Lidl will open a new store in the centre of Antwerp, near the Central Station, with a slightly new concept focused on inner-city environments. The new concept will focus on fresh products, like fruit, vegetables, fruit and freshly-baked bread.
Lidl brings city concept to Antwerp
Shoe manufacturer Crocs lost a patent court case revolving around the shoe’s design. According to the American Patent & Trademark Office (USPTO), another company had a similar design for much longer.
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.
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.
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.
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.
British fashion chain New Look had a disappointing quarter, with a 4 % turnover drop. Its adjusted EBITDA fared much worse, with a 35 % drop.