BERLIN, Feb 17 (Reuters) – Environmental campaign group
Greenpeace has found traces of chemicals that can pollute
waterways in children’s clothing and shoes made by luxury
brands, challenging the sector’s reputation for higher standards
than those of mass fashion.
In a report issued on Monday just before Milan Fashion Week,
Greenpeace said it found the substances in products from Dolce &
Gabbana, Giorgio Armani, Versace, Hermes, Christian
Dior, Louis Vuitton and Marc Jacobs.
BERLIN, Feb 14 (Reuters) – Europe’s biggest online fashion
retailer Zalando, long seen as a possible flotation candidate,
is talking to bankers about a possible listing, sources said,
confirming impetus behind a plan that could value the company at
more than $5 billion.
Speaking after Zalando had reported slowing sales growth in
the second half of 2013 as a mild winter led to high levels of
discounting, financial sources said the company is looking for
banks to advise on a stock market flotation later this year.
BERLIN (Reuters) – The German grocery market, long dominated by discounters such as Aldi ALDIEI.UL and Lidl, is undergoing a makeover as shoppers demand more upmarket products like organic meat and exotic cheeses and retailers take tentative steps onto the web.
Run down after years trying to match discounters on price, mid-market supermarkets Edeka and Rewe, as well as their listed rival Metro (MEOG.DE: Quote, Profile, Research, Stock Buzz), have changed strategy and are investing billions of euros to bring their produce and stores up to a level taken for granted in countries like Britain and France.