By Planet Retail2011-01-06T00:00:00+00:00
Home improvement retailer DCM Holdings reported a 2% fall in revenues to ¥320.8bn (£2.5bn) in the nine months ending November 30, 2010. Operating profit was up by 3.8% to ¥11.8bn (£93m), while net profit was up by almost a quarter to ¥6.5bn (£51m).
Clothing retailer Gap has reported losses of nearly $1bn due to store closures in the US and internationally during the coronavirus pandemic.
Barcelona-based fashion and fragrance company Puig has snapped up Charlotte Tilbury in a deal that could have valued the company at up to £1bn.
As the UK prepares to reopen ‘non-essential’ stores on June 15, we look at some of the innovative measures being deployed by retailers that are already back in business across the globe.
The coronavirus crisis will wipe $2.1trn (£1.7trn) off of global retail sales in 2020, new data has predicted.
The coronavirus outbreak has sparked fears and headlines worldwide since emerging in the Chinese city of Wuhan at the start of the year.
Several retailers have pledged money to the appeal to support those fighting the devastating bushfires in Australia.
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