Mar 16, 2020 — 4:17pm
The Swedish company, which has presented its quarterly results today, has closed its stores in thirteen countries and is already anticipating an impact on its sales for the month of March.
Mar 16, 2020 — 4:02pm
The Swedish fashion retailer has reduced its sales in China by 24% in the period, which coincides with the surfacing and first weeks of the Covid-19 outbreak.
Mar 13, 2020 — 4:50pm
Aeffe has ended the 2019 financial year with losses of 12.3 million euros, while it has registered a revenue of 351 million euros. The group has not yet quantified the impact the coronavirus may have on their business.
Mar 13, 2020 — 4:13pm
The Italian company has reached sales of 916 million euros and shrank its profit to 46.3 million euros. Looking ahead to 2020, the group will review its strategy due to the potential impact of the coronavirus crisis.
All economic news of the key fashion companies worldwide.