Edition:
United Kingdom

Emma Thomasson

Zalando to deliver orders for Adidas French website

19 Aug 2019

BERLIN Online fashion retailer Zalando has launched a pilot to deliver orders placed by customers in Paris on the website of Adidas as it extends moves to allow brands to use the logistics network it has built for its own ecommerce business.

Shares in off-pace Adidas slip as it pays to fix sourcing shortages

09 Aug 2019

BERLIN Adidas shares stumbled on Thursday after the German sportswear company said profitability will be squeezed in the second half of the year by higher sourcing costs and price cuts to try to revive sales growth in Europe.

Deutsche Post raises 2019 forecast after price hikes

06 Aug 2019

BERLIN Deutsche Post DHL said on Tuesday it expects restructuring measures and increases in German postage and parcel prices to lift earnings in the second half of 2019, despite rising global trade tensions.

Zalando profit guidance upgrade sends shares higher

01 Aug 2019

BERLIN Online fashion retailer Zalando raised its profit guidance on Thursday after a big jump in visits to its website, with the company citing efforts to provide a best-in-class fashion experience and more speedy delivery options.

Puma raises full-year guidance after Man City and basketball boost

31 Jul 2019

BERLIN German sportswear group Puma raised sales and profit forecasts on Wednesday after a strong second quarter, helped by a return to the U.S. basketball market and a deal with English Premier League champions Manchester City.

Facebook's Clegg rejects break-up calls, prefers more regulation

24 Jun 2019

BERLIN Facebook dismissed calls for a break-up of the world's biggest social network and other big internet companies on Monday, saying this would not tackle issues such as privacy, attempts to influence elections or harmful content.

Shares in German store chain Metro rise after takeover offer

24 Jun 2019

BERLIN Shares in Germany's Metro climbed on Monday after EP Global Commerce, owned by Czech and Slovak investors, made a takeover offer that values the store group at 5.8 billion euros ($6.6 billion).

Sparkly unicorn ice cream: Kroger’s bid to win grocery wars

21 Jun 2019

(This June 20 story is refiled to correct typographical error in paragraph five.)

World News