By Planet Retail2010-02-05T00:00:00+00:00
Pantaloon Retail reported INR500.7m (£6.8m) net profit for the second quarter ended December 2009, a 51.1% increase on the previous year.
Income from operations stood at INR19.13bn (£258.9m), a 25.4% jump.
JD Sports is pondering raising new equity to fund deals as the retail landscape is transformed by the Covid pandemic.
As Boohoo snaps up Debenhams, Retail Week takes a look at the pack of retailers taking advantage of the acquisition opportunities Covid has created to boost their business. Who are the sector’s new power players?
If proof were needed of the scale of change underway in retail, it came this week as pureplays Asos and Boohoo swooped on two of retail’s most venerable high street names.
With both Tesco and Superdry pulling out of international ventures on the same day, Retail Week asks whether UK retail is scaling back its global ambitions.
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.
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