Lincherie news and archive

Van de Velde reports sharp decline in turnover and profit

The consolidated turnover at Van de Velde, in the first six months of 2020 decreased by 26.5 percent 82.9 million euros (98.6 million dollars). The company said in a statement that the reported turnover decreased by 31.9 percent to 73.9 million euros (87.9 million dollars). The company added that the drop in comparable turnover consists of 23.5...

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Retail

Stores without products, the future of retail?

Bricks and mortar stores that don’t stock products may be the future of retail. According to digital news outlet Quartz, brands are beginning to embrace the “un-store,” which is a retail space that doesn’t actually stock products for sale. These stores are moving away from traditional merchandising and sales models for one that focuses on...