The e-commerce platform Zalando increased its gross merchandise volume (GMV) by 7.8% to 3.5 billion euros in the third quarter. Sales increased by 5% to 2.4 billion euros. According to Zalando, the growth drivers were increasing consumer demand and the industry-wide start to the autumn/winter season. Adjusted earnings before interest and taxes rose from EUR … Read more
In collaboration with Arsutoria, those responsible for Expo Riva Schuh have developed trends for shoes, bags and accessories that will help buyers choose the right collections at the fair. From January 11th to 14th, buyers will have the opportunity to view the suppliers’ new collections. Under SOPHISTICATED HARMONY The trend researchers summarize sophisticated elegance and … Read more
On November 29th, the day after the US holiday Thanksgiving, Black Friday will take place again, followed by Cyber Monday. The auditing firm PWC conducted a representative survey of 2,000 consumers to determine what purchases Germans are planning on Black Friday. On average, those surveyed said they wanted to spend 277 euros on Black Friday. … Read more
The online shop Temu has been criticized since it was founded in 2022: The ultra-fast fashion practices of the US-based company, which is part of the Chinese online giant Pinduoduo, are causing unfair competition in the Western market and are harmful to health and the environment Ingredients in the products and production methods caused a … Read more
The days of Galeria at Alexanderplatz in Berlin are apparently numbered: the property is to be extensively renovated and given a new use. According to a report from the BZ, there were discussions with the landlord Commerz Real in mid-September that the central and state libraries could move into the building. The idea of a … Read more
Sport Scheck, previously part of the Signa Group, was taken over by the Cisalfa Group and its subsidiary Sport Voswinkel GmbH in June following bankruptcy. The concept has now opened its fourth new location this year. On November 7th, a new branch with over 2,500 square meters of space will be opened on the Zeil … Read more
In the 2024 inner city ranges industry report, IFH Cologne and BBE Handelsberatung examined products from seven product ranges that are particularly relevant to inner cities: these are fashion, CE/electrical, leisure, drugstore goods, home accessories, watches/jewelry and paper/stationery. The total sales volume has increased annually in recent years with the exception of 2020 and was … Read more
The HDE consumption barometer rose by 1.12 points to 97.25 in November. This is the first increase since June 2024. The barometer is also better again than it was at the same time last year. However, the HDE analyzes that we first have to wait and see whether this is really the beginning of a … Read more
According to consistent media reports, the Supreme Court of the Republic of Austria has rejected the restructuring plan of Signa Prime Selection, which includes luxury properties such as the Elbtower, which is still under construction. A restructuring plan was previously accepted by the majority of creditors, which would have resulted in an orderly sale of … Read more
Andreas Wortmann becomes the new CEO of Astormueller AG. With him the company behind Salamander, TT. Bagatt and the Bugatti Shoes license will continue its growth path, according to the statement. The previous CEO and Chairman of the Board of Directors Tim T. Müller says of his successor: “At a time when a consistent continuation … Read more