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Tag: sales
General Mills' sales hit by shoppers' turn against cereal
2015-07-01 15:18:39| Agriculture - Topix.net
General Mills Inc.'s fourth-quarter profit fell and its revenue fell short of expectations as it deals with shoppers who are skipping the cereal aisle. The maker of Cheerios cereal, Yoplait yogurt and other packaged foods saw both sales and profit decline in the U.S. retail segment of its business.
Hong Kong Retail Sales: Negative Headwinds Persist
2015-07-01 14:33:58| Jewelry - Topix.net
Hong Kong reported May retail sales that were essentially flat y/y, slightly better than the -2% decline expected by the consensus but nonetheless highlights the weakness of Chinese tourism and the impact of a rising USD. As such, jewelry and luxury consumer goods will continue to face headwinds and this should be a negative read-through to Tiffany's , Coach , Michael Kors and Kate Spade .
Tags: sales
hong
kong
negative
Spanish new-car sales rise 24% in June
2015-07-01 12:55:26| Auto Dealers - Topix.net
Spanish new-car sales rose 24 percent to 111,333 in June, manufacturers' association Anfac said today, marking 22 straight months of growth and following a 14 percent rise in May. A Spanish government-backed subsidy scheme to boost new vehicle acquisitions has helped spur purchases over the last two years. It was renewed for the seventh time in May with an injection of 225 million euros .
US: dealers association predicts auto sales tipping in 2016
2015-07-01 09:47:47| Auto Dealers - Topix.net
According to the National Automobile Dealers Association, the US auto market is going to top out in 2016, followed by a probable decline after 2017, following seven straight growth years. The positive side is that 2015 is most likely heading towards a new all-time record and probably 2016 would dethrone the old one, says Steven Szakaly, NADA chief economist.
Tags: auto
sales
association
dealers
Pureology named Noelle Strong as head of sales
2015-07-01 07:00:00| Happi Breaking News
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