Business
Chanel profit tumbles as luxury industry downturn hits sales
Chanel profit plunged last year as the closely held company splurged on expanding its retail network and marketing to remain visible amid…
Tag
Sales
Business
JCPenney stores closing update: Memorial Day weekend is your last chance to shop final sales at these 7 locations
JCPenney said it will close seven stores this weekend in California, Colorado, Idaho, Kansas, New Hampshire, North Carolina, and West…
Business
CDL posts S$1.9 billion in Q1 sales revenue in Singapore property development
Property developer City Developments (CDL) posted sales revenue of S$1.9 billion for its property development segment in the Singapore…
Business
Guinness-owner Diageo plans cost cuts, asset sales to reduce debt
Diageo unveiled a plan on Monday (May 19) to cut US$500 million in costs and make substantial asset disposals by 2028, as the maker of…
Business
Oghenochuko Ojiri: Bargain Hunt expert admits failing to report sales to 'Hezbollah financier'
An art expert who has worked on the BBC's Bargain Hunt has admitted failing to report a series of high-value art sales to a man suspected…
Business
China’s top chipmaker SMIC plunges after projecting lower sales
Semiconductor Manufacturing International Corporation (SMIC) plunged on Friday (May 9) after China’s leading chipmaker warned sales could…
Business
The RealReal’s Sales and Profits Rise in Q1, but Investors Want More
The RealReal Inc. showed some forward momentum in the first quarter — and stuck by its financial guidance for the year — but Wall Street…
Business
Cannes Critics’ Week Short ‘No Skate’ Acquired by Global Sales Agent Lights On (EXCLUSIVE)
Italy-based sales agent Lights On has picked up international rights for “No Skate,” a witty and observant French short by director Guil…
Culture
Michael Sheen, Eva Longoria to Star in Festive Comedy ‘The 12 Days of Christmas’ Based on James Patterson Novel, Protagonist Launching Sales (EXCLUSIVE)
Michael Sheen and Eva Longoria are teaming up for family holiday comedy “The 12 Days of Christmas.” The film — from Keal Productions and…
Business
Puma Sales Flat in Q1 as Operating Profit Tumbles
A challenging macro environment is taking its toll on Puma, where sales were flat in the first quarter and profits tumbled in the…
Business
Chinese automakers crank up sales of cars with combustion engines in Europe
Chinese electric vehicles (EVs) are losing momentum in Europe, but the nation’s automakers are selling more cars than ever in the region…
Culture
David Dastmalchian, Georgina Campbell Teaming for Horror ‘The Shepherd,’ Anton Launching Sales in Cannes (EXCLUSIVE)
The stars of horror hits “Late Night With the Devil” and “Barbarian” are uniting to take another potentially hair-raising step into the…
Culture
Halloween-Themed ‘Shaun the Sheep’ Movie in Works at Aardman With StudioCanal Launching Sales in Cannes
Aardman‘s woolly stop-motion star Shaun the Sheep is getting his third movie. “Shaun the Sheep: The Beast of Mossy Bottom” is now in the…
Business
John Rhys-Davies to Star in Horror Creature Feature ‘Bone Keeper,’ With REinvent Handling World Sales (EXCLUSIVE)
International sales agency REinvent has boarded horror creature feature “Bone Keeper,” starring John Rhys-Davies, who is best known for…
News
Temu, Shein see US sales drop in week after tariff price hikes
Shein Group and Temu saw double-digit sales declines in the week after they raised retail prices to cover the costs of increased US…
Business
Zalando Grows Sales and Users in Q1, Named TikTok Shop’s Logistics Partner in Key Markets
PARIS – Zalando‘s ecosystem strategy is paying off with a strong first quarter, rebounding from losses in 2024. In the three months to…
Business
Hugo Boss Sales Dip 2% in Q1
Organic sales at Hugo Boss fell 2 percent over the first quarter of this year to 999 million euros. “Our performance in the first quarter…
Business
Palantir sales forecast falls short of Wall Street’s hopes
Palantir Technologies dropped more than 8 per cent in late trading on Monday (May 5) after its results failed to live up to investors’…
Business
Audi keeps outlook after Q1 sales rise, but tariff impact not included
Volkswagen’s premium brand Audi on Monday (May 5) kept its full-year guidance, with the caveat that any impact from US tariffs was not…
Business
IPhone maker Hon Hai’s April sales surge 26% ahead of US tariffs
Hon Hai Precision Industry, the main contract manufacturer for Apple and Nvidia, said its April revenue rose 26 per cent, likely boosted…
Culture
Volvo Cars sales fall 11% in April as fully electric cars slump
Volvo Cars reported on Monday (May 5) an 11 per cent decrease in April sales to 58,881 cars from a year earlier, sending its shares down.…
Culture
Sundance Hit ‘Omaha’ Nabbed by Cercamon for International Sales, Heads to Cannes Market (EXCLUSIVE)
Dubai-based sales agency Cercamon has snagged international sales rights to family drama “Omaha” following its acclaimed world premiere at…
Business
Vince Sees Q4 Sales and Profitability Gains, but Projects Q1 Declines Amid Macro Uncertainties
Vince Holding Corp., the luxury brand known for its relaxed, understated styles, concluded 2024 with a lift in sales, and a gross profit…
Business
Plus Size Sample Sales Just Got Luxe: BAACAL’s Exclusive Sip & Shop in LA
Let’s be honest: plus size sample sales are practically unicorns in the fashion world. Rare. Magical. Often whispered about but never…