31 July 2025
31 July 2025
The closure reflects China’s shifting retail landscape, as more consumers turn to online shopping, causing traditional malls to lose foot traffic.
North America's sales saw a 10% fall and Asia-Pacific's 19% - both improved from the previous quarter - but Western Europe's fell 17% and Japan's 29%.
The company expects its operating profit to reach between €1.7bn and €1.8bn in 2025.
This technology is now operational in Copperas Cove, Texas and Laramie, Wyoming.
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