Net sales for the three months ending Aug. The retailer started out the quarter with stores still closed out of a network of 5,; by the end of the period, were shut. The figure cheered investors, who sent shares higher to close up While further details of the results over the quarter will help explain the performance, and whether it may have been influenced by one-off figures, consensus estimates will likely be increased, suggested Berenberg.
The announced profit figure points to a 3.
The coronavirus crisis hit just as the group had started to see turnaround efforts pay off. Richard Chamberlain of RBC Europe noted stronger full price sales with lower markdowns as well as expectation-beating cost control contributed to the quarterly performance. Inditex releases first half results Wednesday. Short term trading conditions still look challenging, with a likely moderate pace of recovery, according to Chamberlain. The retailer reported a loss in the first half as the coronavirus crisis weighed heavily on business, and has said it will focus on digital channels and speed up store closures.
In June, the group projected a net decrease of around 40 locations. Inditex, which enjoys a lead on rivals in the digital sphere, aims to push further ahead.
It plans to invest nearly 3 billion euros over the next two years in beefing up its digital platforms and integrating store and online stock. The Spanish retailer is also sticking to its strategy of culling smaller stores to focus on larger, spruced-up flagships, outfitted with state-of-the-art garment tracking technology. Inditex expects the online channel to account for over a quarter of total sales incompared to 14 percent last year.
Sign up for WWD's Newsletter. For the latest news, follow us on TwitterFacebookand Instagram. As soon as the temperature drops, my daily tendency is to curl up in my comfiest sweatshirt and be a homebody.
But I'm always fighting it because for one, fall fashion is my favorite, and I enjoy the challenge of keeping my sartorial standards high despite the chilly weather. As expected, I found a fashionable array of affordable pieces, from ribbed knit tops to flowy dresses, perfect as layering basics or polished ensembles for impromptu date nights. Join me for a little retail therapy. ShopperTrak data found that while overall holiday store sales will decrease, they will be more evenly distributed.
The introduction of Looop to one of its Stockholm stores is one way that the conglomerate is trying to engage and educate consumers about circular fashion. The men's wear retailer continues to be impacted by casualization trend and other store closures.
Bring on the sweater weather. Cooler weather helped to move some autumn items, but the lack of international shoppers continued to dampen sales. Sales were up 3.
Amazon is kicking off the holiday season early! Each time we think we've mastered self-control when it comes to the site, it sucks us in with even more stuff.By Astrid Wendlandt.
PARIS Reuters - Luxury designers such as Lanvin and Valentino were playing safe at Paris fashion week with collections strongly focused on their traditional styles, though they were declaring the downturn over. While buyers are slowly returning to the shops in Western Europe and the United States, designers seem to have received the same instructions to create outfits, bags and shoes that are both sellable and clearly recognizable among fashionistas.
But if fashion houses tried to stand out, many explored the same themes. Fashion buyers said well-to-do shoppers were back but spent money more carefully than they did two years ago. But while customers are more cautious, the strength of the recovery has taken many analysts and luxury companies by surprise. Demand for Louis Vuitton bags has been so strong, the leather goods maker last month decided to raise the price of some of its bags by as much as 9 percent and close its Parisian shops an hour early to preserve stocks ahead of Christmas.
Chanel has also increased the price of some of its classic wares by as much as 20 percent. And as demand has been picking up, many brands including Longchamp, Valentino and Hermes have lifted their full-year forecasts in recent weeks. And while China is the biggest engine of growth for fashion companies, the heads of Lanvin and Cerruti agreed Russian buyers were back after a two-year hiatus due to the financial crisis.
Now, this is over. Lifestyle Updated. By Astrid Wendlandt 5 Min Read.R 98 min Comedy, Drama, Romance. A widower and two of his sons become infatuated by their beautiful housekeeper, and all three set out to seduce her using their own unique methods.
Votes: 2, R 90 min Comedy, Drama. A sexy widow discovers her late husband had a secret apartment where he cheated on her. Now she decides to use the same apartment to explore her own sexuality. Votes: Edwige Fenech plays the sexy private teacher of Franco Alfredo Pea who immediately falls madly in love with her.Maxwell Scott - Summer In Italy
Franco tries and tries to seduce her by faking his own suicide. R 82 min Comedy.
Loredana is a schoolgirl who takes advantage of her fellow students and teachers by using her innocent schoolgirl beauty. After she loses her virginity to an older man she soon realizes Gardener Nino Castellano takes a job in a southern-Italian villa and quickly finds himself embroiled in a menage-a-trois with Gloria Guida and Anita Sanders which soon leads to sex, death and mayhem!
Everyone want to be with a young cute girl, but she must find a real man for herself.
Luxury fashion enjoys a rebound, takes no risks
R min Comedy. Angela is a beautiful girl and despite her boyfriend Tonino is not exactly an Adonis, she insists to be faithful to him. But when discovers that she had been repeatedly betrayed, she decides to take revenge. R 98 min Comedy. In Versillia's sandy beaches during the summer ofa gawky adolescent, Sandro, spends his vacation by the sea, along with his family and his intriguingly beautiful sister-in-law. Gloria Guida stars in this Italian sex-comedy in which she plays a private nurse who is involved in a family struggle for the estate of the ailing old man she cares for.
R 97 min Comedy, Drama, Romance. In order to convince Raimonda, a wealthy noble woman, to finance his project for a holiday resort, Saverio, a lawyer gets engaged to Clotilde, her mentally-disturbed and sex-obsessed At work, Mario Millio is the only male nurse not on strike. At home, his wife is more interested in calling the hot-line of a local TV-doctor. When Mario wins 15 million Lire in the lottery A telegram has just arrived ant the Persichette home in Italy. It seems that their late grandfather's second wife, Maria Juana, is traveling from Venezuela to Italy to visit her stepson and Five short comic sketches, all unrelated to each other, except that they are all expressions of Italian sexual humor.
In one sketch, Marty Feldman plays a bodyguard, hired by her father to There's a new girl in school, Angela, the Headmaster's neice. Every male will try to seduce her, even her uncle. Meanwhile she will drive the philosophy's teacher mad and her best friend A sexy piano teacher is the object of desire of one of the young boys in her class.
One of his classmates finds out where she lives and hides outside her place, taking pictures of her Marina cuts gigolo husband Roberto off from her wealth and when she finds he is seeing a wealthy countess she and the countess plan to teach Roberto a lesson. Intransigent magistrate Viola Orlando is targeted by her rivals who hire her twin sister Rosa, a high-class prostitute and pornographic photo-novel star, to visit Rome and to set her up to Edwige Fenech stars in this Italian sex-comedy as the new teacher in all-boys Catholic school.
All of the boys desire for the chance to "learn" more about their new teacher, but only 1 student gets the opportunity.B ritain loves a bargain — even, as it turns out, during a global health emergency.
When the scheme finishes on Monday, chancellor Rishi Sunakwill be able to say that his policy successfully encouraged people back into restaurants, pubs and cafes between Mondays and Wednesdays in August, serving up a much-needed boost to the economy, and to the embattled hospitality sector in particular. Fair play to the chancellor — it really did help give a short-term boost.
The concern is that the scheme was just a snack, devoured in August on days when it was available, when what the hospitality sector really needs is the whole meal — sustained demand well into the autumn.
As the nights draw in, job losses mount, and the furlough scheme closes, the meal deals of August could become a distant memory. Many restaurants and cafes are choosing to extend discount schemes after eat out to help out ends tomorrow because of their popularity with diners, but these places will have to foot the bill themselves.
However, groups including the Federation of Small Businesses have called for the government scheme to be extended, given the less-than appetising outlook for the economy over the coming weeks. Unemployment is expected to rise sharply as more companies cut jobs, some sectors of the economy remain starved of demand, and the progress made in August risks being derailed by rising coronavirus infections.
On Wednesday, MPs will have an opportunity to quiz Andrew Bailey, governor of the Bank of England, about just how sustainable the economic outlook might be.
Concerned about the strength of the recovery, business groups and trade unions are lobbying hard for Sunak to provide further financial support to workers and firms in his autumn budget. Topics Eat out to help out Observer business agenda. Reuse this content. Most popular.Audio for this article is not available at this time.
Seamus Coleman enjoys new lease of life as a defender who can defend
This translation has been automatically generated and has not been verified for accuracy. Full Disclaimer. With evidence building that the nationwide effort to contain the novel coronavirus is working, the conversation has shifted toward reawakening the economy. This past week, Prime Minister Justin Trudeau said the federal government is in discussions with the provinces about easing restrictions, although he warned that any significant changes are still weeks away.
To stave off utter economic devastation, the federal government and the Bank of Canada have already unleashed a barrage of fiscal and monetary firepower. Much more stimulus is on the way. Even workers who avoided being laid off may be in no rush to book a flight or eat in a restaurant. And for businesses that thrive on crowds, the pandemic is a potential extinction event.
Coronavirus put this Nova Scotia garment factory out of commission — until it found a crafty solution for health-care workers. So, economists were operating more on guesswork than anything else when they began to assess the financial damage unleashed by governments around the world as sweeping social and industrial restrictions were enacted to contain the spread of the virus.
As recently as February, many forecasters envisioned a temporary disruption, followed by a swift return to precrisis activity levels. This is the coveted V-shaped recovery — a precipitous decline, came after an equally sharp rise back to full economic health. Space available on storefronts is shown on Queen Street in Toronto on April 16, Fighting the pandemic, however, has already exacted an immense toll, with the unfolding recession likely to be the worst economic collapse since the Great Depression, and far more severe than the one that came after the global financial crisis.
Undoing the damage already done will be no small feat. And the longer the Great Lockdown drags on, the greater the risk of doing irreversible economic harm. Because this recession has no historical precedent, the nature of the recovery is also shrouded in uncertainty. Besides V, the letters of the alphabet enlisted to invoke the potential shape of the recession cycle now also include U, W and L.
Whatever the shape of the recovery, one element now seems inescapable — Canada faces a long and difficult economic convalescence in the months and years ahead. The pandemic hit crisis levels in Europe and North America so quickly, there was no time to consider the lasting effects of economic lockdowns. The other provinces and territories soon followed suit, closing non-essential businesses, schools and daycares, and ordering much of the Canadian work force to stay home.
Be it the arrows that darted past Gerhard Tremmel and Kelvin Davisthe keepie-uppies and nonchalant backheel in that Arsenal demolition, or those befuddling overlapping runs, there was a carefree joy in the man who once lost his place to Tony Hibbert now driving at spooked defences with such abandon.
Those aforementioned Swansea City and Southampton stunners in take the biscuit, but plenty more leave you wondering just how a right-back ended up that far up the pitch. Even in andhis old tricks still wreaked havoc, not least with identikit finishes versus Middlesbrough and Crystal Palace. Hare off down the flank, turn your markers inside and out, finish with composure - it must have felt like muscle memory to Coleman by then. For the most part, this was not a player reinventing the wheel, obsessed with the outlandish, either.
Coleman simply excelled at the basics, like finding space and running into it, and finding team-mates or the opposition goal and crossing or shooting accurately at them. Equally, though, it was about this time in his Everton career, as Martinez proved fallible, Ronald Koeman took charge and a lates Coleman began to creak, that frailties the other way began to come to the fore. As does post-injury Coleman being run ragged for the entirety of a defeat at Manchester United by Anthony Martial.
Increasingly, the sight of Coleman being spun one way then another, in much the same way that he used to embarrass opponents, looked set to characterise late-era Coleman. And the rallying cries, the trite platitudes, the empty threats to team-mates after the latest chastening defeat that fell on deaf ears time and again.
Perhaps to call out Coleman, a man whose off-the-pitch conduct is unblemished and whose affection for Everton is unequivocal, for this is to miss the point; he is captain, after all. Not before time, though, Ancelotti has moulded Coleman Mark II; a much more no-frills iteration, but equally if not more dependable nonetheless. This, put simply, is just good management - age comes to us all and Coleman will be 32 in October.
Not redundant by a long stretch, but equally not basking in the glow of his pomp anymore. Indeed, Ancelotti utilising him as a makeshift third centre-back in his early weeks last winter seems far more probable to resurface any time soon than as an auxiliary second striker as he was at times in his heyday. A week after calling it on with Kieran GibbsColeman stifled Palace jewel and long-term Everton target Wilfried Zaha throughout; this was the only time Zaha had failed to dribble round a single opponent in a Premier League home game in the last four seasons, in fact.
But while it feels timely to lavish praise on the most improved area of his game, it would be remiss to disregard his modus operandi altogether. There was a road-testing of the new material here, for sure, but the greatest hits still got an airing. It may be in a reduced, more sporadic form these days, but Coleman has still got it.
Video recorded just before midnight Monday at the Miami International Airport baggage claim area shows a woman wearing only a bra and underwear while casually strutting her stuff. Video later shows her on top of a police vehicle, still nude, outside the airport and later taken into custody.
CBS Miami reported she was an out-of-state resident, was incoherent, appeared to have psychological issues and would be involuntary committed via Florida's Baker Act. News State. Actions Facebook Tweet Email. Video shows woman strip off clothes, walk around naked at Miami International Airport. Video shows a woman walking through the baggage claim area of Miami International Airport while removing all of her clothes. By: Scott Sutton.
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