Sales
Dollar jumps as retail sales confirm strong US economy
THE US dollar jumped to an 11-week high on Thursday (Oct 17) after data showed that US retail sales increased slightly more than expected in September, boosting confidence that...
US: S&P 500 opens at record high on retail sales data, chip stocks boost
Wall Street’s main indexes jumped on Thursday (Oct 17), with the S&P 500 notching up a record high as an upbeat forecast from TSMC boosted semiconductor stocks, while a...
Netflix’s 340% rally seen sputtering with sales growth past peak
AFTER a breakneck rally that added more than US$230 billion in value, Wall Street is indicating that peak Netflix may have arrived.
Shares in the streaming company soared almost 340...
China woes drag down Pernod Ricard first quarter sales
FRENCH spirits maker Pernod Ricard said it still expected to return to sales growth in the 2024/25 fiscal year, despite reporting a bigger-than-expected fall in first quarter sales, caused...
Nestle announces restructuring, misses nine-month organic sales forecast
NESTLE announced it is revamping senior leadership and its operating structure, cut its full-year sales outlook and reported worse-than-expected nine-month organic sales growth, after failing to raise volumes amid...
Trump’s crypto platform falters on first day of sales
FORMER US president Donald Trump’s cryptocurrency platform had a faltering sales launch Tuesday, with only a fraction of its digital tokens that went on the market finding a buyer.The...
LVMH sales fall 3% as China demand for luxury goods worsens
FRENCH luxury giant LVMH reported a 3 per cent fall in third-quarter sales on Tuesday (Oct 15), undershooting estimates in its first decline in quarterly sales since the pandemic...
LVMH third-quarter sales fall 3% as China weighs
FRENCH luxury giant LVMH reported a 3 per cent fall in third-quarter sales on Tuesday (Oct 16), its first decline in quarterly sales since the pandemic, as rising prices...
Sasseur Reit hits record 276.1 million yuan Golden Week sales as China’s domestic consumption surges
Sasseur Real Estate Investment Trust’s (Sasseur Reit) manager reported record-high aggregate sales of 276.1 million yuan (S$51 million) across its four outlets in China over the seven-day Golden Week...
