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The MQ puts the ' Joy ' out of business – ask the owners for more

the ERROR it's hard, coronakrisen does not make things better, even if it is not visible in the figures yet. In the past, already is clothing line greatly, and

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The MQ puts the ' Joy ' out of business – ask the owners for more

the ERROR it's hard, coronakrisen does not make things better, even if it is not visible in the figures yet. In the past, already is clothing line greatly, and the management have also tried to rearrange the organization and to change its name to the Marqet.

the Loss, before taxes, were landed at 287 million, for the broken the close of the fiscal second quarter, ended in February. After all, it was far, far better, as compared to the loss of 529 million kronor in the corresponding period of the previous year. The results were affected by a write-down of intangible fixed assets of 192 million euros.

it fell to 382 million euros, down from 424 million.

Coronavirusets dissemination has so far mainly resulted in ”minor delays”.

”Coronavirusets the impact on the market is, of course, is something that we are not yet fully able to foresee, however, the combination of an uncertain economy are likely to affect consumers ' behaviour”, said the MQ's ceo, Ingvar Larsson in a statement.

the board of directors to the subsidiary company, with Joy, with 40 stores, is declared bankrupt or the company is insolvent and is not expected to be able to turn the tide within a reasonable period of time, motivation, management decision, which is at the same time, the owners of a new issue of shares, to draw up to 250 million Swedish crowns for the company.

with less than 50 per cent of the shareholders have promised to vote in favour of the rights issue at the extraordinary general meeting of shareholders on april 20, according to a news release.

for more information, see a decrease in sales to the ERROR.

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