Hugo Boss (BOSSn.DE) has shaken up its senior management team under new chief executive Daniel Grieder, who wants to make the German fashion retailer one of the world's top 100…
Category: Business
Japanese shippers reap quarterly profit bonanza amid supply chain chaos
Nippon Yusen (9101.T) and Kawasaki Kisen Kaisha (9107.T), Japan's biggest and third-biggest shipping companies, reported record quarterly profits as they benefited from higher freight rates amid the chaos hitting global…
UK’s Superdry faces weeks-long supply delays at wholesale business
British fashion retailer Superdry (SDRY.L) said on Thursday it was facing delays of up to six weeks in despatching stock at its wholesale business ahead of the crucial holiday season…
China’s Lenovo says global chip shortage to persist as profit jumps
China's Lenovo Group (0992.HK), the world's biggest maker of personal computers, said that a global chip shortage would persist into the first half of next year as it reported a…
RTL Group reports strong 9-month growth on streaming boom
European TV broadcaster RTL reported strong nine-month revenue growth on Thursday, citing continued recovery of TV advertising and growth in streaming businesses, adding it plans to expand its streaming services…
Slowly, European regulators turn up the heat on greenwashing
European financial regulators say they are uncovering more cases of greenwashing by asset managers cashing in on booming demand for sustainable finance, and some are starting to turn the screw…
France’s SocGen beats Q3 estimates, names new CFO
French bank Societe Generale (SOGN.PA) posted on Thursday higher third-quarter earnings, beating estimates, supported by strong revenue from corporate and investment banking and lower bad loans and also appointed a…