Exki has to do with 40% less turnover as a result of the pandemic. Due to the lack of international tourism and the absence of many commuters, some branches of the chain remain temporarily closed.
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As a result of changing consumer behaviour during the health crisis, Tesco increased its turnover by 6.6% and its gross profit by 4% in the six months through August. Yet the supermarket group also faces criticism.
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Levi's performed better than expected in the previous quarter. This encourages the jeans brand to focus more on its own shops and e-commerce: plans to open new stores are in the making.
Ikea announced retail sales of 35.2 billion euros in the financial year to September. That is 1.5 billion less than a year earlier, despite online growth of 60%. Nevertheless, this is a strong performance according to the furniture chain.
PepsiCo exceeded expectations with quarterly growth of 5.3%. Thanks to the brand manufacturer's snacks and crisps, which are doing remarkably well in times of corona.
Mondelez International assumes a "normal year", with profit and turnover growth as usual. Nevertheless, the corona pandemic has a lasting impact on how people snack, predicts CEO Dirk Van de Put.
Esprit looks back on a tumultuous year: while turnover fell by almost a quarter, losses doubled. The corona crisis came on top of far-reaching restructurings and a transformation plan that has been dragging on for years.
Despite higher costs due the coronary pandemic, Colruyt Group expects to make at least as much profit this financial year as last year. This was stated by the retailer at its General Meeting.
Digital is the New Normal for Nike. Between June and August, online sales increased 82%, offsetting the continuing decline in physical sales. The trainer brand also saw its profit rise slightly.
Despite the major impact of the corona pandemic, Inditex returned to profitability in the second quarter. Online growth is particularly strong and the retailer is taking further steps in its digital transformation.
H&M continued to lose revenue this summer: in the quarter to the end of August, the fast-fashion group sold 16% less than last year. On the positive side, the fashion giant returns to profitability.
JYSK achieved a record turnover of 4.1 billion euros in the past financial year 2019/2020. This represents a 7.6% growth, thanks to the corona crisis: people invested in their homes for their staycation.
In China, luxury consumption seems to have already overcome the coronavirus crisis: according to Prada, sales are once again reaching a level well above that of 2019.
Dutch cosmetics chain Rituals had hoped to reach a turnover of a billion euros this year, but Covid-19 decided otherwise. The new aim: avoid a turnover drop.
Belgian contacts webshop LensOnline has broken its record turnover last semester. Covid-19 has finally allowed e-commerce to break through to all parts of the population, the company says.
Belgian lingerie group Van de Velde has been hit hard by the Covid pandemic, and several stores in the United States will not open again. Still, the group sees hopeful signs and has therefore decided to pay out a dividend after all.