Kering holds steady, but Gucci remains a cause for concern
Luxe Group Kering is seeing its revenue stabilize, despite the ongoing decline at Gucci. Other brands, such as Saint Laurent and Bottega Veneta, are performing better. Meanwhile…
Corporate news
Fresh headlines across food, beverage, personal-care, home-care, retail and FMCG services, updated automatically and linked to the original publishers.
€2bn And As Many Units – Lidl France Targets European Food Export Expansion
Lidl France has set a target of surpassing €2 billion and two billion units in exported French agricultural and food products.
EBay cuts 1K jobs, downsizing for the second time this year
The layoffs, affecting about 9% of the marketplace giant’s global workforce, will impact all regions where it operates.
carpo announces global expansion plans with London at the heart of its international journey Inbox
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Oddbox: Halloween pumpkin demand rises as heat-hit harvest exposes supply chain strain
Halloween participation is set to rise this year, but the growing seasonal opportunity comes as UK pumpkin growers face a glut of undersized produce that falls outside supermarket…
Food and beverage layoffs accelerate
The sector has slashed close to 30,000 jobs as of September, up 76% from the same period last year.
eBay cuts another 1,000 jobs despite solid growth
The e-commerce platform eBay is cutting approximately 1,000 jobs worldwide, representing 9% of its workforce. This is already the second major round of layoffs this year. The…
Nestlé tracks toward mid-term targets but not immune from Russia seizure
Philipp Navratil marked his one-year anniversary as Nestlé CEO with a set of results putting the company on course to meet mid-term targets. The post Nestlé tracks toward mid-term…
How Amazon plans to help Belgian entrepreneurs generate 2 billion euros in export revenue
Together with the Belgian federal government and the industry federation Becom, Amazon aims to accelerate export growth for Belgian SMEs: the goal is to increase exports from the…
Nestlé posts solid progress in Q3 results
Nestlé reported a solid performance in its third quarter, with sales experiencing an organic growth of 4 per cent year-on-year to approximately £20.7bn. The company’s sales in the…
P&G Flags Bigger Hit To Annual Profit, Beats Revenue Estimates
Procter & Gamble warned of profit hit from higher commodity-related costs this year, even as first-quarter sales beat Wall Street estimates.
Dragons’ Den-backed Lumberjaxe is turning up the heat on its US expansion plans
Discover what's happening in retail today, Retail Times publishes international & UK retail news covering products, data, tech, packaging, people, research, comment and much more…