Daily Retail and Luxury News (16 July 2026): Frasers/Dunelm FY results, BNPL regulations, eBay Depop acquisition

Research evidence excerpt

Daily Retail and Luxury News (16 July 2026): Frasers/Dunelm FY results, BNPL regulations, eBay Depop acquisition

other forms of credit, and

those falling into financial difficulty will be directed towards debt advice and support first,

rather than immediately handed to a debt collector. The government said the regulations place

the FCA responsible for overseeing the sector. 77% of UK consumers support the new

regulations, according to a survey commissioned by Clearpay reported by Retail Week

yesterday. Clearpay said 61% of respondents believe the changes will improve consumer

protection, while 42% said affordability checks would increase their confidence in using BNPL

services. Usage remains widespread, with 39% of consumers having used BNPL and more than

half of millennial respondents reporting previous use.

CMA clears eBay’s planned acquisition of Depop. The UK Competition and Markets Authority

(CMA) has cleared eBay’s proposed acquisition of fashion resale platform Depop following an

initial review, allowing the transaction to proceed, reported Retail Week yesterday. eBay

announced in February that it would acquire Depop from Etsy for approximately $1.2bn, adding

a platform with around 7 million active buyers, roughly 90% of whom are under 34 years old,

and strengthening its exposure to younger consumers and the second-hand fashion market.

ASOS appoints former Amazon executive as global head of trading. ASOS has appointed

former Amazon executive Lizzie Jones as global head of trading, reported Retail Week

yesterday. Jones, who previously began her career in the buying team at ASOS and has also

held roles at Tesco and Soletrader, will oversee the retailer’s global trading operations,

including market trading, digital trading, on-site content and marketing.