About You raises forecast
Optimism despite generally stagnating online retail. About You has raised its outlook for the 2024/2025 financial year. The Hamburg-based online retailer has announced the new forecast following better business figures for the first half of 2024/2025. The EHI Retail Institute had written at the beginning of October that e-commerce sales were stagnating. In its press release on the results of the latest study […]
Deutz: Cost reduction
Growth strategy and planned cost reduction. Deutz has recently announced a cost-saving programme. According to its press release, the Cologne-based engine manufacturer intends to counteract the cyclical decline in demand with this programme. Deutz presented this cost-saving programme as part of its Capital Markets Day last Wednesday. At the same time, the company provided information on the further development of its strategy, called „Dual+“. Solutions along the value chains. At its core [...]
Tchibo: Reorganisation of the management
Online Business Under New Management Tchibo GmbH announced some changes regarding its management on Tuesday. From now on, Felix Albrecht will be a member of the management board of the Hamburg-based trading company, known for its coffee. This means Tchibo's online business will be under new management. Because Felix Albrecht, who will take up his new position on 1 January 2025 […]
The big buyer salary report 2024 is here
The Kloepfel Group has been surveying German specialists and managers from the fields of purchasing and supply chain management every year since 2013. This year, 1,179 people from Germany took part. The report shows salary differences and their causes, including country- and industry-specific differences. It also analysed whether and how the use of AI in companies affects salaries.
Liebherr: Record order
Largest order in company history Fortescue buys numerous construction machines from Liebherr. According to a Liebherr press release, a corresponding contract was signed by the two companies at Minexpo in Las Vegas (USA), an important trade fair for mining. As Liebherr emphasises, it is the largest order volume in its 75-year company history. According to the press release, it concerns [...]
New high-pressure gas pipeline in Heide
Collaboration between Northvolt and SH Netz The old high-pressure gas pipeline at the site of Northvolt, a Swedish manufacturer of lithium-ion batteries, has been replaced with a new gas transmission line. The location is the German town of Heide. This new line, which has been laid since May, was recently commissioned by Schleswig-Holstein Netz (SH Netz), a company belonging to the HanseWerk Group. The goal […]
Change of boss at Zeiss
New CEO for internationally positioned technology group As of 1 April 2025, the current Chief Executive Officer of Carl Zeiss AG, Karl Lamprecht, will be stepping down. He has decided not to extend his contract, the technology group writes in its press release. Lamprecht's successor will be Andreas Pecher. He has been working at Zeiss since 2013. He began there as Head of the […]
Hellmann takes over logistics for Lacoste in Mexico
Centralised Distribution from Mexico City Hellmann Worldwide Logistics, a global logistics and transport company, is taking over contract logistics for the sportswear brand Lacoste in Mexico. From its 11,000 square metre distribution centre in Mexico City, Hellmann organises deliveries to 45 retail outlets. Direct deliveries to private customers throughout the country will also be handled. Services include goods receipt, inventory management […]
Mäurer & Wirtz: Fragrance licence for Tom Tailor
Mäurer & Wirtz, a well-known perfume manufacturer, will take over the brand licence for Tom Tailor Fragrances from Luxess GmbH as of 1 January 2025. This expansion will add another brand to the portfolio of the company, which is one of the largest perfume manufacturers in Germany. Tom Tailor is primarily known for mainstream fashion. According to Stephan Kemen, CEO of Mäurer [...]
Increased airfreight surcharge at Lufthansa Cargo
Lufthansa Cargo will incorporate the rising costs of Sustainable Aviation Fuel (SAF) into its Air Freight Surcharge (ASC) from January 1, 2025. From 2025, there will be a statutory SAF blending quota of 2 percent in the EU. Other countries are also planning or have already introduced mandatory SAF quotas. SAF stands for Sustainable Aviation […]