All Germany articles – Page 11
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AnalysisInfographic: UK leads global ecommerce export market
The UK is the largest export economy for ecommerce in the world with annual overseas trade of £720m in 2013, a new report has found.
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GalleryStore gallery: Department store Breuninger opens in Germany's fashion capital
The UK is occasionally characterised as a retail oddity in terms of the number of department store chains it boasts.
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NewsEdinburgh Woollen Mill profits rocket as it aims to expand
Edinburgh Woollen Mill has posted record profits and put international growth on its agenda as the retailer seeks to expand.
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NewsTed Baker sales rise as autumn range proves a hit
Ted Baker has revealed a 24% increase in group sales to £77.1m in the 13 weeks to November 9 after an “encouraging” reception to its autumn/winter range.
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AnalysisAnalysis: German department store Karstadt's ‘Feel London’ campaign
London is cool. Those living in the UK capital are occasionally unaware of this view of their home and some may even be a little blasé about the city’s status.
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GalleryStore gallery: Karstadt creates the London look in Düsseldorf
London is fashionable. That may be something of a truism but it’s occasionally a fact that can be overlooked.
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AnalysisAnalysis: German etailer Zalando at a glance
As Asos’s largest shareholder Bestseller owner Anders Holch Povlsen takes a stake in rival online player Zalando, Retail Week takes a look at the German business.
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AnalysisInternational analysis: Metro scrapes back into the black
Germany’s Metro Group has returned to the black, albeit at a very low level, with net profit of R17m (£14.6m) for the first half to June 30, compared with a net loss of R98m (£84.6m) during the same period last year.
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AnalysisInternational analysis: German DIY retailer Praktiker under pressure as rivals circle
Germany-based Praktiker is on the brink of collapse after negotiations over restructuring its finances broke down last week.
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AnalysisInternational analysis: Karstadt sales suffer after spate of bad news
Recently leaked confidential figures from a presentation at a Karstadt supervisory board meeting show the retailer posted a significant net loss of E249.6m (£214m) in its last full fiscal year to September 30, 2012.
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News
Metro Group to invest funds into struggling home market
Metro Group is considering an exit from Bulgaria, Egypt, Japan and Kazakhstan, it was reported in Germany. The retailer is believed to be selling in order to invest funds into its struggling home market. Metro hopes to accelerate the pace of transformation in Germany. Further changes are planned among top ...
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Foot Locker to acquire German athletic retailer Runners Point
Foot Locker is to acquire German athletic retailer Runners Point for e72m (£60.8m).Runners Point operates Sidestep and eponymous stores, as well as online subsidiary Tredex.The deal is subject to review by German competition authorities.Its stores are predominantly in Germany, although the retailer also has outlets in the Netherlands, Austria and ...
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Edeka to invest in store modernisation
Co-operative retail group Edeka aims to invest E1.6bn (£1.35bn) in the modernisation and extension of its store network and retail infrastructure, said chief executive Markus Mosa. The investment is a 10% increase on 2012.In 2012 Edeka posted sales of E44.8bn (£37.73bn), up 3.8% on the previous year. Its net income ...
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Lekkerland's reports net sales increase
Lekkerland’s net sales increased €127.2m (£109.4m) to €11.48bn (£9.87bn) during its 2012 financial year.The figures were adjusted for a discontinued operation in Eastern Europe. The group’s net profit rose 58% during the year to €80.3m (£69.1m), because of strong earnings in Germany. “We have a positive outlook for the future,” ...
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News
Rewe Group to invest in small online companies
Rewe Group is to invest in small online companies to gain ground in ecommerce.“We want to establish sort of a business incubator for start-ups,” chief executive Alain Caparros told business title Wirtschafts Woche. He said that Rewe may have underestimated the dynamics of online operations.Rewe also wants to extend its ...
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Otto Group to expand ecommerce operations
Otto Group is to invest E300m (£255.2m) in the expansion of its ecommerce operations over the next two years, according to managing director Rainer Hillebrand.The retailer aims to increase online revenues from E5.7bn (£4.8bn) in 2012 to E8bn (£6.8bn) in 2015.A key project is a new online brand, dubbed Collins, ...
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Multichannel retailer Otto Group reveals preliminary figures
Multichannel retailer Otto Group has revealed preliminary figures for the year to February 28.Consolidated revenues rose 1.7% to E11.8bn (£9.94bn).The group’s multichannel retail earnings rose 0.4% to E10.07bn (£8.48bn). Ecommerce revenues increased 7% to E5.7bn (£4.8bn), representing 57% of total retail turnover.In Germany, online sales were E3.7bn (£3.12bn).Chairman of the ...
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Metro Group reports decline in net profit
Metro Group reported a sharp decline in net profit by 86.3% to E101m (£86.1m) for the full year ended December 31.EBIT (before special items) suffered a double-digit decline across all formats with the exception of Galeria Kaufhof and real estate.Metro Group’s net sales rose 1.2% to E66.7bn (£56.8bn), supported by ...
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Group sales increase for DIY retailer Hornbach
DIY retailer Hornbach’s group sales increased 0.8% to E3.23bn (£2.75bn) in the year ended February 28.The Hornbach-Baumarkt fascia achieved growth of 0.6% to E3bn (£2.5bn) year on year. Consolidated like-for-like sales dropped 1.4% from the previous year’s level of 2.8%.
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Grocer Rewe Group records sales climb
The country’s second largest grocer Rewe Group’s sales climbed 2.7% to E49.7bn (£42.55bn) in its 2012 financial year.Turnover rose 2.4% in its domestic market and 3.6% abroad. The group’s store base shrank 1% to 15,538, mainly due to adjustments of the network, particularly for chains Penny in Germany and Billa ...