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Leisure6 August, 2026
Bicycle company behind Batavus and Sparta faces bankruptcy
Accell, the Dutch bicycle group behind brands such as Batavus, Sparta, Koga, and Babboe, has been granted a stay of payment, which is often a precursor to bankruptcy. Acquisition talks with a Singaporean investment firm fell through.
General6 August, 2026
Bol also warns of a data breach at a logistics partner
In a cyber incident involving one of Bol’s logistics and warehousing partners, customer data may have been accessed or stolen. This is the same company that De Bijenkorf had previously warned about.
Food5 August, 2026
Former Carrefour CEO Daniel Bernard has died
Daniel Bernard, who served as CEO of Carrefour from 1998 to 2005, passed away on the night of August 4–5. He expanded the retailer’s international operations, oversaw the merger with Promodès, and acquired GB, the Belgian market leader at the time.
Fashion5 August, 2026
Michael Kors’ disappointing performance weighs on Capri Holdings’ results
Capri Holdings saw a decline in revenue in the first quarter of its fiscal year, primarily due to Michael Kors’s underperformance, despite strong results from Jimmy Choo.
Fashion5 August, 2026
Mud Jeans files for bankruptcy, hopes for a fresh start
The Dutch circular denim brand Mud Jeans has succumbed to an excessive debt burden and has filed for bankruptcy. CEO Dion Vijgeboom hopes, however, that this is not the end of the story.
Food5 August, 2026
Organic distributor Marma acquires eight brands from Distribio
Consolidation in the organic sector continues: Starting August 1, Marma of Tienen will take over the distribution of eight organic food brands from Distribio. Both companies hope this will allow them to focus more on their core businesses.
Fashion5 August, 2026
Shein worth only half as much at IPO
Shein plans to go public on the Hong Kong Stock Exchange this month and is aiming for a valuation of 30 to 40 billion U.S. dollars. That is much less than the fashion giant was once worth, as new import tariffs are eroding its profitability.
General5 August, 2026
Broeklin, the successor to Uplace, lays the groundwork for its 2028 opening
Development of Broeklin is getting underway. Earthwork has begun on the former Uplace site in Machelen. Construction is scheduled to begin later this year, with an opening planned for 2028.
Fashion5 August, 2026
De Bijenkorf logistics partner hit by a cyberattack
A cyberattack on one of De Bijenkorf’s logistics partners is causing delays in orders, returns, and refunds. The department store is investigating whether the attackers were also able to access customers’ personal data.
Fashion5 August, 2026
Kering turns to secondhand to lure back customers
Kering is exploring ways to sell pre-owned items from Gucci, Balenciaga, and Saint Laurent directly. The luxury group hopes to win back consumers who have turned away due to steep price increases, without compromising on exclusivity.
Food5 August, 2026
Procter & Gamble acquires dietary supplement manufacturer
Procter & Gamble, the American multinational primarily active in personal care and household products, is paying billions to acquire Thorne, a manufacturer of dietary supplements.
Food5 August, 2026
Heineken sells more beer and has already cut 3,000 jobs
Somewhat contrary to expectations, Heineken sold more beer in the first half of this year, though not in Europe. The cost-cutting program, which will result in the loss of 6,000 jobs, is halfway through.