Sales
Starbucks says turnaround on track as sales decline persists
[CHICAGO] Starbucks’ chief executive officer said he’s confident the company’s turnaround is progressing even though a key gauge of sales declined faster than expected in the latest quarter.Same-store sales...
Sheng Siong Q1 net profit up 6.1% to S$38.5 million on stronger sales
[SINGAPORE] Supermarket operator Sheng Siong recorded a 6.1 per cent increase in net profit to S$38.5 million for the first quarter ended Mar 31, from S$36.3 million the year...
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...
