Marketplace Universe News 05.10.2026 – Shein’s profit drops 67%, Amazon loses Prime price battle
In its first quarterly results as a listed company, Shein reports a 67 percent drop in profit to $228 million. In Europe, sales fell by 13.9 percent.
In its first quarterly results as a listed company, Shein reports a 67 percent drop in profit to $228 million. In Europe, sales fell by 13.9 percent.
Saskia Meier-Andrae is appointed VP and GM Europe at eBay, a new role to consolidate the online marketplace’s EU business and promote cross-border trade.
On the international stage, Natasha Mendonça Costa has taken on the position of Digital Project Manager | Europe Zone at L’Oréal.
Dr. Michael Maihaus has taken on a new leadership role at OBI Group Holding as Vice President Global Digital Business (Marketplace / eCom).
Amazon sellers will soon be able to connect their eBay, Shopify, TikTok and Walmart accounts to Seller Central. They can manage listings, orders and per-item profitability across channels in one place.
With more customer accounts than there are Dutch households and almost three decades of consumer trust, bol is the dominant marketplace in the Netherlands and Belgium – and, for European sellers, one of the more direct routes into two high-spending, digitally mature markets.
From November 1, a new EU-wide processing fee will apply to small parcels from non-EU countries. The European Parliament has given final approval to the sweeping reform of EU customs law, after the Council had already agreed in early September.
While Chinese platforms like Temu and Shein gain market share in Europe, Amazon continues to invest in its European infrastructure at record levels – more than €60 billion in 2025 alone, plus already committed pledges of roughly €68 to 70 billion for the coming years.
The European Commission is preparing new legislation to close compliance gaps for imports via e-commerce platforms, according to media reports. It includes liability for marketplaces, a new market surveillance fee and centralised enforcement.
Within a single year, France has fined Shein more than €210 million and pushed through a world-first anti-ultra-fast-fashion law – not through sheer toughness, but by deliberately exploiting gaps in EU law.
A week after its shaky Hong Kong debut, Shein’s stock is still trading around 17.5% below its offer price – at a valuation of $26.5 billion, barely a quarter of its 2022 peak.
Jan Bechler, Tim Nedden and Björn Sjut will step down from the management team in spring 2027, remaining on as founding partners and shareholders.Sabine Juenger will become Europe CEO of Front Row (formerly Finc3) as of January 1, 2027.
Björn Seitner got promoted at Breuninger and became Head of Marketplaces.
Vanessa Smickt was promoted to Director Digital Business at Marc O’Polo.
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