A change of course for Abercrombie & Fitch: the fashion chain is going to close three flagship stores. Its new focus will lie on smaller stores, while 85 stores will be revamped.
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Orchestra-Prémaman has had an awful financial year, in which turnover went down and losses quadrupled for the children's clothing chain. Especially on its French home market, the situation is dire.
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Disappointing sales figures and the high costs of store closures have impacted the results of Marks & Spencer. To finance the recent deal with online player Ocado, the British retailer will now issue new shares.
Supermarket group Spar International continues to expand: for the third year in a row, turnover has grown by more than 5 % as Dutch and Austrian sales soar.
German Ceconomy, the holding that includes MediaMarkt and Saturn, has had a tough quarter due to negative currency and calendar effects. Still, the company reaffirms its prospects for the rest of the year.
In the first quarter of its financial year 2019, Walmart managed to generate a profit that was a lot higher than expected. Not all is good, however: turnover went up only 1 %, despite a strong growth of online sales.
In its last financial year, Alibaba saw its turnover and profit reach double-digit growth again. Pushed by new algorithms, conversion rates in China soared - making it the only branch of the company that is already profitable.
The German Schwarz Group has achieved a 100 billion euro turnover, for the very first time. Unsurprisingly, Lidl makes up 80 % of that result, as American turnover continues to grow. Kaufland however performs less well.
There seems to be light at the end of the tunnel for German retail group Metro: a buyer has been found for supermarket chain Real and profits are higher than expected. Unfortunately, losses keep accumulating at Makro in Belgium.
An excellent performance by bol.com sees Ahold Delhaize's online turnover go up by 25 %. All is well for the group, with excellent results in the Netherlands and the United States, except for the Belgian branch.
During the first quarter of its current fiscal year, German FMCG giant Henkel performed slightly below expectations. The glue division and care products were particularly affected by difficulties.
During the first quarter of 2019, meal delivery service HelloFresh saw a strong increase in both its number of customers (+ 32 %) and its turnover (+ 42 %). However, the company is still struggling to become profitable.
AB InBev has found growth again: after several years of stagnation, turnover increased slightly in the first quarter. However, a shadow over these positive results is EU commissioner Margrethe Vestager's threats of a fine for abuse of its dominant position in Belgium.
Kraft Heinz will have to review its accounts of the past few years, in the wake of a number of reports that some employees may have been tinkering with the accounting.
McDonald’s has released decent first quarter results, partly thanks to free bacon and donut sticks on the breakfast menu. Existing outlets saw a turnover increase of 5.4 %.
In het eerste kwartaal van 2019 stegen de omzet en bedrijfswinst van Zalando. De retailer trekt meer klanten aan, die vaker bestellen.