Coty Sees Sales Slip in Q1 as Gucci License Loss Looms
Coty Inc.‘s sales slipped in the first three months of fiscal 2026, the beauty company reported Wednesday, just weeks after it was revealed that it will lose the Gucci license. Net revenue…
Tag
Sales
McDonald's beats sales estimates as value meals pull in cautious diners
McDonald’s beat estimates for third-quarter global comparable sales on Wednesday (Nov 5) as affordable meal offers from the fast-food giant helped whet demand even as consumers remained…
Gérard Darel Plans Flagships in New York and London as Sales Flourish
LONDON — Gérard Darel, the French contemporary brand best known for its 24H bag, laid-back tailoring and rich leather pieces, is having a growth spurt with flagship openings planned on…
Tesla’s UK car sales halve in October, New Automotive data shows
TESLA’S UK car sales halved year-over-year in October, data from research group New AutoMotive showed on Wednesday, echoing the steep falls the US electric vehicle maker saw in other…
Shailene Woodley to Play Long-Distance Runner in Psychological Thriller ‘Ultra,’ Mister Smith and WME Independent Launching Sales at AFM
Shailene Woodley (“Divergent,” “Big Little Lies,” “Three Women”) is donning her running shoes for the upcoming ultramarathon-set psychological thriller “Ultra.” The film is being written…
No Change at Hugo Boss: Q3 Sales Down 1 Percent
Hugo Boss sales fell 1 percent, in currency neutral terms, in the third quarter, and totaled 989 million euros. The German menswear specialist’s sales have been steady most of this year,…
Nearly half of Cat A COEs go to EVs, which account for 43% of new sales so far in 2025
They also made up 45.6% of Category A certificate of entitlement (COE) registrations in 9M 2025 The adoption rate of electric vehicles (EVs) in Singapore is gathering pace, with EVs making…
Tokyo Fest Premiere ‘Double Happiness’ Boards Moebius for Asia-Pacific Sales
Hong Kong sales company Moebius Entertainment has boarded Taiwanese film “Double Happiness” for international sales across Asia-Pacific territories, following the film’s world premiere at…
Trump’s Takeover of Kennedy Center Leads to Stunning Sales Collapse
“Anyone who thought that there was some sophisticated strategy to try and intimidate Kim didn’t know the truth,” Taylor said. “Which was that, the president was freestyling. It was scaring…
US candy makers haunted by Halloween discounts as retailers scare up sales
US retailers are discounting some Hershey candy ahead of Halloween on Friday, the confectioner’s biggest holiday, after it hiked prices this summer due to cocoa inflation, according to…
Apple CEO forecasts holiday quarter iPhone sales that top Wall Street estimates
The company’s reliance on hardware sales has also left it with greater exposure to US President Donald Trump’s trade war with China. Apple chief executive Tim Cook on Thursday (Oct 30)…
Singapore’s gold buying spree fuels 47% sales jump in gold bars, coins as global demand hits record
Local demand for gold bars and coins rises 47%, but jewellery consumption slumps 8% Strong investor appetite in Singapore, which resulted in a 47 per cent year-on-year jump in demand to…
Puma to cut 900 jobs globally by 2026, initiates business U-turn after sales declines
Shrinking market share, weak demand and US tariffs prompt Puma to warn of annual loss German sportswear maker Puma on Thursday (Oct 30) said it would cut 900 jobs in its corporate…
Starbucks sales rebound globally, coffee prices bite margins
Global prices for raw arabica beans are up more than 20% this year after soaring 70% in 2024 Starbucks posted on Wednesday (Oct 29) that its first quarter of gains in global comparable…
Adidas Confirms Record-Breaking Q3, Even as North American Sales Lag
BERLIN – Adidas on Wednesday announced record-breaking results for the third quarter, confirming preliminary numbers released last week. The German sportswear giant said sales revenues…
China blows past record for Europe car sales on hybrid, EV gains
The Asian nation’s latest plug-in hybrids offer long electric-only ranges, rapid charging and generous standard equipment at prices below European rivals Chinese carmakers posted their…
Apple races past US$4 trillion market value as latest models revitalise iPhone sales
Apple topped US$4 trillion in market value for the first time on Tuesday (Oct 28), the third Big Tech company to hit the milestone, as robust demand for its latest iPhone models allayed…
First Sponsor posts 1.3% rise in Europe portfolio Q3 operating income, lacklustre China property development sales
China property development projects’ pre-sales and sales show ‘no meaningful improvement’ as weak market sentiment persists Property developer First Sponsor said that its European…
Novartis Q3 operating income up 6% on new drug sales
Third-quarter operating income, adjusted for special items, rose to US$5.46 billion Swiss drugmaker Novartis, on a deal-making spree this year, reported a gain in operating income of 6 per…
Martial Arts Icon Iko Uwais to Star in Hospital Siege Thriller ‘MRI,’ With K5 Set to Launch Sales at AFM (EXCLUSIVE)
Martial arts icon Iko Uwais (“The Raid,” “Mile 22,” “Expend4bles”) will headline hospital siege thriller “MRI,” with Liam O’Donnell (“Alphas”) set to direct. Daniel Baur’s K5 Intl. has…
Veteran Film Sales Executive Thorsten Ritter to Leave Beta Cinema After 13 Years
Veteran film sales executive Thorsten Ritter is to leave Beta Cinema after more than 13 years as executive vice president acquisitions, sales and marketing at the Munich-based company.…
Gucci’s owner is digging out of its sales slump. The stock just hit a 2025 high
Kering released its third-quarter 2025 financial results on Thursday, showing it reduced the slump it had seen in the previous quarter. The French luxury goods house, which owns brands…
Applied Materials to cut 4% of global staff after sales slow
Applied Materials, the largest US producer of chipmaking equipment, plans to cut 4 per cent of its global workforce as it copes with a sales slowdown and trade turmoil. The company will…
Prada sales rise, boosting hopes of luxury sector recovery
Net sales rose to 4.07 billion euros (S$6.13 billion), a 6.3% increase year-on-year Prada sales rose in the first nine months of year as solid demand for its Miu Miu brand offset a fall at…