Samwer brothers sell half of Zalando shares

German brothers Samwer have sold almost half of the shares their investment firm, Global Founders, still holds in Zalando. The brothers’ share in the German online fashion retailers is now less than 5 %.

Strong turnover and profit increases for Henkel

Henkel’s first quarter turnover and profit both grew a lot. It also achieved a nice feat: for the first time ever, the German trade group surpassed the 5 billion euro turnover milestone.

Amazon Lockers at Aldi and Edeka
  • Published in m-Tail

Following its Amazon Lockers in several Shell gas stations, online department store Amazon has now installed several pick-up lockers on the parking lots of store chains Edeka and Aldi.

More than 20 million active Zalando customers

At the end of its first trimester, Zalando surpassed the twenty million active customer milestone. Turnover for the quarter also grew nearly 25 %, to 980.2 million euro.

Strong turnover growth for Adidas

The first quarter of 2017 proved to be an excellent one for German sports brand Adidas. Turnover grew nearly 20 % and profit did even better with a 30 % increase, mainly thanks to strong performances in North America and China.

Amazon Fresh launches in Germany
  • Published in Food

Amazon has launched its online supermarket Amazon Fresh in Germany, but so far it only ships to Berlin and Potsdam. However, the goal is to expand to a nationwide delivery service in the future.

Minor turnover increase for Hugo Boss

German fashion label Hugo Boss’ turnover grew 1 % in 2017’s first quarter. There was growth virtually everywhere, but it did suffer a sizeable setback in the United States.

Pop-up bistro for Aldi Süd
  • Published in Food

Aldi Süd opened a pop-up restaurant in Cologne last week in an attempt to promote its fresh food division. Customers could eat meals prepared solely with Aldi products.

Zalando wants to open its own stores

German online fashion store Zalando wants to simulate Coolblue and Amazon and open its own chain of stores, mainly as a giant billboard to help promote the web shop.

Dr. Oetker sells slightly more pizzas in 2016
  • Published in Food

Food company Dr. Oetker managed a slight 1.6 % turnover increase in 2016, mostly thanks to its home territory, Germany. It generated a decent growth in this particular market, which still contributes nearly half of the company’s turnover.

Rocket Internet's top companies continue their growth
  • Published in m-Tail

German incubator Rocket Internet’s most important companies have continued their turnover growth in 2016. Losses were also lowered and Rocket Internet says it is well on its way to become profitable soon.

Zalando continues growth in 2017

German online fashion store Zalando continues to grow vigorously in 2017’s first quarter. The preliminary results show that it will once again publish turnover growth surpassing 20 %, a target the company has set for its full fiscal year as well.

New CEO for Beate Uhse

On 15 April, Michael Specht will become German Beate Uhse’s new CEO and COO at the same time. Cornelis Vlasblom will still be CFO.

Zooplus grows more than 25 % in 2016

Animal web shop Zooplus' turnover grew 28 % in 2016, compared to the year before. For 2017, it hopes to surpass the 1 billion euro turnover barrier as a first step towards its ultimate goal, which is to surpass 2 billion euro in 2020.

DHL delivers Amazon Fresh in Germany
  • Published in Food

In Germany, DHL will become Amazon's exclusive logistics partner when it will start delivering Amazon Fresh orders at home in Berlin next month, with the remainder of Germany soon to follow.

Another huge turnover growth for Zalando

German online fashion retailer Zalando has managed a 23 % turnover increase in 2016, and the ambitious online shop now forecasts an equally large increase for 2017.

Amazon will create 15,000 European jobs in 2017
  • Published in m-Tail

American online powerhouse Amazon aims to create 15,000 new jobs in Europe this year (among which 2,000 in Germany, 1,500 in France and 5,000 jobs in the United Kingdom), as the company looks to expand its logistics network and other services.

Peugeot confirms merger talks with Opel

French automobile group PSA, which owns brands like Peugeot and Citroën, is in preliminary talks with General Motors to see whether it can merge its own activities with two of GM's brands, German Opel and British Vauxhall.

Metro Group shareholders nearly unanimously approve split

99,95% of German Metro Group's shareholders approved the company's split into Metro and Ceconomy, bringing the actual split very close.

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