Tag: Branded and luxury items
Stada expands portfolio and buys more brands from Sanofi
Stada headquarters The Hessian drug manufacturer is expanding its business with over-the-counter drugs. (Photo: Reuters) Frankfurt The Hessian drug manufacturer Stada is again buying several over-the-counter branded products from the…
Fashion manufacturer raises sales target by one billion euros
Passer-by with a Hugo shopping bag in San Francisco CEO Daniel Grieder wants to open the fashion manufacturer to new target groups. (Photo: Bloomberg) Stuttgart, Dusseldorf The German fashion group…
Aldi Süd wants to benefit from the discount organic boom with a new brand
Dusseldorf The discounter Aldi Süd is launching a new brand for organic food. Starting this Monday, 15 items will initially be on the shelves under the name “Nur Nur Natur”.…
Aldi Süd wants to benefit from the discount organic boom with a new brand
Dusseldorf The discounter Aldi Süd is launching a new brand for organic food. Starting this Monday, 15 items will initially be on the shelves under the name “Nur Nur Natur”.…
Deutsches Einhorn takes over US competitor Elevate Brands
Dusseldorf Philipp Triebel has an ambitious goal. “We want to build a new generation of global consumer goods group,” says the co-founder of SellerX to Handelsblatt. In the evaluation, the…
Who benefits from the lack of shelves in the supermarket
Hamburg, Dusseldorf At Edeka there are no more chocolate bars from Mars on the shelves, at Aldi there are no creams from Nivea. Customers feel with every purchase that retailers…
Adidas continues to weaken than the competition
Adidas boss Björn Gulden The separation of US scandal rapper Kanye West and the joint brand “Yeezy” costs the sporting goods company a lot of sales and profits. (Photo: Reuters)…
Adidas continues to weaken than the competition
Adidas boss Björn Gulden The separation of US scandal rapper Kanye West and the joint brand “Yeezy” costs the sporting goods company a lot of sales and profits. (Photo: Reuters)…
Adidas sales stagnate at the beginning of the year – but new CEO Gulden sees progress
Adidas boss Björn Gulden The separation of US scandal rapper Kanye West and the joint brand “Yeezy” costs the sporting goods company a lot of sales and profits. (Photo: Reuters)…
Beiersdorf benefits from the realignment of the Nivea brand
Nivea production in Hamburg Beiersdorf generates most of its sales with the brand. (Photo: Reuters) Dusseldorf Thanks to rapid growth in its core brand Nivea, manufacturer Beiersdorf has posted a…
Stock market value rises above 500 billion dollars
LVMH CEO Bernard Arnault Dusseldorf For the first time, a European company is worth 500 billion US dollars. On Tuesday, the market cap of French luxury manufacturer LVMH (Moët Hennessy…
This is how Mercedes makes Maybach electric
Mercedes-Maybach EQS SUV The luxury SUV is the luxury brand’s first electric model. (Photo: Mercedes-Benz) Lisbon The term luxury is clearly defined in the Mercedes world. 99 percent of customers…
Why luxury attracts investors
Luxury by Louis Vuitton The luxury brand is a heavyweight in the European stock index Euro Stoxx 50. (Photo: Bloomberg) Frankfurt Good sales numbers from French group LVMH Moët Hennessy…
Meager dividend despite record results: shareholders criticize Beiersdorf
Dusseldorf Despite higher sales and profits, Nivea manufacturer Beiersdorf no longer wants to pay dividends. This caused harsh criticism from investors at the virtual general meeting on Thursday. “How well…
Beiersdorf raises forecast – sales increase faster than expected
Nivea production in Hamburg Manufacturer Beiersdorf started the year better than expected. (Photo: Reuters) Dusseldorf The consumer goods manufacturer Beiersdorf achieved higher revenues in the first quarter than expected on…
How the Swiss watch industry keeps the hype going
Rolex watches at the Watches and Wonders show in Geneva Geneva No sign of the crisis: despite inflation and the banking crisis, Cyrille Vigneron cannot see the demand for luxury…
L’Oreal, LVMH, Hermès: Stable stocks from France
Bernard Arnold The boss of the luxury group LVMH looks back on a successful year – and optimistic about the future. (Photo: Reuters) Paris Anyone who relies on listed family…
Bentley presents record results
Bentley: Shining trademark The British VW subsidiary is doing better than ever in its 104-year history. (Photo: Reuters) London The British VW subsidiary Bentley Motors achieved a record result in…
Sales and earnings growth expected – dividend increases
Boss shop in London The brand is targeting younger customers and more casual wear. Stuttgart The Hugo Boss fashion group does not fear any major adverse effects from the insolvency…
Nivea manufacturer Beiersdorf grows by 10.2 percent and increases profit
Hamburg Although many consumers want or have to save, they continue to buy Nivea products. Their producer Beiersdorf increased its sales in the past year by 10.2 percent to 8.8…