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Ericsson sees no impact on business yet from Covid-19

2020-03-31 16:27:00| Telecompaper Headlines

(Telecompaper) Ericsson has not seen any major impact on its business yet from the Covid-19 pandemic. CEO Boris Ekholm told shareholders at the company's annual meeting that the "top priority at the moment is the health and safety of our employees, customers, and other stakeholders. So far, we have not seen any material impact on our business, but we are closely following the developments in society."

Tags: business yet impact ericsson

 

Nichols parks 2020 guidance as COVID-19 prompts cost-cutting

2020-03-31 16:16:35| Daily beverage news and comment - from just-drinks.com

Vimto brand owner Nichols is the latest drinks company to abandon its forecasts for performance in 2020.

Tags: guidance parks prompts nichols

 
 

Zalando warns on "significantly lower" Q1 amid Covid-19

2020-03-31 16:14:00| Daily apparel & textile news and comment - from just-style.com

German fashion e-tailer Zalando expects its first-quarter results to be "significantly" below analysts' consensus earlier this month, which did not take into account the effects of the coronavirus.

Tags: lower significantly amid warns

 

U.S. pork trade remains strong amid COVID-19 market uncertainty

2020-03-31 15:21:00| National Hog Farmer

Retail meat sales in Asia continue to be robust and restaurants are utilizing either e-commerce or delivery to make sure product is still moving.

Tags: market strong trade remains

 

Purchasing practices need reform in light of Covid-19 impact

2020-03-31 15:20:00| Daily apparel & textile news and comment - from just-style.com

The fashion industry needs to re-think how it does business, in light of the impact of Covid-19, and purchasing practices must be reformed for social and environmental sustainability, a new academic paper has suggested.

Tags: light impact practices purchasing

 

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