Food
Associated British Foods has had an excellent fiscal year thanks to budget fashion chain Primark, which managed to increase its turnover 16 % to 4.95 billion pounds (6.3 billion euro) and its profit 29 % to 662 million pounds (850 million euro).
» Read more
SuperGroup's new CEO Euan Sutherland has said his company will not discount its clothing despite the fact that the group will definitely miss its profit forecast. SuperGroup forecast a 60 to 65 million pound profit (76 - 83 million euro) profit now, missing the earlier 72.3 million pound (92 million euro) profit forecast due to the excellent weather over the past two months.
A massive debt rescheduling and a multi-million investment have helped French clothing giant Vivarte survive, but that comes at a cost: CEO Mark Lelandais is to resign.
Mulliez, the family owning France's largest chain of sports stores Decathlon, has quietly renamed the holding company above that chain - rebranded Oxylane in 2008 - back to Decathlon.
The Federation of the European Sporting Goods Industry (FESI), which defends the interests of sporting equipment manufacturers in Europe, has finally decided to allow retailers to join and welcomes Foot Locker Europe as its first retailer-member.
Belgian outlet centre Maasmechelen Village has been around for 13 years and attracts 3 million visitors a year, but has stacked up one loss after another. It now has a 236 million euro debt.
Swedish H&M's subsidiary & Other Stories has opened its first Dutch store, in a former Intertoys store in Amsterdam. The two-floor 650 sqm store will not only sell clothing, but also accessories, jewelry and beauty products.
CEO and founder Julian Dunkerton has stepped down as CEO of British SuperGroup, but clothing brand SuperDry's parent company has moved quickly to replace him.
American clothing group VF, owner of Antwerp fashion brand Kipling, has managed a 3.5 billion dollar (2.75 billion euro) turnover in its third quarter: that is a 7 % increase. It expects an even bigger full-year increase of 8 %.
Irish fashion discounter Primark will rent about 50,000 sqm of store space in seven American Sears stores. The latter hopes this will improve its disappointing results from the past several years.
French-Belgian children's products retailer Orchestra-Prémaman continues its Belgian expansion with 30 new stores.
Fashion chain Esprit has opened the first store of its new formula (every.day.counts) in the Kalverstraat in Amsterdam.
British fashion house Burberry is struggling with receding Chinese demand: despite strong online sales growth, in every region, the overall turnover growth has slowed down.
Celio's citywear clothing brand, CelioClub, will split off from its affiliate chain and focus on the premium market. It wants its own web shop, a new store concept and twice the number of boutiques.
To celebrate its 10th birthday, Cheap Monday, a H&M fashion subsidiary, has opened for 10 minutes in 10 different cities, including Amsterdam and Antwerp - but also Berlin, Paris, London and Seoul. Customers had to 'pay' by hashtag or like.
After seven years at the helm of the American clothing group Gap, Glenn Murphy (51) has passed on the torch to Art Peck (58). He had been responsible for innovation, growth and e-commerce. The transfer will take place in February.
