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Remy Cointreau upbeat on H2 as first-quarter sales beat expectations - results data & comment

2020-07-21 12:24:00| Daily beverage news and comment - from just-drinks.com

Remy Cointreau has soundly beaten its forecasts for the fiscal first quarter, with sales declining at a much slower rate than initially expected.

Tags: results data comment sales

 

UK property sales in coronavirus summer slump

2020-07-21 12:04:09| BBC News | Business | UK Edition

Sales of homes picked up in June as the market reopened but remain 30% down on last year.

Tags: sales property summer slump

 
 

Online sales not enough to shield Ted Baker from Covid-19

2020-07-21 11:48:00| Daily apparel & textile news and comment - from just-style.com

UK high street fashion brand Ted Baker has reported resilient growth, boosted by a strong performance online, but warns there is more work to be done.

Tags: online sales shield online sales

 

US retail tech sales to fall 2% in 2020, smartphone market forecast down 6%

2020-07-21 10:31:00| Telecompaper Headlines

(Telecompaper) Retail sales of tech products in the US are expected to fall 2.2 percent this year to USD 406.8 billion, according to an updated forecast from the Consumer Technology Association. Pressure on consumer spending from the coronavirus pandemic will result in lower revenues for most of the big product categories, including smartphones, laptops and TVs. Streaming services and connected health devices are expected to perform better than previous estimates due to increased demand during the pandemic.

Tags: sales market fall tech

 

Logitech lifts sales and profits in Q1, raises FY outlook

2020-07-21 09:56:00| Telecompaper Headlines

(Telecompaper) Logitech said its sales in the first quarter to 30 June of fiscal year 2021 grew by 23 percent in US dollars and 25 percent in constant currency year-on-year to USD 791.89 million. Gross profits rose from USD 238.97 in Q1 last year to USD 305.73 million in the first quarter of the current fiscal year. Operating income progressed to USD 83.42 million from USD 47.46 million in the same period the prior year.

Tags: sales outlook profits raises

 

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