European Retail Correspondent, Zurich
Emma's Feed
Mar 4, 2015

Insight – M&S breaks with tradition to get more agile on style

LONDON (Reuters) – Shoppers usually blame dowdy clothes and tired stores for the painful decline of Britain’s former retail powerhouse Marks & Spencer (MKS.L: Quote, Profile, Research). But the parts of the business that customers never see could hold the key to its revival.

After hiring new designers, overhauling its online offering and giving a facelift to stores, M&S still needs to push home its most ambitious project: overturning more than a century of retail history by taking full control of its supply chain.

Mar 4, 2015

M&S breaks with tradition to get more agile on style

LONDON, March 4 (Reuters) – Shoppers usually blame dowdy
clothes and tired stores for the painful decline of Britain’s
former retail powerhouse Marks & Spencer. But the parts
of the business that customers never see could hold the key to
its revival.

After hiring new designers, overhauling its online offering
and giving a facelift to stores, M&S still needs to push home
its most ambitious project: overturning more than a century of
retail history by taking full control of its supply chain.

Feb 19, 2015

Adidas starts search to replace veteran CEO

BERLIN, Feb 19 (Reuters) – The board of Adidas
has launched a formal search for a successor to Chief Executive
Herbert Hainer who has faced criticism as the German sportswear
company has lost ground to U.S. rival Nike.

Hainer, 60, in the job since 2001 and the longest-serving
CEO of a German blue-chip company, wrote to staff confirming the
move after Manager Magazin reported the world’s second-biggest
sportswear group was looking for his successor.

Feb 16, 2015

Germany’s Puma expects more pain from currency swings

BERLIN, Feb 16 (Reuters) – Puma predicted a strong
U.S. dollar and currency fluctuations would weigh on earnings
this year after the German sportswear company suffered a
surprise loss in the last three months of 2014.

Puma promised to take steps including price increases to
blunt this impact, meaning it should be able to achieve a slight
increase in core earnings and net profit in 2015.

Feb 12, 2015
Feb 12, 2015

Online fashion firm Zalando’s shares leap on profit beat

BERLIN, Feb 12 (Reuters) – Europe’s largest dedicated online
fashion retailer Zalando smashed fourth-quarter profit
forecasts as it reined in marketing spending and grew sales.

Management board member Rubin Ritter told a conference call
for journalists that Zalando had rushed out preliminary figures
ahead of full results due on March 5 because they significantly
exceeded market expectations.

Feb 11, 2015
Feb 10, 2015
Feb 10, 2015
Feb 10, 2015