News aus dem Handel – sachkundig kommentiert
English short version:
Consumers save significantly on food – Largest drop in sales since 1994 is reported. What exactly is behind this statement? It is the sharpest decline in almost 30 years: Due to high food prices, Germans spent significantly less on food, adjusted for inflation. Faced with sharply rising prices, German consumers are cutting back on food purchases more than at any time in at least 29 years. Adjusted for inflation (in real terms), retail food sales in March were 10.3 per cent lower than a year earlier, the Federal Statistical Office said on Tuesday. „This is the strongest decline in sales compared to the same month of the previous year since the beginning of the time series in 1994,“ it said. But: One reason for this might be expensive food, which cost 22.3 per cent more in March than a year before. The price increase was three times as high as the overall inflation rate of 7.4 per cent. However, I believe that this is also about a shift, because I don’t believe that Germans are consuming less. But they are going more to discounters like ALDI, LIDL and Netto and less to Edeka and REWE. Consumers also have no choice but to look closely and spend their money wisely. And with some outrageous price increases, one can understand that. The prices have to go down again…
Zalando continued its growth in the first quarter and increased its profitability. Strong demand in the online shopping club Lounge by Zalando contributed to this. In addition, partners sold more fashion and beauty products on Zalando’s platform.Gross merchandise volume (GMV) increased by 2.8% year-on-year to €3.2 billion in the first quarter. Sales increased by 2.3% to €2.3 billion compared to the same period last year. The company broke even in terms of adjusted earnings before interest and taxes (adjusted EBIT), compared to -52 million euros in the first quarter of the previous year. The number of active customers increased by 4.8% year-on-year to 51.2 million.Lounge by Zalando is Zalando’s online shopping club and offers customers limited-time offers and discounts on premium brands. Lounge by Zalando is an essential part of the Offprice segment and grew particularly strongly in the first quarter with a 33% increase in sales. In January, Zalando redesigned the shopping club’s website and app and introduced a new brand identity. The improved customer experience was well received by Lounge by Zalando customers.
The fashion retailer Breuninger achieved a turnover of 1.4 billion euros last year. More than 50 per cent of this was accounted for by online business, according to CEO Holger Blecker in an interview with the Handelsblatt. And in the next five years, Breuninger wants to double its online sales again – and to do so, become increasingly active in countries where the company does not operate any stationary shops. 2023 has also got off to a good start for Breuninger: „We achieved double-digit growth in the first quarter. I expect a good plus this year,“ says Blecker.
Renewed activity across Europe’s luxury market saw store openings increase by 77% last year, as the continent welcomed back international visitors and saw a strong recovery in luxury spend.
Bumpsuit, the popular maternity wear brand among celebrities, opened its first physical store. The pop-up pod, located on the lawn across from Nordstrom, was fully outfitted and designed by Will Fox of Fox Fox Studio and will be on display until May 24. The digital native brand will offer its essentials in the pop-up, including dresses, shapewear, loungewear and babywears, as well as the brand’s newest category, Shapewear Swim.
„Tommy Hilfiger launches pop-up spaces at XXXLutz
Tommy Hilfiger is opening up a new sales channel on the German market: the US label is launching pop-up spaces at XXXLutz. In future, the lifestyle brand’s home and living collections will be sold in 25 branches and via the furniture chain’s online shop. The range includes hand and sauna towels, blankets, cushion covers and bed linen in a colour palette ranging from cream and white to dark blue and the striking Tommy Hilfiger signature red. On the one hand, the cooperation is intended to meet the desire for exclusivity of the discerning clientele and – inspired by the close relationship between fashion and interior design – to look beyond one’s own horizons.
The XXXLutz Group operates over 370 furniture stores in 13 European countries and employs more than 26,300 staff. In Germany, the chain employs 11,000 staff in the 49 XXXLutz furniture stores and the 46 Mömax Trend take-away stores. With an annual turnover of 5.75 billion euros, the group is considered one of the largest furniture retailers in the world.“
„Blue Tomato continues to expand across Europe and has now opened its first shop in Italy. The opening was preceded by a huge increase in Italian customers via the online shop, which is now available in 14 languages. The Austrian boardsports specialist moved into a 250 square metre shop in the old town of Trento last week. Customers will find a large selection of streetwear and everything to do with snow, surf and skate.
With almost 850 employees and more than 450,000 products, Blue Tomato is one of the world’s largest online retailers in the snowboard, freeski, surf, skateboard and street style sector and already operates more than 80 shops in Germany, Austria, Switzerland, the Netherlands, Norway, Sweden and Finland.“
„Moncler appoints Robert Triefus as CEO of Stone Island brand (after Gucci, Armani, CK).
Moncler SpA announced that Robert Triefus has been appointed Chief Executive Officer of Sportswear Company S.p.A., the company that develops, produces and distributes the Stone Island brand. The company added that Stone Island is nearing the end of the first phase of its development, in which it has taken direct control of the main markets in which it operates, and that Triefus will lead the second phase of development, dedicated to the strategic evolution of the brand and the increase of its international importance.Entering the metaverse will certainly only be a matter of time! „
„““Bershka launches the world’s first semi-digital apparel collection
Global fashion retailer Bershka and AR filter developer FFFACE.ME have teamed up to create the world’s first semi-digital clothing collection that combines fashion and technology.
Bershka has taken inspiration from the digital world and recently launched its „“Wearable Art““““ collection in Lisbon. The collection allows customers to add digital elements to physical garments by simply using the Instagram filter, which can be used to create original content for social media. This innovative approach, developed by FFFACE.ME, is the first of its kind in the fashion industry. FFFACE.ME is an award-winning XR and WEB3 product house that develops AR filters and AR mirrors, digital clothing, virtual influencers and metaverse projects.
This initiative is a step into the future of sustainable fashion, as a physical garment can have multiple AR layers that can be updated over time.
The semi-digital clothing collection is now available worldwide.“
Violations of the law: US Department of Labour uncovers over 300 cases of child labour at Mc Donald’s. According to the US Department of Labour, children have been working in branches of the fast food chain under illegal conditions. The youngest were ten years old.In a total of 305 cases, inspectors of the Department of Labour found violations of the applicable law. According to the report, the underage employees – with the exception of the two ten-year-olds – were between 14 and 15 years old. Among other things, they are subject to restricted working hours of a maximum of three hours a day on school days and eight hours on non-school days.