Douglas closes 20% of its stores in Europe, 350 jobs threatened in France

Coronavirus: Douglas Closes 20% of its Stores in Europe, 350 Jobs Threatened in France

PERFUMERIES: The group operates under the Nocibé brand in France, where it plans to close 62 stores Nearly 20% of the stores of the German perfume group Douglas will close in Europe, the group announced Thursday. Affected by the fall in economic activity linked to the coronavirus epidemic, the brand wants to focus on online sales. “About 500 of […]

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Beginning of the winter sales in Paris, January 20, 2021

First Day of Sales: Little Traffic, but Traders Remain Hopeful

With this period of the winter sales, businesses are not counting on a miracle but still hope to end this winter season smoothly, shaken by the health crisis. Masks, a national curfew from 6 pm to 6 am … Will the public be there for the winter sales, which started on Wednesday 20th January 2021, despite the constraints? The […]

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A Rafale fighter jet during an air show at the Hindon Air Force Station on the outskirts of New Delhi, India, Oct. 8, 2020.

Greece Approves Purchase of 18 French-Made Rafale Fighter Planes Amid Tensions with Turkey

ECONOMY: Greece has approved the purchase of 18 French-made Rafale Aircraft costing over 2 billion euros Greek lawmakers in a vote on Thursday approved a defence procurement program to purchase 18 French-made Rafale fighter planes, part of an armaments plan announced by the government in September. Greece has earmarked 11.5 billion euros ($14 billion) for […]

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Jean Castex announces tougher measures to combat coronavirus in France

Coronavirus: National Curfew, Border Controls, Reinforced Protocol at School… The Main Government Announcements

HEALTH: The government announced this Thursday at a press conference new measures to limit the circulation of the coronavirus “Do everything to prevent the British variant from circulating in France”. Prime Minister Jean Castex, surrounded by six ministers announced this Thursday at a press conference new restrictive measures to try to slow the circulation of the coronavirus while the […]

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Airbus delivers 566 planes in 2020, a third less than in 2019

Airbus Delivers 566 Planes in 2020, A Third Less Than in 2019

ECONOMY: Impacted by the health crisis, the European aircraft manufacturer Airbus announces that it delivered 566 aircraft last year, far from its record of 863 aircraft in 2019 Despite the health crisis that slowed down its factories in March, the European aircraft manufacturer Airbus announced on Friday that it had delivered 566 aircraft, or 34% less than in 2019. A figure far from […]

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The President of the Republic has sent from the Elysee his traditional wishes to the French

Coronavirus, Vaccination, Brexit … What to Remember from Emmanuel Macron’s Wishes

NEW YEAR: The President of the Republic, Emmanuel Macron has sent from the Elysee his traditional wishes to the French on the occasion of “a December 31st unlike any other” After a year turned upside down by the epidemic, Emmanuel Macron presented his wishes to the French and his hopes for the year 2021. He first paid tribute […]

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Aldi will close some Leader Prices shops

Retail Restructuring: Aldi will Close 31 Leader Price Stores

RESTRUCTURING: According to the CGT, the management of the group has promised to reclassify the 240 employees concerned After the takeover, time for restructuring. The German distribution group Aldi has announced the closure of 31 stores under its Leader Price banner and has promised to reclassify their 240 employees, we learned from CGT Commerce on Tuesday . The management for its part indicated that […]

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Bitcoin exceeds 20.000 Dollars for the first time

Bitcoin Exceeds $ 20,000 for the First Time

VIRTUAL CURRENCY: The most famous cryptocurrency, Bitcoin broke its record this Wednesday Bitcoin, the first cryptocurrency decentralized, exceeded the $ 20,000 threshold for the first time in its history Wednesday, taking advantage of an appetite for risk markets that has almost tripled its value in a year. At around 3:20 p.m. PST, bitcoin cost $ 20,612.40 and saw its value […]

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Beverage wholesalers have lost 90 percent of revenues due to confinement measures

Confinement: With Bars and Restaurants Closed, Beverage Wholesalers “Have Lost More than 90% of their Turnover”

Beverage wholesalers in Hauts-de-France have lost “at least 90% of their customers” with the closure of restaurants and bars Beverage distributors are hit hard by the economic crisis linked to the Covid-19 pandemic with the closure of bars and restaurants. As beverage distributors are still working a little by delivering certain customers such as communities, […]

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The headquarters of Société Générale in La Défense.

Bank: Société Générale Merges with Crédit du Nord, 600 Branches Closed by 2025

RESTRUCTURING: The Société Générale bank group assures this Monday that there will be no forced departures With the economic crisis resulting from the coronavirus pandemic, the French banking landscape is restructuring. The banking group Société Générale formalised on Monday the plan to merge its two retail networks in France Societe Generale and Crédit du Nord. This project will involve the closure of […]

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