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E-commerce promise outweighs proof of profits for investors
...“Electric car sales are booming thanks to EU emissions standards,” said T&E clean vehicle director Julia Poliscanova. “Next year, one in every seven cars sold in Europe will be a plug-in.”...
...Sia’s main investor is the private equity arm of Cassa Depositi e Prestiti, Italy’s state-backed investor....
...Ocado said on Tuesday that its e-sales of sugar and other sundries rose 52 per cent in the 13 weeks to the end of August. Nonetheless, Sainsbury’s challenges loom very large....
...Corporate Spotlight E-commerce took two decades to go from zero to around 7 per cent of total grocery sales....
...Some observers worry the new class of e-brokers have helped turn the experience into something akin to a video game, with constant updates about profits and losses and social media fuelling the frenzy....
...Nonetheless, Mitie is essentially the same old mix of bread and offcuts, with a few E numbers thrown in....
...That’s ambitious given that sales of its next-generation products fell 44 per cent and writedowns and impairments of vapes and e-gaspers topped £95m. Consumers stock piled ciggies ahead of lockdown....
...From the euro to gold and the e-RMB — threats to the greenback’s supremacy are growing....
...Among those doing so today is retailer Superdry, which says sales declines from store closures will not be offset by e-commerce....
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...It is like Wile E Coyote running off a cliff. ITV may tread air for a while. But Carolyn McCall, ITV’s CEO, wants to make ITV more digitally ubiquitous....
...Companies have poured investment into e-cigarettes....
...The German carmaker said Mercedes-Benz cars from its C-Class, CLK-Class, CLS-Class and E-Class lines would be recalled because the bonding between the glass panel and the sliding roof frame might not meet...
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