strategie

Dutch fashion brand Scotch & Soda has suffered a net loss of 12.9 million euros in its latest financial year. The new CEO, Frederick Lukoff, wants to grow the brand abroad by highlighting values such as freedom and tolerance.

Carrefour has no plans to sell its Chinese branch, a spokeswoman for the French retailer said to end to the rumours that have been circulating.

Belgo-Dutch retail group Ahold Delhaize is raising its online ambitions: the goal is now a turnover of seven billion euros by 2021, rather than the current target of five billion. The retailer will be heavily investing in stores and technology, while cutting costs at the same time.

Over the past few years, textile chain Zeeman invested a lot to remodel its store network and create a new image. Its improved results show that those investments are now paying off.

European food retailers are facing three radical changes: hypermarkets are under a lot of pressure, discounters are surging and eCommerce's growth is speeding up. Name brands have to act quickly to guarantee their future existence, according to a Bain & Company report.