Rubin Ritter, who has worked as co-chief of Zalando since 2010, said Sunday that he intends to leave his role at the next annual general meeting in May 2021. Robert Gentz and David Schneider will continue to lead Zalando as co-CEOs after Ritter’s …
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Ted Baker PLC on Monday reported a widened pretax loss and an almost halved revenue for the first half of fiscal 2021 due to the coronavirus pandemic, and said that its balance sheet is materially stronger than it had expected. The U.K. lifestyle brand posted …
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Societe Generale SA expects to cut costs by about 450 million euros ($545 million) by combining its French retail operations with its Credit du Nord subsidiary, as Chief Executive Officer Frederic Oudea seeks to bolster profitability. The number of branches in …
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Traders’ body CAIT on December 6 said that it has written to the Enforcement Directorate seeking “strict action” against Amazon, claiming that the e-commerce major has caused “misery” to small traders by resorting to predatory pricing. The Confederation of …
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he Hut Group, the UK tech darling which sells beauty brands online, has upped its full-year sales guidance and revealed a string of new partnerships. The firm, which also sells sports nutrition brands and licenses its technology to others, said it had “very …
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