Sales
Suntec Reit sees subdued retail sales, expects office, retail tenants to hold off expansion plans
[SINGAPORE] Office and retail tenants are expected to hold off on their expansion plans amid uncertainty over the impact of US tariffs, said the manager of Suntec real estate...
Nestle sales rise on price hikes for coffee, cocoa products
[BERN] Nestle’s sales rose as the maker of Nespresso and KitKat candy bars increased prices to counter soaring costs for coffee and cocoa. Revenue grew 2.8 per cent on an...
Kering sales drop more than expected in first quarter as Gucci crisis deepens
[PARIS] The crisis at Kering’s flagship Gucci label deepened in the first quarter, the company said on Wednesday (Apr 23) as it flagged possible job cuts with no signs...
Sales Automation: Robot Takeover or Helper?
In today’s fast-paced business world, companies are constantly looking for ways to streamline their processes and improve efficiency. Sales force automation tools are at the forefront of this movement,...
Nvidia CEO visits Beijing after US bars chip sales to China
[HONG KONG] Nvidia chief executive officer Jensen Huang arrived in Beijing on Thursday (Apr 17), shortly after the Trump administration barred the company from selling H20 artificial intelligence (AI)...
Luxury brand Hermes to pass on tariff costs to US clients as sales growth slows
[PARIS] France’s Hermes will fully shift the burden of tariffs in the US to its wealthy clientele, the company said on Thursday (Apr 17), as it posted first-quarter sales...
Nvidia Faces $5.5 Billion Loss after US Bans Chip Sales to China
In an attempt to stay ahead in the global artificial intelligence race, the US government has been placing limits on what AI chips can be sold to countries like...
Temu, Shein see US sales surge ahead of small parcel tariff
[NEW YORK] Online shopping giants Temu and Shein saw their sales rebound in March and April as US shoppers stockpiled products such as makeup brushes and home appliances before...
