Covid-19

JD.com Q4 revenues up 31%

Chinese online retailer JD.com reported a 31% increase in revenues during the fourth quarter of the year to RMB224.3bn (£24.7bn).…

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Burberry upgrades Q4 guidance

Burberry has announced that ahead of its trading update, the group anticipates its fourth quarter results to be “better than…

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UK GDP shrinks 2.9% amid January lockdown

Monthly GDP fell by 2.9% in January as a national lockdown proved to impact economic activity, new data from the…

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Morrisons remains ‘confident’ despite 62% fall in profits

Morrisons has said it expects to see profits recover this financial year, after it experienced a 62% decrease in pre-tax…

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Mango 2020 in-store turnover falls 43%

Fashion, footwear, and accessories retailer Mango has announced turnover for FY20 of £1.58bn, as the performance of its in-store and…

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Inditex profits fall to €1.1bn despite strong online sales

Inditex, the parent company of fashion retailers Zara and Massimo Dutti, has revealed a fall in profits to €1.1bn (£940m)…

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Adidas reports strong finish to 2020 but warns of Reebok sales hit

Adidas has reported a “strong finish” to 2020, however warned that its profits may be impacted by its decision to…

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Pandora posts 12% organic growth in February

Luxury jewellery retailer Pandora has reported a year-on-year organic growth of 12% for February 2021.  The month also represented a…

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