LVMH will Buy Back Tiffany Shares Amid Falling Qorld Indices The approval of the transaction may take place after the publication of the quarterly report on March 23, 2020.
IKEA Closes Stores Worldwide During the closure of IKEA stores, 18 thousand employees will receive various benefits and paid vacations.
Zara Owner Will Provide Pasks and Hospital Uniforms Spanish company Inditex announced its intention to donate medical masks for health workers and patients with COVID-19.
Global Brands are Closing Thousands of Stores Because of Covid-19 A full list of fashion and beauty retailers that have suspended their activities in the United States.
American Dream Mega Mall Closed Due to Coronavirus The opening of the water park and shops of several retailers announced earlier in March, will also not take place.
Coronavirus Can Affect with H&M Recovery H&M sales volumes for the first quarter of 2020 increased by 8%. However, the spread of coronavirus may prevent further growth.
LVMH will Start Producing Free Sanitizers at its Perfume Factories The three plants producing Christian Dior, Givenchy, and Guerlain fragrances are being repurposed to combat coronavirus.
Apple, Nike and Other International Retailers are Mass Closing Stores More than 14 major retailers are temporarily closing stores to prevent the coronavirus from spreading.
Italy Shuts all Non-food Stores The authorities have decided to close all shops except for grocery stores.
Tesco Sells 2,000 Stores and Leaves Asia After the sale of Tesco's assets, focus on the domestic market as well as in Central European countries.
Auchan and IKEA Entered the Top 10 Global Retailers The Top 50 Global Retailers rating by NRF (National Retail Federation) identifies the largest companies in the retail market.
Amazon Offers Just Walk Out technology to Retail Market The American e-commerce giant will allow other stores to take advantage of technologies already tried out in Amazon Go.
