Tony's Chocolonely has incurred substantial losses this year, as a result of heavy investments in foreign expansion. This is explained in an interview by RTL Z with the man at the top, Henk Jan Beltman.
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In the third quarter, H&M Group recorded a 12% increase in sales. Taking into account constant exchange rates, the increase was 8%. And it was all thanks to a good summer.
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Spanish Inditex saw its turnover grow 7 % and its profit by 10 % in the first half of its financial year, despite the challenges on the fashion market. Zara's and Massimo Dutti's parent company too feels the consequences of a decreasing fashion market
Next year, Primark wants to open 19 more stores - including a first one in Poland. A webshop however is still not on the cards.
Belgian fashion group FNG continues its impressive growth despite a struggling market. The owner of chains like Brantano and Miss Etam saw both turnover and profit go up in the first six months of this year.
Danish toy manufacturer Lego keeps on growing, as a deal with Marvel and its superheroes proves very profitable. Chinese expansion is in full swing too and the first Dutch store opens next month, but Indian customers will have to wait a bit longer.
Steinhoff, the South-African owner of chains like Conforama and Poundland, has achieved a decent turnover growth in the first nine months of its financial year. Still, billions of euros worth in damage claims keep the company in trouble.
Meal box delivery company Deliveroo has seen its Belgian turnover go up 16 % last year, to 16.8 million euros, and hopes to reach profitability in the next few years.
French retailer Auchan has suffered a loss of almost 1.5 billion euros during the first half of 2019, as exiting the Italian market proved very costly. However, the chain sees signs that better times are on the way.
French liquor giant Pernod Ricard has had an excellent year, especially in China, and wants to build on that through a major acquisition and a new distillery.
As it posts its first quarter results, Belgian frozen vegetables producer Greenyard says it has turned a page and is headed for more profitability in the second half of its broken financial year.
Alibaba Group seems to be handling the current trade war between China and the US quite well, as its turnover and profit growth went into double figures again. Moreover, the Chinese company is preparing the acquisition of competitor Kaola.
A major restructuring in France and the yellow vests weighed down the accounts of Belgian retailer Louis Delhaize (not a part of the Ahold Delhaize group). The owner of Cora and Match also suffered losses in Belgium and Romania.
Capri Holdings, the owner of brands like Michael Kors, Versace and Jimmy Choo, has performed better than analysts had expected in the last quarter. However, the required investments cut a great deal out of the profit.
Carrefour Belgium has suffered a record 55.6 million euro loss last year, as costs for a major restructuring mounted. The hypermarkets specifically are still in a terrible shape.
Despite the strike at American subsidiary Stop & Shop, Ahold Delhaize was able to limit the damage to its financial results. Dutch bol.com performed strongly, Belgian Delhaize less so.