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Fashion5 November, 2024
Hugo Boss marches in slow motion
Hugo Boss stagnated in the third quarter. In particular, the contraction in China cost the German fashion group profits, but major cost reductions should improve matters.
Fashion5 November, 2024
Profit goes double at Primark
Fashion discounter Primark has doubled its operating profit in the last financial year, while sales grew by 6%. The Irish retailer expects a successful Christmas period.
Food5 November, 2024
Donut seller Dunkin’ resumes in the Netherlands
The Dutch branch of donut chain Dunkin‘ is making a partial restart. Following bankruptcy, a long-time friend is taking back control of the franchise.
Food5 November, 2024
Auchan cuts costs and jobs
Auchan ‘s management is taking out the hatchet: the loss-making French food retailer is to cut nearly 2,400 jobs, close ten unprofitable stores and discontinue its home delivery business.
Fashion5 November, 2024
Zalando kicks off fall and winter season strongly
Zalando posted solid growth in the third quarter. The online fashion platform benefited from increasing consumer demand, but also invested heavily in its logistics operations.
General4 November, 2024
Blokker gets protection from creditors: will bankruptcy follow?
Dutch retailer Blokker was granted a moratorium on payment on Monday morning, reports Ynse Stapert, CEO of parent company Mirage Retail Group. The some four hundred shops remain open for now, the webshop is closed.
General4 November, 2024
‘Galeria is a healthy company again’
After a thorough reorganisation, German department store chain Galeria is healthy again, says CEO Olivier Van den Bossche, who, in addition to a new commercial strategy, is also aiming for a genuine cultural change.
Food4 November, 2024
Jumbo launches new food brand: ‘Between A-brand and private label’
With the new food brand Jumbo’s now appearing in Dutch and Belgian stores, Jumbo aims to reconcile quality, taste and affordability. This is not a private label, but a completely new brand, says the retailer.
General4 November, 2024
Payment fraud on the rise for 85 % of Belgian online retailers
(Advertorial) As retail – and especially payments – is increasingly becoming digital, cyber threats are increasing at the same rate. An overwhelming 85 % of Belgian retailers say attempted e-commerce fraud and illegal transactions are increasing. How can they protect themselves?
Home31 October, 2024
Casa buys time with judicial reorganisation
Belgian chain Casa International has filed for judicial reorganisation, facing persistent cash problems. The retailer is now pinning its hopes on a successful Christmas sale.
Fashion31 October, 2024
SuitSupply founder buys out investor
SuitSupply CEO Fokke de Jong has bought out investment firm NPM Capital in a debt refinancing deal. The Dutch suit store chain is freeing up funds to open new shops.
Algemeen31 October, 2024
European Commission starts investigating counterfeits on Temu
The European Commission has launched formal proceedings to determine whether Chinese marketplace Temu respects the rules of the Digital Services Act (DSA), following complaints about illegal products and the addictive nature of the app.