Stefan De Loecker, currently number two at Beiersdorf, will become CEO of Nivea’s parent company as from December. Previously, the Antwerp resident worked for twenty years at Nestlé.
According to Bloomberg news agency, Uber is conducting exploratory talks with meal delivery company Deliveroo. Should it indeed come to an acquisition, then it would be a billion-dollar deal.
The first two branches of Jack's, the new discount formula by Tesco, have opened their doors. The English retail giant aims to offer prices that are lower than those at Aldi and Lidl.
Jack Ma, founder of Chinese e-commerce giant Alibaba, is withdrawing his promise of creating a million jobs in the United States. Ma is doing this to respond to the escalating trade war between China and the US, which is entering a new phase next week.
The rumour has been around for a while and now Orchestra's top executive Pierre Mestre has confirmed it: he intends to take over the French branch of toy chain Toys'R'Us and become France's absolute number 1 on the children's market.
Is Amazon getting an unjust advantage from the data of online retailers selling through its marketplace? The European Committee has started a preliminary investigation to find out, according to European commissioner Margrethe Vestager.
Scandinavian home improvement chain JYSK has achieved a record turnover of 2.16 billion euro: CEO Jan Bøgh is particularly happy with the strong growth in the number of customers.
French windows discounter Tryba has added Belgium to the list of countries in which it is active, following France, Germany, italy and Switzerland. The company aims to add five stores per year in Belgium, gradually expanding tot thirty Belgian stores.
German retail giant Metro is looking to sell its hypermarket chain Real, in order to continue narrowing its focus on wholesale. Amazon is named as one of the potential buyers.
Since announcing a new store concept last March, Aldi has already remodelled 100 Belgian stores, with 60 more to come before the end of the year.
French supermarket chain Monoprix is now also delivering through Amazon's Prime Now. The orders, only in the North of Paris, are prepared in Monoprix' stores.
Spanish fashion giant Inditex reached a new record turnover in the first half of 2018, breaking the 12 billion euro limit for the first time. Profit too rose to a record high, but estimates for the second half of the year differ greatly.
Nutritional labels are often unclear to consumers, but Nutri-score does help people to reduce the portions of less healthy products, a recent scientific study claims.
German discounter Lidl managed to grab the attention at the Amsterdam Fashion Week, where former top model Heidi Klum presented her fifth collection for the discounter. However, it was rather with the socks that Lidl put in the goodie bags that the retailer got all the attention.
As the cause of the listeria contamination in Greenyard's Hungarian plant is found, the factory is reopening. The contamination in frozen foods produced in the factory caused nine deaths.
French chain Carrefour has removed almost all A-brands products from the shelves in four stores, in order to test the consumers’ willingness to buy only private labels.
The name or photograph of a Michelin chef on a prepared meal in a supermarket does not guarantee a balanced diet. In France, certain ready-made meals by well-known chefs do not meet their image in terms of quality and are sometimes downright misleading.
Belgian lingerie producer Van de Velde sees its financial director Bart Rabaey leave the company after a series of struggling quarters. Meanwhile, the manufacturer of Prima Donna and Marie-Jo did get approval to work weekends and nights.
Carrefour Belgium has introduced a lowest price guarantee on organic products on its private label: a first visible result of the application of its new Act For Food programme to Belgium. The goal: letting Belgians eat better again.
Swiss luxury goods producer Richemont has appointed Jérôme Lambert as its CEO, not even two years after the position was abolished to give each brand its own boss.