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Adidas warns of $1bn coronavirus sales hit in China

2020-03-11 11:20:00| Daily apparel & textile news and comment - from just-style.com

German sportswear giant Adidas is expecting sales to drop by up to EUR1bn (US$1.13bn) in Greater China in the first quarter, due to coronavirus, with a negative impact also now being felt in Japan and South Korea.

Tags: sales china hit adidas

 

Steer clear of share offer, warns Molson Coors Beverage Co

2020-03-09 15:45:00| Daily beverage news and comment - from just-drinks.com

Molson Coors Beverage Co has warned shareholders against engaging in a so-called 'mini-tender' offer launched by a Canadian investment group last month.

Tags: share offer clear beverage

 
 

Coronavirus: Mark Carney warns of 'large' short-term economic shock

2020-03-03 12:41:20| BBC News | Business | UK Edition

But the Bank of England governor says the virus's impact on growth will "ultimately be temporary".

Tags: large mark economic shock

 

British Airways owner IAG warns of coronavirus hit

2020-02-28 08:51:24| BBC News | Business | UK Edition

IAG says it is not possible to say exactly how much the effects of the virus will hit 2020 profits.

Tags: hit owner british airways

 

Microsoft warns for weaker quarterly sales for Windows OEM, Surface due to coronavirus

2020-02-27 08:35:00| Telecompaper Headlines

(Telecompaper) Microsoft said it does not expect to meet its revenue guidance for its 'More Personal Computing' division this quarter due to the impact of the coronavirus outbreak. The company said Windows OEM and Surface sales have been more impacted than expected. 

Tags: to due sales windows

 

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