Public consultation on future of the Common Agriculture Policy of the EU

24 February 2017 in Algemeen

Content provided by EuroCommerce - The European Commission has launched a wide-ranging public consultation on the future of the EU’s agriculture policy. It is examining ways of modernising and simplifying the Common Agriculture Policy.

Amazon and Zalando fined for misleading online promotions

24 February 2017 in m-Tail

Nineteen web shops, including Zalando, H&M and Amazon, were fined 2.4 million euro in France because of misleading promotions.

Roland Berger outlines retail's future based on 5 trends

23 February 2017 in Algemeen

Roland Berger’s consultants have highlighted five important trends for the future: digital competitors can become partners; low-cost chains are growing; the customer experience is becoming more important; big data’s potential is underestimated and robots are taking over stores.

Succession war breaks out at Carrefour

23 February 2017 in Algemeen

It will not be until May 2018 that Carrefour CEO Georges Plassat resigns, but as he had previously indicated his desire to guide his successor for a year, the distributor’s two largest shareholders are already playing their hand.

Major clothing brands will not attend annual summit in Bangladesh

23 February 2017 in Mode

Five major clothing brands will not attend the Bengali textile industry’s annual meeting, protesting the country’s abysmal working conditions and the suppression of the labour unions.

Investments push Tesla into new losses

23 February 2017 in Automotive

American electric car manufacturer Tesla has posted a 121 million dollar (115 million euro) net loss for its fourth quarter. Its previous quarter had resulted in a 21.9 million dollar (20 million euro) profit.

C&A cuts 230 jobs at European headquarters

22 February 2017 in Mode

Clothing chain C&A wants to cut 230 jobs in its European headquarters: 160 in German Düsseldorf and 70 in Belgian Vilvoorde.

Esprit returns to profit in first part of fiscal year

22 February 2017 in Mode

After posting considerable losses in its previous fiscal year, fashion chain Esprit has returned to profitability in the first half of its current fiscal year. The turnaround was the result of fewer discounts and the closure of several onerous stores.

New controversies on Primark's labour policy

21 February 2017 in Mode

Irish fashion chain Primark has seen its labour policy come under scrutiny again in two countries: Dutch employees do not feel they get the respect they deserve, while French employees are on strike demanding higher wages.

Sizeable profit drop for Van de Velde

21 February 2017 in Mode

Belgian lingerie manufacturer Van de Velde saw its profit take a hammering in its fiscal year 2016 due to certain problems in China. Earlier the company had already released its first first turnover decrease in nineteen years.

Food

Discounter Poundland shuts down its web shop

Not even 18 months into its online strategy, British discounter Poundland has announced it will shut down its web shop and focus on the physical stores again. 

  • Danone's profit suffers from more expensive milk

    Dairy manufacturer Danone forecasts a slow profit growth for this year, because of the higher milk prices. By 2020, the company also expects to cut costs by 1 billion euro.

  • Nestlé targets 2 to 4 % turnover growth this year

    Swiss food giant Nestlé has seen its turnover grow 3.2 % last year, which is its slowest growth in the past ten years. The company's brand-new CEO, Mark Schneider, immediately announced a restructuring plan to improve profitability.

  • First 20 American Lidl stores open this summer

    German department store chain Lidl's American expansion is kicking into gear: the chain will open its first twenty American stores in the summer, a year ahead of schedule.

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Fashion

Major clothing brands will not attend annual summit in Bangladesh

Five major clothing brands will not attend the Bengali textile industry’s annual meeting, protesting the country’s abysmal working conditions and the suppression of the labour unions.

  • C&A cuts 230 jobs at European headquarters

    Clothing chain C&A wants to cut 230 jobs in its European headquarters: 160 in German Düsseldorf and 70 in Belgian Vilvoorde.

  • Esprit returns to profit in first part of fiscal year

    After posting considerable losses in its previous fiscal year, fashion chain Esprit has returned to profitability in the first half of its current fiscal year. The turnaround was the result of fewer discounts and the closure of several onerous stores.

  • New controversies on Primark's labour policy

    Irish fashion chain Primark has seen its labour policy come under scrutiny again in two countries: Dutch employees do not feel they get the respect they deserve, while French employees are on strike demanding higher wages.

read more
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