Retail: September 2026 sector report

Composed from 8 research facts recorded in September 2026, drawn from 6 source documents. Every figure names the record it came from and the date that record speaks for.

In brief

No narrative: no language model answered (All LLM providers failed. Please check API configurations.). No narrative is printed for this report. The figures and the facts below are complete without it.

Sector multiple

EV to EBITDA: 3.8x to 8.1x, median 5.7x. Our own estimate, worked out by MANDA Institute (Q1 2026). Nobody publishes this figure. Source: MANDA Institute sector estimate (MANDA Institute), as of 31 March 2026.

Eurozone all sector anchor, for context: median 8.6x, range 7.8x to 10.0x. An independent firm published this figure: the Argos Mid-Market Index, from Argos Wityu / Epsilon Research (Q1 2026). Source: Argos Mid-Market Index, as of 31 March 2026.

Transaction records

0 approved by a reviewer and 10 awaiting review. No figure from an unapproved record is printed.

deal volume: 2 facts

$550M raised at $5BN valuation (Tech.eu - European Startup, Funding and Technology News)
Shein went public on the Hong Kong Stock Exchange after a long preparation period (Wirtschaftsnachrichten | Wirtschafts-News | Handelsblatt)

regulatory: 2 facts

A court in Karlsruhe is examining whether dm's eye screening offer for 14.95 euros is legally permissible, questioning potential health risks. (Wirtschaftsnachrichten | Wirtschafts-News | Handelsblatt)
Pennsylvania adopts destination-based local sales tax sourcing for Philadelphia and Allegheny County (Tech.eu - European Startup, Funding and Technology News)

succession stat: 2 facts

Anneke Kamphuis appointed CEO of EasyToys, backed by private equity owner Waterland (Vakantiehuizen aan de costa, liegende en bedriegende AI, en de ceo van seksshop EasyToys | Het Financieele Dagblad)
Anneke Kamphuis became CEO of EasyToys, owned by private equity firm Waterland, after initially being hesitant due to gender bias (Vakantiehuizen aan de costa, liegende en bedriegende AI, en de ceo van seksshop EasyToys | Het Financieele Dagblad)

competitor move: 1 fact

Ebay Germany CEO Saskia Meier-Andrae takes joint leadership for all EU countries and changes logistics strategy to compete with Amazon (BDO Talks Total Tax Podcast)

financing: 1 fact

$50M raised by Conveo (Tech.eu - European Startup, Funding and Technology News)

Records this report rests on

Our own estimate, worked out by MANDA Institute (Q1 2026). Nobody publishes this figure. (31 March 2026)
An independent firm published this figure: the Argos Mid-Market Index, from Argos Wityu / Epsilon Research (Q1 2026) (31 March 2026)
Tech.eu - European Startup, Funding and Technology News
Wirtschaftsnachrichten | Wirtschafts-News | Handelsblatt
Wirtschaftsnachrichten | Wirtschafts-News | Handelsblatt
Tech.eu - European Startup, Funding and Technology News
Vakantiehuizen aan de costa, liegende en bedriegende AI, en de ceo van seksshop EasyToys | Het Financieele Dagblad
BDO Talks Total Tax Podcast