European Retail Correspondent, Zurich
Emma's Feed
Jan 21, 2015
Jan 19, 2015
Jan 19, 2015
Jan 14, 2015
Jan 14, 2015
Jan 14, 2015

Burberry hit by falling sales in Hong Kong

BERLIN, Jan 14 (Reuters) – A fall in sales in Hong Kong in
the final quarter of 2014 could hit Burberry’s full-year
profitability, the British luxury brand said on Wednesday, even
as a relaunch of its trademark trench coat boosted demand
elsewhere.

Pro-democracy protests began choking parts of the Asia
financial centre in late September, disrupting business in one
of the world’s top markets for luxury companies, which accounts
for about 10 percent of Burberry’s global sales.

Jan 13, 2015
Jan 13, 2015
Jan 13, 2015
Jan 13, 2015

Metro reports strong Christmas as turnaround gains pace

BERLIN, Jan 13 (Reuters) – Metro AG, Europe’s
fourth-biggest retailer, saw a recovery gain pace at three of
its four businesses in the important Christmas quarter, with
growth in consumer electronics the strongest since 2006,
boosting its shares.

The German company, which runs 2,200 stores in 30 countries,
has been slimming down its portfolio and cutting costs to focus
on its wholesale and consumer electronics businesses, sprucing
up stores and improving its online offering.