GDANSK (Reuters) - HelloFresh needs to cut costs and stem an exodus of meal-kit subscribers to boost profits and revive its share price, according to investors and analysts, who remain to be convinced by a plan to expand its fledging ready-meals arm. The German meal-kits maker shocked markets on Friday with its second profit warning in five months, citing higher...

HERZOGENAURACH, GERMANY (Reuters) -German sportswear giant Adidas said on Wednesday it expects a decline in its sales in North America this year, blaming a still-overstocked market there, as the company continues to sell off the sneakers from its axed Yeezy line. Currency-neutral sales in North America are expected to decline at a mid-single-digit rate in 2024, with growth forecast in...

PARIS (Reuters) - BNP Paribas, France's largest bank, on Wednesday confirmed its profitability targets and dividend payouts for the coming three years. The bank's net profit this year will be higher than in 2023 and it added that its return on tangible equity, a measure of profitability, will be within the range of 11.5% and 12% in 2025 and will...

(Corrects headline to show profit rose, not rose/fell) MADRID (Reuters) - Zara owner Inditex said on Wednesday its net income for 2023 rose to 5.4 billion euros as the fast-fashion giant bet on upmarket shoppers and offered more competitive prices than rivals such as H&M. The company's profit for the fiscal year ending in January was in line with analyst...