Retail stakes proved costly for Demant during first coronavirus lockdown

Hearing aid company Demant's business model has emphasized buying retail firms and other companies, as well as owning retail stores. During the first Covid-19 lock-down this was a costly affair.
Demant President & CEO Søren Nielsen | Photo: Kenneth Lysbjerg Koustrup/Jyllands-Posten/Ritzau Scanpix
Demant President & CEO Søren Nielsen | Photo: Kenneth Lysbjerg Koustrup/Jyllands-Posten/Ritzau Scanpix
BY ALBERT RØNNING-ANDERSSON, TRANSLATED BY NIELSINE NIELSEN

"Closed due to Covid-19".

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