business

Image for Sainsbury’s boss looks to UK budget to lift spending gloom

Business

Sainsbury’s boss looks to UK budget to lift spending gloom

Image for French retailer Casino to present new strategy with heavy job cuts expected

Business

French retailer Casino to present new strategy with heavy job cuts expected

Image for The Role of Effective KYC in Strengthening Customer Trust and Protecting Business Reputation

Business

The Role of Effective KYC in Strengthening Customer Trust and Protecting Business Reputation

Image for Thailand’s Central Group takes over Swiss department stores Globus

Business

Thailand’s Central Group takes over Swiss department stores Globus

Image for UK business confidence falls from eight-year high, Lloyds says

UK business confidence falls from eight-year high, Lloyds says

Date: September 30, 2024

By David Milliken LONDON (Reuters) – British business confidence ebbed slightly this month after reaching an eight-year high in July and August, as concerns about the broader economic outlook rose to a six-month high, a survey from Lloyds Bank showed on Monday. Lloyds’ overall business barometer – which represents the difference between the percentage...

Image for Aeffe sells ‘Moschino’ brand for perfumes to Euroitalia

Aeffe sells ‘Moschino’ brand for perfumes to Euroitalia

Date: September 27, 2024

MILAN (Reuters) – Italian fashion group Aeffe has agreed to transfer the ownership of its ‘Moschino’ brand in relation to a range of products such as cosmetics and perfumes to Euroitalia for 98 million euros ($110 million), it said on Thursday. Euroitalia, which has been making the Moschino fragrances since 1987, was already the...

Image for Jefferson Smith – Portland Social Entrepreneur Offers 5 Tips on Public Speaking and Giving the Talk of a Lifetime

Jefferson Smith – Portland Social Entrepreneur Offers 5 Tips on Public Speaking and Giving the Talk of a Lifetime

Date: September 26, 2024

“The human voice matters,” says Jefferson Smith. “In a digital and machine learning age, it matters even more.” Jefferson Smith has coached CEOs, scientists, TED and TEDX speakers, conference keynoters, elected officials, nonprofit heads, and startup founders on giving their “talk of a lifetime.” Jefferson Smith is a celebrated speaker himself, having delivered over 500...

Image for Discounter Pepco’s sales hurt by supply chain disruption

Discounter Pepco’s sales hurt by supply chain disruption

Date: September 26, 2024

By James Davey LONDON (Reuters) -European discount retailer Pepco Group said its fourth-quarter underlying revenue was lower than the prior year, partly reflecting ongoing supply chain disruption. The Warsaw-listed owner of the Pepco, Poundland and Dealz brands said on Thursday that while total revenue for its fiscal year to date, the 51 weeks to...

Image for Polish fashion retailer LPP confirms annual revenue goal of up to $5.5 billion

Polish fashion retailer LPP confirms annual revenue goal of up to $5.5 billion

Date: September 26, 2024

GDANSK (Reuters) – Poland’s largest apparel retailer LPP confirmed its full-year revenue target of 20-21 billion zlotys ($5.2-5.5 billion) on Wednesday after posting a flat second-quarter net profit, as rising costs of stores and distribution offset higher sales. BY THE NUMBERS Second-quarter net profit edged up a little over 1% to 444 million zlotys...

Image for UniCredit starts process to bring life insurance business in house

UniCredit starts process to bring life insurance business in house

Date: September 26, 2024

MILAN (Reuters) – UniCredit has told Allianz and CNP Assurances that it will buy their stakes in the life insurance joint ventures it runs with them as it brings the business in house, it said on Wednesday. The decision follows regulatory changes that render permanent capital relief measures known as ‘Danish compromise’ for banks...