A recovery in the demand for sporting goods products in Norway and Finland has led XXL to cancel all the temporary layoffs that it had announced on March 23 due to a considerable sales decline caused by the Covid-19 situation. Sales normalized in April and have picked up recently especially in the area of fitness, cycling and golf, according to a company spokesman. Around 1,000 employees of XXL in Norway and 450 in Finland will be able to return to their jobs in the course of June, starting on June 1 in Norway. In both countries, government authorities have secured partial payment of their wages during the layoffs. Employees of XXL in Sweden have not been furloughed because the government allowed all retailers to continue to operate as before, although many closed down their stores due to poor demand for their products. XXL’s announcement led to a 22 percent jump in its share price.
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