The crisis passes bill to benefit from Adolfo Dominguez falls 75%

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World & Business - Finance
Sunday, 25 January 2009 01:20

It is a reality that people have less money to spend and the little he has to spend is dedicated to food aside the renewal of his wardrobe. And of course the economic situation and is taking its toll on the textile sector despite higher discounts offered and the advance sales period, have not done much.
One example is the clothing company from Galicia Adolfo Dominguez, who though in the early months of the year reduced its profit by 93%, finally it in the first nine months of 2008 was reduced by 75% to stand at 2.68 million euros 10.7 million compared to that obtained in the same period in 2007.

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Faced with this situation and to avoid losses even be something that can not be excluded as it is the economic situation, Adolfo Dominguez has launched a plan of containment and cost reduction starting from the closure of 21 unprofitable stores, and especially the textile chain will r slows the opening of new stores.

More information bolsacinco

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