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Shares of fashion retailers go out of fashion
3/24/2020 -
Retailers C&A, Hering, Marisa and Riachuelo have closed their stores indefinitely, and at least in the short term, clothing chains are unattractive to investors. The week should be a new wave of questioning as more cities across Brazil order citizens to stay at home.
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Marfrig will manufacture alcohol gel inside SP
3/24/2020 -
The food manufacturer Marfrig will start producing gel alcohol in a factory in Promissão, in the interior of São Paulo, to distribute in its factories and to nearby health institutions. With the coronavirus pandemic, the product used in hygiene is one of the most requested by companies and consumers.
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Malls estimate loss of R $ 15 billion per month with coronavirus
3/24/2020 -
With almost all shopping malls closed in the country due to the advance of coronavirus, the sector predicts losses of around 15 billion reais per month.
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Search for alcohol gel grows more than 5,000% on site that compares prices
3/24/2020 -
Since cases of coronavirus increased considerably in Brazil, searches for alcohol gel 70%, the most indicated to prevent the disease, jumped 5,152% on the platform that compares the prices of pharmacy items Consult Remedies. To date, the country has recorded 1,819 confirmed cases of the disease and 34 deaths.
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Managers launch philanthropic fund to invest in sanitation startups
3/24/2020 -
Amid the risk of coronavirus dissemination in poor sanitation and water availability regions, the Iguá Institute and Climate Ventures launched on Sunday (22), World Water Day, the Ipu fund – Water & Sanitation Venture Philanthropy, first venture philanthropy type initiative. It is a philanthropic and patient fund – in which the return on invested resources exceeds that of traditional ones – for investment in startups and or organizations that are focused on promoting significant changes in the s
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Piracy sets record in 2019 and should grow with isolation
3/24/2020 -
With the closure of formal trade, determined by several states to prevent the spread of coronavirus, piracy should grow in Brazil. The expectation is that illegal commerce will gain space with illegal downloads of movies and music, purchase of decoder stooches for the capture of cable TV channels and sale of products in e-commerce. According to the President of the National Forum Against Piracy and
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Need to stay at home raises Petland's revenueby 30%
3/24/2020 -
In the list of essential services, those that can stay open during the coronavirus epidemic, pet shops have done well. Petland Brasil's franchise network, for example, saw its revenues rise by an average of 30% last week in stores in 17 states. Sales through the platform, in which 40% of stores are, also increased by more than four times.
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Hastily, companies seek technology and prepare work in quarantine times
3/24/2020 -
After the new coronavirus pandemic was enacted, many companies without the culture of distance work faced the challenge of maintaining the company's day-to-day life in quarantine times, imposed by the need to stop the advance of the virus. After drawing up contingency plans, which even include notebook rentals, companies already project that some of the successful experiences, such as the home office in part of the week, can be adopted after the end of the crisis.
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Transactions Have High of 180%, Says ABComm
3/25/2020 -
Online stores recorded an increase of more than 180% in the volume of transactions, according to the Brazilian Association of Electronic Commerce (ABComm). The advance was determined in the categories of food, beverages, beauty and health. According to the survey, since February 24 - before the confirmation of the first case of Covid-19 in Brazil - until March 18, there was a 111% growth in online shopping in the health segment, 83% in beauty and perfumery and 80% in supermarket purchases , com
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Flow in Supermarkets of SP Has Slight Fall
3/25/2020 -
The movement in supermarkets showed a drop this weekend, compared to the last days of last week. The flow was 3% lower compared to last Thursday (19). But there was growth when the comparison is made with the carnival weekend (February 21, 22 and 23), according to a survey by the Paulista Association of Supermarkets - Apas. Another detail is that, according to the association, the supply of alcohol gel should be normalized soon, because industry is striving to meet the requests, especially afte
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Company Starts Manufacturing Alcohol gel
3/25/2020 -
Ypê, a manufacturer of cleaning and hygiene products, started producing gel alcohol to help combat the proliferation of Covid-19 in Brazil. With 330g, the product will be destined free of charge to its employees and health entities. To enable the manufacture of gel alcohol, the company adapted the factory, re-equated its production lines in Amparo (SP) and received donations from some suppliers. According to Ypê, the volume of production is conditioned to the receipt of inputs, such as thickene
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Indemnity paid by Samarco will be used to fight coronavirus in MG
3/25/2020 -
Part of labor compensation paid by the mining company Samarco because of the rupture of the Fundão dam in Mariana in 2015 will be allocated to municipalities, hospitals and health institutions for patient care and combating covid-19 in Minas Gerais.
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Startup will launch coronavirus exam in pharmacy for R $ 130 - or less
3/25/2020 -
With nearly 420,000 confirmed cases worldwide, coronavirus is the focus of the efforts of governments, health experts and several companies seeking treatment, a vaccine or ways to contain the spread of the virus. In Brazil — where there are more than 2,000 confirmed cases and 46 deaths — one of the concerns is getting enough tests to diagnose covid-19 in the population.
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Ypê will donate 21 tons of soap to residents of Paraisópolis
3/25/2020 -
Detergent manufacturer Ypê will donate 21 tons of bar soap to residents of the Paraisópolis favela in São Paulo. The volume, equivalent to 100,000 bars of the product, is sufficient to serve all families in the community for two months. The population of Paraisópolis is about 100,000 people.
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GM suspends outlook for 2020 and will withdraw $16 billion of credit line
3/25/2020 -
General Motors said Tuesday that it will withdraw about $16 billion from its credit lines in an attempt to increase liquidity amid the growing impact of the coronavirus outbreak on its business.
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