Nike Swim President Kelly Hibler said the swimwear business is on track to have its best year ever.

Payment platforms including Klarna, Afterpay and QuadPay are fast becoming industry players, discovery sites for fashion and beauty, and marketing opportunities for brands and retailers. They’re also speaking to the demands and desires of Millennials and Gen Z.

The online giant has bought the inventory and intellection property of Topshop, Topman, HIIT Brands and Miss Selfridge — but not the physical stores.

A new retail Darwinism is emerging, with successful online players leveraging their robust balance sheets to buy competitors, and woo investors.

After buying Debenhams’ assets earlier in the week, Boohoo is preparing to swoop on Dorothy Perkins, Wallis and Burton, although it isn’t interested in the physical stores.

Online giants with deep pockets will alter the shape of the British high street as they snap up ailing brick-and-mortar chains, and recast the retail experience.

Asos has a leg up in the bidding race, given the customer overlap and its interest in also buying the Topman, Miss Selfridge and HIIT brands as part of the deal.

In the future, consumers will seek out discounted, sustainable and health-conscious products, said David Sykes, head of Klarna U.S. They will also be more likely to embrace technology to shop.

The fast-fashion retailer has launched its first “circular” collection.

The brand is already part of the online retailer’s beauty assortment for other countries, including the U.K., France and Italy.

The latest retail casualty of the coronavirus.

The Pride-themed collections and community-driven initiatives that are supporting the LGBTQ community.

The retailer will now let online shoppers dress models virtually with augmented reality.

The ailing Cath Kidston will shut all of its U.K. stores, with 900 job losses, and become a “digital-led” business, while online fashion retailer Boohoo had a bumper year.

Today’s unruly crop of eco-labels are puzzling customers and proving too expensive and time-consuming for manufacturers to apply for. But as the sustainability certification sector evolves, solutions are emerging.