(IN BRIEF) Ingka Investments, the investment arm of Ingka Group, has announced a significant partnership with Extell Development Company to invest in 570 Fifth Avenue, a new mixed-use office and retail tower in New York City. This strategic move marks … Read the full press release
Posted in Business, Construction, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, Netherlands, News, Retail
Tagged Extell Development Company, Fifth Avenue, Gary Barnett, IKEA, Ingka Group, Ingka Investments, New York City, partnership, Peter van der Poel, retail, shopping
(IN BRIEF) Carrefour has finalized the acquisition of the Cora and Match banners from the Louis Delhaize group for €1.05 billion, enhancing its foothold in the French food distribution market. The acquisition includes 60 Cora hypermarkets and 115 Match supermarkets, … Read the full press release
(IN BRIEF) Stella International Holdings Limited has partnered with Wolters Kluwer to implement the CCH Tagetik Corporate Performance Management (CPM) software, aiming to digitally transform its finance operations. This strategic move replaces manual financial processes with automated budgeting, forecasting, and … Read the full press release
(IN BRIEF) Ingka Group, the largest IKEA retailer, has successfully concluded its inaugural IKEA Talents contest, aimed at fostering creativity and unity among its global workforce. Thomas from IKEA Austria emerged as the global winner, impressing with his song ‘This … Read the full press release
Posted in Art & Culture, Austria, Awards, Business, Financial, Industrial, Management, Media, Netherlands, News, Retail
Tagged Awards, creativity, IKEA, Ingka, Jesper Brodin, Talents Contest, Thomas from Austria
(IN BRIEF) DHL eCommerce has released the initial findings from its “Online Shopper Trends Report 2024,” based on a survey of 12,000 consumers from 24 countries. The report reveals a significant shift toward using smartphones as the primary shopping tool, … Read the full press release
(IN BRIEF) IKEA, in partnership with Scania Group and transporter KLOG, is launching heavy-duty electric vehicles for transporting its products in Portugal. Starting in late June, these vehicles will move goods from the IKEA Industry factory in Paços de Ferreira … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Portugal, Retail, Sweden, Transportation & Logistics
Tagged Dariusz Mroczek, Egídio Lopes, Evalena Falck, IKEA, KLOG, partnership, PORTUGAL, Scania Group, sustainability, sustainable transport
(IN BRIEF) The UK economy is expected to receive a significant boost as fans spend an additional £233 million during the European Championships and Paris Olympics this summer. Experian Economics highlights increased spending in pubs, bars, supermarkets, and on electronics … Read the full press release
Posted in Business, Economy, Entertainment, Financial, Government, Industrial, Investment, Ireland, Management, Media, News, Retail, United Kingdom
Tagged European Championships, Experian, Financial, investment, Mohammed Chaudhri, Paris Olympics, UK economy
(IN BRIEF) The European Space Agency (ESA) has developed 3D printed bricks, called ESA Space Bricks, using 4.5 billion-year-old meteorite dust, inspired by LEGO bricks. These bricks are part of a project to explore using space materials for building astronaut … Read the full press release
Posted in Aviation & Aerospace, Business, Construction, Denmark, Environment, Financial, Government, Industrial, Investment, Management, News, Retail, Technology
Tagged 3D Print Lunar Shelter Bricks, 3D printed bricks, Aidan Cowley, Daniel Meehan, ESA Space Bricks, European Space Agency (ESA), LEGO, Meteorite Dust, partnership, sustainability
(IN BRIEF) PUMA has announced a new partnership with Rosé from BLACKPINK, one of K-pop’s most influential groups. As PUMA’s newest ambassador, Rosé will collaborate on global campaigns and the “Rewrite the Classics” initiative, focusing on iconic PUMA styles. Her … Read the full press release
Posted in Apparel, Fashion & Beauty, Business, Entertainment, Financial, Germany, Government, Industrial, Investment, Management, News, Retail, Sports
Tagged Classic Style, CULTURE, leadership, Maria Valdes, partnership, PUMA, Rosé of BLACKPINK, sports
(IN BRIEF) PUMA has launched its CLOUDSPUN Collection, featuring innovative athletic wear known for its ultra-soft fabric and advanced performance features such as moisture-wicking and 4-way stretch. The collection includes a range of men’s and women’s apparel designed for comfort … Read the full press release
Posted in Apparel, Fashion & Beauty, Business, Financial, Germany, Industrial, Investment, Management, News, Retail, Sports, Technology
Tagged Athletic Wear, CLOUDSPUN Collection, comfort, performance, PUMA, sports
(IN BRIEF) Casino Group has initiated exclusive negotiations with Auchan Retail France and Rocca to sell its subsidiary Codim 2, which operates various retail formats in Corsica. Codim 2, comprising hypermarkets, supermarkets, cash & carries, and drive-throughs, achieved a turnover … Read the full press release
Posted in Business, Financial, France, Industrial, Investment, Management, News, Retail
Tagged acquisition, Auchan, Casino Group, Codim 2, Corsican Retail, partnership, sustainability
(IN BRIEF) Repsol and Amazon have launched a pioneering returns service in Spain, leveraging Repsol’s extensive service station network. Over 700 Repsol stations already offer customers the convenience of returning Amazon purchases without labels or boxes, with plans for further … Read the full press release
Posted in Business, Energy, Gas & Oil, Financial, Industrial, Infrastructure & Utilities, Investment, Management, News, Retail, Spain
Tagged Amazon, Convenient Returns, Jorge Escuín, partnership, Repsol, Spain, sustainability
(IN BRIEF) In a touching initiative, IKEA UK and Woodgreen partner to produce ‘Cat-alogue’ and ‘Dog-alogue’ lookbooks featuring shelter pets amidst IKEA’s new UTSÅDD pet furniture range, aiming to raise awareness about pet adoption and provide inspiration for creating comfortable … Read the full press release
Posted in Business, Environment, Financial, Government, Industrial, Investment, Management, Marketing, Netherlands, News, Retail, United Kingdom
Tagged Aid Shelter Pets, Fiona Cooke, IKEA UK, Michaela Quinlan, partnership, sustainability, Woodgreen
(IN BRIEF) Lagardère SA has strengthened its management structure with the appointment of Mr. Grégoire Castaing as Assistant Managing Director responsible for Finance, effective June 3, 2024. With extensive experience in financial leadership roles, including at Canal+ Group, Castaing will … Read the full press release
(IN BRIEF) As part of the ongoing ‘Keep good things going’ campaign, IKEA Retail countries like Belgium, France, and Sweden are converting their store car parks into flea markets to encourage customers to extend the lifespan of their products. The … Read the full press release
Posted in Belgium, Business, Economy, Environment, Financial, France, Government, Industrial, Investment, Management, Marketing, Netherlands, News, Retail, Sweden
Tagged Belgium, Car Parks, Flea Markets, France, IKEA Stores, Ingka, Johanna Nordell, Karen Pflug, Nathalie Van Edom, partnership, sustainability, Sweden
(IN BRIEF) HUGO BOSS introduces HUGO BOSS XP, a groundbreaking omnichannel membership program designed to revolutionize customer engagement and loyalty. Leveraging innovative technologies, including blockchain-supported elements, the program seamlessly integrates traditional loyalty features with Web3 functionalities like NFTs. With a … Read the full press release
Posted in Apparel, Fashion & Beauty, Business, Financial, Germany, Industrial, Investment, Management, Marketing, News, Retail, Technology
Tagged Customer Loyalty Program, HUGO BOSS, HUGO BOSS XP, Oliver Timm
(IN BRIEF) PUMA introduces the ULTRA 5, a groundbreaking football boot set to revolutionize speed and performance on the pitch. Engineered with insights from motorsport and collaborations with Formula One teams, the ULTRA 5 features a SPEEDSYSTEM carbon outsole and … Read the full press release
Posted in Apparel, Fashion & Beauty, Business, Germany, Industrial, Management, Marketing, News, Retail, Sports, Technology
Tagged Dominique Gathier, football, PUMA, Romain Girard, sports, ULTRA 5
(IN BRIEF) TAKKT AG’s 25th Shareholders’ Meeting, held virtually, saw unanimous approval of agenda items including a dividend payout of EUR 1.00 per share. CEO Maria Zesch outlined strategic progress, emphasizing resilience and future growth targets. Departing Supervisory Board members … Read the full press release
Posted in Business, Germany, Industrial, Management, News, Retail
Tagged appointment, Florian Funck, Hubertus Mühlhäuser, leadership, Maria Zesch, Stefan Räbsamen, TAKKT AG, Thomas Schmidt
(IN BRIEF) PUMA and Borussia Dortmund have launched the 2024/25 Home kit, paying homage to the club’s rich heritage while incorporating modern design elements. The classic Black & Yellow kit features a sleek pinstripe flair, symbolizing Dortmund’s enduring legacy and … Read the full press release
Posted in Apparel, Fashion & Beauty, Business, Environment, Financial, Germany, Industrial, Investment, Management, News, Retail, Sports
Tagged 2024/25 Home Kit, Borussia Dortmund, Carsten Cramer, Marco Mueller, partnership, PUMA, sports, sustainability
(IN BRIEF) Manchester City and PUMA have revealed the new Home kit for the 2024/2025 season, incorporating elements that pay homage to Manchester’s cultural identity. The sky-blue kit features subtle threads of “0161,” representing the city’s dialing code and its … Read the full press release
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