Ferrari, with its prancing stallion symbol, may be the ultimate masculine luxury symbol of Italy. But when it launched its first fashion collection this weekend there were more girls than guys on its catwalk.
Carrefour said revenue growth accelerated in the first quarter, driven by robust sales in Brazil and an improving performance in the core French market where hypermarket sales turned slightly positive.
The Smiley Company had good news this week and said that last year was strong, despite the weak retail sector. And while full 2018 results are still being prepared, the first nine months suggest a healthy final figure.
French retailer Carrefour has struck a five-year purchasing alliance with peer Systeme-U, stealing a march over rivals in a deal that will make Carrefour the biggest buyer in its competitive home market.
The world’s second-largest retailer expects currency exchange rates along with restructuring and one-off charges to weigh on profitability this year, after posting lower operating profit for a second year running.