EU needs to lead in fight against protectionism

8 December 2017 in Algemeen

(Content provided by EuroCommerce) On the occasion of the European Trade Policy Day today, EuroCommerce urges the European Union to fight against the growing protectionist tendencies everywhere.

Hema returns to profitability

7 December 2017 in Algemeen

Hema has become profitable again: after improved net losses in the past quarters, the Dutch chain has managed to become profitable again in the third quarter.

Walmart wants to shed its "store" label

7 December 2017 in Food

American Walmart is legally Wal-Mart Stores, but its popular name has long since been Walmart. However, the company will now alter that: in this eCommerce era, it aims to be more than merely a store chain.

Huge third quarter loss for Hudson’s Bay

7 December 2017 in Algemeen

Canadian Hudson’s Bay suffered a huge loss in its third quarter of 2017. Its turnover also slumped compared to the year before.

Luxury manufacturers can block retailers from selling on Amazon

7 December 2017 in m-Tail

Luxury product manufactures can block retailers from selling their merchandise on online marketplaces like Amazon. The European Court of Justice has ruled on the matter after cosmetics manufacturer Coty filed a complaint.

Hema opens first Belgian flagship stores based on international formula

6 December 2017 in Algemeen

Dutch Hema has opened its first Belgian flagship store in Brussels, based on its international store formula. It will open a similar store in Antwerp by the end of the week.

Countdown commercials: the new advertising trend?

5 December 2017 in Algemeen

Online luxury retailer Yoox has launched a new type of YouTube ad: the flash offers are only valid for fifteen seconds. If you do not click during the ad, you are too late. The ad campaign will run until mid December.

Ahold tells Delhaize to innovate faster

5 December 2017 in Food

Delhaize should innovate faster and Ahold Delhaize CEO Dick Boer feels Albert Heijn CEO Wouter Kolk should show the Belgians how. He also talked about Amazon and bol.com in the remarkable interview. 

New owner for Kijkshop

4 December 2017 in Algemeen

Store chain Kijkshop has a new owner: Swedish investment firm LPCA sold all of its shares to another Swedish company, SparkistanStClemens.

Gucci investigated for tax avoidance

4 December 2017 in Mode

The Italian police raided Gucci’s offices in Milan and Florence, looking for evidence of tax avoidance. The fashion label admitted there was an investigation and that it is fully cooperating.

Food

Walmart wants to shed its "store" label

American Walmart is legally Wal-Mart Stores, but its popular name has long since been Walmart. However, the company will now alter that: in this eCommerce era, it aims to be more than merely a store chain.

  • Ahold tells Delhaize to innovate faster

    Delhaize should innovate faster and Ahold Delhaize CEO Dick Boer feels Albert Heijn CEO Wouter Kolk should show the Belgians how. He also talked about Amazon and bol.com in the remarkable interview. 

  • Barry Callebaut invests a lot in Belgian factories

    In the next eighteen months, chocolate giant Barry Callebaut wants to increase its production by 20 % and to specialize itself in chocolate decorations. The Swiss powerhouse will therefore expand the production capabilities of its Belgian factories.

  • Russian supermarket chain employs robots

    Russian chain Lenta employed seven robots in its Moscow-based supermarkets. The Promobots will greet the returning customers by name, show new products and help with discounts.

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Fashion

Gucci investigated for tax avoidance

The Italian police raided Gucci’s offices in Milan and Florence, looking for evidence of tax avoidance. The fashion label admitted there was an investigation and that it is fully cooperating.

  • Quiksilver wants to acquire Billabong

    Surfing brand Quiksilver tabled a 150 million dollar (125 million euro) bid for its competitor, Billabong. It may be the latter’s only way out, with compounding losses in the past few years.

  • Benetton moves back to its roots

    Luciano Benetton, founder of the Italian fashion chain, will take back control at the age of 82. He wants to return his company to its former glory: “The decay is unbearable”, he announced in the La Repubblica paper.

  • Opinion: Why Delvaux needs Game of Thrones-inspired handbags

    Pop culture, fashion and luxury: they have gone hand in hand for ages, but their bond seems stronger than ever now. Why is Delvaux selling Game of Thrones handbags and how is Kim Kardashian helping the worldwide demand for luxury brands?

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