Samwer brothers sell half of Zalando shares

26 May 2017 in Mode

The German brothers Samwer’s investment firm, Global Founders, sold 3.78 % of its Zalando shares. The brothers’ share in the German online fashion retailers is now less than 5 %.

Amazon's New York book store generates little enthusiasm

26 May 2017 in Algemeen

Online retailer Amazon’s first book store in New York did not only draw in positive feedback. It looks too much like a traditional book store.

Jesper Brodin new CEO for Ikea Group

24 May 2017 in Wonen

Ikea’s current CEO, Peter Agnefjäll, will step down on 1 September after a five-year stint and at that time, Jesper Brodin will take charge of the group.

Enormous profit drop for Marks & Spencer

24 May 2017 in Algemeen

Despite a slight turnover increase, British Marks & Spencer’s pre-tax profit dropped more than half. As expected, clothing sales also experienced a turnover drop.

Shoptalk Europe releases preliminary agenda & free ticket program

23 May 2017 in Algemeen

(advertorial) Shoptalk Europe, a pan-European event for innovation in retail and ecommerce from 9 to 11 October in Copenhagen, has announced its agenda and a "Hosted retailers & brands program" offering a free ticket and up 650 in travel expenses.

Minor first quarter turnover increase for Foot Locker

23 May 2017 in Mode

Shoe chain Foot Locker’s first quarter turnover grew 0.7 % to 2 billion dollars (1.8 billion euro), but its net profit did drop from 191 to 180 million dollars (160 million euro).

JD.com fully focused on drones

23 May 2017 in m-Tail

Chinese JD.com will build the largest Chinese logistics network for drones after reaching a deal with the Shaanxi province’s board. Some drones should even be able to carry 1,000 kilos.

Uniqlo makes fast fashion even faster

23 May 2017 in Mode

Japanese Fast Retailing, fashion chain Uniqlo’s parent company, managed to drastically speed up its production cycle. From now on, it will only take thirteen days to bring a design to the store.

Lidl launches Chinese web shop

22 May 2017 in Food

German supermarket chain Lidl has launched its own web shop in China on Alibaba’s online platform Tmall, similar to what many other Western companies have done.

Advocate General’s welcome confirmation of retail as a service

19 May 2017 in Algemeen

(content provided by EuroCommerce) In the Visser case, the Advocate-General has stated that retail should be considered a service within the meaning of the Services Directive. EuroCommerce welcomes this confirmation of earlier jurisprudence.

Food

Lidl launches Chinese web shop

German supermarket chain Lidl has launched its own web shop in China on Alibaba’s online platform Tmall, similar to what many other Western companies have done.

  • This is Lidl’s battle strategy for the United States

    Mark the date: on 15 June, Lidl will open its first American store. In charge is someone who earned his stripes in Belgium and the Netherlands, but the main question is whether Ahold Delhaize should fear the German discounter’s arrival?

  • Chicago welcomes first Nutella Cafe

    Before the end of this month, Nutella fans can visit the very first Nutella cafe in Chicago. All types of sweet dishes are sold, most of them based on Ferrero’s chocolate paste.

  • Nestlé loses another battle in KitKat war

    Swiss chocolate manufacturer Nestlé has been trying to prevent competitors from creating chocolate snacks that look like its own KitKat brand for a decade. It has succeeded in about a dozen countries, but the attempt in the United Kingdom once again failed.

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Fashion

Samwer brothers sell half of Zalando shares

The German brothers Samwer’s investment firm, Global Founders, sold 3.78 % of its Zalando shares. The brothers’ share in the German online fashion retailers is now less than 5 %.

  • Minor first quarter turnover increase for Foot Locker

    Shoe chain Foot Locker’s first quarter turnover grew 0.7 % to 2 billion dollars (1.8 billion euro), but its net profit did drop from 191 to 180 million dollars (160 million euro).

  • Uniqlo makes fast fashion even faster

    Japanese Fast Retailing, fashion chain Uniqlo’s parent company, managed to drastically speed up its production cycle. From now on, it will only take thirteen days to bring a design to the store.

  • Patrice Louvet is Ralph Lauren's new CEO

    Fashion label Ralph Lauren has appointed Patrice Louvet as its new CEO. He will succeed Stefan Larsson, who decided to leave the company following a difference of opinion with founder and chairman Ralph Lauren.

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