughly a 73% stake in Frasers, according to data compiled by LSEG.
The company whose portfolio includes Sports Direct, House of Fraser and Flannels, reaffirmed its full-year profit forecast earlier this month.
G-III Apparel on Tuesday raised its full-year earnings forecast on the back of better-than-expected earnings in the third quarter, which also saw the U.S. firm’s sales drop 9% to $988.6 million.
Courtesy
The New York-based firm logged earnings of $80.6 million, or $1.84 per diluted share during the three months ending October 31, compared to $114.8 million, or $2.55 per diluted share, in the prior year’s third quarter.
While profits were lower than the same period last year, the owner of Karl Lagerfeld, Sonia Rykiel, and DKNY brands, “delivered a strong third quarter with gross margins and earnings far exceeding our expectations,” according to said Morris Goldfarb, G-III’s chairman and chief executive officer.
“This was driven by the strength of our go-forward portfolio, particularly our owned brands, as well as a healthy mix of full-price sales and our mitigation efforts against tariffs. I am pleased with how our brands are resonating with consumers and encouraged by the solid demand we have seen throughout the holiday season to date,” continued Goldfarb, who said his company is raising its fiscal 2026 earnings guidance to “reflect our third quarter outperformance tempered by the uncertainties around the consumer environment and tariff-related margin pressures.”
In June, G-III Apparel filed a $250-million lawsuit against PVH Corp., escalating tensions between the two fashion giants with allegations of breached licensing agreements and interference in business relationships. The complaint, filed in New York state court, targets PVH and its Calvin Klein Inc. and Tommy Hilfiger licensing divisions.