Even though Wereldhave Belgium recorded strong results during the first six months of the year, the property lessor is lowering its profit forecast for the entire year. After all, the retail industry is not out of the woods yet.
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French spirits group Rémy Cointreau has made an excellent start to the fiscal year, benefiting from the reopening of cafés and restaurants.
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Dutch supermarket chain Jumbo has grown strongly over the past six months, and is on track to achieve an annual turnover exceeding ten billion euros for the first time in its 100-year history.
Even though some corona restrictions are still in place, luxury label Burberry's sales are back to pre-pandemic levels.
The German Schwarz Group, which includes Lidl and Kaufland, had a healthy 2020. Its turnover rose by 10 per cent to 125.3 billion euros.
It has been an eventful first half-year for Just Eat Takeaway: the meal delivery company received 61 per cent more orders in the last six months, merged with the US company Grubhub and nevertheless posted record-breaking losses.
Hugo Boss was able to double its quarterly turnover as shoppers return to stores in droves now that corona measures are easing just about everywhere. The fashion retailer sees its sales climb to almost the level of 2019.
Coolblue’s Belgian turnover grows faster than its group turnover, thanks to the opening of new stores and the roll-out to the French-speaking part of the country. The retailer belongs to the winners of the corona crisis.
Food multinational PepsiCo has published quarterly results that exceeded all expectations: as restaurants reopen, demand for soft drinks is rising sharply. At the same time, the company is seeing costs for ingredients, transport and labour rise.
The corona crisis has left clothing chain WE Fashion with a heavy hangover. The retailer has suffered a severe loss last year.
Levi's performed well above expectations in the second quarter, helped by a pick-up in demand for jeans in new styles. The fashion manufacturer expects to return to pre-pandemic levels as early as the third quarter.
The corona crisis gave the DIY sector a boost, which is also reflected in the annual results of Maxeda, parent company of retail chains Brico and Praxis: sales and profits increased significantly.
In the third quarter of its broken financial year, Primark almost tripled its sales. The Irish cut-price fashion chain is therefore raising its profit forecast for the entire year.
Although sales are almost back at 2019 levels, H&M plans to downsize its store network by 250 units this year. The fashion chain announced this alongside its half-year results.
Backed by an excellent final quarter, Nike closed its financial year with a substantial bonus. The sportswear group is getting more and more revenue from direct sales to consumers.
At most, the Covid pandemic has slowed down the growth of Rituals, according to the annual report of the Dutch cosmetics chain. The net profit was even higher than a year ago.