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Store closures could hit Joules revenue by up to GBP18m

2021-01-07 12:11:00| Daily apparel & textile news and comment - from just-style.com

British clothing brand Joules has warned it is expecting a revenue hit of between GBP14m and GBP18m (US$19-24m) as a result of store closures in line with current UK government guidelines, should it remain unable to reopen before 1 April.

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Canadas Oil Sands Hit Record High Production

2021-01-07 11:35:00| OGI

Canada's oil sands production hit a record high in November, according to the latest regulatory data, and will likely continue to rise as producers ramp up output.

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Upstream Deals Hit Historic Lows Despite Late 2020 Merger Mania

2021-01-06 19:30:00| OGI

While big corporate deals lifted M&A value to $52 billion, upstream oil and gas deal flow for 2020, as measured by Enverus, fell to historic lows.

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UK retail job losses predicted to hit 200k in 2021

2021-01-06 12:24:00| Daily apparel & textile news and comment - from just-style.com

New data predicts that around 200,000 UK retail jobs could be lost this year, with the first half of 2021 looking much the same as 2020.

Tags: job hit retail losses

 

Which Cognac brand owners are in line for a hit as new US tariffs loom? - analysis

2021-01-05 14:49:00| Daily beverage news and comment - from just-drinks.com

Hopes that 2021 will see a lessening of the tariff turmoil of the past two years in alcohol were dashed last week when US trade authorities announced new levies on European Union imports.

Tags: us new line analysis

 

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