Business|In-depth Member
El Corte Inglés reduced its international business by 20 percent and laid off over 900 employees in a year
Madrid - Following multiple confirmations of its positive trajectory and the announcement of its best revenue figures in 14 years for fiscal year 2024, El Corte Inglés has now released its consolidated accounts, providing a comprehensive view of its global business model. This detailed disclosure follows the department store giant's commitment...
loading...
BusinessMember
Hermès reports profit dip despite sales increase in first half
Luxury group Hermès announced on Wednesday a 5 percent decrease in net profit for the first half of the year to 2.2 billion euros. This was impacted by the exceptional contribution of businesses. However, its sales increased by 7.1 percent to eight billion euros. Excluding the exceptional contribution, "net profit attributable to the group...
loading...