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Dizz Group to open three new stores at Mercury, including flagship Guess - Vimarsana News

Dizz Group to open three new stores at Mercury, including flagship Guess

The other two will be Kiko Milano and Pascucci

Keith Schembri company chased for quarter of a million in tax dues - Vimarsana News

Keith Schembri company chased for quarter of a million in tax dues

Josette Schembri Vella, 3City Design served notice of the unpaid sum in December

Malta working to make UK green list in next review – minister - Vimarsana News

Malta working to make UK green list in next review – minister

The authorities are working to get Malta on the UK’s travel green list during the next review, Tourism Minister Clayton Bartolo said on Monday.  Bartolo told Times of Malta that the authorities are in contact with the British High Commission and the UK government to pass on all the necessary information and health indicators about the COVID-19 situation. British Prime Minister Boris Johnson has warned the green list was unlikely to expand very rapidly, due to concerns over the spread of an Indian variant of the COVID-19 virus in that country. The Tourism Minister acknowledged the importa...

Multi-million losses for Maltese retail groups in year of COVID shut-down - Vimarsana News

Multi-million losses for Maltese retail groups in year of COVID shut-down

Multi-million losses for Maltese retail groups in year of COVID shut-down Property and food sales in COVID kept business going, but retail groups suffered between 70-80% drops in sales 6 May 2021, 8:04am by Matthew Vella Millions were lost in sales by some of Malta’s largest companies and bond issuers, a raft of end-of-year financials posted in the last weeks show. A selection of some of the more prolific organisations shows the varying fortunes of businesses who suffered the brunt of the COVID-19 pandemic’s lockdown and public health restrictions. Others granted a ‘pass’ to proceed ...

Dizz Group sees €3.3m loss from lower fashion sales, tax - Vimarsana News

Dizz Group sees €3.3m loss from lower fashion sales, tax

The Dizz Group of Companies has reported a loss of €3.3m for 2020 as a result of lower revenue from its fashion division and administrative and tax costs. It said the loss was a material variance of some €3.1m from the 2020 projections  issued on 14 July 2020 which had projected a loss of €203,000. The group said it had an adverse variance of €4.7m due to a decrease in the selling prices charged by the fashion division to attract more sales. This was offset by a significant positive material variance of €3.1m relating to other income, primarily consisting of rental income from inve...