Koen Tengrootenhuysen leaves Decathlon after twenty years
After twenty years, Koen Tengrootenhuysen is leaving sports retailer Decathlon. He played a key role in the chain’s store expansion and real estate strategy in the Benelux. He…
Corporate
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L’Oréal outpaces the beauty market thanks to luxury and skincare
L’Oréal had an exceptionally strong third quarter. The French cosmetics giant saw its revenue rise by nearly 12%, thanks to strong demand for premium hair care, dermatological…
Maisons du Monde’s revenue plummets 21% due to inventory problems
Maisons du Monde is experiencing a particularly difficult third quarter. Online sales, in particular, are taking a heavy hit, but ongoing inventory issues and fewer promotions are…
ESM’s Retail Wrap – Carrefour, Patrizia, Lidl Switzerland, ESD Italia
Carrefour and ADP team up for airport stores; Patrizia invests in Lidl real estate; Lidl Switzerland and WWF promote sustainable consumption.
Kilwin introduces new franchise model
The Kilwins Select model features a smaller footprint, simplified build-out and a curated product assortment. The lower investment cost of Kilwins Select lowers barriers to entry…
Wilde bags new funds to fuel protein snacks growth
Protein-snacks manufacturer Wilde has secured new investment to fuel the US company's its “next phase of growth”. The post Wilde bags new funds to fuel protein snacks growth…
Heineken Document Reveals Worries Over Weight-Loss Drugs And Beer Sales
Heineken urges British pubs to adapt to growing weight-loss drug use or risk losing customers and revenue as beer sales come under threat.
Sodexo Beats Forecasts As Turnaround Gains Traction After North America Setbacks
Sodexo reported stronger-than-expected full-year revenue on Friday, helped by steady demand and higher prices.
Fairfields Farm plots major expansion as it celebrates 20 years
Fairfields Farm is planning to more than double its production capacity over the next three years as it celebrates its 20th anniversary. The Essex-based producer is preparing to…
Debenhams Group returns to profit for first time in five years as turnaround accelerates
Debenhams Group has swung back into profit for the first time in five years. The company, which owns Debenhams, PrettyLittleThing, boohoo and Karen Millen, reported a pre-tax…
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…
€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.