Turnaround
Gucci owner Kering turns to Renault CEO in turnaround bid
[ad_1] [PARIS] Kering is set to name the chief executive officer of Renault as its next CEO, looking to an Italian manager who’s turned around the French automaker to perform...
Starbucks reshuffles leadership to accelerate turnaround bid
[ad_1] [CHICAGO] Starbucks is reorganising part of its senior ranks, looking to speed up plans to reverse a sales slump.Mike Grams, hired last year as head of North America stores,...
Nomura’s China losses narrow as brokerage seeks turnaround
[ad_1] [NEW YORK] Nomura Holdings posted a smaller loss at its joint venture in China last year, as the brokerage seeks to turn around the business in the face of...
Starbucks Profit Drops, but Leaders Say Turnaround Is Working
[ad_1] Faster coffee. More baristas. More seating.Despite headwinds from higher coffee prices and tariffs on certain products, Starbucks is seeing progress on its turnaround strategy, its chief executive, Brian Niccol,...
Starbucks says turnaround on track as sales decline persists
[ad_1] [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...
Coupang Says Farfetch Turnaround Is Taking Root
[ad_1] LONDON — Farfetch turned a profit in the fourth quarter of 2024 and parent Coupang is confident that its turnaround strategy for the once-ailing company is taking root. Coupang,...
‘Worst is over’: Analysts bullish on Raffles Medical’s potential China turnaround; Maybank upgrades to ‘buy’
[ad_1] ANALYSTS have raised their target prices on private healthcare provider Raffles Medical amid expectations of an earnings recovery, which could be accelerated by a potential turnaround in the group’s...
Nike results beat low expectations; CEO warns turnaround will be a slog
[ad_1] NIKE’S results beat modest estimates on Thursday (Dec 19) and its shares jumped briefly, but the company soon dashed investor hopes and sent shares lower when a top executive...
Boeing CEO presses turnaround at embattled planemaker as contract vote looms
[ad_1] BOEING CEO Kelly Ortberg laid out a turnaround plan on Wednesday (Oct 23), including a push for a “fundamental culture change,” as the struggling planemaker grapples with a crippling...
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