Edition:
India

Tanishaa Nadkar

Travel food firm SSP boasts liquidity as virus harms sales

03 Jun 2020

British travel food group SSP said store closures due the coronavirus cut its first-half sales by up to 150 million pounds and swung it into a loss, but it had sufficient liquidity to ride out the crisis even if shops stay shut this year.

UPDATE 2-Travel food firm SSP boasts liquidity as virus harms sales

03 Jun 2020

* Shares up more than 3% (Adds analyst comment, details on results, liquidity, updates shares)

French Connection says could run out of cash within months

19 May 2020

French Connection is the latest major UK retailer to warn it could run out of cash within months, saying it was in talks with investors over new funding but had struggled to access government support schemes during the coronavirus crisis.

UPDATE 2-French Connection says could run out of cash within months

19 May 2020

* Shares fall as much as 24% (Recasts, adds shares, background)

William Hill looks to football, horseracing to ride out crisis

15 May 2020

William Hill said on Friday it is counting on the return of Germany's Bundesliga and horseracing in the UK to turn the odds in its favour, and that it expects a lower hit to core earnings from coronavirus-led disruptions which have cancelled sports events and shut its betting shops.

UPDATE 2-William Hill looks to football, horseracing to ride out crisis

15 May 2020

May 15 William Hill said on Friday it is counting on the return of Germany's Bundesliga and horseracing in the UK to turn the odds in its favour, and that it expects a lower hit to core earnings from coronavirus-led disruptions which have cancelled sports events and shut its betting shops.

WH Smith's travel sales plunge as virus shuts airports, train stations

14 May 2020

British retailer WH Smith on Thursday said total revenues plunged 85% in April as sales at its airport and train station shops and kiosks were hit by government travel restrictions to halt the spread of the coronavirus.

Holiday Inn-owner pins hopes on China recovery as virus hits room revenue

08 May 2020

Holiday Inn-owner InterContinental Hotels said on Thursday it was seeing signs of recovery in some markets as it tightened up on safety and cleaning procedures following an 80% plunge in average room revenue in April.

CORRECTED-UPDATE 2-Holiday Inn-owner pins hopes on China recovery as virus hits room revenue

08 May 2020

May 7 Holiday Inn-owner InterContinental Hotels said on Thursday it was seeing signs of recovery in some markets as it tightened up on safety and cleaning procedures following an 80% plunge in average room revenue in April.

UK watchdog orders JD Sports to sell Footasylum

06 May 2020

Britain's competition watchdog on Wednesday made good on its threat to order JD Sports to sell Footasylum, saying the sportswear retailer's 86 million pound ($106 million) takeover of its smaller rival left shoppers worse off.

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