U.S. online retailer Amazon.com will open its fifth logistics center in Poland this year, it said on Monday, seeking to benefit from the country's relatively low wages and proximity to the large German market.
Property giant Hammerson had it tough in 2016 as the slowdown in footfall to locations such as the retail parks and malls in which it specialises ate into its profits. It took a hit as its portfolio was valued downwards.
Christos Angelides has been named CEO at Reiss, confounding expectations that he would take the top clothing role at M&S. His new role at Reiss is part of a “planned succession process” and looks like a good fit.