Hermès Sales Growth Slows to 7.2 Percent in Q1
PARIS – Amid the luxury slowdown, Hermès International showed continued strength with sales in the first quarter up 7 percent at constant exchange rates to 4.13 billion euros. The numbers…
Tag
Growth
Swiss Watch Exports Return to Growth As China Slump Slows In March
PARIS — Is it the inflection point for Swiss watches? Exports in March grew by 1.5 percent in value to 2.1 billion Swiss francs despite a 4.8 percent slump in volume, according to figures…
Moncler Group Q1 Revenue Up 1% to 829M Euros, Driven by DTC Growth and Asian Market Strength
MILAN — Moncler Group first-quarter revenue beat expectations rising 1 percent to 829 million euros, compared with 818 million euros in the same period last year. The performance was…
Brunello Cucinelli Posts Growth in Q1, Cites Solid Upward Trend in April
MILAN — Even in an economic downturn, Brunello Cucinelli seems to stay in style. In its first-quarter results, the Solomeo-based company showed that sales momentum shows no signs of…
Gold hits record high on economic growth concerns
Gold prices raced to an all-time high on Wednesday (Apr 16), driven by a weaker US dollar, trade war tensions and concerns over global economic growth due to US President Donald Trump’s…
Marco Polo Marine bets on renewables for future growth
THE pivot to the renewable energy sector for Macro Polo Marine (MPM) was something that CEO Sean Lee has been pondering for a while. In the quest to turn around the business as oil and gas…
How foreign workers helped spur Spain’s rapid economic growth
Inside a cavernous production plant in Spain, people from 62 nationalities work side by side to keep a food company humming as millions of legs of ham travel on hooks along conveyor belts.…
How great leaders turn failure into fuel for growth
As a leadership advisor, I’ve worked with countless executives who wrestle with failure—some fearing it to the point of paralysis, others glorifying it without extracting real lessons.…
Arc’teryx Fuels Growth at Parent Amer Sports in Q4, Year
Driven by the strength of its Arc’teryx brand, Amer Sports reported a strong end to its fiscal year with sales up in the double digits and a return to profitability. But the company warned…
A Derm Just Told Me This Under-Hyped Ingredient Can Replace My Growth Factor and Exosome Serums
Skincare can be so confusing these days. With so many emerging ingredients on the market, it's hard to know which ones are right for you to prevent premature aging, repair damage, and keep…
EXCLUSIVE: At Paris Fashion Week, Matter and Shape Doubles Exhibitors, Eyes Growth in New Cities
Envisaged as a key design event to draw a diverse fashion crowd during the hustle of Paris Fashion Week, Matter and Shape has doubled in size from 32 exhibitors to almost 60 and is mulling…
Growth in global private equity deal flow may be slower than expected this year: Preqin
INVESTORS forecasting a quick uptake in global private equity (PE) activity this year may be disappointed, especially if the gap in pricing expectations between buyers and sellers…
Swiss Watches Exports Returned to Growth in January
PARIS – Could the Swiss watch industry’s woes be over in 2025? Export of timepieces returned to growth in January, according to figures published Thursday by the Federation of the Swiss…
UOB looks to ‘resilient’ Asean to continue to drive growth as Q4 profit beats estimates
UOB remains confident that Asean economies will be resilient and continue to expand, even as the outlook remains uncertain amid ongoing geopolitical tensions and tariff concerns. While US…
From At-home Devices to Fragrance Mists: Prestige Beauty’s Top 10 Growth Categories, Ranked
What were prestige beauty‘s top sales growth categories in 2024? Data from commerce insights platform Daash Intelligence shows that at-home devices, fueled by growth in light therapy and…
Maybank upgrades Singtel’s AIS to buy, raises price target on further profit growth expectations
Maybank Securities upgraded Singtel’s Thai associate Advanced Info Service (AIS) to “buy” from “hold”, due to a strong outlook and healthy yields. Its optimism is on the back of…
Dove, Wellbeing Brands Drive Unilever Growth in 2024
LONDON – Unilever is expecting a “soft” start to the new year after reporting a 1.9 percent uptick in turnover to 60.8 billion euros in 2024. The consumer giant, parent of brands including…
South Korea’s tech exports lose growth momentum as risks rise
The outlook for chip sales is turning less optimistic this year as growth in shipments has slowed in recent months SOUTH Korea recorded a contraction in technology exports for the first…
CBA’s first-half profit beats estimates on strong asset quality, lending volume growth
COMMONWEALTH Bank of Australia’s (CBA) first-half cash earnings beat estimates on Wednesday (Feb 12), as lending volume growth and lower provisions for bad debts offset higher technology…
Expect growth opportunities from more regional trade amid US tariffs: DBS
EVEN though the Trump administration may cause global volatility, DBS expects to gain from more intra-regional trade as a result of US tariffs, said deputy chief executive and CEO…
TSMC January sales growth slows after DeepSeek roils market
TSMC’s outlook is overshadowed by US President Donald Trump’s threats to slap tariffs on semiconductor imports TAIWAN Semiconductor Manufacturing Company’s (TSMC) sales growth decelerated…
China Insight: Can Fashion Brands Return to Growth During the Chinese New Year?
According to the annual consumption data for 2024 released by the National Bureau of Statistics of China, in the past year Chinese consumers’ consumption of nonessential categories such as…
U.S. job market looks uncertain, despite decent growth at start of 2025
The U.S. labor market probably started 2025 the way it spent most of last year: generating decent, but unspectacular, job growth. When the Labor Department releases January employment…
Vietnam sets ambitious nuclear power goals to help fuel growth
VIETNAM formally approved a nuclear power development plan with the aim of having a reactor online in the next decade, an ambitious strategy to lift energy security and meet aggressive…