11 February 2016 in Mode

Adidas once again increased its growth forecast, for the second time in 4 months, after the German sports clothing brand announced it easily beat its 2015 profit forecast.

11 February 2016 in Food

American soda (Pepsi), chips (Lays) and cereal (Quaker) manufacturer, PepsiCo, struggled in its past quarter because of the expensive dollar. Despite higher sales, total turnover dropped anyway.

11 February 2016 in Algemeen

British model train manufacturer Hornby is in a rut: a profit alert halved its share value, as the company is facing a 6 million pound (7.7 million euro) record loss, much more than previously anticipated.

11 February 2016 in Algemeen

It seems department store chain V&D may be heading towards its worst case scenario. Several real estate owners are leaning towards Hudson's Bay, a company that is gunning for V&D's store locations.

11 February 2016 in Mode

French luxury brand Hermès' last year turnover grew 8 % to 4.8 billion euro, well below 2014's 11 % growth, but still much better than the overall luxury market's 2 % growth.

11 February 2016 in Mode

Sports brand Adidas will launch Avenue A, a women's subscription service, in the United States. Subscribers will receive a box full of clothing, shoes and accessories every quarter. 

10 February 2016 in Algemeen

Detergent and food manufacturer Unilever will transfer a number of jobs abroad, which means that about 200 people in the Netherlands will lose their jobs, something the labour unions find deplorable.

10 February 2016 in m-Tail

Four online fashion retailers managed to surpass the 1 billion euro turnover in 2015: Zalando, Yoox Net-a-Porter, Vente-Privée and Asos. All of them have put additional growth on their forecast.

10 February 2016 in Food

Despite lower turnover, drink manufacturer Coca-Cola managed to generate a higher profit in 2015, compared to the year before, partially because of its cost-cutting program designed by CEO Muhtar Kent. 

10 February 2016 in Food

Japanese beer brewer Asahi has acquired SABMiller's Grolsch and Peroni beer brands, which it was forced to sell to enable a merger with Belgian AB InBev.

Food

American soda (Pepsi), chips (Lays) and cereal (Quaker) manufacturer, PepsiCo, struggled in its past quarter because of the expensive dollar. Despite higher sales, total turnover dropped anyway.

  • Despite lower turnover, drink manufacturer Coca-Cola managed to generate a higher profit in 2015, compared to the year before, partially because of its cost-cutting program designed by CEO Muhtar Kent. 

  • Japanese beer brewer Asahi has acquired SABMiller's Grolsch and Peroni beer brands, which it was forced to sell to enable a merger with Belgian AB InBev.

  • Several cooperative supermarket projects are ready to launch in France. Customers can help around in the store in return for lower prices, a concept that has proven popular in the United States.

Fashion

Adidas once again increased its growth forecast, for the second time in 4 months, after the German sports clothing brand announced it easily beat its 2015 profit forecast.

  • French luxury brand Hermès' last year turnover grew 8 % to 4.8 billion euro, well below 2014's 11 % growth, but still much better than the overall luxury market's 2 % growth.

  • Sports brand Adidas will launch Avenue A, a women's subscription service, in the United States. Subscribers will receive a box full of clothing, shoes and accessories every quarter. 

  • Singer and producer Pharrell Williams has bought a stake in fashion label G-Star Raw, following a previous collaboration between the brand and Pharrell Williams' company, Bionic Yarn.  Williams will now be involved in G-Star's management.

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