Business
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…
Tag
Sales
News
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…
Business
Heineken's Q1 sales slightly beat forecasts
“...we are performing within the range of expectations,” says CEO Dolf van den Brink Source link
Business
Apple to rejigger sales division with departure of enterprise chief
Apple’s top executive overseeing enterprise sales and the western European market is planning to depart the company later this year,…
Business
Apple to rejig sales division with departure of enterprise chief
Apple’s top executive overseeing enterprise sales and the western European market is planning to depart the company later this year,…
Business
Honda to make 90% of US sales locally by relocating Mexico, Canada production, Nikkei reports
The automaker plans to increase US vehicle production by as much as 30% over two to three years Honda is considering switching some car…
Business
LVMH sales fall as shoppers curb spending on luxury goods
LVMH sales fell more than expected in the first quarter, weighed down by weak demand for luxury goods in China and the US and the threat…
Business
Tesla U.S. Sales Plunge as G.M. and Others Make Gains
Tesla’s sales in the United States fell almost 9 percent in the first three months of the year even as the overall market for electric…
Business
TSMC sales beat estimates as AI demand soars ahead of US tariffs
Major tech companies, including Alphabet and Meta Platforms, have not revised plans to invest tens of billions of US dollars in artificial…
Business
TSMC sales beat estimates as AI demand soars
Taiwan Semiconductor Manufacturing Company’s (TSMC) quarterly revenue rose a larger-than-anticipated 42 per cent, reflecting strengthening…
Business
After Disastrous First-Quarter Sales, Tesla's Stock Is Down 36% This Year. It Can Go Lower
Tesla (NASDAQ: TSLA) has been under a microscope this year. The big question had consistently been about what first-quarter deliveries…
Politics
Senate rejects Bernie Sanders-led measures to block arms sales to Israel
The Senate on Thursday rejected a pair of measures from Sen. Bernard Sanders to block arms sales to Israel, thwarting the progressive…
Business
BYD to double South Korea sales network in challenge to Hyundai
The automaker has enjoyed a robust start to 2025, with sales up 58% in the first quarter versus the same period of last year BYD plans to…
Business
Volvo Cars sales fall 10% in March as fully electric sales dive
Volvo Cars sold 70,737 cars in March, down 10 per cent from a year earlier as sales of fully electric cars tumbled, the Sweden-based…
Politics
GM leads first quarter US auto sales as tariffs loom
General Motors led US vehicle sales in the first quarter, according to company reports on Tuesday, as the industry braces for President…
Business
Tesla to report sales as it faces Musk backlash, overseas delivery woes
With its showrooms vandalised, production lines paused and sales tanking overseas, Tesla has had a brutal start to 2025. The automaker is…
Business
Tesla sales drop to lowest since 2022 amid Musk backlash
Tesla’s vehicle sales fell 13 per cent last quarter to an almost three-year low, as the carmaker made over its most important model and…
Politics
Auto Sales Surged in Anticipation of Trump’s Tariffs
The auto industry witnessed a different kind of March madness last month as buyers flocked to dealerships to lock in deals before…
Business
Toyota’s global output rises for second month in February on solid Japan sales
Toyota Motor said on Friday its global production rose for the second consecutive month in February, driven by higher output and stronger…
Business
Lululemon plunges as US struggles weigh on sales outlook
LULULEMON Athletica shares dropped after the yogawear brand delivered a disappointing outlook for the year ahead amid slower US sales. The…
Business
Apple says Indonesia iPhone sales ban ends in April
The country has also banned the sale of Google Pixel phones for failing to meet the 40 per cent local parts requirement Teach giant Apple…
Business
X ad sales expected to grow for first time since Musk deal
Elon Musk’s X is on pace for its first year of advertising revenue growth since the billionaire acquired the company in 2022, according to…
Business
BYD aims to double overseas sales to 800,000 in 2025: chairman
Chinese electric vehicle giant BYD aims to double its sales outside China to more than 800,000 cars in 2025 and will look to overcome…
Business
Top China phonemaker wants 70% of sales from overseas by 2027
China’s No 1 smartphone maker Vivo wants to increase sales from overseas markets such as South-east Asia to as much as 70 per cent of…