Tag Archives: sales

Victoria’s Secret to close 53 stores as poor Christmas sales bite

Victoria’s Secret is closing 53 stores in North America.  L Brands Inc., owner of the lingerie chain, announced Wednesday plans to close about 53 Victoria’s Secrets in North America this year, more than three times the 15 it’s historically closed down in an average year. Victoria’s Secret square footage in North America will drop by about 3 per cent, it ... Read More »

Christmas sales slump at Bonmarché

Total sales at the value fashion chain tumbled 8.1 per cent in the 13 weeks to 29 December, as the firm came in line with its recently reduced expectations. Like-for-like sales in the Christmas quarter slumped 11.1 per cent, in a sign of the footfall woes facing many of Britain’s major retailers. However, the retailer added that “winter sales had ... Read More »

Shoprite notes gloomy Christmas sales

Shoprite CEO Pieter Engelbrecht PICTURE: HETTY ZANTMAN Shoprite’s share price fell as much as 5.7% to R175.32 after it warned shareholders its interim results would show flat sales. Joining the queue of JSE-listed retailers reporting disappointing Christmas sales, Shoprite said its total group sales declined 0.3% in the December quarter, the second of its financial year. The drop in sales ... Read More »

iPhone Battery Replacement Programme Will Cost Apple $10 Billion From Reduced Sales: Barclays

Apple’s offer to replace old batteries at cheaper rates may affect new iPhone sales in 2018. Barclays analyst Mark Moskowitz, in a note, says that even a small percentage of people opting for battery replacement over upgrade could affect the sale of new iPhone models. Apple had recently apologised for slowing down iPhone models and offered a new battery replacement programme. Under the ... Read More »

Xiaomi expands to Spain, online sales start tomorrow

Xiaomi is known for quality hardware at an affordable price and with the launch of the Android One-running Mi A1, it even has software better-suited for western tastes. The one major roadblock to expanding its presence in Europe was that you often had no other choice but to import the phone (or other Mi gadget) from China. Was. This week the ... Read More »

iPhone 8 Sees ‘Better Than Expected’ Sales as iPhone X’s Super Cycle Pushed to 2018: Ming-Chi Kuo

When Apple begins shipping the iPhone X next month, the handset is expected to be in limited quantity, KGI Securities’ analyst Ming-Chi Kuo said in a note, corroborating several recent reports with similar findings. This expected long waiting period has already created a panic among customers, Kuo wrote, saying that many of them are purchasing the iPhone 8 and iPhone 8 Plus instead. According to Kuo, iPhone 8 sales ... Read More »

GOLF AND LIFESTYLE TO BE AUDI’S SALES DRIVERS

Celebrating the tenth anniversary of the Audi Quattro Cup in India at the Els Course in Dubai, Rahil Ansari, Brand Director, India for the German carmaker was looking forward to the carmaker reaching out to even more customers over the coming years through the sport of Golf. “The Audi Quattro Cup (AQC) has become India’s largest and most successful amatuer ... Read More »

Samsung Galaxy Note8 US pre-orders to start on August 24. Sales on September 15

Following rumors that the Samsung Galaxy Note8 will be available in the US a day after its unveiling, the usually reliable tipster @evleaks has confirmed August 24 as the date when pre-orders for the device will go live. Sales, on the other hand, he says will kick off as early as September 15. Moving on, the tweet also confirmed that the South Korean tech ... Read More »

Royal Enfield Sales Grow 25 Per Cent In May 2017

HIGHLIGHTS Over 60,000 Royal Enfield bikes sold in May 2017 Domestic sales account for over 58,000 bikes Royal Enfield exports grow 49 per cent in May 2017 Royal Enfield is going strong, selling over 60,000 bikes in the second consecutive month, after posting best-ever sales figures for a single month in April 2017. In May 2017, Royal Enfield sold a ... Read More »

GoPro’s Sales Resume Growth, but Still Miss Expectations

GoPro Inc’s revenue increased less than expected in the holiday quarter and its sales growth forecast for the current-quarter also fell short of expectations, hurt by shrinking demand for the company’s body-mounted point-of-view cameras. GoPro also forecast a steep sequential drop in gross margins for the current quarter, sending the company’s shares tumbling nearly 14 percent in extended trading on Thursday. ... Read More »