Burberry hit by Covid-19 disruption but encouraged by recent Asia trading
Burberry hit by Covid-19 disruption but encouraged by recent Asia trading
Burberry on Friday said it is encouraged by a “strong rebound” in parts of Asia where lockdowns have eased, as it outlined how UK shops will look in future.
Evening Standard
Evening Standard
UK government borrowing hits record high in April and retail sales slump - as it happened
UK government borrowing hits record high in April and retail sales slump - as it happened
UK public borrowing soars to £62bn in a single month and retail sales slump by 18%Latest: Marston’s and Carlsberg merge brewing opsOBR says borrowing is ‘initial taste’UK borrowed £62bn last month to fight Covid-19 crisisCoronavirus – latest updatesSee all our coronavirus coverage
The Guardian - UK
The Guardian - UK
Non-vegetarian food consumption dips,, kiranas drag FMCG growth in April: Nielsen
Non-vegetarian food consumption dips,, kiranas drag FMCG growth in April: Nielsen
Demand for meat dipped because of channel and supply chain constraints and shoppers’ lower purchase intent
Livemint
Livemint
'What’s the point?': Paris fashion faces up to life after lockdown
Socially distanced shopping proves a hard sell in the French capital with few places open to show off
The Guardian - UK
The Guardian - UK
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JD.com Goes All Out For Market Share, But Margins May Shrink
The Chinese e-commerce giant became a go-to place for many people to buy groceries online during coronavirus-induced lockdowns thanks to reliable deliveries arranged by its in-house logistics unit.
Forbes
Forbes
Hong Kong Property Giant Beats Out Rivals To Grab Low-Priced Land Amid COVID-19 Downturn
CK Asset Holdings, the property arm of Li Ka-shing’s empire, was awarded a land plot in Kowloon for the bargain price of HK$4.95 billion ($639 million).
Forbes
Forbes