Retailers

Gebr. Heinemann reports solid 2019 but warns dramatic slump in travel will produce severe losses in 2020

Gebr. Heinemann closed 2019 with turnover up 5.3%, from 4.6 to 4.8 billion euros. But the COVID-19 pandemic, which caused a dramatic slump in the travel market in the beginning of March, brought about severe losses for the family business in 2020. ‚ÄúDuring our long-standing history we have seen many crises. This gives us some […]