Fashion
Primark has issued a new turnover warning as two-thirds of all stores are closed due to stricter Covid-19 measures in the UK. The retailer fears the restrictions will knock more than 200 million pounds off sales.
» Read more
German fashion webshop Zalando has lowered its first-quarter forecast, as its sales have dropped significantly due to the measures implemented in many European countries in the fight against the coronavirus.
General
The Dutch-British FMCG giant Unilever has issued a sales warning due to difficult market conditions in South Asia and West Africa, which are set to continue.
Under Armour, the rising star in the sporting equipment's manufacturing world, has altered its full-year forecast after one of its major customers, store chain Sports Authority, went bankrupt.