Cathrin Schaer

More From Cathrin Schaer

A still from one of the online fashion retailer's campaigns.

Business Features

EXCLUSIVE: Zalando Makes Sustainability Mandatory for All Brands

Europe’s largest online-only fashion retailer is making a bold move, asking all brands to provide supply chain information. Those that don’t measure up to ethical standards by 2023 are out.

clock May 28, 2020Cathrin Schaer

A still from Zalando's sustainability campaign.

Financial

Zalando Seizes on Acceleration of Online Commerce

The company offered positive guidance for the rest of the year, as European shoppers flocked online.

clock May 7, 2020Cathrin Schaer

A fall look from Lafayette 148.

Financial

Puma Pins Hopes on China After Profits Shrivel in Q1

The German firm trumpeted a “very good April” in China, but warned Q2 overall will be worse.

clock May 7, 2020Miles Socha

Dark days at Hugo Boss.

Financial

Hugo Boss Predicts 50 Percent Sales Drop in Q2

The German brand reported that three-quarters of its stores around the world remain closed.

clock May 5, 2020Cathrin Schaer

Tough times at the German sportswear giant.

Financial

Adidas Warns Sales Could Drop 40 Percent in Q2

Despite worse than expected news, Adidas’ ceo and market analysts agree that the sportswear sector still holds promise.

clock April 27, 2020Cathrin Schaer

Higg Index

Business Features

Too Many, Too Confusing: What Does the Future Hold for Eco-Labels?

Today’s unruly crop of eco-labels are puzzling customers and proving too expensive and time-consuming for manufacturers to apply for. But as the sustainability certification sector evolves, solutions are emerging.

clock April 22, 2020Cathrin Schaer

Berlin Alexanderplatz

Retail

Lockdowns Are Being Lifted Gradually Across Europe, Shops Included

Starting April 19, retail stores up to 800 square meters, or 8,600 square feet, may be allowed to re-open in Germany.

clock April 16, 2020Cathrin Schaer

An image from one of the challenges players are set in the mobile fashion game, Drest.

Technology

Tipping Point: The ‘Gamification’ of Fashion Is Accelerating

Consumers are online at home, playing games and accelerating digital trends faster than expected. That has major ramifications for how business will be done during and after this crisis.

clock April 14, 2020Cathrin Schaer

A Kaufhof department store in Hannover, Germany.

Retail

In Germany, Some Retailers and Brands See Insolvency as the Easiest Option

Despite a trillion euro rescue package, Galeria Karstadt Kaufhof and Esprit are among those who found it easier to head straight to court to file for Chapter 11-style protection.

clock April 3, 2020Cathrin Schaer

Adidas has backtracked and will pay its rent during the lockdown. Last week, it said it wouldn't.

Financial

Adidas Says Sorry, Agrees to Pay German Rents After Controversy

“We made a mistake and we lost a lot of trust by doing so,” Adidas said.

clock April 1, 2020Cathrin Schaer

Adidas store

Government and Trade

Adidas Takes ‘Indecent’ Advantage of German Eviction Freeze

Politicians slammed the brand for refusing to pay their rent and say they’re watching to see if rules need to be adjusted, thanks to corporate rent-dodgers.

clock March 30, 2020Cathrin Schaer

Stores in Germany have been closed since mid-March.

Business Features

Will Fashion Benefit From Germany’s 1.2 Trillion Euro Pandemic Rescue Fund?

The country’s industry associations warn of a wave of insolvencies within a month, if they don’t get more financial aid.

clock March 26, 2020Cathrin Schaer

The 2020 Summer Olympics Are Officially Postponed Due to Coronavirus

Business Features

With 2020 Olympics Postponed, Brands and Sponsors Respond

Aside from attracting a global audience — 3.6 million tuned in for the 2016 Summer Games in Rio — the Olympics are known to boost participation in sports and athleticwear sales.

clock March 24, 2020Rosemary Feitelberg

Mark Langer

Human Resources

Hugo Boss CEO to Step Down in September

Mark Langer will leave this September. His successor has not yet been named.

clock March 23, 2020Cathrin Schaer

An employee picking with Amazon robotics.

Government and Trade

France Says Amazon Putting ‘Unacceptable’ Pressure on Staff

The spat comes amid growing strain on the logistics chain, as workers in sectors considered essential express concern about their safety.

clock March 19, 2020Joelle Diderich

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Essentialist

Today's Must Read

Martijn Hagman

Business

Daniel Grieder Steps Down as CEO, Tommy Hilfiger Global and PVH Europe

clock 9hLisa Lockwood

Social Studies