Belgian distributors have banned Dutch supermarkets from cashing meal vouchers. Vakcentrum Levensmiddelen believes the restriction could negatively impact the Dutch supermarkets and wonders whether European law actually allows such a move.
This English version is only a summary to make Dutch and Belgian retail news available for an international audience. The complete article can be read in the Dutch version or in French.
16/08/2017
Austrian investment firm JAB Holding wants to sell Swiss shoe brand Bally, hoping to get at least 600 million euro. The same company sold shoe brand Jimmy Choo not too long ago.
14/08/2017
Shoe manufacturer Crocs has lost a patent court case revolving around the shoe’s design. According to the American Patent & Trademark Office (USPTO), another company has had a similar design for much longer.
14/08/2017
Dutch fashion chain Coolcat, part of entrepreneur Roland Kahn’s group, has not managed to lower its losses in 2016. On the contrary: its losses grew more than 50 % compared to the year before.
10/08/2017
German Zalando has achieved its 20 % growth target for the second quarter, but just barely. It still forecasts a 20 to 25 % growth for its full fiscal year.
09/08/2017
Fashion label Gucci has decided to file a lawsuit against fashion chain Forever 21 in the United States. The case revolves around several pieces of clothing, all with a blue-red-blue or green-red-green ribbon.
08/08/2017
Fashion label Ralph Lauren’s first quarter was a very good one, as it beat both analysts’ turnover and profit forecasts. It is quite a turnaround for a company that suffered a huge loss only a year ago.
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