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Tag: amid
Zalando foresees Q1 adjusted EBIT loss amid virus
2020-04-16 12:00:00| Daily apparel & textile news and comment - from just-style.com
German fashion e-tailer Zalando expects to report an adjusted loss before interest and tax of up to EUR110m (US$95.9m) for the first quarter on the back of lower sales growth and an exceptional inventory write-down.
Tags: loss
virus
adjusted
amid
Online clothing sales plunge amid UK lockdown
2020-04-15 13:48:00| Daily apparel & textile news and comment - from just-style.com
The government imposed lockdown in the UK has sent online clothes spiralling, according to research from the IMRG Capgemini Online Retail Index.
Tags: online
sales
clothing
amid
US pig farmers face $5 billion losses and oversupply issues amid COVID-19 pandemic
2020-04-15 13:30:00| ThePigSite - Industry News
At a press briefing (14 April), the National Pork Producers Council (NPPC) outlined the crisis as described by producers and the immediate relief they are requesting from the administration and Congress.
Tags: issues
face
billion
losses
Peru scrambles to save 140,000 textile jobs amid virus fallout
2020-04-14 20:05:00| Daily apparel & textile news and comment - from just-style.com
Peru's textile and apparel industry is scrambling to save hundreds of thousands of jobs as the coronavirus lockdown, newly extended until 26 April, wreaks havoc in the industry.
New Multifamily Projects Struggle to Land Tenants Amid Frozen Economy
2020-04-14 18:25:00| National Real Estate Investor
The question for developers now is how many of those units will actually come online and how quickly new units will be filled.
Tags: land
projects
economy
struggle
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