Media Markt
Fashion
adidas apologises after backlash over refusing to pay rent amid coronavirus scare
German sportsgear maker adidas on Wednesday said it had made ‘a mistake’ when it decided not to pay rent on its shuttered shops in April, after the move sparked a widespread outcry. adidas was one of a string of...
Retail
Metro posts operating loss at Media Markt, Saturn shops
Metro AG (MEO) said its Media-Saturn household electronics unit posted an operating loss of 44 million euros ($64 million) in the second quarter as sales dropped. Media-Saturn had a “strong” decline in comparable sales in Germany in the period,...
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Latest News
D2C skincare retailer Innovist targets three-fold revenue by FY26: Founders
The company recorded total sales of Rs 103 crore in the financial year 2023-24Launched in 2019 by founders Rohit...
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