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Prarthana PrakashFortune |
Europe is “on the way to becoming a museum," said Ericsson's CEO Börje Ekholm.
Shoppers have poured into Ikea stores in droves since its initial price cuts, so the Swedish giant plans to keep the momentum going.
“All roads lead to real estate,” Michael Burke, the head of LVMH Fashion Group, told The Wall Street Journal.
Michael O'Leary says that if football players and their managers can get paid in the multi-millions, why not him?
“Macro-economic pressures, while less intense, have not relented in 2024," a partner at EY-Parthenon said.
Darktrace’s board said that its success is not reflected in its current valuations as its shares are trading lower than those of its peers.
It's been an eventful few days for aviation players—from Airbus to Heathrow. Here's how they fared.
Beauty has been an important driver in Unilever and LVMH's recent earnings—is it just the lipstick effect or more?
The collective wealth of the Ferrero and Mars families beats the summed-up GDPs of Ghana and Ivory Coast, Oxfam's report said.
“If somebody doesn’t believe Tesla’s is going solve autonomy, I think they should not be an investor in the company,” Tesla CEO Elon Musk said...
“London’s position as the most desirable city, a position it has retained for many years, is both a promise and a challenge,” a BCG expert said.
“We suspect TikTok ‘Lite’ could be as toxic and addictive as cigarettes ‘light’,” EU commissioner Thierry Breton said.
“When you change the culture of a company, it’s never a revolution. It’s an evolution,” CEO Benedetto Vigna said.
“For the most ambitious and innovative teams, there is an exciting opportunity now," one expert told Fortune.
The iconic fashion mogul said he doesn't see a takeover or IPO in the cards anytime soon, but can't "rule anything out."
“I don’t like it when people compare watches with stocks. This sends the wrong message and is dangerous,” Rolex’s Jean-Frédéric Dufour said.
“Cruel fraudsters have wasted no time in targeting her most loyal fans as they rush to pick up tickets for her must-see concerts,” Lloyds Bank...
Some segments at LVMH, like Wine and Spirits, grew slower than others. But context about the luxury spending figures—and what it's compared to—is...
The firm, cofounded by four finance professionals as an arm within Citigroup over 40 years ago, has soared to become Europe’s top private equity...
Superdry's woes have kept mounting—big losses, a slew of CFO departures and a rapid decline in share price, which is down 82% year to date.
In 2020, Lego launched its adult-focussed category. Adults also introduce kids to Lego, making them a critical group to the Danish toymaker's growth.
Companies in Europe have received far lesser funding—by 10-fold—compared to their rivals across the Atlantic.
The CEOs of ExxonMobil and Chevron made between three to four times more than their counterparts at Shell and BP.
Nicolai Tangen's podcast isn't like any other—the guestlist includes major C-suite execs of companies that the $1.6 trillion sovereign fund invests...
The bloc's anti-trust chief Margrethe Vestager said the EU "can’t afford to see what happened on solar panels happening again.”
It’s been a sharp fall from grace for the French crown jewel Atos as its valuation is down nearly 98% since 2017.
“Where properly managed, the benefits to employers are significant," one legal expert told Fortune.
Shell CEO Wael Sawan has made comments since last year about revisiting its home listing in 2025, if it's the only way to prop up valuations.
“A EU with 32 or 35 members cannot work with the rules crafted for a smaller union,” Scholz said.
Boeing's woes have drawn attention to the opportunities for contenders like COMAC. But it won't be easy to break what Airbus and Boeing have built.
The potential for tech to allow for establishments to be open on Sundays without human labor "should be exploited," one expert told Fortune.
The 26-year-old Francois Louis Nicolas Pinault, who is Kering CEO Francois-Henri's son, works as a “product marketing manager,” according to...
“It's nice to see friends we haven't seen for a long time,” Carrefour executive director Alexandre de Palmas said in a post on X as he held a...
Rapid revenue growth, U.S. popularity and investor interest have influenced Tony's Chocolonely's traction.
“In the story of humanity, energy transition to something which is net zero never happens through the supply,” Schneider's Jean-Pascal Tricoire...
Tony’s Chocolonely has set itself apart with tongue-in-cheek marketing stunts. But it still shares some of the same pains as other chocolatiers.
The deal, if finalized, could mean that Liberty controls two of the world's premier motorsports.
Since Ermotti boomerang-ed back to UBS last year, the bank’s shares have surged 60%.
The new pledge to CMA could mean limiting the use of terms like “eco” and “sustainable” when referring to fabrics.
NatWest's Thwaite, who's been CEO for under two months, thinks the bank's goal to simplify things should start at the top.
Fisker Inc. has had many bumps in the road since its launch in 2016. It's now at a precarious position unlike ever before—was it long coming?
The EU bill could've been one of its most significant environment policies. But now, its future hangs in the balance as member nations withdraw...
Legoland, London Eye and Madame Tussaudes operator says dynamic pricing could help "avoid overcrowding" and offer more flexibility.
Adidaswas "informed by the DFB" just when it announced the news Thursday.
It'll cost to have a sweet tooth this Easter. Which? analysis points to a 12.6% chocolate inflation at U.K. supermarkets compared to last year.
"BEVs – along with our models in the upper premium and luxury segment – are already our biggest growth drivers,” BMW CEO Oliver Zipse said.
Revenue for Gucci, which accounts for half of Kering's annual sales, could drop 20% year-over-year in the first quarter, Kering warned.
The new scheme, first mentioned by Prime Minister Gabriel Attal, comes as the French have increasingly been favoring a shorter work week.
The layoffs and separation of its ice cream unit will "help create a simpler, more focused, and higher performing Unilever,” the company said.
The person behind hundreds of false charge-settlement filings reflected on the U.K.'s Companies House site is an ordained "Dudeist" priest.
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