German wholesaler Metro has had a mixed first quarter of its financial year 2018/19. While turnover went up slightly (on a comparable basis), profit went down. Western Europe saw strong performances.
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In terms of growth, 2018 was the best year cosmetics brand L'Oréal has had in a decade. The success is mainly due to the Asian market and the so-called 'lipstick effect'. 2019 looks promising as well.
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American shoe store chain Foot Locker's second quarter performance beat analysts' expectations and partially offset a weak first quarter.
British Asos has seen its turnover grow 30 % in the four months leading up to 30 June. It also seems to take advantage of the Brexit: a weaker pound has helped ignite international sales.
Hudson’s Bay forecasts a huge turnover growth for 2016, after it already experienced a decent turnover growth in 2015. If its forecast is correct, then the department store chain will have quadrupled its turnover in three years' time.
Steve Rowe, British Marks & Spencer's CEO, has unveiled a new strategy that should help revitalize clothing sales. He intends to lower prices for more than a third of its product range.
American shoe store chain Foot Locker 's first quarter was below expectations. It managed a turnover and profit increase, but both were lower than expected.
Samsonite's 2015 turnover grew 11.9 % to record height, up to 2.43 billion dollars (2.1 billion euro), mainly thanks to strong performances in Asia and Europe.