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UNIBAIL-RODAMCO SE: Financial information as at March 31, 2021


UNIBAIL-RODAMCO SE: Financial information as at March 31, 2021
Press release
Financial information as at March 31, 2021
Unibail-Rodamco-Westfield s ( URW or the Group ) Q1-2021 turnover remained strongly impacted by ongoing COVID-19 restrictions with 42 days
(1) of closures vs. 13 days
(1) in Q1-2020; zero days of normal unrestricted operations vs. 70 days in Q1-2020
Progressive lifting of non-essential retail restrictions in the UK, Slovakia, Denmark and The Netherlands during April;
however 51% of URW s shopping centres are still effectively closed
(2)
March tenant sales
(3) reached 87% of 2019 levels in the US, while Continental European countries where non-essential retail was allowed to trade reached 76-81%; UK footfall jumped to 75% of 2019 levels during first week of reopening despite major restrictions still in place ....

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Blue Nile Expands Leadership Team to Unlock Brand Growth Through E-Tailer Business Strategy


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SEATTLE, April 13, 2021 /PRNewswire/  Blue Nile, the largest online retailer of certified diamonds and fine jewelry, announced the appointment of several senior leaders further positioning the company for growth. Under the leadership of Chief Executive Officer Sean Kell, Blue Nile s new leadership team will empower the company s next phase of growth by bringing together physical and digital operations to elevate the brand by providing consumers with one seamless experience.
It is a very exciting time for Blue Nile as we build on the company s two decades of industry leadership while rapidly innovating to meet the needs of the modern consumer. said Sean Kell, Chief Executive Officer of Blue Nile. The additions to our leadership team, combined with our e-tailing business strategy creates new opportunities for Blue Nile and extends our market position as a best-in-class diamond and fine jewelry retailer. ....

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Investegate |UNIBAIL-RODAMCO SE Announcements | UNIBAIL-RODAMCO SE: UNIBAIL-RODAMCO-WESTFIELD REPORTS FY-2020 EARNINGS


Press release
UNIBAIL-RODAMCO-WESTFIELD REPORTS FY-2020 EARNINGS
URW’s organisation has demonstrated resilience in extreme operating conditions with positive consumer demand whenever restrictions eased or lifted during 2020
Flagship destinations continue to attract leading brands and emerging players – working together to innovate in a rapidly evolving retail environment
Focused operational plan for 2021 and clear commitment to deleveraging - URW will emerge as a stronger business harnessing the market rebound
FY-2020 in Review
Strong start to 2020 but only 70 days of normal operations, most of the year subject to various restrictions and 93 days on average “closed”
(1)
Like-for-like shopping centre Net Rental Income (“NRI”) down -24%, driven by rent relief and doubtful debtors as URW was heavily impacted due to central locations and F&B exposure ....

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