(IN BRIEF) Ingka Group, the leading IKEA retailer, is embarking on an ambitious expansion journey by opening new IKEA stores and customer meeting points in various locations worldwide. In Switzerland, a modern IKEA store opened in Riddes, featuring innovative sustainability … Read the full press release
Posted in Business, Netherlands, Retail, Switzerland
Tagged CHINA, Cindy Andersen, IKEA retailer, IKEA store, IKEA Xi’an Yanta, Ingka Group, Livat meeting place, Riddes, Switzerland, Tolga Öncu, Xi’an
(IN BRIEF) As excitement mounts for Taylor Swift’s long-awaited UK tour, fans have fallen prey to a surge in concert ticket scams, with fraudsters exploiting social media platforms to target eager concert-goers. Analysis by Lloyds Bank reveals a concerning trend, … Read the full press release
Posted in Banks, Business, Entertainment, Financial, Industrial, Internet & Online, Investment, Management, Marketing, Media, News, Retail, Security & Safety, Technology, United Kingdom
Tagged Liz Ziegler, Lloyds Bank, SECURITY, social media, Taylor Swift Fans, Ticket Scams, UK Tour
(IN BRIEF) Unilever introduces Wonder Wash, a groundbreaking laundry detergent under its Dirt Is Good brand, designed to excel even in short 15-minute cycles. Leveraging robotics and AI, Unilever has developed a science-backed solution to address evolving laundry needs, catering … Read the full press release
(IN BRIEF) Ahold Delhaize, a global retail giant, introduces NextCo, an advisory board to the Executive Committee (ExCo), aiming to incorporate the perspectives of the next generation into strategic decision-making processes. Comprised of six Millennial leaders from key countries where … Read the full press release
(IN BRIEF) Kering and the Festival de Cannes are set to bestow the prestigious 2024 Women In Motion Award upon Dame Donna Langley, Chairman of NBCUniversal Studio Group and Chief Content Officer, during an official dinner in Cannes. Langley’s illustrious … Read the full press release
Posted in Apparel, Fashion & Beauty, Awards, Business, Entertainment, France, Industrial, Management, Media, News, Retail, Society
Tagged 2024 Women In Motion Award, Awards, Donna Langley, Festival de Cannes, François-Henri Pinault, Geena Davis, Gong Li, Inclusion, Iris Knobloch, Isabelle Huppert, Jane Fonda, Kering, leadership, Michelle Yeoh, partnership, Patty Jenkins, Salma Hayek, Susan Sarandon, Thierry Frémaux, Viola Davis, women's empowerment
(IN BRIEF) PUMA collaborates with the Mercedes-AMG PETRONAS F1 Team to introduce the Crews Go Summer Collection, seamlessly blending the team’s iconic identity with casual streetwear silhouettes. Each piece in the collection, from hoodies to shorts and shirts, exudes track … Read the full press release
Posted in Apparel, Fashion & Beauty, Automotive, Business, Entertainment, Environment, Financial, France, Germany, Government, Industrial, Investment, Management, Marketing, News, Retail, Sports
Tagged Crews Go Summer Collection, Mercedes-AMG, partnership, PETRONAS F1 Team, PUMA, sports, sustainability
(IN BRIEF) Bulgari unveils Bulgari Studio, a groundbreaking platform fostering co-creation and innovation, particularly focusing on reimagining iconic pieces like the B.zero1 ring and introducing new creations like the Bulgari Roma bag and Bulgari Bulgari watches. This initiative marks a … Read the full press release
Posted in Apparel, Fashion & Beauty, Business, France, Government, Industrial, Infrastructure & Utilities, Management, News, Retail
Tagged Bulgari, Bulgari Studio, fashion, Hub of Creative, Luxury, LVMH, partnership
(IN BRIEF) Ahold Delhaize announces the repurchase of 900,000 common shares between April 8 and April 12, 2024, as part of its €1 billion share buyback program initiated in November 2023. With shares bought at an average price of €26.94 … Read the full press release
Posted in Business, Economy, Financial, Food & Beverage, Industrial, Investment, Management, Netherlands, News, Retail
Tagged Ahold Delhaize, Financial, investment, Shares Buyback Program
(IN BRIEF) After seven years as Chair of the Board, Andrew Cosslett will step down from Kingfisher plc’s Board of Directors at the conclusion of the Company’s AGM on June 20, 2024. Claudia Arney, an Independent Non-Executive Director since November … Read the full press release
Posted in Business, Industrial, Management, News, Retail, United Kingdom
Tagged Andrew Cosslett, appointment, Catherine Bradley CBE, Chairman, Claudia Arney, Kingfisher plc, leadership, Rakhi Goss-Custard
(IN BRIEF) Citycon Oyj’s Board of Directors has approved the launch of a new stock option plan and restricted share unit plan aimed at the Chief Executive Officer, aiming to enhance alignment between shareholder objectives and CEO incentives while bolstering … Read the full press release
Posted in Business, Financial, Finland, Industrial, Investment, Management, News, Real Estate, Retail
Tagged CEO Objectives, Citycon, Financial, Incentive Plans, investment, Shareholder Value
(IN BRIEF) Citycon introduces Spotlight, a dynamic suite of flexible solutions designed to enhance retailer visibility in its Nordic region centres, catering to the evolving retail landscape. Spotlight extends beyond traditional leasing, offering retailers prime exposure in high-traffic areas through … Read the full press release
Posted in Business, Finland, Industrial, Management, News, Real Estate, Retail, Technology
Tagged Citycon, Jussi Vyyryläinen, Nordic Centres, retailers, Spotlight Solutions
(IN BRIEF) PUMA unveils its first worldwide brand campaign in a decade, titled “FOREVER. FASTER. – See The Game Like We Do,” aiming to solidify its position as the fastest sports brand globally. Rooted in PUMA’s DNA, the campaign celebrates … Read the full press release
Posted in Business, Financial, France, Industrial, Investment, Management, Marketing, News, Retail, Sports, Technology
Tagged "FOREVER FASTER" Campaign, Arne Freundt, basketball, Breanna Stewart, football, handball, Karsten Warholm, Mondo Duplantis, Neymar Jr, PUMA, Richard Teyssier, Rudolf Dassler, running, sports
(IN BRIEF) Adyen, in collaboration with Cebr, has unveiled concerning statistics indicating a staggering $429 billion loss to payments fraud in the retail sector in 2023. The report exposes an average loss of $2.98 million per enterprise, with luxury fashion … Read the full press release
Posted in Business, Financial, Government, Industrial, Internet & Online, Investment, Management, Netherlands, News, Retail, Security & Safety, Technology
Tagged Adyen, Cebr, partnership, Prevention Strategies, Retail Fraud Losses, Roelant Prins, SECURITY
(IN BRIEF) During Milan Design Week, IKEA’s “1st” exhibition at Padiglione Visconti becomes a haven for the city’s music scene, celebrating individual journeys towards independence through the fusion of music and design. Featuring nightly performances from various artists like Lorenzo … Read the full press release
Posted in Apparel, Fashion & Beauty, Business, Entertainment, Financial, Industrial, Investment, Italy, Management, Media, Netherlands, News, Retail
Tagged "1st" Exhibition, Akeem, Burro studio, Ciao! Discoteca Italiana, design, IKEA, Ingka, Lorenzo Senni, Marcus Engman, Melodies of Milan, Milan Design Week, music, Padiglione Visconti, SLIPMODE
(IN BRIEF) Ahold Delhaize has disclosed its repurchase of 200,000 common shares between March 25, 2024, and March 28, 2024, at an average price of €27.45 per share, totaling €5.5 million. This buyback is part of the company’s €1 billion … Read the full press release
Posted in Business, Economy, Financial, Food & Beverage, Industrial, Investment, Management, Netherlands, News, Retail
Tagged Ahold Delhaize, Financial, investment, Shares Buyback Program
(IN BRIEF) Adyen collaborates with Riverty, a part of the Bertelsmann Group, to offer merchants in the DACH region a new 14-day invoice Buy Now, Pay Later (BNPL) payment method seamlessly integrated into Adyen’s fintech platform. This partnership aims to … Read the full press release
Posted in Banks, Business, Financial, Germany, Government, Industrial, Internet & Online, Investment, Management, Netherlands, News, Retail, Technology
Tagged 14-Day Invoice, Adyen, Bertelsmann Group, buy now, Hella Fuhrmann, Netherland, partnership, Pay Later Solution, Riverty, Walter Drieenhuizen
(IN BRIEF) Hachette Livre announces a strategic partnership with Gallmeister, an esteemed independent publisher known for its commitment to quality literature worldwide. As part of the collaboration, Hachette Livre will acquire a minority stake in Sequoia, Gallmeister’s distribution arm, and … Read the full press release
Posted in Business, Education, Financial, France, Industrial, Investment, Management, News, Retail, Travel
Tagged Gallmeister, Hachette Livre, Lagardère, partnership, publishing
(IN BRIEF) The latest GfK Consumer Climate Report reveals a gradual improvement in consumer sentiment in Germany, with slight increases in economic expectations and income optimism. However, the willingness to buy remains low despite rising income, reflecting persistent consumer uncertainty … Read the full press release
Posted in Business, Commodities, Economy, Financial, Germany, Government, Industrial, Investment, Management, Marketing, News, Retail
Tagged Consumer Climate Report, economy, Financial, Germany, GfK, investment, Nuremberg Institute for Market Decisions (NIM), Rolf Bürkl
(IN BRIEF) Ahold Delhaize announces the repurchase of 255,145 common shares between March 18 and March 22, 2024, at an average price of €27.18 per share, totaling €6.9 million. This transaction is part of the €1 billion share buyback program … Read the full press release
Posted in Business, Economy, Financial, Industrial, Investment, Management, Netherlands, News, Retail
Tagged Ahold Delhaize, Financial, investment, Shares Buyback Program
(IN BRIEF) Nomagic, a leading developer of intelligent robotics for e-commerce and retail warehouses, has secured an €8 million loan from the European Investment Bank (EIB) to enhance its research and development (R&D) efforts. The loan, supported by the European … Read the full press release
Posted in Artificial Intelligence (AI), Banks, Business, Economy, Electronics & Machinery, Financial, Government, Industrial, Investment, Luxembourg, Management, News, Poland, Retail, Technology
Tagged EIB, Marek Cygan, Nomagic, Nomagic React.AI, partnership, Poland, robotic automation solutions, Teresa Czerwinska
(IN BRIEF) In a strategic move, Kuehne+Nagel, a global logistics giant, has revealed plans for a state-of-the-art contract logistics fulfillment center in Piscataway, New Jersey. Spanning 100,000 sq. ft., this facility, positioned near the company’s existing luxury retail fulfillment center, … Read the full press release
(IN BRIEF) Kingfisher announces the launch of a home improvement e-commerce marketplace at Castorama France, marking another milestone in its marketplace expansion strategy. With over 500,000 new products from third-party merchants, Castorama customers will enjoy a sevenfold increase in product … Read the full press release
Posted in Business, Environment, Financial, Industrial, Internet & Online, Investment, Management, Marketing, News, Retail, Technology, United Kingdom
Tagged Castorama France, eCommerce, home improvement, Kingfisher, Marc Vicente, marketplace, Mirakl, partnership, retail, sustainability
(IN BRIEF) The Otto Group announces its bold climate targets aiming to reduce greenhouse gas emissions by 42% by 2031 compared to 2021, validated by the Science Based Targets Initiative (SBTi). Setting a precedent in the industry, the Group integrates … Read the full press release
Posted in Business, Environment, Germany, Industrial, Management, News, Retail
Tagged Alexander Birken, climate targets, Otto Group, Prof Dr Tobias Wollermann, sustainability
(IN BRIEF) Ahold Delhaize announces the repurchase of 704,412 common shares between March 11, 2024, and March 15, 2024, as part of its €1 billion share buyback program initiated on November 8, 2023. The shares were bought at an average … Read the full press release
Posted in Business, Economy, Financial, Industrial, Investment, Management, Netherlands, News, Retail
Tagged Ahold Delhaize, Financial, investment, Share Buyback Program
(IN BRIEF) Louis Vuitton has debuted its inaugural podcast series, “Louis Vuitton [Extended],” hosted by journalist and fashion documentary filmmaker Loïc Prigent. This bi-monthly podcast delves into the heart of Louis Vuitton’s creative process, sharing behind-the-scenes stories of iconic events … Read the full press release
(IN BRIEF) Kering’s Board of Directors proposes the appointment of three new independent directors, Rachel Duan, Giovanna Melandri, and Dominique D’Hinnin, at the upcoming Annual General Meeting. Rachel Duan brings extensive experience from General Electric, focusing on the Asian market … Read the full press release
(IN BRIEF) Adyen, a leading global financial technology platform, has been recognized in The Forrester Wave™ Merchant Payment Providers, Q1 2024 report. Adyen received the highest score in six categories, including vision and innovation. Praised for its seamless payment solutions … Read the full press release
Posted in Awards, Business, Financial, Management, Netherlands, Retail, Small Business, Technology
Tagged Adyen, data, Enterprise organizations, financial technology, financial technology platform, fintech, Machine Learning, Merchant Payment Providers, merchants, omnichannel payments, payment data enrichment, payment performance optimization, POS terminals, Roelant Prins, The Forrester Wave™
(IN BRIEF) Ahold Delhaize, along with its local brands, has established Greenhouse Gas (GHG) emission reduction targets aligned with the 1.5ºC trajectory, following the Science Based Targets initiative (SBTi). These targets aim to reduce carbon emissions across operations and the … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Management, Netherlands, Retail
Tagged Ahold Delhaize, GHG emission reduction targets, global warming, greenhouse gas, reduce carbon emissions, SBTi, Science Based Targets initiative, scope 1 targets, scope 2 targets, scope 3 GHG emissions footprint, scope 3 targets, value chain
(IN BRIEF) In 2023, Relay, the iconic brand by Lagardère Travel Retail, showcased its commitment to enhancing travelers’ experiences worldwide with a redefined brand signature and strategic partnerships. Renewed collaborations with Group ADP and SNCF in France highlighted Relay’s agility … Read the full press release
Posted in Business, Financial, France, Government, Industrial, Management, News, Retail, Travel
Tagged expansion, Group ADP, Lagardère Travel Retail, Nathalie Simon, partnership, Relay, SNCF, sustainability
(IN BRIEF) Ahold Delhaize unveils its 2023 Annual Report, highlighting its financial and non-financial performance amidst challenging circumstances. The report underscores the company’s dedication to creating value for customers and communities while advancing towards a healthier and sustainable food system. … Read the full press release
Posted in Business, Commodities, Economy, Environment, Financial, Food & Beverage, Industrial, Investment, Management, Netherlands, News, Retail
Tagged 2023 Annual Report, Ahold Delhaize, Commitment, Financial, Frans Muller, investment, resilience, sustainability
(IN BRIEF) Brenntag, the global leader in chemicals and ingredients distribution, is commemorating its 150th anniversary in 2024. Originating as an egg wholesale business in Berlin in 1874, Brenntag has evolved into a DAX-listed company with a worldwide presence. Throughout … Read the full press release
(IN BRIEF) Sainsbury’s, the UK’s largest supermarket chain, has introduced a dedicated ‘Best of British’ page on its groceries website, showcasing over 450 100% British-sourced grocery items. This initiative aims to make it easier for customers to find and purchase … Read the full press release
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has announced a €6 million loan agreement with KAM, a leading food retailer in North Macedonia, aimed at supporting the company’s expansion plans and green initiatives. KAM intends to utilize … Read the full press release
Posted in Banks, Business, Environment, Financial, Food & Beverage, Government, Industrial, Investment, Management, News, Retail, United Kingdom
Tagged EBRD, KAM, NORTH MACEDONIA, partnership, sustainability
(IN BRIEF) Ingka Investments, the investment arm of Ingka Group, has acquired 23,883 hectares of land, including 19,276 hectares of forestland, across Finland, Estonia, and Latvia. This acquisition aligns with their commitment to responsible forest management. The properties contain a … Read the full press release
(IN BRIEF) Deutsche Telekom, along with partners ServiceNow and Cisco, will showcase innovative retail solutions at the EuroCIS trade fair in Düsseldorf. These solutions, including “Instore Task Management” and “Law Monitoring,” aim to streamline operations and ensure compliance with evolving … Read the full press release
Posted in Business, Germany, Industrial, Management, Marketing, Retail, Technology, Telecom
Tagged AI, artificial intelligence, Cisco, Deutsche Telekom, EuroCIS 2024, EuroCIS trade fair, Instore Task Management, retail, SaaS, ServiceNow, smart retail, T-System, trade fair
(IN BRIEF) Logicor, a prominent European logistics real estate firm, proudly announces the successful completion of a 112,000 sq ft extension for retailer B&M, aimed at bolstering the occupier’s operations in the North West. The expansion, situated in Runcorn, elevates … Read the full press release
(IN BRIEF) ELKO Ukraine has entered into a strategic agreement with Acer, a renowned global leader in information and communication technologies, to supply Acer laptops and monitors to the Ukrainian market. With Acer’s products enjoying a strong reputation and demand … Read the full press release
(IN BRIEF) Audrey Petit, currently the Editorial Director of Le Livre de Poche, is set to become the new Managing Director as Béatrice Duval steps down from her role, effective March 31, 2024. Duval, who has led the publishing house … Read the full press release
Posted in Business, France, Industrial, Management, News, Retail, Travel
Tagged appointment, Arnaud Lagardère, Audrey Petit, Béatrice Duval, Le Livre de Poche, leadership, Managing Director, transition
(IN BRIEF) Trade unions and civil society organizations are rallying behind Members of European Parliament (MEPs) in their call to revoke Amazon lobbyists’ access to the European Parliament following the tech giant’s repeated refusal to engage with parliamentary committees regarding … Read the full press release
Posted in Belgium, Business, European Union, Government, Industrial, Law, Management, News, Non Profit, Politics, Retail
Tagged Amazon, ban, Bram Vranken, Corporate Europe Observatory, European Parliament, lobbyists, Margarida Silva, Max Bank, Oliver Roethig, Roberta Metsola
(IN BRIEF) Barclays Bank UK PLC has announced its agreement to acquire Tesco’s retail banking business, marking a significant strategic move to expand its offerings and distribution channels in the UK. This acquisition, along with an exclusive long-term partnership to … Read the full press release
Posted in Banks, Business, Economy, Financial, Industrial, Investment, Management, News, Retail, United Kingdom
Tagged acquisition, Barclays, C.S. Venkatakrishnan, Ken Murphy, Partnership Deal, Tesco Retail Banking Business
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