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Adidas predicts profit rebound after pandemic struggles
German sports giant Adidas said on Thursday it expects to bounce back to profitability in the third quarter after it plunged to a big loss in the second quarter when most of its stores were closed due to lockdowns.
Fashion
Retail
Eurozone retail sales back to pre-crisis levels, fashion up but e-tail slips back
Retail sales volumes in the eurozone rebounded in June to levels seen in February before lockdowns, official estimates showed on Wednesday, completing a recovery that began in May after record drops in March and April.
Fashion
Retail
Amazon starts preparations to launch in Sweden
Amazon.com Inc has started preparations to launch in Sweden, marking its first step to establish a local presence in a Nordic country.
Fashion
Retail
Chico's FAS Canada files for bankruptcy, to close stores
Chico’s FAS Canada, a subsidiary of US women's clothing and accessories retailer Chico’s FAS, has filed for bankruptcy in Ontario, saying it plans to permanently close all 10 of its stores in the country.
Fashion
Retail
