Germany Archive

Zalando Raises Full-Year Forecast After Third-Quarter Profit

BERLIN, Germany — Online apparel retailer Zalando SE raised its full-year forecast after it made an unexpected profit before interest and tax in the third quarter. Zalando said the operating margin should be 5 percent to 6 percent in 2016 in a statement released late Tuesday, compared with a previous range of 4 percent to 5.5 percent. Earnings before interest and tax were €8 million …

Delft plates with images of nuclear power stations

The Atomteller plates update the Dutch tradition of plates that feature windmills with more up-to-date power-generation — nukes: “Monuments of error – hope of yesterday – folklore of tomorrow.” €39 each, 20cm in diameter. (via Crazy Abalone) report this ad Good Hello, Consumers of Media About Media: Courtesy of our friends at Boing Boing, this is Negativland speaking to you. …

Tesla told to stop using “misleading term Autopilot” in Germany

Germany’s Federal Motor Transport Authority (KBA) has asked Tesla to stop using the term ‘Autopilot’ to refer to its driver assistance technology because of the risk of misleading consumers about the capabilities of the technology. According to a report in Germany’s Bild am Sonntag newspaper yesterday, the KBA has written to Tesla asking the electric car company to stop using the term in order “to avoid misunderstandings and false customer expectations”. A …

Hugo Boss US Chief to Be Replaced as Clothier Seeks Revival

METZINGEN, Germany — Hugo Boss said the head of its ailing US business will be replaced at the end of the month after less than two years in the job. Gerrit Ruetzel will leave to “seek new opportunities,” the Metzingen, Germany-based clothier said in a statement Wednesday. He will be succeeded by Anthony Lucia, who rejoins the company he worked at for a decade until …

Meet the Mastermind Behind Adidas' Biggest Sneakers

There are few sectors of the economy that offer as wide and interesting a range of career opportunities as fashion. Role Call highlights some of the industry’s most interesting jobs and the talented people who do them. For more information about fashion industry roles like this and others, visit BoF Careers. HERZOGENAURACH, Germany — Nic Galway is the man responsible for some of Adidas’ most successful sneakers, …

Zalando Confirms Earnings Boost From Efficiency and New Brands

FRANKFURT, Germany — Zalando SE boosted earnings as the online apparel retailer added new brands like Kate Spade and got more bang for its marketing buck. Adjusted earnings before interest and taxes amounted to €80.9 million ($90.3 million) in the second quarter, Berlin-based Zalando said in a statement Thursday. That compares with €30.2 million a year earlier. The company said July 19 that earnings would …

Hugo Boss Lowers Profit Outlook as Sales Slow

METZINGEN, Germany — Hugo Boss AG lowered its profit forecast for 2016 as the struggling German fashion label reported a fall in second-quarter sales, highlighting the challenge facing new chief executive officer Mark Langer. Earnings before interest, taxes, depreciation and amortisation and other items will decline by 17 percent to 23 percent in 2016, the Metzingen, Germany-based company said in a statement on Friday. That …