Applied Materials warns of sales hit from latest curbs on China
The long-awaited rule seeks to prevent sanctioned companies from using affiliates to access restricted US goods Applied Materials, the largest US maker of machinery used to manufacture…
Tag
Sales
Tesla sales surge to record on rush to snag US tax credit
The deliveries tally offers a preview of the earnings results the company will report Oct 22 Tesla reported a surprise increase in quarterly vehicle sales as US consumers accelerated…
BYD sees first sales decline in 18 months amid fierce competition in China’s EV market
The decline comes as the company slashed its sales goal for this year by 16% to 4.6 million units Electric vehicle juggernaut BYD’s monthly sales fell for the first time in more than 18…
H&M Q3 Sales Rise 2% in Local Currencies Despite Store Closures
PARIS – Swedish fast fashion giant H&M reported a 40 percent jump in operating profit for the third quarter, driven by an improved customer offering, better gross margin and tight cost…
BYD outsells Tesla in EU for second month, Stellantis returns to sales growth
CHINESE EV maker BYD sold three times as many new cars in the European Union last month than in August 2024, surpassing US competitor Tesla for the second consecutive month, data from the…
Finnish Filmmaker Alli Haapasalo’s Period Drama ‘Tell Everyone’ Acquired for World Sales by LevelK (EXCLUSIVE)
Copenhagen-based sales outfit LevelK has acquired world sales rights to the Finnish period drama “Tell Everyone,” directed by Alli Haapasalo (“Girl Picture”), which will be presented on…
Stitch Fix Bounces Back With Second-straight Quarter of Sales Growth
Stitch Fix Inc. is getting a little of its old mojo back on the top line — and Matt Baer, who’s spent two years turning around the business as chief executive officer, is feeling…
U.S. box office sales slip nearly 50% as September hot streak comes to an end
Neither a Jordan Peele-produced horror nor a Margot Robbie and Colin Farrell romantic drama were enough to continue the September hot streak at the movies. After back-to-back weekends that…
Apple’s iPhone 17 sales open to strong demand for Pro models
The company faces lofty expectations from Wall Street for holiday period sales, despite global economic concerns and the threat of future price increases due to tariffs For the past four…
Queer Love Story ‘Whisperings of the Moon’ Boards Inwave Films for Sales, Premieres at Busan (EXCLUSIVE)
Paris-based international sales company Inwave Films has come onboard as sales agent for “Whisperings of the Moon,” the debut feature from Chinese filmmaker Lai Yuqing that will have its…
San Sebastian Title ‘Before the Bright Day’ Boarded by Maboroshi for Sales (EXCLUSIVE)
Asian film collective Maboroshi has secured its first title for international distribution, acquiring Taiwanese filmmaker Tsao Shih-Han’s “Before the Bright Day,” which is set to make its…
FedEx sees sales growth in sign of parcel demand rebound
The company expects revenue to grow by as much as 6% this year compared with a 1.2% average gain forecast by analysts FedEx reinstated its full-year sales and profit outlook, a sign that…
StubHub IPO: Stock price will be closely watched today as ticket sales platform makes long-awaited debut
The relentless march of initial public offerings continues this week with another closely watched IPO happening today. At some point after the opening bell, ticket reseller giant StubHub…
Amazon Adds SiriusXM to Programmatic Sales Offer
After securing many big deals to help it sell a wide array of programmatic ads against top video, Amazon is now working to do the same with audio. Amazon unveiled an alliance Tuesday with…
China sets 2025 auto sales target below association forecast, vows tighter regulation
China is targeting 32.3 million in vehicle sales in 2025, the country’s industry ministry said, below the 32.9 million units projected for the year by the China Association of Automobile…
China’s credit expansion slows on weak demand, slower bond sales
China has been struggling to overcome the collapse of demand for borrowing linked to the property sector China’s credit growth slowed from a year ago in August with its loan expansion…
Global EV sales growth slows to 15% in August, research firm says
GLOBAL sales of fully electric and plug-in hybrid vehicles grew 15 per cent in August from a year ago, marking the slowest rate since January and reflecting tougher comparatives, market…
Inditex Maintains Momentum as In-Season Model Powers Sales Growth
PARIS – Zara parent Inditex saw sales hold steady in the first half of the year, with revenue up 5.1 percent at constant currency in the six months ending July 31. The numbers looked less…
Deutsche Bank hires trio for Asia Pacific credit trading, sales
Deutsche Bank hired three for its Asia Pacific credit trading and sales desk, underscoring high demand for staff, as finance professionals shift among banks in the region. The lender hired…
‘Drive My Car’ Star Nishijima Hidetoshi’s Busan-Bound Drama ‘Dear Stranger’ Boarded by EST N8 for International Sales (EXCLUSIVE)
EST N8 has acquired global sales rights to “Dear Stranger,” a suspense drama from Tokyo production house Roji Films. The agreement covers worldwide territories with the exception of…
Russian gas sales to China would not harm US, energy secretary says
Since coming back to the office, Trump has not imposed direct sanctions on Russian energy entities Energy Secretary Chris Wright said on Friday (Sep 5) that he is not worried that…
France Welcomes New Sales Banner The Pool Films, Backed by Post-Production House Digital District Group and French Riviera’s Victorine Studios (EXCLUSIVE)
As France’s role as a hub for international production continues to gain momentum, a new breed of international sales company, The Pool Films, is making its debut in the fall festival…
Apple’s India sales hit record US$9 billion after big retail push
Apple’s annual sales in India hit a record of nearly US$9 billion in the last fiscal year, signalling growing consumer demand for its flagship devices as the company ramps up its retail…
Salesforce projects weak sales growth, fuelling AI anxiety
Salesforce projected lacklustre quarterly sales growth, suggesting its artificial intelligence (AI) product is not yet paying off as quickly as hoped amid competition from emerging AI…