Sales
Starbucks suspends 2025 guidance after another sales slump
STARBUCKS pulled guidance for 2025 after sales plunged for a third consecutive quarter, calling attention to the scope of the problems facing new chief executive officer Brian Niccol.The coffee...
L’Oreal sales hurt by deepening demand slowdown in China
L’OREAL posted disappointing sales last quarter as the beauty company suffers from worsening consumer demand in China.Like-for-like sales in North Asia, which includes China, fell 6.5 per cent in...
China’s Singles’ Day sales festival fails to inspire consumers
CHINA’S largest shopping event is underway but most merchants and retail analysts expect flat or at best, tepid sales growth, noting consumers are still very much dispirited by the...
Automakers are mired in first Europe sales slump in two years
CAR sales in Europe fell in September for the first consecutive monthly decline in more than two years as the region’s economy continued to stagnate and consumers trimmed spending.New...
Logitech raises full-year outlook as sales and profit expectations climb
LOGITECH International raised its full-year outlook after a strong performance and a growth in demand in the second quarter, the computer keyboard and mouse maker said on Tuesday (Oct...
SAP cloud sales jump as software giant lures clients with AI
SAP’s cloud revenue grew by 25 per cent in the third quarter as Europe’s biggest software company worked to transition customers away from locally run systems with the promise...
BYD bets on Brazil agribusiness to drive hybrid pickup truck sales
BYD has launched its sixth model in Brazil this year, gambling that its hybrid pickup truck can take on the likes of Toyota Motor and Ford Motor in the...
BYD bets on Brazil agribusiness to drive sales of hybrid pickup truck
BYD has launched its sixth model in Brazil this year, gambling that its hybrid pickup truck can take on the likes of Toyota Motor and Ford Motor in the...