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Read the latest headlines about developments in the international retail and consumer industry in Vienna and Austria
Vienna International Retail and Consumer Industry News
Winter Tourism: Austria is Favorite for Dutch
Dutch people appreciate Austria as winter tourism location. According to a survey, Austria is ranked on number one.
November 5, 2011
Palmers Seeks to Attract Investors
The Austrian clothing company expects sales of the current financial year to come in at approximately € 110m.
November 4, 2011
bwin.party to Enter USA
The British-Austrian gambling company has now found a partner in ordert o provide its gambling services in the U.S.
November 2, 2011
Benko to Acquire Kaufhof
The Austrian real estate investor René Benko plans to purchase the retail trade chain Kaufhof from the German Metro group.
November 2, 2011
Strikes at Post Possible
For the trade union, the staff policy of Austrian Post´s management is “not acceptable”. A deadline for CEO Pölzl is fixed by the trade union.
October 25, 2011
Growth in U.S. Winter Sports Market as a Chance
Against 2010, the U.S. winter sports market shows a rise in sales of 12%. The Austrian winter sports industry regards this as chance.
October 25, 2011
Tourism: Moderate Increase in Guest Nights
The current summer season 2011 brought a rise in overnights by 2.2% for the Austrian tourism industry between May and September.
October 25, 2011
Palmers to be Sold
The owner of the Austrian clothing company are looking for potential buyers. The French subsidiary Lejaby however, is not for sale.
October 25, 2011
Subway to Restart in Austria
The U.S. fast food chain aims to return to Austria. In 2005, Subway had to leave, which was due to the insolvency of a franchising partner.
October 24, 2011
Austrian Post Buys Stake in Romanian PostMaster
The deal includes an option for Austrian Post to become sole shareholder of the leading alternative postal service provider in Romania.
October 20, 2011
Online Shopping is Booming in Austria
45% of the Austrian population already practiced online shopping. The share of enterprises using mobile broadband connections rose significantly against 2010.
October 18, 2011
Do & Co Expands in Ukraine
The Turkish-Austrian catering company provides its services also in Ukraine. Here, CEO Attila Dogudan expects further growth opportunities.
October 18, 2011
Casinos Austria to Enter Vietnam
The Austrian gambling company will operate a casino in a luxury hotel in the Vietnamese capital Hanoi. Further expansions are planned.
October 17, 2011
Ikea Austria Reaches Over € 600m in Sales
The Swedish furniture corporation raised its market share in Austria to 13.9%. Sales grew by 1.6% up to € 604.2m.
October 15, 2011
Mars Austria Invests EUR 33 million
The candy and pet food producer Mars Austria is investing EUR 33 million in its existing plant located in Lower Austria.
October 13, 2011
Skoda’s Domination in Poland
According to research conducted by Samar, Skoda has been the unquestionable leader of the Polish car market during last 30 months.
October 11, 2011
Gloom Over Clothing Industry in Poland
In the first half of this year over 13 thousand of clothing shops disappeared from the Polish market.
October 11, 2011
Austrian Food Exports are Booming
About 66% of the domestic food production is being exported. Germany remains the most important foreign market.
October 10, 2011
Kneissl Acquired by “Friends of Sports”
The bankrupt Tyrolean ski producer is taken over by a German holding company. The brand name will be retained; the Kufstein production site will be expanded.
October 6, 2011
Trade Chain Adeg to Achieve Turnaround in 2012
The Austrian subsidiary chain of the German Rewe group still faces losses. By 2012, Adeg should leave the red zone.
October 5, 2011
Rising Turnover in Austrian Retail Trade
Stimulation of trade in August 2011 - turnover in Austrian retail trade increased by 4.0%.
October 3, 2011
Stagnation in Food Retail Sector
Total revenue of the sector grew by only 1.9% in 2010. The market is ruled by retail chains which own 98% of total selling space.
September 28, 2011
Red Bull Intends to Enter China
The Austrian energy drink producer has concluded the technical test phase. The market entry into China is now within splitting distance.
September 27, 2011
Rising Turnover in Austrian Advertising Market
After the turbulences in 2009, the domestic advertising market could continue its positive trend from 2010. Within the first eight months, turnover grew by 7.9%.
September 27, 2011
Strong Order Intake for Head
The Dutch and Vienna-listed sports article manufacturer Head records rising sales. Expectations for 2012/2013 are stable.
September 26, 2011
World Tourism Day 2011: Guests from 50 Countries Visit Austria
According to statistics Austria, the diversification of the guest´s nationalities further increased. Culture-oriented travels become increasingly important.
September 26, 2011
Rise in Turnover for Verkehrsbüro
The Austrian travel agency group records a rise in turnover up to € 850m.
September 26, 2011
Kneissl to Be Taken Over by Foreign Investor
Negotiations about the sale of the bankrupt Tyrolean ski producer are about to be concluded. Three investors from Europe and overseas are still interested in an acquisition.
September 23, 2011
Summer Season 2011: New Record of Arrivals
The number of nights spent in Austria increased by 2.1% in the period from May to August. Arrivals went up by 4.3%.
September 23, 2011
Ringana Cosmetics Expands
The Austrian cosmetics manufacturer already has to raise its production capacities in order to meet rising international demand.
September 20, 2011
New Subsidiary of Novomatic Applied for Licenses
In a reaction to the amendment of the Austrian gaming law Novomatic has created a new company as an exclusive operating unit for the Austrian gaming market.
September 16, 2011
Wolford Increased Sales and Earnings
In the first three months of the current fiscal year, the Austrian luxury clothing company continued on the growth path prevailing in the prior year.
September 16, 2011
Semper Constantia Invest Becomes Core Shareholder of German Praktiker
The Austrian investment company has increased its stake to become the second largest shareholder in the ailing German do-it-yourself store chain.
September 15, 2011
Novomatic Abandons IPO Plans
The Austrian gaming machine manufacturer is considering placing a bond in order to raise capital for global growth.
September 8, 2011
Gambling: From Machines to Internet
The tendency in the Austrian gambling industry is clear: consumers move from gambling automats to online-gambling suppliers.
September 6, 2011
Austrian Tourism Industry Satisfied
In spite of a rainy July, the domestic hotel industry is quite satisfied with the summer season 2011. This is mainly due to the summerly August.
September 6, 2011
Agrana Raises Sugar Price Drastically
The Austrian sugar and starch company confirmed that the sugar price will rise significantly by the beginning of October. This is due to the “world market price”, the company stated.
September 6, 2011
Cineplexx Grows Further in SEE Region
The Austrian cinema group takes over two major cinemas in Serbia and Montenegro. Thus, Cineplexx already runs five cinemas in former Yugoslavia.
September 5, 2011
Manner: Results Burdened by High Commodity Prices
The Austrian candy manufacturer posted a loss of € 2m in the first six months of the year. Revenue increased by almost 11%.
August 31, 2011
bwin.party in the Red
The Austro-British gambling group reported a loss before tax of € 35.7m for the first half of the year. Total revenue dropped by 3% to € 398m.
August 31, 2011
Novomatic Continues on Growth Course
The Austrian gaming machine manufacturer achieved a plus in revenue of 17% in the first half of the year. EBIT remained stable at € 108.6m.
August 30, 2011
Kneissl: Decision about Sale to Be Taken in September
Four international investors are interested in taking over the insolvent Austrian ski manufacturer. A purchase price of € 4m is expected.
August 29, 2011
Frank Stronach to Apply for Casino Licenses
The Austro-Canadian founder of Magna and the German Gauselmann Group establish a company with the goal of entering the Austrian gambling market.
August 26, 2011
Tourism: New Record in Arrivals
First half of tourism summer season 2011: Rise in overnights by 1.7%, arrivals peaked at 9.19 million.
August 25, 2011
Austrian paysafecard Group Acquires Dutch Competitor Wallie
The Austrian provider of prepaid payment methods expands its international market leadership. The company now operates in 28 countries.
August 24, 2011
Gaming Provider bet-at-home in the Black Again
The online gaming provider, which has recently applied for the Austrian lottery license, achieved a profit in the first six months of the year.
August 22, 2011
New Record for Tourism in Vienna
The Austrian capital registered a plus in overnights of 1.8% in July 2011. Hotel revenue grew by 13.7% in the first half of the year.
August 19, 2011
Austrian Post: Rise in Revenue and Earnings
Declining letter mail volumes were offset by growth in the parcel business. Total revenue increased by 2.9%, EBIT rose 9.1% to € 81.3m.
August 19, 2011
Do & Co: Substantial Increase in Sales and Earnings
The Austrian catering company recorded a successful start in FY 2011/12. Sales were up 14.5%, EBIT improved to € 6.79m.
August 18, 2011
Head’s Net Loss Widens
The Dutch sporting goods manufacturer listed at the Vienna Stock Exchange incurred a loss of almost € 13m in the first half of 2011.
August 11, 2011
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