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Onward Forecasts 2nd Straight Year of Net Loss

Onward Forecasts 2nd Straight Year of Net Loss

   Tokyo, Oct. 10 (Jiji Press)--Japanese apparel maker Onward Holdings Co. <8016> said Friday it expects to post a second straight year of net loss for the year ending in February 2021 due to the impact of the coronavirus pandemic.
   The pandemic has weighed on sales of Onward products at department and other brick-and-mortar stores, though online sales are strong, the company said.

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AFP-JIJI PRESS NEWS JOURNAL


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