British Unilever’s 2013 turnover dropped 3 % to 49.797 billion euro, but the decrease was mainly because of exchange rate fluctuations: at stable rates, there would have had a 3.2 % increase.
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warehouse chain Le Printemps has opened
its first new store in 32 years in Le Carrousel du Louvre, the luxury shopping centre below
the pyramid of France’s most famous museum.
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German retail group Metro has had a disappointing quarter: between 1 October
and 31 December 2013, the concern saw its turnover drop 3.3 % to 18.7 billion euro.
An increasing number of luxury brands aknowledge the importance of being near
travelling consumers and open
stores in airports or on cruise ships. This sector sees plenty of growth possibilities because of the growing number of Asian
The European Union is going to
regulate the sale of the electronic cigarette: the product will have to
adhere to rules for medication and tobacco products, while the latter will get even stricter rules.
Galeries Lafayette is in
“exclusive” and “advanced” talks to
purchase the luxury chain House of Fraser. The chain of highly valued
department stores would be worth half a billion euro.
German group Metro has created a higher turnover and EBIT in its short financial
year, mostly thanks to rising online sales. The company expects to continue this
positive trend in the following financial year.
British-Dutch Unilever will
continue its rationalization as it seeks
to reduce its product references by another 30 %. On top of that, more than
800 marketing jobs will be cut in an attempt to save an additional 500 million
742 web shops selling counterfeit
products have been shut down in a large-scale international collaboration. Belgian
customs closed down 254 .eu domains and 7 .be domains.
Americans have ‘only’ spent 57.4 billion dollars (42 billion euro) during
the extended Thanksgiving holiday, 2.7 % less than in 2012. It is the first time since 2009 that the numbers dropped.
French book and music chain Fnac has been rewarded by investors for its new strategies, as the share price pushed ahead of its introductory price (22 euro) of last June.
Franchising is 'booming business' in France: numbers show an incredible
turnover growth to 50.7 billion euro - which makes the franchise sector still larger than e-commerce.
British record label Rough Trade has opened New York's largest record store in the heart of Brooklyn. Rough Trade NYC has a floor space of 10,000 sqm, larger than both its London record stores put together.
Walmart-CEO Mike Duke has resigned because of a corruption scandal in
which Mexican officials were getting kickbacks in order to get, among others,
building permits faster. He will be replaced by
Doug McMillon on 1 February 2014.
German fashion web shop Zalando has expanded into Luxembourg: the online retailer is partnering
with the Luxembourgish postal services to deliver the packages to the
Online search engine MediaSpecs has expanded into the French market. The Belgian tool
will now offer French media and communication specialists information about the
entire media and advertising landscape in a few clicks of the mouse.