Search Results for: Retail

Markus Panhauser Appointed CEO of DHL Global Forwarding Germany and Switzerland; Barbara Eleota to Head Ocean Freight for Europe

(IN BRIEF) Markus Panhauser has been appointed as the new CEO of DHL Global Forwarding for Germany and Switzerland, effective July 1. He brings extensive experience from his current role as Head of Ocean Freight for DHL Global Forwarding Europe, … Read the full press release

Bonprix Achieves Milestone in Digital Transformation with SAP BW/4HANA Integration

(IN BRIEF) Bonprix, a leading international fashion company, has successfully implemented SAP BW/4HANA and SAP Datasphere solutions, marking a significant step in its digital transformation journey. With a dynamic multi-cloud data landscape now in place, Bonprix aims to streamline operations, … Read the full press release

SAS Survey Reveals Barriers to GenAI Implementation in UK & Ireland

(IN BRIEF) The survey conducted by Coleman Parkes Research Ltd. for SAS in the UK & Ireland reveals a strong enthusiasm for generative AI (GenAI) among decision-makers, with 62% of organizations initiating its implementation. However, this enthusiasm is tempered by … Read the full press release

Rail to Road: Transporeon and ÖBB Rail Cargo Group Pioneer Eco-Friendly Transport Options

(IN BRIEF) Transporeon, in collaboration with ÖBB Rail Cargo Group, has announced an expansion of their partnership to offer new rail and multimodal transport corridors, following their joint win of the Austrian Logistics Prize 2024. This initiative allows customers to … Read the full press release

DNB Enhances SME Support with EIF Partnership, Unlocks NOK 2.5 Billion in Funding

(IN BRIEF) Norway’s largest lender, DNB Bank ASA, has partnered with the European Investment Fund (EIF) to bolster support for small and medium-sized enterprises (SMEs) through a groundbreaking collaboration. Backed by an EIF guarantee under the InvestEU program, DNB will … Read the full press release

Utility Revolution: EDF Transitions Five Million Meter Points with Accenture-Kraken Alliance

(IN BRIEF) Accenture and Kraken Technologies have joined forces to assist EDF’s UK retail business in transitioning over five million meter points onto Kraken’s platform, enhancing energy management capabilities. This collaboration, leveraging advanced analytics and AI, aims to streamline operations … Read the full press release

E.ON Forges Ahead with Strategic Leadership Changes

(IN BRIEF) E.ON, a major player in the energy sector, has finalized its board restructuring, appointing Marc Spieker as Chief Operating Officer Commercial and Nadia Jakobi as Chief Financial Officer, underlining a strategic pivot towards sustainable energy solutions. CEO Leonhard … Read the full press release

Deutsche Bank Plans Additional Tier 1 Securities Issue, Denominated at €200,000 Each

(IN BRIEF) Deutsche Bank AG announced its intention to issue Additional Tier 1 (AT1) capital securities to support its Tier 1 leverage ratio and meet Pillar 1 and 2 AT1 requirements, with a first call date set for October 30, … Read the full press release

Iconic Finnish Design Meets Sustainable Packaging: Marimekko’s Partnership with Stora Enso

(IN BRIEF) In a collaborative effort to reimagine gift packaging, Marimekko, the renowned Finnish design house, partnered with Stora Enso, a leading provider of renewable packaging solutions. The aim was to create a new, sustainable packaging portfolio featuring Marimekko’s iconic … Read the full press release

JLR Achieves Milestone: Over 20,000 Employees Trained in Electrification and Digital Skills

(IN BRIEF) Jaguar Land Rover (JLR) celebrates a significant milestone as it announces that over 20,000 colleagues and partners have completed training in electrification and digital skills under its Future Skills Programme. This initiative aligns with JLR’s Reimagine Strategy, aiming … Read the full press release

XL Axiata Partners with Ericsson to Deploy Dual-Mode 5G Core, Paving the Way for Enhanced Connectivity in Indonesia

(IN BRIEF) XL Axiata collaborates with Ericsson to introduce its dual-mode 5G Core solution, marking a significant advancement in Indonesia’s telecommunications landscape. This innovative technology seamlessly integrates 4G and 5G services into a single, cloud-native core network, ensuring operational efficiency … Read the full press release

Barclays Warns of Rising Ticket Scams Ahead of Summer Events

(IN BRIEF) Barclays issues a cautionary alert to sports and entertainment enthusiasts as reports of purchase scams, especially in ticketing, surged in July 2023, with men losing an average of £325 and women £156 to ticket scams. The bank’s data … Read the full press release

DHL Launches Europe’s First EV Center of Excellence in Italy

(IN BRIEF) DHL introduces Continental Europe’s inaugural EV Center of Excellence for electric mobility in Pozzuolo Martesana, near Milan, Italy. Collaborating with DHL Customer Solutions & Innovation’s Team EV, the center integrates warehousing and freight management from DHL Global Forwarding, … Read the full press release

DHL Supply Chain Expands Logistics Capacities with New Carbon-Neutral Center in Halle

(IN BRIEF) DHL Supply Chain is bolstering its logistics capabilities with the construction of a new carbon-neutral operated logistics center in Halle (Saale), Germany, adjacent to its existing warehouse. Expected to begin operations in Q4 2024, the state-of-the-art facility will … Read the full press release

T-Systems Welcomes Christian Loefert as New Head of Marketing

(IN BRIEF) Dr. Christian Loefert, with 16 years of experience within the Deutsche Telekom Group, is set to assume the role of Head of Marketing at T-Systems, Deutsche Telekom’s corporate customer division, starting September 1, 2024. Loefert, currently overseeing marketing … Read the full press release

sewts: Innovating Robotics in Laundry and Beyond

(IN BRIEF) Munich-based start-up sewts is revolutionizing industrial processes with AI-powered robots adept at handling materials with dynamic shapes, particularly textiles. Founded by graduates of the Technical University of Munich (TUM), sewts initially focused on automating tasks in industrial laundries, … Read the full press release

IKEA UK and Woodgreen Unite in Heartwarming Collaboration to Aid Shelter Pets

(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

PUMA Collaborates with Lost Management Cities for Retro GV Special Sneaker Revival

(IN BRIEF) PUMA partners with Seoul-based Lost Management Cities to reintroduce the iconic 2024 GV Special sneaker from PUMA’s archives. Inspired by ‘80s tennis culture, Lost Management Cities infuses the silhouette with a playful color scheme, incorporating hand-finished details like … Read the full press release

DHL’s Decades-Long Parcel Revolution: From Post Offices to High-Tech Hubs

(IN BRIEF) Thirty years ago, Deutsche Post embarked on a groundbreaking endeavor, constructing 33 cutting-edge parcel centers across Germany, revolutionizing the country’s parcel logistics landscape. The centers, equipped with state-of-the-art technology, streamlined operations, drastically reducing parcel handling times and improving … Read the full press release

Mauritius Partners with Thales for Next-Generation National Identity System

(IN BRIEF) The Mauritius Prime Minister’s Office (PMO) has collaborated with Thales to implement an advanced National ID system, marking a significant step in the country’s digital transformation. Thales, in partnership with Mauritian IT provider Harel Mallac Technologies (HMT), will … Read the full press release

Lagardère SA Appoints Grégoire Castaing as Assistant Managing Director for Finance

(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

IKEA Stores Transform Car Parks into Flea Markets to Promote Sustainability

(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

PUMA Unveils ULTRA 5: A Futuristic Speed Machine for Football

(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

LEGO Brings Wicked to Life: Sets Inspired by Iconic Musical Scenes

(IN BRIEF) The collaboration between The LEGO Group and Universal Products & Experiences is set to excite fans with the release of four new LEGO® Wicked sets, coinciding with the cinematic adaptation of the beloved musical. Scheduled for release on … Read the full press release

TAKKT AG Shareholders Endorse Dividend, Appoint New Supervisory Board Members

(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

PUMA and Borussia Dortmund Unveil Timeless 2024/25 Home Kit with Sustainability Focus

(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

Accenture to Bolster Digital Transformation with OPENSTREAM HOLDINGS Acquisition

(IN BRIEF) Accenture (NYSE: ACN) has announced its acquisition of OPENSTREAM HOLDINGS and its subsidiaries, Open Stream and Neutral, marking a significant move to enhance its digital engineering and manufacturing capabilities. The acquisition, with undisclosed terms, is set to bring … Read the full press release

EIB and Deutsche Bank Team Up to Fuel Climate-Friendly Housing in Germany

(IN BRIEF) In a collaborative effort to promote climate-friendly housing initiatives in Germany, the European Investment Bank (EIB) and Deutsche Bank have forged an agreement. Valued at over €600 million, the program will provide discounted mortgages to individuals seeking to … Read the full press release

Green Light for Henri Hotel, Restaurants and Shops in the “Alter Fischereihafen” (Old Fishing Port) in Cuxhaven, opening Summer 2026

(IN BRIEF) The project to revitalize Cuxhaven’s historic “Alter Fischereihafen” (Old Fishing Port) has moved forward with the approval of the first construction phase. This phase involves converting the former fish market and processing halls (Fischhallen V and VI) into … Read the full press release

Manchester City and PUMA Unveil 24/25 Home Kit Infused with Mancunian Spirit

(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

Taylor Swift’s Eras Tour: A £997m Economic Boost for the UK

(IN BRIEF) The highly anticipated Eras Tour by Taylor Swift is poised to inject a staggering £997 million into the UK economy, according to new data from Barclays. Swifties attending the tour are expected to spend an average of £848 … Read the full press release

Zalando Reorganizes Leadership for Enhanced E-commerce Ecosystem Strategy

(IN BRIEF) Zalando, Europe’s leading fashion and lifestyle e-commerce platform, is restructuring its management board to align with its updated strategy focusing on two growth vectors: Business-to-Consumer (B2C) and Business-to-Business (B2B). Co-founder David Schneider transitions to a dedicated role focusing … Read the full press release

Eviden Launches BullSequana AI 600: Empowering Breakthroughs in AI Innovation with AMD Collaboration

(IN BRIEF) Eviden, in partnership with AMD, introduces the BullSequana AI 600, a new addition to its AI product lineup designed to support developers, data scientists, and researchers in achieving breakthroughs in innovation and computation. Featuring AMD Instinct™ MI300X accelerators … Read the full press release

NatWest’s UK Regional Business Activity Shows Growth Despite Employment Challenges

(IN BRIEF) The latest Regional PMI® survey data from NatWest reveals continued growth in business activity across most UK nations and regions in April, with London leading the expansion. Despite this positive trend, employment remains mixed, with only half of … Read the full press release

Marias Gamesa Revives “Cafecito con Marias Gamesa” to Support Latina Moms Ahead of Mother’s Day

(IN BRIEF) Ahead of Mother’s Day, Marias Gamesa has relaunched its digital platform “Cafecito con Marias Gamesa,” in collaboration with the Super Mamás podcast, to foster a supportive community for Latina mothers in the U.S. The initiative responds to findings … Read the full press release

The Growing Dominance of Chicken Breast Meat in Global Markets

(IN BRIEF) Chicken breast meat, preferred for its health benefits and versatility, dominates markets in North America, Europe, and Oceania, with its popularity on the rise due to its ease of preparation and adaptability in various dishes. As consumer preferences … Read the full press release

Olea and Standard Chartered Sign MOU to Enhance Support for SMEs

(IN BRIEF) Olea Global Pte Ltd, a leader in digital infrastructure platforms, has signed a memorandum of understanding with Standard Chartered to bolster small and medium-sized enterprises (SMEs). This strategic partnership aims to develop integrated supply chain solutions and other … Read the full press release

Standard Chartered Raises Over USD 1 Billion in Signature CIO Funds

(IN BRIEF) Standard Chartered Bank has successfully raised more than USD 1 billion through its suite of Signature CIO Funds, launched in late 2022. These multi-asset solutions, including Conservative, Income, Balanced, and Growth Funds, cater to varying client risk and … Read the full press release

Lidl Introduces BILDplus Premium Offer for Lidl Plus App Users, Enhancing Customer Loyalty

(IN BRIEF) Lidl announces a new partnership with BILD Group, introducing BILDplus as a premium offer for users of the Lidl Plus app in Germany. Customers reaching a certain monthly shopping volume through Lidl Plus will receive complimentary access to … Read the full press release

Accenture Bolsters Data Capabilities with Parsionate Acquisition

(IN BRIEF) Accenture has announced its acquisition of Parsionate, a leading data consultancy specializing in data products and modern data foundation services, with a focus on industries like retail, industrial, consumer goods, and life sciences. This strategic move aims to … Read the full press release