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Tag: europe

Profit warnings from firms in Europe mount as Covid-19 bites | Business

A string of retailers, pub and restaurant groups in the UK and across the rest of Europe have issued profit warnings as the coronavirus pandemic takes a mounting corporate toll. Inditex, the Spanish retailer that owns chains including Zara, has taken a €287m provision in relation to the virus. The company, the world’s largest fashion …

Profit warnings from firms in Europe mount as Covid-19 bites | BusinessRead More

Jack Ma donates 2 million masks for coronavirus crisis in Europe, Retail News, ET Retail

BRUSSELS : Chinese billionaire and Alibaba co-founder Jack Ma has pledged to donate two million protective masks for distribution across Europe, with a first consignment arriving in Belgium late on Friday. A cargo plane loaded with 500,000 masks and other medical supplies such as test kits landed at Liege Airport. The consignment will be sent …

Jack Ma donates 2 million masks for coronavirus crisis in Europe, Retail News, ET RetailRead More

Tiffany & Co to open Europe’s first Blue Box Cafe at Harrods

Located on the Lower Ground Floor of the luxury shopping location, the cafe features a striking interior décor which mirrors that of the famous Blue Box Cafe in the Tiffany flagship store on Fifth Avenue in New York City, with unique design touches created exclusively for the Harrods location. The brand’s iconic shade of Tiffany …

Tiffany & Co to open Europe’s first Blue Box Cafe at HarrodsRead More

American Eagle plans to open new stores in Europe and the UK

In 2014, American Eagle Outfitters opened three stores in the United Kingdom. Just three years later, the teen retailer abandoned the market. The U.K. fashion market is notoriously tough for international retailers to break into. It’s crowded, and U.S. retailers’ products are often too expensive. Due to the country’s small physical size and high population …

American Eagle plans to open new stores in Europe and the UKRead More

Alibaba undercuts Amazon in Europe to woo wary brands, Retail News, ET Retail

After years of reconnaissance, China’s retail king Alibaba is finally making its move on Europe. It is undercutting Amazon sellers’ fees to attract vendors but has had mixed results, six sources with direct knowledge of the matter said. A flood of small businesses have joined its European platform, AliExpress, in recent months but some larger …

Alibaba undercuts Amazon in Europe to woo wary brands, Retail News, ET RetailRead More

India ranks 73rd in UN index assessing e-commerce readiness, Retail News, ET Retail

UNITED NATIONS: India has ranked 73rd out of 152 countries in a business-to-consumer E-commerce index that measures an economy’s preparedness to support online shopping, moving seven places up in the list. The United Nations Conference on Trade and Development’s Business-to-Consumer (B2C) E-commerce Index 2019 has been topped by the Netherlands for the second consecutive year. …

India ranks 73rd in UN index assessing e-commerce readiness, Retail News, ET RetailRead More

Unibail-Rodamco-Westfield and The VOID announce first openings across Europe

Unibail-Rodamco-Westfield will continue to roll-out its strategic partnership with the experiential company, The VOID. The first ten state-of-the-art virtual reality destinations that will be brought to centres across Europe have been announced. Source: https://www.facebook.com/voidvr The following centres are set to open in 2020 and 2021: Westfield Carré Sénart, France Westfield Les 4 Temps, France La …

Unibail-Rodamco-Westfield and The VOID announce first openings across EuropeRead More

Burger King to expand meatless burgers in Europe and US

In this photo illustration, the new Impossible Whopper sits on a table at a Burger King restaurant on August 8, 2019 in Brooklyn, New York. Drew Angerer | Getty Images Burger King is doubling down on meatless burgers. The Restaurant Brands International chain announced on Monday plans to launch a vegetarian burger in more than …

Burger King to expand meatless burgers in Europe and USRead More

TVs sold by Amazon and Best Buy ‘contain chemicals banned in Europe’ | US news

Popular brands of televisions sold by Amazon and Best Buy in the US contain potentially hazardous flame retardants linked to health problems including cancers and learning difficulties, according to a new report. Six Toshiba and Insignia brand TVs, made in partnership with Amazon and Best Buy respectively, sampled by public health campaign groups contained organohalogens, …

TVs sold by Amazon and Best Buy ‘contain chemicals banned in Europe’ | US newsRead More

Europe’s first FAO Schwarz flagship destination has opened at Selfridges London

Europe’s first FAO Schwarz flagship destination has opened at Selfridges London Oxford street store. It is the first time America’s oldest and most prestigious toy retailer has ventured into Europe on such scale in its 157-year history. © copyright Matt Writtle 2019. At over 22,000 sq. ft, FAO Schwarz at Selfridges is the second largest …

Europe’s first FAO Schwarz flagship destination has opened at Selfridges LondonRead More