All France articles – Page 23
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News
Luxury retailers struggle as sector’s immunity fails
The usually polished and aloof world of luxury retail has become an unusually tense and anxious place as some of its biggest names battle for survival.
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NewsLaura Ashley enjoys sales lift
Laura Ashley has reported a like-for-like sales uplift of 6.9 per cent in the 17 weeks to May 30.
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EBay clinches legal victory over L'Oréal
EBay has claimed victory in a Paris court case brought against it by cosmetics giant L’Oréal over counterfeit perfumes on eBay’s website. The court ruled in favour of the internet auction site and said that it was not liable for the fake products and had met its obligations to combat ...
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Carrefour and Reliance Retail discuss joint venture
French retailer Carrefour is in talks with Indian giant Reliance Retail about forming a joint venture.Carrefour has been negotiating to operate in India in partnership with tycoon Kishore Biyani’s Future Group, but no deal has been struck.The French group is now talking to other potential partners, including Aditya Birla and ...
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GalleryAdidas’ Parisian store revamp impresses
Adidas is going for gold with the striking revamp of its Champs Elysées flagship. John Ryan goes to Paris for a tour
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News
LVMH denies sale of spirits division
LVMH, the world’s largest luxury goods retailer, revealed first-quarter same-store sales fell 7 per cent and denied reports that it is to sell its wine and spirits division Moët Hennessy.In the quarter to March 31, total sales were flat at E4.02bn (£3.61bn) after demand fell for alcohol, watches and jewellery, ...
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Discount range at Carrefour
Carrefour has unveiled a new discount range that will be introduced across all of its chains in France and Belgium by the end of the month.The retailer hopes that the range will attract customers tightening their belts during the recession and help it compete with discount groups such as Aldi ...
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PPR boss trapped in car by employees
Billionaire retailer François-Henri Pinault was held captive in his car for an hour after becoming a victim of the trend for credit crunch boss-napping in France.Pinault, who is chief executive of luxury brands group PPR and husband of Hollywood actress Salma Hayek , was trapped by 50 employees angered ...
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Casino gains call option on ING stake in Super de Boer
An agreement with ING has given grocer Casino a call option on the bank’s stake in Dutch grocer Super de Boer.
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News
Trial at Lille Castorama sparks wider store test
French retailer Castorama will review initial findings from a new-style store in July. The DIY business, owned by Kingfisher , plans another three test stores by the end of summer, following the opening of the first in Hellemes, near Lille, in March. New signage and point-of-sale merchandising are among the ...