Recent Posts

Lululemon reports rise in e-commerce business

Bloomberg Lululemon Athletica Inc reported a surge in its e-commerce business as quarantined consumers flocked to comfy apparel like yoga pants. Chief Executive Officer Calvin McDonald said he is “cautiously optimistic” about the second half of the year. In an echo of retailers including Gap Inc and Nike Inc, Lululemon’s comparable online sales excluding currency impacts rose 157% in the ...

Read More »

Ryanair hammers government ‘mismanagement’ of Covid crisis

Bloomberg Ryanair Chief Executive Officer Michael O’Leary lashed out at governments over their handling of the coronavirus pandemic, saying an ineffective response to the crisis had added to the difficulties of struggling airlines. Leaders in the UK and Ireland are focussed on the wrong data with the daily coronavirus case rate and should put more effort towards test-and-trace programs to ...

Read More »

China cancels airshow for first time in 24-year history

Bloomberg China’s biggest airshow, which takes place every two years in the southern city of Zhuhai, has been canceled due to the coronavirus, according to a statement Wednesday. The China International Aviation & Aerospace Exhibition was due to take place from November 10-15 and feature industry giants including Boeing Co and Airbus SE. The biennial show first took place in ...

Read More »
Send this to a friend