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Tag: warnings

Profit warnings from firms in Europe mount as Covid-19 bites | Business

A string of retailers, pub and restaurant groups in the UK and across the rest of Europe have issued profit warnings as the coronavirus pandemic takes a mounting corporate toll. Inditex, the Spanish retailer that owns chains including Zara, has taken a €287m provision in relation to the virus. The company, the world’s largest fashion …

Profit warnings from firms in Europe mount as Covid-19 bites | BusinessRead More

Superdry and Joules issue profit warnings after tough Christmas | Business

The fashion brands Superdry and Joules have warned that profits will fall significantly below expectations after a tough Christmas. Shares in both companies crashed after the warnings, the latest in a series of grim trading statements from the retail sector – Superdry by 22%, to 368p, and Joules by 33%, to a new low of …

Superdry and Joules issue profit warnings after tough Christmas | BusinessRead More

Facebook, eBay ban users trading fake reviews after UK CMA warnings

A mousepad with the Facebook logo is seen at Facebook’s new headquarters at Rathbone Place in central London. Daniel Leal-Olivas | AFP via Getty Images Facebook and eBay have removed hundreds of groups and accounts engaged in trading fake reviews, after the U.K. antitrust regulator flagged concerns over them in June. Britain’s Competition and Markets …

Facebook, eBay ban users trading fake reviews after UK CMA warningsRead More