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Tag: after

Boohoo shares bounce back after pledge to improve factory conditions | Fashion

Shares in Boohoo Group rebounded more than 27% on Thursday after analysts and investors were reassured by the online fashion specialist’s plan to clean up its supply chain. The company recovered nearly £770m in value after Boohoo’s City broker held a call with major investors in the UK and US on Wednesday night, after the …

Boohoo shares bounce back after pledge to improve factory conditions | FashionRead More

Boots to cut 4,000 jobs and close stores after dramatic fall in shopper numbers | Business

Boots is to cut 4,000 jobs – 7% of its workforce – as it closes 48 opticians outlets and sheds roles at its head office and stores. The company, which has 2,465 stores, said it was accelerating a restructuring plan after sales at its main Boots outlets dived 72% and sales at Boots Opticians dived …

Boots to cut 4,000 jobs and close stores after dramatic fall in shopper numbers | BusinessRead More

Boohoo must take fashion more seriously after factory scandal | Business

The fashion retailer Boohoo says on its website: “Our philosophy’s pretty simple: we don’t take life, or fashion, too seriously.” The company will be taking life and fashion much more seriously after its share price fell by a third over the first two days of the week and by another 15% on Wednesday morning. At …

Boohoo must take fashion more seriously after factory scandal | BusinessRead More

Tati, much-loved French retailer, shuts up shop in Paris after 70 years | World news

Tati, the much-loved cut-price clothing chain that has been a French retail institution for more than 70 years, is to close its original – and last – Paris store, after public transport strikes and the coronavirus crisis sent sales plunging by more than 60%. Founded by a Tunisian immigrant at the end of the second …

Tati, much-loved French retailer, shuts up shop in Paris after 70 years | World newsRead More

Boohoo shareholders demand answers after shares plunge by a third | Business

Shareholders in Boohoo are seeking answers from the company over conditions for workers supplying its garments after the online fashion specialist’s shares plunged more than £1.5bn in two days. The company has lost nearly a third of its value since Friday afternoon after Boohoo said on Monday it was investigating claims that staff at one …

Boohoo shareholders demand answers after shares plunge by a third | BusinessRead More

JD Sports warehouse in Rochdale hosts mobile Covid-19 lab after positive tests | Business

A mobile testing lab has been set up at JD Sports’ central warehouse in Rochdale after a small number of workers there tested positive for coronavirus. Rochdale borough council said it was investigating if there were any links between cases at the fashion retailer’s site which were identified through its local test-and-trace system after testing …

JD Sports warehouse in Rochdale hosts mobile Covid-19 lab after positive tests | BusinessRead More

Dismayed after govt decision to not allow cinemas to open under Unlock 2.0: Multiplex Operators

Cinema and multiplex operators have expressed dismay over the government’s decision to not allow screens to open in the second phase of unlocking and pointed out that an early decision in this may help mobilise resources in the film industry’s ecosystem. Cinemas are the backbone of the film industry accounting nearly 60 percent of the …

Dismayed after govt decision to not allow cinemas to open under Unlock 2.0: Multiplex OperatorsRead More

Marriott to expand, continue food delivery biz even after COVID-19

Leading hotel chain Marriott International, which has seen its business plunge over 90 per cent across its 123 properties since the lockdown, will expand and continue its delivery and take-away business even after the pandemic-induced lockdown and social distancing end, as it does not see normalcy turtling back anytime soon. The American group runs 123 …

Marriott to expand, continue food delivery biz even after COVID-19Read More

Club Factory asks employees not to make irresponsible comments on social media after India ban, Retail News, ET Retail

New Delhi: A day after India banned about five-dozen Chinese mobile applications in an apparent retaliation to the growing tensions at the Ladakh border, Hangzhou-based e-commerce company Club Factory has asked employees to desist from making irresponsible comments on the issue on social media. On Tuesday, the company’s human resources department sent an email to …

Club Factory asks employees not to make irresponsible comments on social media after India ban, Retail News, ET RetailRead More

Beyond Meat shares fall after McDonald’s ends Canadian trial of meatless burger

Shares of Beyond Meat fell 7% in morning trading after the CBC reported that McDonald’s stopped testing a burger made with its patties in Canada. In a tweet to a consumer asking about the burger, McDonald’s Canada said that the test ended April 6. The chain has no plans to bring back the item at this time.  McDonald’s stock …

Beyond Meat shares fall after McDonald’s ends Canadian trial of meatless burgerRead More