Microsoft posts strong results fuelled by cloud sales growth
Microsoft reported stronger-than-expected quarterly sales and profit growth, suggesting customer demand for cloud services has held steady despite a wave of new tariffs and economic…
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Sales
Prada Outlines Strategic Expansion Plans as Q1 Sales Gain 13%
MILAN — While reporting a 13 percent increase in revenues for Prada Group in the first quarter of the year, Andrea Guerra characterized the industry overall as being “in a reshuffle mode…
Miu Miu’s momentum powers Prada sales growth
Net revenues at Italian luxury group Prada rose 12.5 per cent at constant exchange rates in the first quarter, slightly above analysts expectations, thanks to a 60 per cent jump…
AIA Group’s value of new business jumps on strong Hong Kong sales
Kong-based insurer AIA Group reported a 13 per cent rise in its first-quarter value of new business (VONB) on Wednesday, bolstered by its regional unit, which saw strong…
Starbucks says turnaround on track as sales decline persists
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.…
Sheng Siong Q1 net profit up 6.1% to S$38.5 million on stronger sales
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 before. Revenue grew 7.1…
SMCP Sales Gain 2.6% in Q1 Amid Strategic Shift Away from China
PARIS – SMCP’s plan to decrease dependence on China is paying off, with first-quarter sales at the parent of Sandro and Maje rising 2.6 percent to 287 million euros at constant exchange…
Energy drink brand Alani Nu surpasses $1 billion in sales as the functional beverage craze keeps on soaring
Energy drink company Celsius Holdings announced today that its subsidiary brand, Alani Nu, has notched more than $1 billion in sales over the past 52 weeks—representing a head-turning…
‘Nepobaby’ From ‘Pørni’s’ Henriette Steenstrup Inks First Sales Ahead of Canneseries (EXCLUSIVE)
Canneseries’ Norwegian competition entry “Nepobaby,” showrun by Henriette Steenstrup (“Pørni”) and Siri Seljeseth (“Young & Promising”), has been picked up by Be.tv for Belgium and RÚV for…
Suntec Reit sees subdued retail sales, expects office, retail tenants to hold off expansion plans
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 investment trust (Reit).…
Rob Lowe, Crispin Glover and Roselyn Sanchez Horror ‘The Third Parent’ Boarded by HanWay, Sales Launching in Cannes (EXCLUSIVE)
HanWay Films has boarded “The Third Parent,” the upcoming horror starring Rob Lowe (“The West Wing,” St. Elmo’s Fire”) alongside Crispin Glover (“Back to the Future,” “River’s Edge”), and…
Nestle sales rise on price hikes for coffee, cocoa products
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 organic basis in the…
Edoardo Bussi Launches Production and Sales Company Twenty-Nine Palms Entertainment (EXCLUSIVE)
Former Amazon MGM Studios and GFM Films exec Edoardo Bussi has launched international production and sales company Twenty-Nine Palms Entertainment, which will debut at next month’s Cannes…
Tesla once made up a majority of EV sales in California—now it’s less than half
When it comes to electric vehicles in the U.S., California is by far the largest market: It accounts for nearly a third of the country’s EV sales. And for years, Tesla dominated this…
Nvidia CEO visits Beijing after US bars chip sales to China
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)…
L’Oréal Q1 Sales Rise 4.4% Amid Mounting Economic and Geopolitical Tensions
PARIS — L’Oréal’s first-quarter 2025 sales growth beat expectations amid a volatile market buffeted by economic and geopolitical pressures. A mixed effect was noted in the three months…
Luxury brand Hermes to pass on tariff costs to US clients as sales growth slows
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 that slightly missed…
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…
Temu, Shein see US sales surge ahead of small parcel tariff
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 tariff-led price…
Heineken's Q1 sales slightly beat forecasts
“...we are performing within the range of expectations,” says CEO Dolf van den Brink Source link
Habanero Film Sales Snags Tribeca Fest Puerto Rican Title ‘This Island’ (EXCLUSIVE)
Rio de Janeiro-based Habanero Film Sales has snagged worldwide rights to “This Island” (“Esta isla”), the feature debut of Lorraine Jones Molina and Cristian Carretero ahead of its world…
LVMH Shares Slip 8.2% After Q1 Sales Miss
PARIS — Shares in LVMH Moët Hennessy Louis Vuitton fell 8.2 percent in early trading Tuesday on the Paris bourse as investors reacted to disappointing first-quarter results. On Monday…
Apac Realty’s H2 profit halves to S$3.1 million as new home sales drop
REAL estate services player Apac Realty posted a 53.6 per cent fall in net profit to S$3.1 million for the six months ended Dec 31, 2024, hit by a fall in new home sales. The company’s…
Beiersdorf Expects Skin Care Sales to Decelerate in 2025
PARIS – Beiersdorf AG said Thursday that it expects organic growth to decelerate in 2025, due to a weaker demand for skin care. The German maker of Nivea, La Prairie and Chantecaille…