Marks & Spencer has now completed steps to secure liquidity for the duration of the COVID crisis.…
Esprit to close 56 stores in Asia
Esprit Holdings Limited presented the unaudited FY19/20 third quarter update of the company and its subsidiaries for the nine months ended 31 March 2020.…
Adidas announces 2020 first quarter financial report
Adidas revealed its first quarter revenue down by 19%, as Coronavirus causes standstill of majority of adidas’ business after good start to 2020.…
Unilever announces 2020 first quarter results
Unilever announced its results for the first quarter of 2020, which show flat underlying sales with developed markets growing 2.8% whilst emerging markets declined 1.8%.…
Nestle announces 2020 first quarter financial report
Swiss food giant Nestle reported an overall growth of 4.7%, in the first three months of 2020.…
Hermès announces 2020 first quarter financial report
French luxury retailer Hermès reported its consolidated revenue amounted to €1,506 million in the first quarter 2020.…
Sycamore attempts to back out of Victoria’s Secret’s deal
L Brands, Inc. announced that Sycamore Partners delivered a notice on 22nd April to terminate the agreement to acquire Victoria’s Secret.…
Crocs announces 2020 first quarter financial report
Crocs, Inc., a world leader in innovative casual footwear for men, women, and children, announced its first quarter 2020 financial results.…
Inter Parfums reports 2020 first quarter sales
Inter Parfums, Inc. reported that for the three months ended 31st March, 2020, net sales declined 18.7% to $144.8 million from $178.2 million in the first quarter of 2019.…
Dufry announces cancellation of 2020 dividend payment
The world’s duty free retailer Dufry announced a set of initiatives to strengthen its capital structure and liquidity position. …