BERLIN/LONDON, Jan 26 (Reuters) – An expensive fightback by
top consumer goods brands is likely to provide only temporary
relief as retailers improve the quality of their own products to
attract thrifty European shoppers.
Sales from supermarkets’ own label ranges have surged in
recent years. Cash-strapped shoppers seeking cheaper
alternatives to branded favourites have also flocked to discount
chains that keep prices low by stocking few top names.
BERLIN, Jan 23 (Reuters) – German sportswear company Adidas
reported a better than expected rise in 2014 sales on
Friday as it announced the sale of its non-core Rockport shoe
The world’s second-biggest sportswear group behind Nike
has been losing market share to its U.S. rival, which
has been better at creating a buzz with its brands, but its
sales were helped by the 2014 soccer World Cup and the victory
of the German team it sponsors.
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
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.