As the weekend deadline for TikTok to find a buyer approaches, bidders for the short-video social media site are piling up.
Reuters
Amazon and, separately, a consortium led by OnlyFans founder Tim Stokely are the latest to throw their hats into the ring for TikTok. The site faces an April 5 deadline to reach a deal to find a non-Chinese buyer under threat of being banned from the United States.
U.S. officials have raised security concerns over the app’s ties to China, which TikTok and owner ByteDance have denied. Trump administration officials are meeting on Wednesday to discuss the various options for TikTok.
Amazon has long harbored ambitions for an in-house social media network that could help it sell more goods and appeal to a younger audience. It bought live video site Twitch in 2014 for nearly $1 billion and book review site Goodreads in 2013 as part of its efforts to build a viable social network.
Amazon also developed and tested a TikTok-like short-form video and photo feed called Inspire that it shuttered earlier this year.
Trump said last month his administration was in touch with four different groups about the sale of the platform, without identifying them.
Private equity firm Blackstone is discussing joining ByteDance’s non-Chinese shareholders, led by Susquehanna International Group and General Atlantic, in contributing fresh capital to bid for TikTok’s U.S. business, Reuters reported last week.
U.S. venture capital firm Andreessen Horowitz is also in talks to add outside funding to buy out TikTok’s Chinese investors, as part of a bid led by Oracle and other American investors to carve it out of ByteDance, the Financial Times reported on Tuesday.
White House-led talks entail plans to spin off a U.S. entity for TikTok and dilute Chinese ownership in the new business to below a 20% threshold required by U.S. law, Reuters reported last month. The New York Times first reported Amazon’s involvement on Wednesday. Various parties who have been involved in the talks do not appear to be taking Amazon’s bid seriously, the Times reported.
The future of the app used by nearly half of all Americans has been up in the air since a 2024 law, passed with overwhelming bipartisan support, required ByteDance to divest TikTok by January 19.
Washington officials have said TikTok’s ownership by ByteDance makes it beholden to the Chinese government, and Beijing could use the app to conduct influence operations against the United States and collect data on Americans.
Carolina Herrera, owned by Spanish group Puig, will present its main collection outside New York Fashion Week for the first time in its history. On Sept. 18, the fashion house will unveil its Spring/Summer 2026 line in Madrid. Founded by designer Carolina Herrera, the brand described the move as a “unique celebration of the city.”
Carolina Herrera will stage a runway show in Madrid on Sept. 18.
Over the past few years, Carolina Herrera has hosted two international runway shows: one in Rio de Janeiro for its Resort 2024 collection, and another in Mexico City for Resort 2025. The upcoming Madrid show will mark a milestone for the brand, as it experiments with staging a main collection abroad while still planning to return to New York Fashion Week in 2026.
“This will be our third destination show, and it felt like the right time to experiment further and take a main collection abroad, even though we remain deeply committed to New York Fashion Week,” said Wes Gordon, creative director of Carolina Herrera. As a tribute to its American roots, the brand will also organize a private client event in the U.S. ahead of the Madrid presentation.
While the venue for the Madrid show has not yet been disclosed, Gordon hinted that it will take place in an “iconically Madrilenian” setting. “Madrid has always been one of my favorite cities in the world—rich in history, art, and culture. It’s home to incredible creatives with a unique approach to beauty and joy,” said Gordon. “Every time I visit, I leave fully recharged with inspiration. Here, the joy of life becomes reality.”
Gordon’s connection to Madrid runs deep. In 2024, he served as a judge for the Spanish edition of the Vogue Fashion Fund, which supports emerging designers. The year before, through its “Celebrating Women in the Arts” initiative, Carolina Herrera partnered with Madrid’s Thyssen Museum to sponsor the “Maestras” exhibition—featuring over 100 works by artists such as Artemisia Gentileschi, Angelica Kauffmann, and Sonia Delaunay.
As with its Resort 2025 presentation in Mexico City, the fashion house will collaborate with local Spanish artisans and creatives for the Spring/Summer 2026 collection. “At its core, this is a celebration of the people who make the city what it is,” Gordon said. “The starting point has always been to tell their stories and use this platform to highlight their talent and creativity, from the most traditional and folkloric to the modern and contemporary. It is an honor to work with them as part of our story with Madrid.”
Global and UK e-commerce order volumes rose year on year in Q1, boosted by Valentine’s and Mother’s day spending, according to new data from e-tailer delivery management platform Scurri.
Photo: Pexels
It said that gifting, homewares and cosmetics were the strongest-performing categories.
Data from Scurri’s platform showed that in Q1 the volume of shipments with the UK as the final destination climbed 5% year-on-year, with the key gifting days driving up performance.
Gifting shipments were up 39% in the period with homewares up 34% (after a challenging 2024). Shipments of cosmetics rose 17%, building on a 7.3% rise for health & beauty last year.
Globally, online order volumes rose 19% and outside of domestic UK shipments, the highest volume shipment destinations were Germany (up 45% compared to Q1 2024), Poland (+24%) and Ireland (+18%).
“The increase in shipments to Ireland from the UK is indicative that brands looking to diversify recognise its closest neighbour is an expanding e-commerce market, with trading being facilitated by an ecosystem of partners committed to overcoming the post-Brexit complexities of moving goods into Ireland,” Scurri founder and CEO Rory O’Connor said.
Express ‘with signature’ services saw a 35% increase in Q1 volumes compared to 2024, “reflecting some consumer concerns around security and parcel theft”, but also a reduced willingness to wait. Next Day delivery volumes increased 33% in the quarter compared to 2024.
O’Connor added: “We continue to see a strong demographic split when it comes to delivery speed vs spend. Two-thirds (65%) of 18-24-year-olds say they are happy to pay for premium delivery services, but the cost of home delivery is a key cart abandonment trigger for nearly half (44%) of shoppers aged 55-64.”
Stella McCartney is celebrating Earth Month and has just launched a Future of Fashion innovation installation at its 23 Old Bond Street flagship in London – “platforming the luxury pioneer’s legacy today and next-gen materials of tomorrow, including the brand’s most sustainable collection ever”, the Summer 2025 offer.
Stella McCartney Summer 2025
“Led by a ‘Save What You Love’ call-to-action for the planet and its creatures, the edit is crafted with 96% conscious and 100% cruelty-free materials,” the company said.
With fashion estimated to be responsible for up to 8% of global greenhouse gas (GHG) emissions and the fact that the industry will continue to grow as a result of increased population and consumption patterns, the label sees an urgent need for action.
Previous editions of the Future of Fashion have been hosted at the COP26 and COP28 UN climate conferences, Dubai Design Week and Salone del Mobile in Milan. The current iteration platforms McCartney’s innovations from its Summer 2025 collection, including Ryder bags in fungi-based Hydefy vegan alternatives to leather; Peekaboo recycled and recyclable nylon yarn; Keel Labs’ Kelsun seaweed-based yarn and more. All materials and supplies have been repurposed from previous activities to minimise waste.
The designer has also launched a pop-up in Milan’s Rinascente department store that runs until early next week with the space centred around the ‘Save What You Love’ message. Visitors can enjoy complimentary ice-cream and receive copies of the Stella Times – the third in a series of limited-edition newspapers featured on the Summer 2025 runway during Paris Fashion Week.
In addition to the Bond Street and Milan activities, the label will next month launch its Summer of Love 2025 capsule collection, described as “a sensual edit of ready-to-wear and accessories exploring the escapism, hedonism and romanticism of a warm-weather holiday”.
Made with “100% conscious materials”, there are bags handwoven from responsibly sourced raffia in Madagascar by ethically compensated female artisans.
Limited-edition Logo and Falabella basket bags are handmade by Tanora in a “state-of-the-art atelier and fair-trade compensation scheme, offering additional support to the women’s families and communities”.
There are also hand-painted cherries on fluid dresses and separates, plus sleeveless baby tees. Red stripes “bring a coastal cool to forest-friendly viscose satin vacation essentials” while “crisp organic cotton poplin reimagines classic men’s shirting in feminine silhouettes, alongside light crochet knits”.