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Sales at fashion group H&M fell slightly less than expected in the three months through February and rose in the first half of March as pandemic restrictions were eased in some markets,... | March 17, 2021
H&M says one fifth of stores still shuttered by pandemic SECTIONS Last Updated: Mar 11, 2021, 02:33 PM IST Share Synopsis H&M, the world's second-biggest fashion retailer, is due to report sales for the December-February period, its fiscal first quarter, on March 15. Analysts on average forecast a 28% drop in net sales from a year ago, according to Refinitiv SmartEstimate. Agencies Around 1,050 of H&M's around 5,000 stores remain temporarily closed due to the COVID-19 pandemic Around 1,050 of H&M's around 5,000 stores remain temporarily closed due to the COVID-19 pandemic and government meas...
Around 1,050 of H&M's 5,000 stores remain temporarily closed due to the Covid-19 pandemic and government measures to stop it, a spokesman at the Swedish group said today.
Toyota Motor Corp said on Wednesday it has an up to four-month stockpile of chips and was not immediately expecting a global chip shortage to hit production, as it jacked up its full-year earnings forecast by a bigger-than-expected 54%.
UPDATE 3-Honda and Nissan to sell a quarter of a million fewer cars because of chip shortage Eimi Yamamitsu, Tim Kelly 4 分钟阅读 TOKYO, Feb 9 (Reuters) - Japan’s second and third largest automakers, Honda Motor and Nissan Motor, will sell a combined 250,000 fewer cars in the current financial year as a global shortage in semiconductor chips hits production. The automakers made the announcement as they unveiled brighter outlooks for the financial year ending March 2021 as automobile markets, led by China, rebounded from a coronavirus-induced slump. Honda and Nissan also reported better-...