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Industria de Diseño Textil S A : Inditex 2020 Sales, Profit Fall Amid Store Closures; Sees Continued E-Commerce Growth


By Joshua Kirby
Industria de Diseno Textil SA said Wednesday that sales and earnings fell in 2020, but that e-commerce grew sharply and it will pay a dividend for the year.
Sales at the Spanish retailer came to 20.40 billion euros ($24.28 billion) in 2020, down 28% from 2019. Earnings before interest, taxes, depreciation and amortization were down 40% at EUR4.55 billion, while net income fell 70% to EUR1.11 billion.
The owner of Zara and other fashion brands said performance was affected by pandemic-related store closures, but that e-commerce sales boomed by 77% to reach EUR6.6 billion in the year. Online sales are expected to continue to grow strongly in 2021 and beyond, Inditex said. ....

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Boondoggle or boon? Looking back at Whistler's hydrogen-bus pilot and why it failed


Boondoggle or boon? Looking back at Whistler’s hydrogen-bus pilot and why it failed
Published March 10, 2021
BC Hydro/Handout
When the world came to Whistler in 2010, it got a glimpse of a hydrogen-powered future.
In time for the Olympics, the resort town got a fleet of 20 hydrogen fuel-cell buses.
Four years after the games, the zero-emissions fleet was sold and replaced with natural-gas-powered buses.
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Critics called it a $94-million boondoggle.
But Whistler’s pilot paved the way for more than 3,000 hydrogen buses on roads worldwide today, even though we don’t have any in Canada yet, a hydrogen industry expert said. ....

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Women in Love: 'The World to Come' Is Filled With the Wild Excitement of Romance


Women in Love: The World to Come Is Filled With the Wild Excitement of Romance
Women in Love: The World to Come Is Filled With the Wild Excitement of Romance
Vanessa Kirby is utterly magnetic in director Mona Fastvold s 19-century historical drama focused on the desire between women
K. Austin Collins, provided by
March 7, 2021
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You smell like biscuits. Of all the details comprising Tallie and Abigail’s first kiss in Mona Fastvold’s
The World to Come, this reaction, which comes from Abigail, may be the most surprising and disarming moreso, even, than the fact that it’s a kiss between two married women in 19th-century America. It’s a covert but not wholly unexpected gesture between wives whose passions seem only to spring to life while their husbands are away. It’s a surprising line, in part, for containing so much. ....

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