Food
British retailers angrily responds to Boris Johnson's promise that there would be no shortage of food after a no deal brexit. They point out that they can not indefinitely stockpile supplies every time a deadline day gets near.
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General
The extension of the Brexit deadline is - finally - some good news for European retailers, branch organisation EuroCommerce says. However, it also has a major drawback.
Belgian Lotus Bakeries keeps on growing: later this year, the company will be opening a factory in the United States. It is a historical step for the company: for the first time, Lotus will be making speculoos abroad.
Fashion
Luxury group LVMH, known as the parent company of Louis Vuitton, Moët & Chandon and others, has had a record year: profits went up by as much as 21% and exceeded the record height of 10 billion euros. How? By embracing exclusivity.
A hard Brexit might lead to a serious disruption of e-commerce across the borders: the industry therefore insists that Europe and the UK reach a deal quickly.
Trade wars and discrimination within the single market create growing pressures on retailers in Europe. EuroCommerce Director-General Christian Verschueren is concerned, but looks forward confidently to the future.
The Brexit may have serious consequences for Aurum, which owns the UK’s largest watch retailers: its American majority shareholder may put it up for sale.
Cosmetics
British cosmetics group Lush is moving its European production to Germany because of the result of the British EU membership referendum.
AB InBev has decided to increase its SABMiller bid by a pound to 45 pounds per share, after SABMiller's major shareholders asked for an increased bid: they felt the Brexit had devaluated the original bid.
Primark's owner Associated British Foods expects its turnover will be artificially boosted thanks to the pounding the British pound received after the Brexit referendum.
Aldi and Lidl will face fewer consequences of the Brexit in the United Kingdom their major British rivals, because they rely more on local products. This will benefit them, according to a Kantal Retail analysis.
Companies that export textile, food, pharmaceuticals and certain plastics to the United Kingdom will be hit most by the effects of a Brexit, says KU Leuven's professor of international economy, Jan Van Hove.
