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...That inquiry plus rising interest rates that have pushed up the cost of Altice’s heavy debts have forced Drahi into asset sales and various moves to refinance....
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...Revolut has hired Inam Mahmood, former head of ecommerce partnerships at TikTok UK, to lead a sales team of about 30 people for its so-called media strategy....
...A sale would end Bridgepoint’s eight-year ownership of the company. Typically, private equity groups aim to hold assets for about five years....
...The company also raised its full-year guidance, saying that the expected drop in overall sales as well as the operating loss will be smaller than expected....
...Sales and profits which declined sharply during this period, have bounced back strongly since then....
...The problem is not experimentation in itself, which can be useful to help companies make data-driven decisions....
...Lamborghini, 90 per cent whose Korea sales last year were as company vehicles, recorded a 22 per cent fall in the first quarter from a year earlier....
...Many retailers had raised prices to pass on higher commodity and operating expenses, causing some companies to report bumper sales growth, but as inflation decelerates and consumers reject higher prices,...
...Consumer goods companies have struggled to maintain sales, instead relying on ever higher prices to boost revenues....
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...The division, home to Pringles and Cheez-it, accounted for just under half of Kellogg’s total sales last year. Kellogg said the separation will create two stronger, more focused companies....
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...Hipgnosis Songs Fund, the listed UK music rights investment company, has agreed to a $1.4bn takeover from US rival Concord Chorus....
...Unilever’s chief executive said he was disappointed by the company’s performance after the consumer goods group reported a further erosion of its market share even as it hailed a return to positive sales...
...Overall sales across the three months to March were up 1.9 per cent, driven by the strong sales growth recorded in January....
...by sales, where all four of its biggest brands grew by double digits driven by demand in Europe....
...Sales of higher-margin combustion engine vehicles help with cash flows while the legacy European companies invest in electric models. The question is how long the breathing space will last....
...Shares in luxury companies rose on Wednesday after industry leader LVMH reported first-quarter results, reassuring investors nervous about the industry’s prospects that it could eke out growth in a much...
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...The ruling deals a blow to Apple, which is facing a slowdown in hardware sales this year....
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...company Masimo....
...is under way,” said Alex Kerr, economist at research company Capital Economics....
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