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Asos in "better position" over peers to weather virus storm - What the analysts say

2020-04-08 14:01:00| Daily apparel & textile news and comment - from just-style.com

UK online fashion retailer Asos has posted a 653% jump in first-half profits to GBP30.1m (US$37.2m) and a 21% jump in revenues to GBP1.6bn for the six months ending 29 February. But the impact of coronavirus and the related containment actions that have been taken are starting to weigh on its numbers, with a 20-25% drop in sales over the last three weeks alone. The retailer has taken a series of steps to future-proof its business including a share sale and the appointment of a new chief strategy officer. 

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Asos posts "record" H1 profits but virus impact starting to weigh on sales

2020-04-08 12:47:00| Daily apparel & textile news and comment - from just-style.com

Asos has posted record first-half revenues and profits, but the impact of coronavirus on the most recent three weeks of trading has prompted the UK online fashion retailer to conduct a share sale to shore up its finances, from which it has raised GBP247m (US$306m).

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Detection of pseudorabies virus antibody in swine oral fluid

2020-04-07 17:15:00| National Hog Farmer

Differential approach for PRV detection used with serum samples could be adapted to oral fluid specimens for use in PRV control and elimination.

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Coronavirus: Cineworld directors waive salaries as virus impact hits

2020-04-07 12:58:23| BBC News | Business | UK Edition

The world's second largest cinema chain is in talks with lenders and film studios about the impact of coronavirus.

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Waitrose staff told to make up time off for virus

2020-04-06 20:40:25| BBC News | Business | UK Edition

The firm expects staff to recover time they take off for sick family members.

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