Today: September 12, 2024
Today: September 12, 2024

Sales

Entertainment|Europe|News|Sports

Some sun, football and promotions fuel UK groceries spending, says NIQ

A week of hot summer weather at the end of June, England reaching the final of the Euro 2024 soccer championship and promotions on branded goods drove UK grocery

Some sun, football and promotions fuel UK groceries spending, says NIQ
Business|Economy|News

Canada June factory sales most likely fell 2.6%, Statscan flash estimate shows

Canadian factory sales most likely fell 2.6% in June from May, largely due to the chemical product and transportation equipment subsectors, Statistics Canada said in a flash

Canada June factory sales most likely fell 2.6%, Statscan flash estimate shows
Business

Heavy winter sweaters, coats pile up at stores as warm weather threatens holiday shopping season

Unseasonably warm autumn weather from the United States to Europe is denting sales of heavy sweaters and coats as the critical holiday shopping period approaches,

Heavy winter sweaters, coats pile up at stores as warm weather threatens holiday shopping season
Business|News

US automakers' sales rose sharply over the summer, despite high prices and interest rates

Automakers posted big increases in new vehicle sales during the summer, despite high prices, rising interest rates and even a limited strike against Detroit companies

US automakers' sales rose sharply over the summer, despite high prices and interest rates
Business

Volvo Cars September sales rise 25%, demand up in China

Volvo Cars' sales grew 25% in September from a year earlier to 61,666 cars as sales grew in China as well as in Europe and the U.S., the Sweden-based group said on Thursday.

Volvo Cars September sales rise 25%, demand up in China
Business

Levi Strauss cuts annual forecasts as promotions, wholesale weakness weigh

Levi Strauss & Co cut its annual forecasts for the second time on Thursday after missing third-quarter sales estimates as the denim maker reeled from hefty promotions and falling sales at

Levi Strauss cuts annual forecasts as promotions, wholesale weakness weigh
Economy

US business inventories increase in August

U.S. business inventories increased a bit more than expected in August even as sales surged, suggesting inventory investment could provide a lift to economic growth in the third

US business inventories increase in August
Business

China's Huawei sells 1.6 million Mate 60 series handsets in six weeks - research firm

(This Oct. 19 story has been corrected to say '1.6 mln Mate 60 series sold', not just 'Mate 60 Pro handsets' in headline and paragraph 1 and to clarify that Mate 60 Pro is

China's Huawei sells 1.6 million Mate 60 series handsets in six weeks - research firm
Business

Luxury slowdown further challenges Gucci revival

French luxury group Kering's sales are likely to have slowed again in the third quarter as it seeks to reignite its star label Gucci under a new creative direction

Luxury slowdown further challenges Gucci revival
Business

Remy Cointreau lowers FY 2023/24 goals due to slower than expected recovery in U.S

Spirits maker Remy Cointreau on Friday cut its sales and profit outlook for the 2023/2024 fiscal year, citing a slower-than- expected recovery in the United States amid worsening

Remy Cointreau lowers FY 2023/24 goals due to slower than expected recovery in U.S
Business|Economy

Pumpkin spice helps Starbucks posts record sales, but growth may moderate in coming year

Customers fell for Starbucks’ fall menu in its fiscal fourth quarter, helping the company achieve record revenue with Pumpkin Spice Lattes and apple croissants

Pumpkin spice helps Starbucks posts record sales, but growth may moderate in coming year
Business

Analysis-Electric car demand set to stall in Europe's 'valley of death'

After years of accelerating growth, Europe's electric car sales appear to be entering a go-slow zone as drivers wait for better, cheaper

Analysis-Electric car demand set to stall in Europe's 'valley of death'
Economy

Explainer-What is Black Friday? And will shoppers find bargains this year?

Retailers are preparing for what they hope will be yet another record-setting global shopping spree on Black Friday, the fourth Friday of November, which this year is Nov. 24.

Explainer-What is Black Friday? And will shoppers find bargains this year?
Business

Gap sees bleak holiday-quarter sales as Banana Republic, Athleta demand falters

Gap on Thursday forecast holiday-quarter sales below expectations, signaling weak demand for its Banana Republic and Athleta brands heading into the all-important shopping season.

Gap sees bleak holiday-quarter sales as Banana Republic, Athleta demand falters
Economy

EU October car sales up 14.6%, EV sales jump more than 36%

New car sales in the European Union rose 14.6% in October, boosted in part by a big jump in sales of fully electric cars, while hybrid electric vehicles accounted for

EU October car sales up 14.6%, EV sales jump more than 36%
Business

Abercrombie & Fitch lifts annual net sales forecast on strong demand

Abercrombie & Fitch Co on Tuesday raised its annual net sales forecast, signaling strong demand for its lifestyle brands heading into the crucial holiday season.

Abercrombie & Fitch lifts annual net sales forecast on strong demand
Economy

Discounts drew crowds but Black Friday week sales gain softest in years -report

U.S. in-store retail sales swelled last week by the most since December courtesy of aggressive discounts, but the year-over-year sales gain for the week covering

Discounts drew crowds but Black Friday week sales gain softest in years -report
Economy

Once-gloomy US retailers now signaling more holiday cheer after solid start to season

Retailers like Amazon.com and Foot Locker are signaling optimism for holiday season sales after stronger-than-expected figures during Black

Once-gloomy US retailers now signaling more holiday cheer after solid start to season
Business

Apple to launch new iPads, M3 MacBook Air to fight weak sales - Bloomberg News

Apple is planning to release several new models, including a faster MacBook Air and two updated iPads, early next year to help combat a decline in sales of the devices, Bloomberg News

Apple to launch new iPads, M3 MacBook Air to fight weak sales - Bloomberg News
Business

US new-vehicle sales to rise 13% in December on discounts, inventory - report

U.S. new-vehicle sales are expected to rise about 13% in December from a year earlier, driven by strong discounts and vehicle availability, industry consultants J.D.

US new-vehicle sales to rise 13% in December on discounts, inventory - report
Business

Nike cuts sales view on choppy demand, outlines $2 billion savings plan

Nike on Thursday trimmed its annual sales forecast blaming cautious consumer spending, a weaker online business and more promotions, and said it plans to cut

Nike cuts sales view on choppy demand, outlines $2 billion savings plan
Business

Toyota's global output surges to record in November on strong demand

Toyota Motor's global production jumped 11% in November to a record level, bouncing back from last year's supply chain disruptions and benefiting from robust demand both in Japan and

Toyota's global output surges to record in November on strong demand
Business

Price cuts boost Tesla's 4Q sales, beating estimates as electric vehicle growth rate slows

Steep price cuts helped electric vehicle maker Tesla Inc. increase its fourth-quarter vehicle sales by almost 20% as EV sales growth slowed across the industry

Price cuts boost Tesla's 4Q sales, beating estimates as electric vehicle growth rate slows
Business

Ford's 2023 US sales rise 7.1% on pickup truck, SUV demand

Ford Motor on Thursday posted a 7.1% rise in 2023 U.S. sales, fueled by demand for its crossover SUVs and pickup trucks and easing supply chain constraints.

Ford's 2023 US sales rise 7.1% on pickup truck, SUV demand
Business

US holiday sales rise 3.8% in 2023 as shoppers snap up discounts - NRF

U.S. consumers defied inflation to ring in a solid 2023 holiday shopping season that offered big discounts and flexible payments, displaying a strong appetite for beauty products and

US holiday sales rise 3.8% in 2023 as shoppers snap up discounts - NRF

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