Zalando to tap designer labels, vintage to boost sales
Online fashion retailer Zalando plans to offer more premium and luxury ranges and move into the vintage clothing market as it predicted slower sales growth...
Nokia shares outperform on M&A hopes
Shares in Finnish telecom network equipment maker Nokia Oyj outperformed a falling market on Thursday, following a Bloomberg report it was weighing options for potential...
Thai tycoons in fray as Tesco sets bid deadline for $9 billion Asia business: sources
British retailer Tesco has asked bidders to submit binding offers for its Asian business by Friday, in a deal that will see Thai billionaires fight...
WPP shares slide again after fourth-quarter slowdown
WPP , the world’s biggest advertising company, reported a sharp slowdown in its final quarter of the year on Thursday and said it did not...
IKEA reduces climate footprint for the first time
Carbon emissions throughout the full value chain of IKEA furniture fell for the first time last year, brand owner Inter IKEA said on Thursday citing...
WPP to target flat 2020 growth after fourth quarter slides
WPP , the world’s biggest advertising company, said it would target flat organic growth and profit margin in 2020 as part of its recovery after...
Aston Martin’s finance boss to leave as losses deepen
Aston Martin’s chief finance officer will leave the company after its losses almost doubled last year following a sales drop as the luxury carmaker pursues...
AB InBev flags lower first-quarter profit on virus impact
Anheuser-Busch InBev on Thursday forecast a 10% decline in its first-quarter profit after a weaker-than-expected finish to 2019, as the world’s largest beer maker expects...
Futures tank as virus risks deepen
U.S. stock index futures tumbled on Thursday as the rapid spread of the coronavirus outside China raised fears of a pandemic and sent investors scurrying...
AB InBev fourth quarter profit below expectations, sees muted 2020 growth
Anheuser-Busch InBev ABI.BR, the world’s largest beer maker, suffered a greater than expected fall in core profit in the fourth quarter last year and forecast...