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...BYD, China’s best-selling EV brand, has continued to grow sales volume and market share, selling about 1.6mn battery EVs last year....
...“One of the issues is that when a brand that sells products at a very high average price, as do Ferrari, Porsche or Bugatti, it’s hard to succeed in product categories with much lower average prices without...
...And there are very few companies that are willing to risk their stock price. By doing something that might in any way jeopardise the reputation of the brand to a significant number of people....
...“We’ve also come across a laboratory-grown diamond clearly purported as a natural diamond ring [with a price tag of more than £3,500].”...
...Xpeng pays dealers a commission based on a fixed percentage of the sales price of each vehicle under a “sales agent” model....
...Although Meghan has yet to sell a single jar, one suspects her price point will be more Hollywood....
...The latter, fed up with high prices, are reining in spending and ditching big brands. The outlook for yoghurt looks particularly sour....
...At a Shanghai store run by Chagee, a popular milk tea brand that allows customers to order at a discounted price of Rmb16 on a WeChat app, Jing Li, 30, was buying a set of takeaway drinks for her colleagues...
...To remain competitive in China, Jackson said the company needs to stay “agile and cost efficient” to avoid getting sucked into the country’s price war that has seen local brands nursing heavy losses in order...
...and then distribute it under its own brand.Under the agreement, California will buy naloxone, a nasal spray that can reduce or reverse the effects of opioids, from generics manufacturer Amneal Pharmaceuticals...
...No wonder luxury brands were so eager to head into the metaverse. Where else could virtual experience be so readily monetised?...
...Despite the price performances of the listed shares, people close to Geely dismiss the price moves as short-term blips....
...Italian luxury outerwear brand Moncler also expects to put up prices in the mid single digits this year. However, both brands are playing catch-up compared with peers....
...“Type in ‘black tote,’ you’ll see thousands of choices and hundreds of brands at any price point,” she said....
...The company said its prices are justified by its high packing costs and its Rmb1bn investment into research and development....
...BYD’s plans include a cut-price model based on the Seagull, which sells in China for less than $10,000. The European version of the model should cost less than €20,000, he said....
...Brands, meanwhile, seem much closer to consumers’ hearts. See, for instance, the resilience of consumer goods’ volumes, which have remained roughly flat despite double-digit price inflation....
...EV rival Xpeng has announced plans to launch a cheaper brand, with its models set to be priced at a starting point of $13,890....
...Still, products with growth lagging behind the big “power brands” drag down earnings....
...Although sustainability certainly factors into the popularity of the secondary market, price remains the main motivator to buy a pre-owned timepiece, according to Deloitte, with 48 per cent of all consumers...
...According to Schmidt Automotive Research, Chinese brands like BYD as well as brands such as Polestar that manufacture in China accounted for almost 10 per cent of the fully electric cars registered in western...
...Shares of Capri traded up to $54 per share, just short of the $57 deal price. Now they hover around $37....
...Rival Chevron also reported a quarterly profit decline as both oil majors were hit by lower natural gas prices and reduced oil refinery margins. Chevron was down just 0.3 per cent by Friday afternoon....
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