Retail Footfall Fell on Lower Tourism, Says Spinneys CEO
Dubai-listed Spinneys reported profit for 2Q of AED90.6 million. The retailer says revenue dipped slightly, hit by regional geopolitical tensions that disrupted supply chains and cut store footfall. Sunil Kumar, CEO of Spinneys spoke to Bloomberg’s Abeer Abu Omar on Horizons Middle East and Africa. (Source: Bloomberg)
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