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Shopping centre owner Intu braces for administration

2020-06-23 09:56:40| BBC News | Business | UK Edition

Owner of Trafford Centre and Lakeside shopping centres appoints administrators KPMG as "contingency".

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Ralph Lauren braces for "significant" covid knock in fiscal 2021

2020-05-28 13:37:00| Daily apparel & textile news and comment - from just-style.com

Ralph Lauren expects both its first quarter of fiscal 2021 and full-year results for the period to be "significantly" negatively impacted by the Covid-19 pandemic amid a 15% drop in sales for the final quarter of fiscal 2020. 

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US Shale Industry Braces for Wave of Bankruptcies

2020-05-26 15:00:00| OGI

Seventeen oil and gas producers in the U.S. have filed for Chapter 11 so far this year but many more are close.

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H&M Q1 profit soars but braces for Covid-19 fallout

2020-04-03 13:22:00| Daily apparel & textile news and comment - from just-style.com

Profit at H&M has more than doubled in the first quarter - but the Swedish fashion retailer is bracing itself for the months ahead, with the global Covid-19 pandemic behind a 46% slump in net sales during March.

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Pernod Ricard braces for coronavirus hit as China on-premise shuts down

2020-02-17 14:50:00| Daily beverage news and comment - from just-drinks.com

Pernod Ricard has said it expects the coronavirus outbreak to shave 2% off the group's overall year-end sales as on-premise outlets in the worst-hit areas will stay closed until the end of June.

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