Edition:
United Kingdom

Emma Thomasson

Thomas Cook Germany in rescue talks with investors

25 Sep 2019

BERLIN Thomas Cook's German tour business filed for insolvency on Wednesday in a move aimed at separating its brands and operations from its failed parent, and said it was in talks with potential new investors.

Germany backs draft law to protect parcel delivery drivers

18 Sep 2019

BERLIN The German cabinet approved a draft law on Wednesday to force logistics and ecommerce companies that outsource deliveries to ensure that their subcontractors pay proper social security contributions for their drivers.

Amazon starts hiring own drivers in German last-mile delivery push

17 Sep 2019

MANNHEIM, Germany Amazon has begun hiring its own drivers in Germany and plans to open 11 more distribution centers to expand its delivery business in its second biggest market, the firm's German logistics chief said in an interview.

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.

World News