Adidas Received a €3 Billion Loan to Rescue its Business One of the conditions for approving the loan is the suspension of dividend payments for the entire term of the loan.
IKEA Has Reported a Two-time Drop in Sales The owner of IKEA reported a 60% drop in sales amid a coronavirus pandemic and a tenfold increase in online sales.
Apple Will Start Opening its Stores Starting With South Korea The country has made significant progress in the fight against the epidemic, and the current situation makes it possible to open stores.
Starbucks Plans to Start Re-opening its shops in America After the closure of all its locations in the U.S. and Canada, the company is moving to a new stage, and some establishments may start accepting orders.
Coronavirus testing center opened in American Dream megamall Visitors to the center can take free tests and have a virtual consultation with medical staff.
Samsung Launches Cardboard Box Design Competition The money prize for the authors of the best works will be 20 thousand dollars.
Zara Stores Owner Gradually Resumes Operations Spanish company Inditex, best known for its Zara brand, plans to resume its activities gradually.
Hermes Reopened in China and Reported Record sales French luxury fashion house Hermes opened its flagship store in Guangzhou, China after a two-month break.
Gap will not Order New Collections For Next Seasons Gap Inc. has canceled its orders for the next summer and autumn seasons, which are in a complicated situation.
Apple Will Produce 1 Million Face Shields Per Week Apple is preparing to establish a weekly production of approximately 1 million face shields for medical personnel.
Shopping Centers in China Starting to Open One of the largest companies in the Asian real estate market, CapitaLand Retail opens all its shopping centers in China.
H&M Will Support Suppliers and Buy Back All Merchandise Swedish fashion retailer H&M, the second-largest player in the world market, has announced plans to buy back all products from suppliers.
