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.
Canadian Freshii recently launched its Dutch operations on the Korte Lijnbaan in Rotterdam. Its product range includes fresh snacks and meals, like green wraps, salads, quinoa-based dishes and juices.
Cookie manufacturer Lotus Bakeries' past year was a good one. The Belgian company's profit and turnover grew a lot, mostly thanks to the sales growth outside of Europe.
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.
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.