Fashion
IKEA buys US logistics tech firm Locus in online growth push

By
Reuters
Published
October 8, 2025
IKEA has acquired U.S. logistics technology firm Locus, the two companies said on Tuesday, a deal the Swedish furniture retailer said would make its deliveries to shoppers smoother and faster as it invests to expand online sales.
The takeover is in addition to a $2.2 billion push by Ingka Group, the biggest global IKEA franchisee, in the U.S. where it competes with Wayfair and Walmart and is also contending with higher tariffs on imports that are increasing its costs.
IKEA declined to disclose the value of the deal. Locus was valued at $300 million in its most recent funding round in 2021, according to reports at the time.
IKEA said acquiring Locus would simplify its logistics and reduce its delivery expenses by an estimated 100 million euros ($117.41 million) a year globally.
Locus uses artificial intelligence to group orders and predict routes that minimize the time delivery vehicles spend in traffic, a planning process that is currently done manually by IKEA workers, Parag Parekh, chief digital officer at Ingka Group told Reuters in an interview.
Locus will also enable IKEA to offer customers more delivery windows and options, and give live updates on where their package is, as well as delivering faster, Parekh added. It will likely pilot the technology in the U.S. and UK before using it globally.
“Speed is one aspect of it, but more importantly for us, it will be the flexibility, it will be the ability to track… and more importantly, through all of this, help drive a better customer experience,” he said.
Locus’ shareholders included Singapore’s sovereign wealth fund GIC and private equity firms Alpha Wave, Tiger Global, and Qualcomm Ventures prior to the all-share acquisition by Ingka Investments, the retailer’s investment arm.
Under the deal, Locus will operate independently and continue to work with clients beyond IKEA.
Known mostly for its bright blue big-box suburban stores showcasing sofas, beds and bookcases in a labyrinth layout, IKEA has shifted focus onto its online business over the past five years and invested in smaller city-centre stores as it targets younger and more urban shoppers.
Online sales accounted for 28% of total IKEA retail sales in its 2024 financial year, up from 11% in 2019.
The acquisition comes just a week after Ingka Investments bought a building in Manhattan for $213 million, pushing ahead with U.S. expansion despite President Donald Trump imposing higher tariffs on furniture imports.
“In terms of the macroeconomics around us … probably there’s uncertainty on the quarters ahead,” Parekh said. “But as a company we remain committed to the U.S.”
© Thomson Reuters 2025 All rights reserved.
Fashion
Nordstrom Local makes its debut in San Francisco

Published
October 7, 2025
Nordstrom announced on Monday plans to open a Nordstrom Local store in San Francisco, serving as the department store chain’s first location in Northern California.
Located at 1919 Fillmore Street, the new Nordstrom Local Fillmore store spans 1,750 square feet and offers services seen across the Seattle-based retailer’s seven other Local stores, four of which are in California.
This includes online order pick up, alterations, local styling available by appointment, gift wrapping, clothing donation drop-off, and BeautyCycle, where shoppers can bring in empty beauty packaging to be recycled for free.
“We’re excited to open our first Nordstrom Local in Northern California. We’ve heard from our customers in the area that they want services such as online order pickup, returns and alterations closer to where they live and work,” said Fanya Chandler, president of Nordstrom stores.
“We hope our new Nordstrom Local will make accessing these services easier and look forward to serving customers at this location.”
The new Nordstrom Local Fillmore opens its doors on October 9.
Earlier this year, Nordstrom Inc. announced the appointment of Kelly Dilts to the role of chief financial officer, effective August 29.
Copyright © 2025 FashionNetwork.com All rights reserved.
Fashion
Summer 2026 looks set to be romantic with Sacai, Zimmermann, Ungaro and Agnès b

Published
October 7, 2025
Silhouettes elongate or gain volume; ornamentation gleams with sparkling details; the wardrobe grows more sophisticated. This romantic, faintly glamorous vein came to the fore on the eighth day of the Paris shows devoted to Spring-Summer 2026. On Monday, numerous collections homed in on a new feminine elegance, as redefined by Sacai, Zimmermann, Agnès b. and Ungaro, among others.
Unusual constructions, layering, and material blends. For her Spring-Summer 2026 collection, shown on Monday at the brand’s new headquarters—an old building with a vast glass roof, formerly occupied by Balenciaga on rue Cassette in the 6th arrondissement—Japanese designer Chitose Abe returns to her fundamentals, revisiting the key ingredients behind Sacai’s success.
Trench coats, denim, knitwear, outerwear, the white shirt, the little black dress and more. She surveyed the archetypes of the women’s wardrobe, blowing them apart before recomposing them into covetable hybrids. Black and white reappeared in voluminous silhouettes, finished with Oxford shoes sporting oversized tassels that lent an eighteenth-century air to the whole. The mood was epitomised by supermodel Naomi Campbell in a superb sleeveless tuxedo with a train.
Each piece was distinctive—almost unique in its construction, detailing or fusion of materials—yet appeared easy to wear, conveying a sense of freedom and movement. With Sacai, fashion is, more than ever, a game, and this season the house explored a new technique of “reversal”: the lower sections of classic garments flip up to fasten high on the body, creating unexpected forms.
For example, black trousers were hoisted up, anchored to the shoulders of a tuxedo jacket that becomes an oval cape. The same trick applied to the hem of a long white shirt, laced through eyelets at the shoulders, and to the panels of long canvas skirts, which rose to the waist to create peplums and ballooning shapes. Elsewhere, a trench morphed into a petticoat and a shirt, tuxedo and skirt become one.
Movement was omnipresent in undulating or godet-flared blouses and skirts. A shot of lime yellow enlivened a black-and-white patchwork maxi dress. Leather blousons and denim pieces were taken apart and recomposed into puzzle-like garments with rounded contours. Further on, mini dresses emerged from a mix-and-match of patterns (stripes, polka dots, flowers), while waterproof canvas fused with tuxedo satin. Tweed dresses unravelled into cascades of fringing, rounding off a breathtaking collection brimming with energy and invention.
Absent from the catwalks since 2019, Agnès b., real name Agnès Troublé, made her triumphant return on Monday at Paris Fashion Week with a grand manifesto show charting her half-century in fashion. The occasion also marked her return to fragrance, with a new scent authored by the designer and perfumer Isaac Sinclair. “Agnès b. Paris Le Parfum” will be launched on October 14. Made in France, it embodies “discretion, timeless elegance and the freedom to be oneself”.
Nearly 90 models, including 15 men, traversed the long runway installed at the Collège des Bernardins, accompanied by a live concerto. Principal dancer Hugo Marchand opened the show to an aria from Rameau’s “Les Indes Galantes”, played on piano by Martin Beau. What followed was a seemingly endless parade of the creations that have marked the brand’s history, with numerous archive pieces, reworked models and new releases.
The first part was devoted to her ultra-light dresses in fine cotton, including butter muslin—very airy and washed “so it shrinks a little”—as well as light linen. There were petticoats, including the reworked “tango” model, dungarees and mechanic’s coveralls, apron dresses and crepe tailoring. Not forgetting artists’ T-shirts, Elvis straight-leg trousers, button-front dresses with Peter Pan collars, the harpsichord shirt (without buttons). Not forgetting, of course, polka dots, gingham fabric, denim, unisex leather jackets, satin used to cut cargo trousers and an eighteenth-century-style linen frock coat, from the designer’s favourite era.
At 83, Agnès can still deliver lessons in dressmaking, with her precision in cut and construction—not to mention her meticulous attention to armholes. The secret of her success? She has always remained true to her style since her debut in 1975, without ever renouncing it. Comprising informal, easy-to-wear pieces alongside more elaborate ones, each imbued with quintessential Parisian chic, the Agnès b. wardrobe covers every daily need, from morning to night, addressing everyone, men and women of all ages, with a timeless yet characterful style that has continued to captivate for five decades.
Pastel décor, the cries of seagulls, the soft waft of the brand’s next in-store fragrance, Zimmermann set a decidedly summery tone, immersing us this season in the bohemian, arty atmosphere of Lavender Bay in the seventies. At the time, this industrial corner of Sydney Harbour—with its disused warehouses wedged between a Luna Park and the railway—sprang to life, attracting an exuberant artistic community.
It’s this carefree effervescence that Australian designer Nicky Zimmermann translated with brio in her collection, while modernising the theme. A fresh, joyful spirit pervaded the show, which made much of vibrant colours (emerald green, petrol blue, orange, and pink), soft-focus floral prints à la David Hamilton and a nonchalant allure.
Blouses and maxi dresses were by turns ethereal in billows of ruffles, or demure in white cotton lace. Trousers were worn baggy or very flared. Front-zipped jumpsuits, worn unzipped, gave the models—in dark sunglasses, sandals or clogs—a touch of house painter. Chic pleated trousers sat low on the waist, revealing a high-cut swimsuit. Long dresses glided sinuously along the body. The women oscillated between a headscarf and sparkling gold jewellery.
A collection that should prove successful, like the previous ones, Zimmermann being one of the few brands to continue to post growth in today’s market with its accessible luxury, which appeals well beyond its native Australia.
The treasures of the Louvre served as the starting point for Ungaro’s collection, in particular Ingres’s “L’Odalisque”. “In this collection, there’s Orientalism, with a mix of cultures, but also a ‘cabinet of curiosities’ side. I wanted to celebrate femininity and freedom, imagining these women going from the Louvre to the flea market, mixing all sorts of influences,” explained artistic director, Kobi Halperin.
The result was a collection both rich and delicate, all about lightness via silky fabrics with floral prints, gauzy gypsy dresses, more sensual versions in fluid satin and clouds of ostrich feathers, which lent an airy touch to the ensemble. Several pieces in lace and guipure (dresses, as well as jackets, skirts, shorts and trousers) let the air circulate in a fresh, boudoir spirit.
The wardrobe is conceived to be versatile, with interchangeable pieces to mix and match from day to evening. Take your pick from beautiful shirt dresses, weightless summer dresses in chiffon or cotton, monochrome or printed, little tweed jackets to pair with leopard shorts, and the classic suit with its elegant double-breasted jacket, in white or a precious brocade.
This article is an automatic translation.
Click here to read the original article.
Copyright © 2025 FashionNetwork.com All rights reserved.
Fashion
Cambodia’s apparel exports steady, US & Canada drive growth in Jan-Aug
-
Tech1 week ago
Interrupting encoder training in diffusion models enables more efficient generative AI
-
Sports1 week ago
Transfer rumors, news: Benzema linked with reunion with Mourinho at Benfica
-
Fashion1 week ago
The World’s Fashion Business News
-
Tech1 week ago
More people are using AI in court, not a lawyer. It could cost you money—and your case
-
Tech1 week ago
OpenAI Is Preparing to Launch a Social App for AI-Generated Videos
-
Fashion1 week ago
Pay, human rights and the environment: the OECD puts Shein on notice
-
Business1 week ago
Top stocks to buy today: Stock market recommendations for September 30, 2025 – check list – The Times of India
-
Business1 week ago
YouTube to pay $24.5m to settle Trump lawsuit over Capitol riot