×
103
Fashion Jobs
REQUITY APPLIED SCIENCES PRIVATE LIMITED
Production Manager
Permanent · National Capital Region
PANTALOONS HO
Assistant Brand Manager - Mumbai
Permanent · MUMBAI
EJAAZ COUTURE
Production Manager
Permanent · NEW DELHI
ENAARAH INDIA
Ecommerce Manager
Permanent · NEW DELHI
NIKE
Manager Operations - Enterprise Mac And Mobility, India – Tech Ops Icc
Permanent · Bengaluru
LIFESTYLE BRANDS
Group Manager - E-Commerce Product (B2B)
Permanent · BENGALURU
LIFESTYLE BRANDS
Manager - Product, Louis Philippe
Permanent · BENGALURU
PANTALOONS HO
Senior Executive - Marketing
Permanent · MUMBAI
LIFESTYLE BRANDS
Executive -Key Accounts (Mis),lp
Permanent · BENGALURU
LIFESTYLE BRANDS
Manager - Trade Channel, Finance
Permanent · BENGALURU
LIFESTYLE BRANDS
Sales Executive - Kannur &Amp; Kasargod
Permanent · BENGALURU
LIFESTYLE BRANDS
Senior Executive - Garment Technician (ww &Amp; Kids), Pdqa
Permanent · BENGALURU
OUTHOUSE JEWELLERY
e- Commerce Manager
Permanent · MUMBAI
NETE.IN
Order Fulfilment & CRM
Permanent · MUMBAI
LIFESTYLE BRANDS
Manager - Marketing, Peter England - Bangalore
Permanent · BENGALURU
NIKE
Product Manager, ed&a Icc
Permanent · Bengaluru
NIKE
Grc Compliance Analyst, India – Cis Icc
Permanent · Bengaluru
NIKE
Senior Data & Analytics Business Systems Analyst (Consumer Data Engineering), ed&a - Icc, India Capability Center (Contract)
Permanent · Bengaluru
AASHUMI MAHAJAN BRAND CONSULTANCY
Graphic Designer
Internship · MUMBAI
TARGET RECRUITMENT AGENCY
Senior Merchandiser-Kids Wear-Liason Office-Garments-Delhi-75k
Permanent · National Capital Region
JOKER & WITCH
Merchandiser & Category Manager - Ethnicwear
Internship · BENGALURU
JOKER & WITCH
Jewellery Designer & Merchandiser
Internship · BENGALURU

Dufry expects major cash flow drops as travel retail stays weak

Published
Aug 3, 2020
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-


Swiss airport retailer Dufry on Monday announced its cash flow estimates in a still-uncertain world and is planning for potential full-year declines in turnover of 40%, 55% and 70%. It all depends on how fast coronavirus-linked travel restrictions are eased in the markets in which it operates.


Dufry



Taking the 55% mid-case decline as its benchmark, the Basel-based company, which has operations in 65 countries, expects that during its reopening process in the second half of this year, its monthly cash flow will be around 10 million Swiss francs (£8.34 million).

The business is one of the big names in travel retail and has been hit hard by the pandemic. Not only were its stores closed for long periods in many regions, but with international travel at a virtual standstill, it has taken an extra hit even where stores have been open.

Travel retail had been one of the most buoyant retail sectors globally in recent years and has been key for many beauty and fashion accessory brands. But with international tourism historically low and unlikely to recover fully for some time, the channel's prospects are much more bleak.

 

Copyright © 2020 FashionNetwork.com All rights reserved.