Zooplus grows 20 % in third quarter

20 October 2017 in Algemeen

Animal web shop Zooplus’ third quarter turnover grew 22 % to 277 million euro, continuing the solid growth from its first quarters.

EU guidelines on food donation helpful to reducing food waste

20 October 2017 in Food

(Content provided by EuroCommerce) The European Commission adopted yesterday on the World Food Day, EU guidelines on food donation. Retailers and wholesalers welcome these guidelines as supporting efforts to recover and redistribute food to those in need.

Fnac Darty grew 6 % in third quarter

20 October 2017 in Elektronica

Fnac Darty’s third quarter turnover grew 6 % to 1.792 billion euro, with growth in the Benelux as well. The company also revealed the integration of both companies is ahead of schedule.

Small growth for Metro in 2016/2017

20 October 2017 in Food

Metro’s preliminary results show that the German retailer has achieved a 1.6 % growth in its 2016/2017 fiscal year. Even on a like-for-like basis, there was still a slight growth: Metro itself considers it to be a successful year.

Action opens 1,000th store

20 October 2017 in Algemeen

Tomorrow is a special day for Dutch discounter Action, as it will open its 1,000th store in Gorinchem (in the Netherlands). The number of Action stores has almost doubled in the last two years.

Tepid summer leads to weaker ice cream sales for Unilever

19 October 2017 in Food

The past summer was not one with a lot of hot days and that has had its effect on Unilever’s ice cream sales. The division’s sales therefore slumped 6.7 %.

Danone alters management structure

19 October 2017 in Food

Danone has decided to alter its board structure. The position of chairman and CEO are now both occupied by current CEO Emmanuel Faber.

Difficult third quarter for Carrefour

18 October 2017 in Food

Carrefour’s quarterly results illustrate the major challenges the current CEO and his team face, especially in Western Europe. Belgian like-for-like turnover also dropped.

Sainsbury’s will cut 2,000 jobs

18 October 2017 in Food

British supermarket chain Sainsbury’s is to cut about 2,000 jobs in the United Kingdom, aiming to save up to 500 million pounds (560 million euro) in an attempt to compete with discounters.

Zalando ventures into make-up with physical store

18 October 2017 in Drogmetica

Fashion web shop Zalando is to start selling beauty products in Germany and in order to better present those products, it will open a physical beauty store in Berlin. Last quarter, Zalando came close to a 30 % turnover growth.

Food

EU guidelines on food donation helpful to reducing food waste

(Content provided by EuroCommerce) The European Commission adopted yesterday on the World Food Day, EU guidelines on food donation. Retailers and wholesalers welcome these guidelines as supporting efforts to recover and redistribute food to those in need.

  • Small growth for Metro in 2016/2017

    Metro’s preliminary results show that the German retailer has achieved a 1.6 % growth in its 2016/2017 fiscal year. Even on a like-for-like basis, there was still a slight growth: Metro itself considers it to be a successful year.

  • Tepid summer leads to weaker ice cream sales for Unilever

    The past summer was not one with a lot of hot days and that has had its effect on Unilever’s ice cream sales. The division’s sales therefore slumped 6.7 %.

  • Danone alters management structure

    Danone has decided to alter its board structure. The position of chairman and CEO are now both occupied by current CEO Emmanuel Faber.

read more

Fashion

Amazon prepares own sports clothing collection

Amazon is allegedly planning its own collections of sports clothing, having contacted manufacturers working for chains like Gap and Uniqlo. These are currently only producing small numbers of clothing for testing purposes.

  • H&M invests in old clothing recycling

    Swedish H&M has acquired a minority stake in Re:newcell, which targets the recycling of old clothing in order to ensure a more sustainable fashion industry.

  • Uniqlo's profit more than doubled

    In the past fiscal year, Japanese Uniqlo more than doubled its profit on the back of a 4 % turnover increase. The fashion chain forecasts international sales to soon outgrow those of Japan.

  • Gucci also halts fur production

    Fashion brand Gucci will no longer use fur in its clothing and accessories, as CEO Marco Bizzarri promised during his Kering Award for sustainable fashion acceptance speech for the London College of Fashion.

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