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...A jump in sales at BCG’s AI division also partly offset a slowdown in other parts of the business last year amid a tougher economic backdrop....
...US confectionery giant Mondelez will be fined millions of euros as early as next month for restricting sales of its products between EU member states, according to three people with direct knowledge of the...
...The freeze on the stake sales by the global private equity groups underscores the severity of the boycotts in a region home to 250mn of the world’s Muslims....
...More than a decade ago, Pfizer experimented with direct-to-consumer sales for anti-cholesterol drug Lipitor as a means of trying to stave off generic competition when the blockbuster drug was coming off-patent...
...The company has also been hit by a global slowdown in EV sales growth and cut thousands of jobs. Tesla did not respond to a request for comment....
...One school of thought is that EV sales growth in Europe has, thus far, been from wealthy early adopters and corporate buyers....
...Lululemon’s sales in mainland China were up 60 per cent year on year in the latest quarter on a constant currency basis, and now make up nearly a tenth of total sales....
...Sales of battery electric and plug-in hybrid cars could rise more than 20 per cent to reach 17mn this year, up from just under 14mn in 2023, and grow to account for as much as two-thirds of global sales...
...Strong Europe sales contributed to better than expected first-quarter results at Adidas, with sales adjusted for currency swings increasing 8 per cent year on year between January and March while operating...
...Sales of higher-margin discretionary items like home decor were down 12 per cent....
...Of Tesla’s total quarterly sales of $21.3bn, 82 per cent were indeed “automotive revenues” while the rest were energy and services....
Potential sale comes after Apollo’s $26bn offer was rebuffed
...Sparta, which also wants a review to look at a sale, might fare better with bidders. But there is little reason to think a deal will be struck now, after last year’s interest faltered....
...Analysts estimate that NetEase, as the publisher of Blizzard games in China, made as much as 5 per cent of its total sales from Blizzard games before the partnership was terminated....
...Last year, 80 per cent of exits were sales to corporate buyers ($271bn). The next most popular exit was sales to other PE firms ($62bn)....
...“My sale of shares today was a gift to myself and my family, and I do not intend to sell any further shares,” Handler said in a statement....
Shares drop after car sales slip in first quarter
...General Atlantic paused the sale of its 20 per cent stake in Indonesian Starbucks operator Map Boga Adiperkasa in December....
...However, overall sales of European ETFs remained on a steady course in early 2024....
...At the same time it is grappling with a global slowdown in EV sales growth that has forced it to cut thousands of jobs....
...Rising delinquencies as well as faltering retail sales growth will add to the pressure....
...iPhone sales plunged 24 per cent In the first six weeks of the year, according to a Counterpoint Research report....
...When AbbVie’s record-breaking immunology drug Humira came off-patent early last year after generating more than $200bn in sales for the drugmaker over two decades, a number of cheaper copycat products, known...
...“Global EV sales continue to be under pressure as many carmakers prioritise hybrid over EVs.”...
...The deals with plaintiffs are likely to reshape business practices that have frozen most sales commissions at close to 6 per cent of a home’s price....
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