Sales
Samba, Gazelle shoes help drive Adidas sales while North America lags
Sales growth in Europe and China helped drive Adidas’ strong first-quarter results, while North America was a weak spot as retailers remain overstocked, the German sportswear brand said on...
Computer parts maker Logitech Q4 sales rise; first positive quarter in over two years
LOGITECH International increased its sales during its fourth quarter, the computer peripherals maker said on Tuesday (Apr 30), snapping two-and-a-half years of sales downturns after a pandemic-driven boom.The maker...
Huawei’s smart car tech offers automakers route to China sales
IT IS taken Huawei just four years to become a force in smart car technology, navigating the devastation of trade sanctions on its smartphones business while simultaneously developing a...
Google parent announces first-ever dividend; beats on sales, profit; shares soar
ALPHABET announced its first-ever dividend on Thursday (Apr 25) and a US$70 billion stock buyback, cheering investors who sent the stock surging nearly 16 per cent after the bell.The...
Nestle sales growth sputters on US slump, vitamin snags
NESTLE sales growth sputtered in the first quarter as the maker of Nespresso coffee was hit by cooler demand in North America and supply constraints at its vitamins unit.
Sales...
Hermes Q1 sales jump 17% on strong China demand
BIRKIN bag maker Hermes reported a 17 per cent surge in first-quarter sales on Thursday (Apr 25), sustaining a rapid growth rate from the previous quarter including in China,...
Toyota hits record annual output, sales on robust demand
TOYOTA Motor said on Thursday (Apr 25) its global sales and production hit record highs in the year ended Mar 31, supported by robust demand and the absence of...
Battery firm LG Energy Solution Q1 profit plunges on weak EV sales
SOUTH Korean battery firm LG Energy Solution (LGES) posted on Thursday (Apr 25) a 75 per cent drop in quarterly profit, hit by weakening demand from electric vehicle (EV)...
