Six big companies in the US are zombies. It hinders the recovery of the economy

Zombies have earned the label of companies that cannot make a profit in the long run, and their survival depends purely on the external assistance of governments or central banks. “The problem of zombie companies is emerging after every global crisis,” explains Pavel Sobíšek, chief economist of UniCredit Bank. According to him, tens of thousands … Read more

Lidl-stamped shoes and clothing soon on sale in France

Be careful, these clothes drive you crazy. In July, discount supermarket chain Lidl launched a clothing line sold exclusively in Belgium. But the craze for sneakers, slides and socks had crossed borders thanks to social networks. And some products were sold at crazy prices. Is a new speculative bubble to be expected? In any case, … Read more

all stores closed by the end of 2021 – Corriere.it

GAP leaves Europe. Forever. The popular American clothing brand has in fact decided to close all its European stores. The crisis is not of now (the first closures had already begun in 2015), but Covid has contributed to giving the final blow. – And so the 2,500 employees scattered in stores in Italy, Spain, France … Read more

Survey: In Latvia, 76% of the population plan to spend no more than 100 euros on autumn season clothes and shoes

In order to renew and supplement the wardrobe in Latvia, 76% of the surveyed buyers intend to include an amount not exceeding 100 euros, mainly when purchasing new autumn shoes, according to a survey of the shopping center “Domina Shopping”. Of these, 42% plan to allocate no more than 50 euros for this purpose. Meanwhile, … Read more

Does measuring clothing in stores transfer corona infection? Health answers

The Ministry of Health and Population confirmed that measuring clothing in stores in itself is not a source for transmitting a Corona infection, but the infection is transmitted by touching clothes with hands, then placing them on the nose or mouth or approaching the clothes from the mouth or nose and the Ministry of Health … Read more

Take advantage of the first big markdowns on fashion from Amazon

– The first sales of fashion in Amazon are already underway. You can be considered as the Prime Day of the fashionable, with thousands of deals on clothing, accessories, jewelry, watches, shoes, luggage and much more, which for the first time get deep discounts in the history of the giant of e-commerce. If you’ve visited … Read more

The big discount battle in retail begins

Düsseldorf, Munich Shopping in Corona times? Many Germans think not. Although they could easily order on the Internet, customers are reluctant. Many online retailers report sluggish business. The shops on the net lure with competitive prices. At the sports companies Adidas and Nike, shirts, shorts and sneakers are half cheaper, H&M even advertises with discounts … Read more

Gap cancels the spin-off of its subsidiary Old Navy

Alistair Gray NY / 18.01.2020 06:15:42 Gap abandoned plans to separate and announced the departure of another senior executive, in another sign of how retailers have problems with their strategic responses to turmoil in the industry. The company, which has a valuation of almost 7 billion dollars, established plans almost a year ago to separate … Read more

They require visits, clothing, medicines and decent treatment for prisoners

– This Monday, relatives of inmates from different prisons are manifested with blankets and banners in the capital of the country. Photo: Jorge González – – MEXICO CITY With blankets and banners, relatives of inmates of 19 prisons They protest in front of the National Palace. The dissatisfied require the authorities to be given a … Read more