Amazon does not comply with French anti-coronavirus regulations, a French Court of Appeal has now confirmed. Although the online giant is still allowed to ship essential products from French warehouses, they are all closed for the time being.
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The closure of bars and restaurants has resulted in a sharp decline in Pernod Ricard's sales, which fell by 13.3 % in the past quarter. Only in America sales grew slightly, mostly because the lockdown measures started later in the United States.
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French supermarket group Casino published a favourable quarterly report, with an increase in turnover that it largely owes to the lockdown in France. Both online activities and convenience stores reported exceptional results.
Hermès appears to be more resilient to the coronavirus crisis than many of its competitors: sales declined by "only" 7.7 % on a comparable basis in the first quarter, and sales in China are now expected to pick up again.
The Covid-19 pandemic has cost French luxury group LVMH 15 % in revenue in its first quarter. Most shops and production facilities are closed, but owner Bernard Arnault remains positive. He has waived his salary to set an example.
A storm of protectionism is blowing across Europe, now that the Covid-19 crisis is hitting trade and food production hard. Each country is dealing with the situation differently, not always abiding by EU regulations.
E-commerce giant Amazon will completely close its French distribution centres for a week, This decision follows a court ruling prohibiting the online retailer from selling products other than those deemed essential, as it would not take sufficient measures against Covid-19.
Orchestra-Prémaman has filed for receivership: the French children's clothing chain is only one more step away from bankruptcy. The chain is looking for a new buyer, hoping they will bring a new future.
Uber Eats is going to perform home deliveries for groceries from Carrefour in France. The company hopes to extend the cooperation to other countries, such as Belgium and Italy, on a later stage.
The lockdown in France also affects farmers and growers: French distributors have now vowed to stimulate local fresh food products, through advertising or even by adjusting their offer.
A French judge has imposed a record fine of 1.1 billion euros on Apple, which would have disadvantaged independent distributors with price-fixing and exclusion.
Discounter Lidl is banning Danone products from its French shelves after a discussion about price transparency. The ban on eight references of the Danette and Activia brands enters into effect on 15 May.
Fnac Darty's turnover rose slightly in 2019, as new activities were successfully integrated. The French electronics group remains cautious for 2020.
French luxury group Kering, owner of brands such as Gucci and Yves Saint Laurent, has once again experienced a year of strong growth. However, the precarious situation in China is causing the French group significant headaches.
(update) Dutch chain De Bijenkorf has confirmed it will create a French language version of its web shop to cater to France and the southern part of Belgium. Moreover, the company's German web shop will start delivering to Austria as well.
Zalando has expanded its loyalty program Zalando Plus to French consumers. Initially, however, the service is only available in Paris.