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News

  • China to promote cross-border ecommerce in more cities

    China will promote cross-border ecommerce in more cities as a key measure to stabilize trade, state television reported on 3 July, citing a state council meeting chaired by Premier Li Keqiang

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  • Aldi Germany to harmonize private label across Nord and Süd

    Aldi is expanding synergies between its Nord and Süd divisions and has deployed a new purchasing structure in Germany. Going forward, private label suppliers of Aldi Nord and Süd will only negotiate with one of the two companies when it comes to supplying the two discounters

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  • Sainsbury’s to extend beauty range overhaul to 100 stores

    Sainsbury’s is to extend the makeover of its beauty product range to 100 stores, as part of plans to arrest a slump in sales. The retailer said after a successful trial at eight stores, which saw double-digit growth, its enhanced beauty range would be rolled out to the stores by March next year. Sainsbury’s CEO Mike Coupe said the supermarket wanted to cash in on the popularity of online beauty sites and blogging, which had fuelled strong demand for beauty products

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  • Primark revenue increases 4% in Q3 2019

    Primark, part of Associated British Foods has reported third quarter results for the 40 weeks to 22 June 2019. Sales at Primark in the year-to-date were 4% ahead of last year at constant currency and actual exchange rates, driven by increased selling space partially offset by a decline in like-for-like sales.  In the UK the sales growth recorded in the first half continued in the third quarter

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  • Zalando to build new fulfilment center near Rotterdam

    This summer, Zalando will start the construction of a distribution center in Bleiswijk near Rotterdam. The new facility in Bleiswijk will create 1,500 jobs in the medium term despite being the most automated location within the Zalando network

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