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Hermes Sales Rise 11% Despite Luxury Slowdown
Hermes reported a rise in sales for the third quarter but looking ahead, it cautioned about global economic, geopolitical and monetary uncertainties.Business - The Wall Street Journal - October 24 -
Danone Sales Growth Beats Market Expectations
The French food company confirmed its full-year guidance after a strong performance in North America and robust growth in sales volumes helped it deliver higher-than-expected organic revenue growth ...Business - The Wall Street Journal - October 24 -
Lonza Sees Accelerating Sales Growth in Final Quarter
The Swiss life-sciences company said it expected accelerated sales growth in the fourth quarter on the back of the timing of product releases and the ramp-up of its new acquired manufacturing ...Business - The Wall Street Journal - October 24 -
Hermès defies luxury gloom with strong sales
Paris house posts solid growth in contrast to rivals Kering and LVMHBusiness - Financial Times - October 24 -
Hermes outperforms rivals as sales climb in the third quarter
Luxury goods group Hermes International outperformed rivals as it grew sales despite headwinds in China.Business - MarketWatch - October 24 -
Mercedes-Benz and Porsche look for cost cuts after China slump hits profits
German carmakers exposed to Asian nation’s economic malaise after benefiting from its booming auto marketBusiness - Financial Times - October 25 -
Sanofi Earnings Boosted by Early Vaccine Sales
The pharmaceutical company reported third-quarter earnings and sales that beat analysts’ expectations, boosted by earlier-than-anticipated deliveries of flu and respiratory syncytial virus vaccines ...Business - The Wall Street Journal - October 25 -
The Key to Boosting Sales: Identifying and Converting Non-Customers
Not everyone is a customer. And you need to examine the types of non-customers you have to understand why.Business - Inc. - October 26 -
How Amazon Sellers Can Boost Their Holiday Sales
Cyber Week should be brands’ top priority this holiday season. These strategies can help.Business - Inc. - October 28 -
FirstFT: Twin scandals hit PwC’s Asia profits
Also in today’s newsletter, the fallout from the Madison Square Garden rally and what happened to Project 2025?World - Financial Times - October 29 -
For Sale: A Painting the Monuments Men Rescued From the Nazis
The portrait by a French court painter is one of three displayed in a photo that came to depict the efforts of a U.S. Army unit that tracked legions of looted art.Top stories - The New York Times - October 28 -
McDonald’s suffers second straight decline in quarterly sales
US fast-food chain hit by weakness in international markets as it promotes more discount mealsBusiness - Financial Times - October 29 -
McDonald’s Seeks to Resolve E. Coli Crisis and Return Focus to Value
The fast-food giant’s earnings results did not reflect the potential fallout from an E. coli outbreak that the company said it moved quickly to contain.Business - The New York Times - October 31 -
Volkswagen profit plunges 64% as China sales slide
Europe’s largest carmaker highlights ‘urgent need’ for cost reductions and efficiency gainsBusiness - Financial Times - October 30 -
GSK cuts vaccine sales target on reduced demand
U.K. drugmaker GSK on Wednesday cut its vaccine sales guidance for the year after what it called lower-than-expected demand.Business - MarketWatch - October 30 -
BYD quarterly sales beat Tesla for first time
Warren Buffett-backed Chinese carmaker’s revenues surge 24 per cent but fierce competition slims marginsBusiness - Financial Times - October 30 -
The Coolest Batman Lego Sets On Sale Right Now
While many superheroes have gotten the Lego treatment, few have been featured in as many sets as Batman. From large-scale scenes featuring a bunch of minifigures to highly detailed models, there ...Tech - GameSpot - October 30 -
Biogen’s stock hit by soft sales of Alzheimer’s treatment
“We continue to see momentum with ongoing product launches and we are increasingly excited about the potential of our pipeline,” the company’s CEO said.Business - MarketWatch - October 30 -
EU to pursue Temu for alleged sale of illegal products
Consumer groups have raised concerns about toxic goods sold on platformWorld - Financial Times - October 30 -
Stellantis hit by sales slide in US and Europe
Fiat, Jeep and Peugeot owner suffers 27% drop in third-quarter sales but signals improvement to US inventoryWorld - Financial Times - October 31 -
Jeep maker Stellantis reports 27% drop in sales
Stellantis reported a 20% drop in its shipments driven by major slumps in both Europe and North AmericaBusiness - MarketWatch - October 31 -
Carlsberg Misses Sales Expectations on Weak Consumer Backdrop
The Copenhagen-based brewer didn’t meet revenue and sales volumes expectations due to a poor performance in China and other countries, but reiterated its full-year guidance.Business - The Wall Street Journal - October 31 -
Sick man of Europe? Germany’s bosses sound alarm on staff illness
Studies claim that fewer sick days would have stopped the country’s economy shrinking last yearBusiness - Financial Times - November 1 -
Novo Nordisk's Wegovy Sales Beat Expectations
The pharmaceutical giant’s blockbuster weight-loss drug beat sales expectations in the third quarter, sending shares higher in early trade.Business - The Wall Street Journal - 2 days ago -
Henkel Backs Guidance After Sales Rise
The German chemical and consumer-goods company, which owns brands including Persil and Schwarzkopf, reported higher sales and backed expectations for the year.Business - The Wall Street Journal - 2 days ago -
Pandora Narrows Sales View as Revenue Rises
The Danish jeweler now sees 2024 sales coming in toward the high end of its previous forecast despite a sluggish environment for luxury goods.Business - The Wall Street Journal - 2 days ago -
Honda Motor Cuts Forecasts for Car Sales, Profit
The Japanese automaker cut its annual forecasts for car sales and net profit after posting a drop in first-half earnings due partly to weakness in its auto business in China.Business - The Wall Street Journal - 2 days ago -
Nissan to lay off thousands of workers as sales drop
The Japanese car making giant has not yet said where in its global operations the job cuts will be made.Top stories - BBC News - 17 hours ago -
Richemont Sales Fall as Luxury's China Woes Linger
The Cartier owner said weaker consumer spending in China hit sales as a luxury downturn that is hurting most of the players in the industry rumbles on.Business - The Wall Street Journal - 15 hours ago -
Reeves cuts National Wealth Fund budget despite UK investment drive
Chancellor’s decision comes as government seeks to work with private sector to decarbonise economyBusiness - Financial Times - October 14 -
Ferrari F80 2024: Specs, Price, Availability
The stats are staggering: 0 to 62 mph in just 2.1 seconds, 1,000 kilos of downforce at 155 mph, Formula One tech throughout. But the most interesting thing about this jaw-dropping hyperhybrid is ...Tech - Wired - October 17 -
Netflix raises prices as boost from password crackdown fades
The streaming giant will charge subscribers more in some countries to fuel growth.Top stories - BBC News - October 18 -
Labour discovers price of freebies in our democracy
Journalists are right to raise questions over Starmer’s Taylor Swift meeting and acceptances from donorsWorld - Financial Times - October 18 -
Egypt increases fuel prices by 10% to 17%
Egypt has raised fuel prices by between 10% and 17%, a move likely to impact the cost of both goods and servicesWorld - ABC News - October 18 -
CVS replaces CEO as profits, share price suffer
Longtime CVS Health executive David Joyner has replaced Karen Lynch as CEO, as the company struggles to drive higher profits and stock performance, CVS announced Friday.Top stories - NBC News - October 18 -
At London Pen Shows, Collectors Seek ‘Art of the Highest Quality’
For collectors and enthusiasts at the London Pen Show, the finest writing instruments can cost thousands of dollars. As one dealer put it, “This is art of the highest quality.”Lifestyle - The New York Times - October 22