Sales

Japan corporate cleanup fuels appetite for record debt sales
Japan corporate cleanup fuels appetite for record debt sales
July 30, 2024
CORPORATE governance reforms that have underpinned a nearly US$2 trillion rally in Japanese stocks are increasing the draw for investors in credit.Japanese corporate US dollar bonds have been outperforming...
Lululemon slides as sales pause on new product spooks analysts
Lululemon slides as sales pause on new product spooks analysts
July 25, 2024
LULULEMON Athletica shares dropped to their lowest level in four years as analysts raised fresh concerns about the company’s ability to hit financial targets due to ongoing product execution...
Hermes sales jump as Birkin bag maker outperforms peers
Hermes sales jump as Birkin bag maker outperforms peers
July 25, 2024
HERMES sales jumped in the second quarter as the Birkin bag maker weathered the luxury demand slowdown better than peers, thanks to its reliance on the wealthiest clients.Revenue at...
Nasdaq profit beats estimates as fintech sales soar
Nasdaq profit beats estimates as fintech sales soar
July 25, 2024
Revenue from its financial technology unit soared nearly 79 per cent to US$420 million in the second quarterNasdaq beat estimates for second-quarter profit on Thursday (Jul 25), driven mainly...
Nestle, Unilever sales disappoint as consumers remain wary of high prices
Nestle, Unilever sales disappoint as consumers remain wary of high prices
July 25, 2024
Nestle and Unilever may be raising prices more slowly, but it has not been enough to win back some cost-conscious customers, with the consumer goods giants delivering disappointing first-half...
LG Energy slashes sales target after earnings miss estimates
LG Energy slashes sales target after earnings miss estimates
July 25, 2024
LG ENERGY Solution slashed its annual sales target and second-quarter earnings missed analyst estimates, as the South Korean battery maker grapples with slowing demand for electric vehicles (EVS).  Sales...
Nippon Steel exits Chinese venture on falling Japanese car sales
Nippon Steel exits Chinese venture on falling Japanese car sales
July 24, 2024
NIPPON Steel will exit a joint venture in China as its top customers – Japanese automakers – struggle to maintain market share in Asia’s biggest economy. Baoshan Iron & Steel...
Aston Martin’s Q2 profit beats market view on special model sales
Aston Martin’s Q2 profit beats market view on special model sales
July 24, 2024
BRITISH luxury carmaker Aston Martin reported forecast-beating second-quarter profits on Wednesday (Jul 24), powered by stronger sales to dealers of some exclusive models, as it reiterated guidance for hefty...
Lamborghini unveils hybrid supercar in South Korea, sees strong sales
Lamborghini unveils hybrid supercar in South Korea, sees strong sales
July 24, 2024
LAMBORGHINI forecast another year of strong sales in South Korea – where it posted record deliveries last year – as it introduced its new plug-in hybrid supercar to the...
US high-grade bond sales post biggest July in six years
US high-grade bond sales post biggest July in six years
July 24, 2024
BLUE-CHIP companies sold bonds this month at the fastest rate for any July in six years, harnessing strong demand from investors looking to lock in high yields before the...