Dutch e-tailer Coolblue has reached a record turnover of 1.5?billion euros in 2019. Now it wants to invest in an expansion into Brussels and Wallonia, new stores in the Netherlands and services such as home delivery by bike and installation of appliances.
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Alibaba has had another record-breaking quarter, with a 38?% turnover growth and significant profit gains. However, the corona crisis may spell very bad news for the e-commerce giant.
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Swiss food group Nestlé saw its turnover go up in 2019, with pet foot brand Purina as strongest link in the chain. Bottled water, however, is a completely different story.
Meal delivery company Takeaway.com has achieved a strong turnover growth last year, assisted by the acquisition of Delivery Hero in Germany. For the first time since the IPO in 2016, the company recorded a positive gross operating result.
French luxury group Kering, owner of brands such as Gucci and Yves Saint Laurent, has once again experienced a year of strong growth. However, the precarious situation in China is causing the French group significant headaches.
2019 restored hope for French sports chain Decathlon, after a disappointing?2018: turnover increased by 9?% to 12.4?billion euros. However, there is no mention of the profit (which had deteriorated enormously in 2018).
Ahold Delhaize ended 2019 on a high: sales and profit increased slightly more than expected, and online sales grew by more than 30?%. Dutch Albert Heijn and Belgian Delhaize both gained market share, American growth came mostly from online.
L’Oréal has had a very good 2019: the company achieved its biggest increase in turnover in ten years and also saw its profits increase significantly. The cosmetics group also announced that it has appointed Ilham Kadri, CEO of Belgian chemical company Solvay, to the post of director.
The chains belonging to French retail group Les Mousquetaires, including Intermarché and Netto, have had a strong year in which they saw turnover increase by 2.2?%.
Coca-Cola has had a strong fourth quarter: sales were higher than expected, driven by the demand for soft drinks, flavoured cola and Fuze Tea.?
Amazon was able to boost its turnover in the last quarter of 2019: strong Christmas sales and a surge in Prime subscribers made sure quarterly results were significantly better than expected.
Contrary to earlier reports, Unilever has now announced it will look into divesting its tea branch - including such brands as Lipton - as the FMCG giant suffered major blows in 2019.
Helena Helmersson has been appointed as new CEO of H&M, the Swedish fashion chain announced at the same time as its (good-looking) annual results. Her predecessor, Karl-Johan Persson, will be chairing the board of directors from now on.
Animal products webshop Zooplus has reached the 1.5?billion euro turnover milestone in 2019. The company grew by 14?% last year, thanks to high-performing private labels.
French luxury group LVMH saw its turnover grow by 15?% in 2019, achieving a sales record once again. Yet protests in Hong Kong weighed on the luxury group’s last quarter, and analysts are holding their breath for the consequences of the coronavirus.?
The Danish Lars Larsen Group, the parent company of furniture chain?Jysk, once again achieved record figures for the 2018/2019 financial year. Operating profit was 3.9% higher than a year ago.