Amazon has begun hiring its own drivers in Germany and plans to open 11 more distribution centres to expand its delivery business in its second biggest market, the firm's German logistics chief said in an interview.
The Canadian sportswear brand plans to quadruple international sales by 2024, a goal that Gareth Pope, Lululemon's EMEA boss, is taking on board for the region he oversees, adopting a methodically patient approach.
Chinese group Icicle – also the owner of Carven – has opened the first flagship store for the eponymous luxury label outside China, on avenue George V in Paris, proof of its ambitious international plans.
Swedish investor Kinnevik has sold a portion of its shareholding in online retailer Zalando. The e-tailer’s largest shareholder has completed a placement of 13.13 million shares, it announced on Tuesday.
French Connection’s half-year results showed it “building on good progress” and “on track to meet expectations”, but it's still loss-making. It also said its strategic review would be completed before 2020.