(IN BRIEF) Companhia Brasileira De Distribuição (GPA) has taken steps toward a potential primary equity offering, as confirmed in a recent press release. GPA has scheduled an extraordinary general meeting for January 11, 2024, to discuss various matters, including the … Read the full press release
Posted in Business, Financial, France, Industrial, Investment, Management, News, Retail
Tagged Casino Group, Financial, GPA Plans Equity, investment
(IN BRIEF) Following Casino Group’s announcement on October 16, 2023, regarding the sale of its total equity interest in Almacenes Éxito S.A. (“Éxito Group”) to Grupo Calleja, the Buyer has officially launched the Tender Offer (Colombian TO) to acquire up … Read the full press release
Posted in Business, Financial, France, Industrial, Investment, Management, News, Retail
Tagged acquisition, Casino Group, Éxito Group, Financial, Grupo Calleja, investment, partnership, shares
(IN BRIEF) Consumer spending in the UK saw a rebound in November, driven by early Christmas shopping and extended Black Friday sales, according to a Barclays report. Consumer card spending grew 2.9% year-on-year, although it was still lower than the … Read the full press release
Posted in Banks, Business, Economy, Financial, Industrial, Investment, Management, News, Retail, United Kingdom
Tagged Barclay, Black Friday Sales, Christmas shopping, Consumer Spending, Esme Harwood, Financial, Jack Meaning, retail, UK
(IN BRIEF) Vodafone Romania has introduced a new type of concept store called EasyTech, designed to enhance the customer experience and offer a wide range of technology products. The first EasyTech store opened in Bucharest, featuring product displays, sales offices, … Read the full press release
Posted in Business, Electronics & Machinery, Marketing, Retail, Romania, Technology, Telecom, United Kingdom
Tagged Bucharest, concept stores, EasyTech, Gheorghe Magheru Boulevard, Magheru One building, retail, Romania, technology, vodafone
(IN BRIEF) Maxime Saada has been named Vice-President of the Lagardère group and has joined its Executive Committee while retaining his current roles. Saada, who holds an MBA from HEC and has a background in various leadership positions, including as … Read the full press release
Posted in France, Industrial, Management, News, Retail, Travel
Tagged appointment, Arnaud Lagardère, Lagardère Group, leadership, Maxime Saada, Vice President
(IN BRIEF) Groupe Casino has announced the acquisition of CBD Luxembourg Holding from GPA, indirectly holding a 34.0% share of Cnova’s capital. This transaction will raise Casino’s ownership of Cnova, both directly and through wholly-owned subsidiaries, to 98.8%. The purchase … Read the full press release
Posted in Business, Economy, Environment, Financial, France, Industrial, Investment, Management, News, Retail
Tagged acquisition, CBD Luxembourg Holding, Cnova, GPA, Groupe Casino, partnership, sustainability
(IN BRIEF) Orange, a telecommunications company, is introducing its “Max it” super-app in Africa, combining telecommunications, financial services, and e-commerce to serve the daily needs of users. Initially launching in five African countries, Max it simplifies the digital experience by … Read the full press release
Posted in Business, Economy, Environment, Financial, France, Government, Industrial, Internet & Online, Investment, Management, News, Retail, Technology, Telecom
Tagged 'Max it', Africa, Christel Heydemann, E-Commerce, Financial, Jerome Hénique, Orange, partnership, Super-App, sustainability, TELECOM
(IN BRIEF) Marloes van Kooten will be joining the Witt Group management team on March 1, 2024, with plans to succeed Stefanie Zühlke-Schmidt as Managing Director Purchasing on September 1, 2024, following a six-month onboarding period. Marloes brings over 30 … Read the full press release
(IN BRIEF) Vivendi has successfully completed a major transaction with the Lagardère group, solidifying its position as a global leader in culture, media, and entertainment. This strategic move enhances Vivendi’s presence in publishing, travel retail, and experiences, while also providing … Read the full press release
Posted in Business, Entertainment, France, Media, Retail, Travel
Tagged Arnaud de Puyfontaine, book publisher, Editis, entertainment, Gala magazine, Groupe Figaro, IMI, International Media Invest, Lagardère Group, Lagardère Live Entertainment, Lagardère News, Lagardère Publishing, Lagardère Travel Retail, Media, Prisma Media, publishing, travel retail, travel retailer, Vivendi, Yannick Bolloré
(IN BRIEF) Maersk, a global leader in integrated logistics, has showcased its Omnichannel-Fulfillment (OCF) capabilities during China’s Singles Day (Double Eleven) shopping festival, supporting 56 key clients across 16 OCF sites in China. Maersk’s team successfully managed 8.15 million outbound … Read the full press release
Posted in Business, Denmark, Economy, Financial, Industrial, Internet & Online, Management, News, Retail, Technology, Transportation & Logistics
Tagged CHINA, Double Eleven, E-Commerce, Jeffrey Zhu, Kiko Xu, Maersk, retail, Sophy Chen
(IN BRIEF) Brau Union Österreich and the SPAR retail chain have embraced multimodal transportation in collaboration with the ÖBB Rail Cargo Group (RCG). This approach combines rail and road transport to create efficient and environmentally friendly door-to-door logistics solutions. Beverages … Read the full press release
(IN BRIEF) According to data from the Barclays Business Barometer, UK retailers are embracing an early start to the Christmas season, with 49% of them opting to display festive goods earlier this year to help customers spread the cost of … Read the full press release
Posted in Banks, Business, Economy, Financial, Industrial, Internet & Online, Investment, Management, News, Retail, United Kingdom
Tagged Barclays, Christmas season, Early Christmas Displays, Festive Sales, Karen Johnson, UK Retailers
(IN BRIEF) Europris, a leading retail company in Norway, has selected Maersk’s ECO Delivery product to make substantial reductions in greenhouse gas (GHG) emissions associated with its seaborne logistics. The collaboration aims to align with Europris’ strategic goal of reducing … Read the full press release
Posted in Business, Denmark, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Investment, Management, News, Norway, Retail, Technology, Transportation & Logistics
Tagged Birna Odefors, ECO Delivery Ocean, Europris, Greenhouse Gas Reductions, Maersk, Norway, Pål-Christian Andersen, partnership, Seaborne Logistics, sustainability
(IN BRIEF) Arnaud Lagardère, Chairman and CEO of Hachette Livre, has announced the appointment of Stéphanie Ferran as Deputy CEO of the Hachette Livre group, effective immediately. In her new role, Ferran will support Hachette Livre’s ambitions in the publishing … Read the full press release
Posted in Business, France, Industrial, Management, News, Retail, Travel
Tagged appointment, Arnaud Lagardère, Deputy CEO, Hachette Livre, Lagardère SA, leadership, Stéphanie Ferran
(IN BRIEF) The Cameroonian “Agence des Normes et de la Qualité” (ANOR) has designated TÜV Rheinland as a Conformity Assessment Body under the Pre-Shipment Evaluation of Conformity (PECAE) program. TÜV Rheinland is now authorized to conduct conformity verification, inspection, and … Read the full press release
(IN BRIEF) Barclays has sounded an alarm ahead of this year’s Black Friday and Cyber Monday sales, citing a 22% increase in money lost to purchase scams during the same period last year. Purchase scams, which involve buying products that … Read the full press release
Posted in Banks, Business, Defence, Economy, Financial, Industrial, Internet & Online, Investment, Management, News, Retail, Security & Safety, Technology, United Kingdom
Tagged Barclays, Black Friday, Cyber Monday, Dr Peter Brooks, Purchase Scams Surge, warning
(IN BRIEF) Bentley has introduced a charming collection of teddy bears, known as the Bentley bears, now available for adoption on shop.bentleymotors.com and in Bentley showrooms. These cuddly characters are designed to capture the hearts of car enthusiasts and collectors … Read the full press release
Posted in Automotive, Business, Industrial, Management, Marketing, News, Retail, United Kingdom
Tagged Bentley, car enthusiasts, Teddy Bear Collection
(IN BRIEF) Unilever has announced the sale of Dollar Shave Club to Nexus Capital Management LP, a US-based private equity firm. Dollar Shave Club, known for its razors and male grooming products, will continue to serve consumers in North America … Read the full press release
(IN BRIEF) Logicor, a major European logistics real estate company, has renewed and expanded its partnership with Leroy Merlin, a well-known French hypermarket chain. As part of this agreement, Leroy Merlin will occupy approximately 50,000 square meters of warehouse space … Read the full press release
(IN BRIEF) European Fintech leader Riverty and Germany’s renowned payment service provider, Computop, have announced the expansion of their partnership to provide accounting-as-a-service to online merchants. Building upon their existing collaboration focused on Buy Now, Pay Later (BNPL) solutions, this … Read the full press release
Posted in Business, Financial, Germany, Industrial, Internet & Online, Investment, Management, News, Retail, Technology
Tagged accounting, Computop, Kay Dallmann, Online Merchants, partnership, Ralf Gladis, Riverty
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