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Prada ’s sales in China rose “significantly” more than 10 percent in May compared with April, the company’s chief executive officer Patrizio Bertelli told Bloomberg TV . But, the rise is still far from sufficient to compensate for the decline in sales in the country following the lockdowns introduced ...
The novel coronavirus Covid-19 pandemic could lead to an acceleration in the reshoring of manufacturing to Europe. Alicia Garcia-Herrera , senior fellow at the European think tank Bruegel , said in an interview with Exame magazine that the shift could be significant for countries such as Spain and Portugal. ...