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Edited Transcript of AMP earnings conference call or presentation 7-May-20 1:00pm GMT

MINNEAPOLIS May 9, 2020 (Thomson StreetEvents) — Edited Transcript of Ameriprise Financial Inc earnings conference call or presentation Thursday, May 7, 2020 at 1:00:00pm GMT

* Alicia A. Charity

Ameriprise Financial, Inc. – SVP of IR

* James M. Cracchiolo

Ameriprise Financial, Inc. – Chairman & CEO

* Walter S. Berman

Ameriprise Financial, Inc. – Executive VP & CFO

Sandler O’Neill + Partners, L.P., Research Division – Former MD of Equity Research

* Suneet Laxman L. Kamath

Welcome to the First Quarter 2020 Earnings Call. My name is Sylvia, and I’ll be your operator for today’s call. (Operator Instructions) Please note that this conference is being recorded. I will now turn the call over to Alicia Charity. Alicia, you may begin.

Alicia A. Charity, Ameriprise Financial, Inc. – SVP of IR [2]

Thank you, Sylvia, and good morning. Welcome to Ameriprise Financial’s first quarter earnings call. On the call with … Read More

Debenhams to permanently close five more stores across UK

Debenhams has announced that it will not reopen five of its stores once the nationwide lockdown is lifted.

It is understood that the permanent closures could result in up 1,000 staff losing their jobs.

Debenhams had struck deals with landlords to keep most of its 142 stores open after the struggling retailer fell into administration for the second time last month.

But it failed to secure deals for its stores at the Bullring in Birmingham, The Oracle in Reading, Centrale in Croydon, Highcross in Leicester, and Silverburn in Glasgow.

All five outlets will close as a result.

Debenhams said in a statement seen by The Independent: “We can confirm that despite our best efforts, we have been unable to agree terms with Hammerson on our five stores in its shopping centres, and so they will not be reopening.

“We continue to engage in constructive talks with our landlords and

Read More

Hugo Boss expects 50% sales drop next quarter as crisis impact worsens

By Emma Thomasson

BERLIN (Reuters) – Hugo Boss is seeing signs of a sales rebound in China and online, but expects the impact of the coronavirus crisis to worsen before any recovery kicks in after first quarter sales fell by 17%, which knocked its shares.

Although Hugo Boss has begun reopening stores in Germany and Austria in recent weeks, its chief executive Mark Langer said shoppers were still few and far between in German cities.

The company expects second quarter sales to fall by at least 50% as three quarters of its stores are still closed. But is confident the retail environment will gradually improve from the third quarter of the year, supporting sales and earnings.

Hugo Boss said online sales jumped 39% in the first quarter to account for 11% of total sales and accelerated again strongly in April, with sales more than doubling on its own site and

Read More

Edited Transcript of THG earnings conference call or presentation 29-Apr-20 2:00pm GMT

Worcester May 2, 2020 (Thomson StreetEvents) — Edited Transcript of Hanover Insurance Group Inc earnings conference call or presentation Wednesday, April 29, 2020 at 2:00:00pm GMT

The Hanover Insurance Group, Inc. – Executive VP & CFO

The Hanover Insurance Group, Inc. – President, CEO & Director

The Hanover Insurance Group, Inc. – VP of IR & Financial Planning

The Hanover Insurance Group, Inc. – Executive VP & President of Hanover Agency Markets

Good day and welcome to The Hanover Insurance Group’s First Quarter 2020 Earnings Conference Call.

My name is Cole, and I will be your operator for today’s call. (Operator Instructions) Please note this event is being recorded.

I would now like to turn the conference over to Oksana Lukasheva. Please go ahead.

Oksana Lukasheva, The Hanover Insurance Group, Inc. – VP of IR & Financial Planning [2]

Thank you, operator. Good morning, and thank you for joining us … Read More