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Inditex swings to Q1 loss as pandemic hits sales

2020-06-10 12:39:00| Daily apparel & textile news and comment - from just-style.com

Inditex, the owner of the Zara and Bershka brands, has booked a EUR409m loss against a EUR734m profit for the same period last year, blaming the impact of the coronavirus pandemic.

Tags: sales loss hits swings


Debenhams to close more stores with the loss of 300 jobs

2020-06-09 16:18:04| BBC News | Business | UK Edition

The retailer will not re-open another three outlets after failing to agree new terms with landlord Intu.

Tags: close jobs stores loss


G-III Apparel to restructure retail segment amid Q1 loss

2020-06-05 14:43:00| Daily apparel & textile news and comment - from just-style.com

Branded apparel and accessories maker G-III Apparel Group is to close all of its Wilsons Leather and GH Bass stores as it restructures its retail operations to try to reduce losses and position the segment as a profitable contributor to the business.

Tags: loss retail segment amid


Retailer Gap posts near-$1bn loss due to coronavirus

2020-06-05 04:24:42| BBC News | Business | UK Edition

Stores around the world have been forced to shut their doors due to the virus pandemic.

Tags: due posts loss gap


Nissan shuts Barcelona plant with the loss of 2,800 jobs

2020-05-28 11:42:13| BBC News | Business | UK Edition

Almost 3,000 jobs will be lost in Spain, but Nissan said its UK production site will stay open.

Tags: jobs loss plant barcelona


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