H&M, the world’s second-biggest fashion retailer, reported on Wednesday a smaller-than-expected increase in sales over the period December to February, in the latest sign it is struggling to compete with Zara-owner Inditex.
Apple Inc. is delaying bonuses for some corporate divisions and expanding a cost-cutting effort, joining Silicon Valley peers in trying to streamline operations during uncertain times, according to people with knowledge of the situation.
Delivery firm DPD enjoyed a 40pc surge in pre-tax profits to €13.4m in 2020 due to the surge in online orders by homes during the early stages of the Covid-19 pandemic.
