Billabong achieves first profit in years, despite lower turnover

Billabong achieves first profit in years, despite lower turnover

27/02/2015 in General

Australian surfing brand Billabong has managed a 25.7 million Australian dollar (18 million euro) net profit in the first half of its fiscal year 2014/15 - the first profit in three years.

Auchan and Système U will exchange stores

Auchan and Système U will exchange stores

27/02/2015 in Food

Two of France's largest distributors have struck a deal to exchange stores: Auchan will take over Système U's hypermarkets, while the latter takes care of Auchan's supermarkets.

McDonald's saves 1 billion euro through Luxembourg

McDonald's saves 1 billion euro through Luxembourg

26/02/2015 in Food

"McDonald's has saved 1.05 billion euro in taxes on its European activities thanks to fiscal optimization techniques", is what 3 different European trade unions have said.

Lego turnover up thanks to The Lego Movie and Lego Friends

Lego turnover up thanks to The Lego Movie and Lego Friends

26/02/2015 in General

Danish toy manufacturer Lego has taken full advantage of The Lego Movie and Lego Friends: its turnover and profit growth are in the double digits.

Ahold's full year results saved (somewhat) by Q4

Ahold's full year results saved (somewhat) by Q4

26/02/2015 in Food

A good fourth quarter, but not enough to make 2014 a good year: that is the summary of Ahold's results for 2014. Despite a relatively decent fourth quarter (+ 2.2 %), the like-for-like turnover in the Low Countries dropped 0.5 %. ...

C&A's new ad campaign focuses on the "real life"

C&A's new ad campaign focuses on the "real life"

26/02/2015 in Fashion

Clothing chain C&A has taken a swipe at ready-to-wear and haute couture fashion shows with its own ad campaign, which will launch in March 2015. It is called "Today's look is" and is designed to highlight the merits of its own collections, "creat...

American Supreme Court to tackle Abercrombie's hijab

American Supreme Court to tackle Abercrombie's hijab

26/02/2015 in Fashion

The American Supreme Court is currently tackling the case of a young Muslim woman who was not hired by Abercrombie & Fitch because of her headscarf. It looks like the nine judges will rule in favour of the plaintiff.

World Cup football saves AB InBev's year

World Cup football saves AB InBev's year

26/02/2015 in Food

Brewery AB InBev has sold 458.801 million hectoliters of beverages, a 0.6 % like-for-like growth, lifting its turnover to 41 billion euro - thanks to the World Cup football in Brazil during the summer.

Topshop opens first continental flagship store in Amsterdam

Topshop opens first continental flagship store in Amsterdam

25/02/2015 in Fashion

British chain Topshop will open its first flagship store on the European mainland tomorrow in Amsterdam. The 1,200 sqm store will have three floors: two dedicated to Topshop's collections for women and the third for Topman's collection for men. ...

SuperGroup's CFO is bankrupt and steps down

SuperGroup's CFO is bankrupt and steps down

25/02/2015 in Fashion

SuperDry's parent holding SuperGroup has lost its CFO, Shaun Wills, who has been declared bankrupt on 10 February and he has stepped down at SuperGroup as a result.

Food

McDonald's saves 1 billion euro through Luxembourg

McDonald's saves 1 billion euro through Luxembourg

"McDonald's has saved 1.05 billion euro in taxes on its European activities thanks to fiscal...

Fashion

C&A's new ad campaign focuses on the "real life"

C&A's new ad campaign focuses on the "real life"

Clothing chain C&A has taken a swipe at ready-to-wear and haute couture fashion shows with...