Your Daily Digest of Global Stories
The award ceremony took place in Vienna’s Palais Liechtenstein: Out of 165 submissions, 19 companies were nominated for the Trigos Award 2024, an award for sustainability and CSR in Austria The Austrian shoe manufacturer Legero United won the climate protection category: With the in-house eco-database, a measure of the Legero United sustainability agenda (Luna for…
In May 2023, the Otto Group was still pleased to have 6,500 connected third-party retailers. Sales had also increased by a full 50% at that time. But after just a few months, the situation for the trading marketplace changed, reports Handelsblatt. It all started in March, when CEO Bodo Kipper left the company because of…
Effective October 13, Nike CEO John Donahoe will leave the sporting goods manufacturer. He will be succeeded by former Nike executive Elliott Hill, who held various management positions before retiring in 2020. Hill was most recently responsible for the retail and marketing activities of Nike and the Jordan brand. John Donahoe has been a member…
The total area of the shop on Huestrasse in Bochum is around 270 square metres. A real estate portal stated that the monthly rent for this location before Görtz reopened was around 9,500 euros. This corresponds to a price per square metre of 35.19 euros and, according to market experts, is a typical rent for…
In September, the EU Commission adopted new regulations to protect against dangerous chemicals. PFAS chemicals, also known as perishable chemicals, are both harmful to the environment and to health, but practically cannot be broken down in the environment. The new regulation therefore primarily targets so-called undecafluorohexanoic acid (PFHxA) and related substances. These are used in…
Westfield Hamburg-Überseequartier was originally scheduled to open its doors in April 2024. In June, operator Unibail-Rodamco-Westfield (URW) announced that it would postpone the opening of the mixed-use project to October 17 due to water damage. This time, the reason is aspects of building technology, such as fire protection and security systems, the completion of which…
There seems to be no end in sight: attacks by the Houthi rebels, allied with Hamas, continue to put pressure on the freight routes through the Red Sea. Accordingly, shipping companies and logistics companies are currently taking the southern route around the southern tip of Africa – a route that is both more expensive and…
Does the normalization of inflation also bring about a normalization of consumer sentiment? The new focus study by IFH Förderer investigates this question with two consumer surveys in Germany and comes to the conclusion: Yes – the economic uncertainty of consumers has decreased in summer 2024 compared to autumn 2023. This is also reflected in…
On October 1, 1974, the Swiss company Walder was founded as a shoe factory. 150 years later, the same company – in a completely different guise – is celebrating its big anniversary. As the retailer Schuhhaus Walder in Brüttisellen, the company has “hardly anything in common” with the original idea, according to the shoe store….
Traders and buyers travelled to Milan from a total of 140 countries; most of them from Europe, especially Spain, Germany and France. The organisers recorded double-digit growth in visitors from North America, followed by the Far East with China and Japan at the top. The Italian manufacturers’ association Assocalzatuarifici, as organizer, draws a confident conclusion:…
