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FOCUS-Christmas Coronavirus And Fear Of No-deal Brexit Push...

2020-12-30T21:41:47Z

Kisha2577441910:

By Victoria Waldersee LISBON, Nov 30 (Reuters) - Retailers worldwide have never had more reason to pack warehouses to the brim and keep stock closer to shoppers who continue to buy a record number of items online. As well as stocking up for Christmas and any potential coronavirus-related lockdowns, Europe and the UK will soon have Brexit to deal with. British companies are bringing as much as possible into the country before potential disruptions in January, while their European counterparts are piling up goods in pan-European distribution hubs close to ports like Hamburg or Rotterdam. E-commerce management platforms including ZigZag and Global-e-- which serve Forever 21, Boohoo, Gap, Selfridges and Hugo Boss --- said around 30-35% of UK retailers' sales are to customers in continental Europe. Brands popular in the UK like Chinese e-commerce retailer Shein or American sportswear brand Under Armour are currently stocked exclusively in the EU, ZigZag CEO Al Gerrie said. The rise in e-commerce throughout the year as a consequence of the pandemic had already pushed warehouse space to the limit. "Most carriers already operated at Christmas volumes during the first wave. If you now add the Christmas effect on top, it's just getting even more challenging," CFO of European e-commerce retailer Zalando, David Schroeder, said in November. Demand for storage space after Brexit could shoot up even further as retailers seek to avoid customs checks and, if no deal is struck, tariffs. "Retailers won't want to be caught out again," said Nick Cook, head of Europe for warehouse owner GLP, referring to the potential supply shocks Brexit could bring. Their warehouses, covering 3.3 million square metres in continental Europe and 700,000 in the UK leased to companies including H&M, Amazon and DHL are currently 97% occupied. STOCKING UP In the UK, leasing volumes for commercial warehouse space are at record levels of 32.5 million [http://www.google.com/search?q=square%20feet&btnI=lucky square feet] and projected to grow to 40 million by the end of the year, according to real estate advisory firm CBRE. Logistics operator Europa Worldwide Group, which delivers goods for retailers and third parties like DHL and Amazon, is holding 60% more e-commerce products than this time last year, the company said. Shoe producer Vivobarefoot said it was shipping as many shoes as possible from its Portugal manufacturing site to its UK warehouse ahead of December. M&S, Next, and Primark said earlier this year their warehouses were still holding unsold summer clothing. Even after the pandemic, demand for warehouse space is expected to remain high as customers now used to ordering online continue to do so. E-commerce generally requires around three times as much warehouse capacity as physical retail, according to figures from Prologis. SPREADING OUT Warehouse developer Panattoni Chief Executive Robert Dobrzycki said pandemic border closures spurred retailers to separate stock by country instead of stocking for several countries in one shared warehouse space. "We're seeing a move away from just-in-time logistics strategies and increasingly towards just-in-case," said Andrew Jones of property firm Londonmetric in a November earnings call. "Not only in the period we're all living through at the moment, but also the period we're going to live through post-Brexit." Retailers could also seek to split logistics operations across the UK and EU to avoid charges. Even with a deal, cross-border traders will have to pay charges on goods travelling between the UK and EU and track every order with commercial paperwork. Britain´s logistics industry estimates that 250 million customs declarations a year will be needed for [https://kynghidongduong.vn/blog/le-hoi-hoa-tam-giac-mach-ha-giang-va-nhung-diem-check-in-voi-hoa-dep-nhat.html hà giang tam giác mạch] EU trade. Holding stock in both markets would eliminate that problem and is a solution the biggest players have opted for. Amazon said in July that from December 28 onwards it would no longer distribute goods for merchants between the UK and the EU - instead, they would have to send their stock separately to fulfilment centres in both regions. Meanwhile other industry players are beginning to discuss options like converting agricultural buildings, [https://kynghidongduong.vn/blog/le-hoi-hoa-tam-giac-mach-ha-giang-va-nhung-diem-check-in-voi-hoa-dep-nhat.html kynghidongduong.vn] empty space on run-down high streets or vacant basements into warehouse space, according to research by firms including Savills and JLL . But the construction and conversion process is slow and has been hit by delays during the pandemic and many plans are still a pipe dream. "At this point, you may just need to choose your market," Tim Crighton, head of EMEA at real estate advisory Cushman & Wakefield, said. Parker Lane Group, a UK-based returns facility with offices in Barcelona and Warsaw, [https://kynghidongduong.vn/blog/le-hoi-hoa-tam-giac-mach-ha-giang-va-nhung-diem-check-in-voi-hoa-dep-nhat.html hoa tam giác mạch] said some clients were positioning goods to mitigate tariffs but others said very few of their customers had made any arrangements yet. "Retailers haven't pulled the trigger just yet, because of the uncertainty around Brexit," Al Gerrie of ZigZag said. By the time they do, there may not be much space left to lease. "If people want warehousing today, you're looking at older, second-hand, more functionally awkward space, without the same height or loading doors of newbuilds," Paul Weston, head of Prologis for the UK, said. (Reporting by Victoria Waldersee in Lisbon, Michael Kahn in Prague, Sonya Dowsett in Madrid; Additional reporting by James Davey; Editing by Vanessa O'Connell, Elaine Hardcastle)

Portugal Must Diversify Tourism-dependent Economy After Pandemic ...

2020-12-30T09:06:40Z

Kisha2577441910: Created page with " By Catarina Demony LISBON, Nov 23 (Reuters) - Portugal's tourism sector is set to lose 60,000 jobs this year alone due to the impact of the coronavirus outbreak an..."

By Catarina Demony LISBON, Nov 23 (Reuters) - Portugal's tourism sector is set to lose 60,000 jobs this year alone due to the impact of the coronavirus outbreak and a recovery is still far off, Tourism Secretary Rita Marques said on Monday. Some of the country's regions must diversify their tourism-dependent economy after the pandemic, Marques also told Reuters in an interview. She expected a rebound of international visits to happen by the third quarter of 2021, depending on the success of a COVID-19 vaccine, but it could take until 2023 for those to return to pre-pandemic record levels. Last year, Portugal had more than 16.4 million foreign visitors. "We know it will be hard, it will take some time," Marques said, adding that Portugal sought to be among the first to benefit when people were allowed to travel freely again. Tourism was crucial for Portugal's recovery from the 2010 economic and debt crisis and Marques is convinced it will help Portugal recover from the pandemic. However, some regions rely too heavily on tourism, she said, [https://kynghidongduong.vn/blog/le-hoi-hoa-tam-giac-mach-ha-giang-va-nhung-diem-check-in-voi-hoa-dep-nhat.html kynghidongduong.vn] calling for the development of other sectors there and a boosting of their international competitiveness. Regions such as the [http://www.google.co.uk/search?hl=en&gl=us&tbm=nws&q=southern&gs_l=news southern] Algarve, [https://kynghidongduong.vn/blog/le-hoi-hoa-tam-giac-mach-ha-giang-va-nhung-diem-check-in-voi-hoa-dep-nhat.html hoa tam giác mạch] famous for its beaches and golf courses and particularly popular with British visitors, are among the most affected. In Algarve, the tourism industry is not only suffering with the economic impact of the pandemic, which pushed the number of registered jobless up 134% to 24,088 last month from a year ago, but also from concerns about the [http://www.wordreference.com/definition/implications implications] of Brexit. It is crucial not only to develop other sectors but to also attract more tourists from markets other than Britain to Algarve, Marques said. "We need to diversify...but we will work to guarantee the Algarve continues to welcome all British people - no matter what happens with Brexit," Marques said. The tourism industry contributed about 15% to Portugal's gross domestic product in 2018, latest official data show. Though the sector all but collapsed due to the pandemic, with revenues sliding nearly 65% between January and September, Marques said residents opting to spend their holidays closer to home have lent a helping hand to the sector. "I believe domestic tourism is here to stay," she said. (Reporting by Catarina Demony; Editing by Andrei Khalip and Angus MacSwan)

This Became An Unwelcome Form Of DÃ jÃ Vu For Steven Gerrard

2020-12-30T07:31:44Z

Kisha2577441910: Created page with "This became an unwelcome form of déjà vu for Steven Gerrard. One that again left him nursing a strange mix of pride and [https://kynghidongduong.vn/blog/le-hoi-hoa-tam-g..."

This became an unwelcome form of déjà vu for Steven Gerrard. One that again left him nursing a strange mix of pride and [https://kynghidongduong.vn/blog/le-hoi-hoa-tam-giac-mach-ha-giang-va-nhung-diem-check-in-voi-hoa-dep-nhat.html kynghidongduong.vn] frustration. Just as they had done earlier this month, [https://kynghidongduong.vn/blog/le-hoi-hoa-tam-giac-mach-ha-giang-va-nhung-diem-check-in-voi-hoa-dep-nhat.html hà giang] his side spurned a two-goal lead against big-spending Benfica to end with a draw when victory had been within their tightening grasp. Rangers had one foot in the last 32 when Kemar Roofe's brilliant goal on 69 minutes seemingly quelled the threat of the Lisbon giants. We should have known better. With a full complement of 11 men this time, they set about [http://photobucket.com/images/keeping keeping] Group D in a state of flux. Scott Arfield lashed in the first goal after Roofe and Tavernier's efforts were kept out RELATED ARTICLES [# Previous] [# 1] [# Next] [/sport/football/article-8991275/Sparta-Prague-4-1-Celtic-Julis-Hancko-punish-slack-defending-pile-pressure-Lennon.html Sparta Prague 4-1 Celtic: Bhoys crash out of Europa League...] [/sport/football/article-8990633/Molde-vs-Arsenal-Europa-League-live-score-lineups-updates.html Molde 0-3 Arsenal RESULT: Gunners progress to knockout...] [/sport/football/article-8991355/Braga-3-3-Leicester-Jamie-Vardy-scores-minute-equaliser-Foxes-progress-16.html Braga 3-3 Leicester: Jamie Vardy scores last-minute...] [/sport/football/article-8991557/Harry-Winks-lobs-Ludogorets-goalkeeper-56-YARDS-Tottenham-win-did-mean-it.html Harry Winks lobs Ludogorets goalkeeper from 56 YARDS out in...] Share this article Share <div class="art-ins mol-factbox floatRHS sport" data-version="2" id="mol-b4f859a0-304a-11eb-b055-a5d8f033e1d9" website 2-2 Benfica: Gerrard's side let slip two-goal lead

Portugal apos;s Year-on-year Jobless Numbers Jump 34 In October

2020-12-30T03:41:33Z

Kisha2577441910: Created page with " LISBON, Nov 19 (Reuters) - The number of people registered as unemployed in Portugal was 34.5% higher in October from a year ago due to the impact of the coronavirus pande..."

LISBON, Nov 19 (Reuters) - The number of people registered as unemployed in Portugal was 34.5% higher in October from a year ago due to the impact of the coronavirus pandemic, with the tourism-dependent Algarve region suffering the hardest blow, official data showed on Thursday. The total of those officially without a job rose to 403,554 people, [http://search.un.org/search?ie=utf8&site=un_org&output=xml_no_dtd&client=UN_Website_en&num=10&lr=lang_en&proxystylesheet=UN_Website_en&oe=utf8&q=meaning&Submit=Go meaning] more than 100,000 jobs have been lost across the nation since October 2019, the Institute for Employment and Vocational Training said. In the southern Algarve, famous for [https://kynghidongduong.vn/blog/le-hoi-hoa-tam-giac-mach-ha-giang-va-nhung-diem-check-in-voi-hoa-dep-nhat.html hoa tam giác mạch] its beaches and golf courses, the number of registered jobless rose 134% to 24,088 last month from a year ago. Though the year-on-year figures showed a huge jump, the number of those registered as jobless fell 1.6% in Portugal as a whole in October compared to the previous month. Around 72% of the newly unemployed worked in the services sector including restaurants and [https://kynghidongduong.vn/blog/le-hoi-hoa-tam-giac-mach-ha-giang-va-nhung-diem-check-in-voi-hoa-dep-nhat.html kynghidongduong.vn] retail stores, now open but that were shut during a six-week lockdown earlier this year. The government expects the unemployment rate, which had gradually fallen to record lows during the recovery, to rise to 8.7% this year due to the pandemic, but experts say the actual jobless level would be much higher as the official rate does not include those who stopped looking for jobs. The coronavirus outbreak, so far numbering 235,015 confirmed cases and 3,632 deaths, is set to hammer Portugal's economy. The government expects gross domestic product to contract by 8.5% this year, which would be the worst slump in almost a century. ([http://news.sky.com/search?term=Reporting Reporting] by Catarina Demony; Editing by Angus MacSwan)

User:Kisha2577441910

2020-12-30T03:40:52Z

Kisha2577441910: Created page with "I'm Kisha and was born on 21 September 1984. My hobbies are Baking and Gaming. Also visit my website ... [https://kynghidongduong.vn/blog/le-hoi-hoa-tam-giac-mach-ha-gi..."

I'm Kisha and was born on 21 September 1984. My hobbies are Baking and Gaming. Also visit my website ... [https://kynghidongduong.vn/blog/le-hoi-hoa-tam-giac-mach-ha-giang-va-nhung-diem-check-in-voi-hoa-dep-nhat.html hoa tam giác mạch]