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...It plans to open 20 stores in Kyiv and some cities in the west of Ukraine. Inditex plans to reopen 50 of its 80-plus stores in the country, the company told the Financial Times....
...The DMA allows the EU to fine companies up to 10 per cent of annual turnover, rising to 20 per cent in repeat cases....
...This year it is likely to close more stores than it opens in numbers, but to open more in terms of revenue. It had 4,369 stores at the end of November, down from 5,076 in 2019....
...you’re adding incremental sales to existing stores.”...
...Macy’s is to close 20 per cent of its locations by the end of 2026, as the US department store chain implements a turnaround plan just a month after rejecting a $5.8bn takeover bid....
...In a country where church membership has fallen by a quarter over the past two decades, and just one in 20 citizens attend Sunday mass, “the current law is completely at odds with today’s reality of life...
...The DMA allows the EU to fine companies up to 10 per cent of their annual turnover for failure to comply, rising to 20 per cent in repeat cases and ultimately leading to potential break-ups....
...It will pay an interim dividend of 20.7p a share on July 5, an increase of 46 per cent on the previous year, “reflecting the growth in earnings”....
...The law allows the EU to fine companies up to 10 per cent of annual turnover, rising to 20 per cent in repeat cases....
...Macy’s rejected the activists’ $5.8bn offer in January and instead implemented a turnaround strategy under which 20 per cent of its stores will be closed by the end of 2026....
...The pharmacy chain now expects adjusted full-year earnings to be between $3.20 and $3.35 a share, compared with previous forecasts of $3.20 to $3.50....
...Chief executive Daniel Frumkin said: “We remain committed to stores and the high street but will transition to a more cost-efficient business model while remaining focused on customer service.”...
...But the new collection, which Kering has been promoting heavily, only accounts for a small proportion of the items in store....
...Unadjusted pre-tax profits came in at £188.3mn, thanks to a one-off insurance claim of £20.6mn....
...“We believe in stores . . . and it is actually in-store sales that drove our growth,” Motte said....
...for personal luxury products slowed to 8 per cent at constant currency rates according to Bain, narrowly outpacing global inflation and marking a significant deceleration after three consecutive years of 20...
...The need to close stores, for example, could create volatility in the stock. And at a forward price/earnings ratio of 20, Dollar Tree is not obviously cheap....
...Costes x Liaigre The maison’s first capsule collection with the hip French hotel brand Costes will be unveiled at its flagship store on rue du Faubourg St-Honoré....
...Kering recently issued a profit warning, a rarity in the luxury sector, saying it expected sales at Gucci — which accounts for half of group sales and two-thirds of earnings — to decline 20 per cent in the...
...after 20 years....
...The company said this week that sales had risen almost 20 per cent last year to £1.8bn, bolstered by the expansion of evening trading and availability through “digital channels” such as Uber Eats and Just...
...“We’ve got more stores coming, and bigger stores,” he said....
...Group revenue for the year to 28 January 2023 was up almost 20 per cent to £184.9mn on pre-Covid levels....
...Metro Bank has distinguished itself by betting on physical branches and in-store customer service at a time when most lenders have retrenched from the high street....
...Apple says the DoJ is twisting the facts to match its theory, pointing to what it says is a 20 per cent share of the global smartphone market, which is far from a monopoly....
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