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A growing number of pessimistic investors are betting that Myer will collapse in the coming months, following a sharp fall in sales due to the pandemic.
Velocity Rewards, the frequent flyer program of Virgin Australia, has requested that Virgin Australia repay the $150m it owes to Velocity and its members.
According to Unilever, one of the world’s largest personal care product companies, lockdown has resulted in a significant drop in personal grooming.
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