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Primark's dominance threatened by Covid-19

2020-04-21 15:47:00| Daily apparel & textile news and comment - from just-style.com

Value fashion retailer Primark has reported revenue of GBP3.7bn (US$4.5bn) for the first half, representing a 3.9% uptick in constant currency and a 2.2% rise at actual exchange rates. But the Covid-19 outbreak is set to drastically impact its performance for the rest of the financial year - and is likely to give Primark reason to rethink its bricks-and-mortar only strategy for the future.

Tags: threatened dominance covid19

Insight: Oil Supply Threatened By Military Escalation Risk In Mideast

2020-01-07 00:00:00| OGI

What was originally a proxy war between Washington and Tehran has dangerously become a direct confrontation that is raising concerns about Middle East oil flows.

Tags: supply risk oil military

DeVos is threatened with contempt in student-debt case

2019-10-08 20:21:00| American School & University

A federal magistrate says U.S. Education Secretary Betsy DeVos has violated a court order to stop collecting loan debts from students who attended the now bankrupt Corinthian Colleges

Tags: case threatened contempt devos

Global economic growth threatened by trade tension

2019-06-19 18:42:00| Daily apparel & textile news and comment - from just-style.com

Global economic growth is at its slowest pace in three years according to a new report from the World Bank - with any momentum both fragile and subject to substantial risks including escalation of trade disputes between the larger economies.

Tags: global trade growth economic