The group will distribute 32 million euros among the workforce in its Extraordinary Profit-Sharing Plan. As of 2019, the incentive will be tied to sales growth.

The Italian group registered a profit valued in 47.1 million euros during the last fiscal year, while its sales stood at 940.9 million euros.

The Gross Domestic Product (GDP) of the country registered in the fourth quarter of 2018 a fall of 2.4% compared to the previous quarter, falling into technical recession for the first time since 2009.

The German Government maintains that the country will grow by two tenths below the 1% announced at the end of January by Peter Altmaier, the German Federal Minister for Economic Affairs and Energy.

The United States company revealed today that it will offer between 14 and 16 dollars per share, giving the company a value of up to 6.17 billion dollars.

The owner of Sports Direct wants to take control of the department store company, of which already has 30% of the shares. The new loan will help the company underpin its restructuring plan.

The company will present next Wednesday the results of fiscal year 2018, the first after completing the restructuring of its network of stores and in full transformation into becoming online operator.

The main shareholder of the British distribution group announced its intention to leave the position of the chain of stores to relaunch the department stores operator, owned in 30%.

The German company closed the year with a revenue of 2.79 billion euros, boosted by sales in its online platform, which exceeded one 100 million euros.

The company, owned by PVH Corporation, began its transformation after the exit of its creative director last December

The expert in retail at the US consultancy claims that innovation not always has to do with integrating technology in the store.