The European sporting goods industry is calling on the EU and its member states to provide "swift and bold" liquidity support to its sector to help soften the impact from the coronavirus (Covid-19) outbreak.
Sportswear retailer JD Sports has said it is weighing up a number of options to preserve capital across all aspects of its business after its shops were closed this morning (24 March), following a UK government directive.
Men's suits and formalwear retailer Moss Bros has temporarily closed all its stores and sounded a warning on its full-year revenue and profitability as a result of the coronavirus outbreak impacting trading.
Are we witnessing the end of globalisation? The simple answer is no. But there is a more nuanced response: globalisation will survive, but it will be different from what we've known, believes Robert Antoshak, managing director at Olah Inc.