Gucci's sales slump sends parent company Kering's shares tumbling
Weak demand in China and Japan weighed on the luxury brand's third-quarter performance, complicating efforts to revive its struggling parent company.
Fresh headlines from around the world. Gaming, politics, technology and everything in between.
Weak demand in China and Japan weighed on the luxury brand's third-quarter performance, complicating efforts to revive its struggling parent company.
<p>World’s second largest brewer says use of drugs such as Wegovy can reduce desire to drink alcohol</p><p>Heineken has warned British bars and pubs that the boom in popularity of weight-loss drugs could lead to a fall in sales of beer and cider.</p><p>The world’s second largest brewer sent a presentation to British hospitality customers earlier this month w
<p>Sales of Apple’s first folding phone, the <a href="https://www.dawn.com/news/2028667">iPhone Duo</a>, began on Friday, with market watchers betting on whether the device can reinvent the small foldables market in the same way the iPhone did for smartphones.</p> <p>The Duo’s reception could prove an early test for new <a href="https://www.dawn.com/news/202
The Swedish automaker cited a deteriorating environment led by "tougher" market conditions in China and the U.S., which "negatively affected free cash flow."
China’s first fully AI-generated feature film, “Sanxingdui: Future Past”, has opened in cinemas to a lukewarm reception and poor advance ticket sales. Read More: https://punchng.com/chinas-first-ai-generated-film-hits-cinemas-amid-weak-sales/
Nearly 100 people took more than two years to make the film, which cost more than 10 million yuan (US$1.5 million).
At this year’s Disrupt, Lovable GTM lead Luke Arno, Polsia's Ben Broca, and Theory Ventures’ Tomasz Tunguz gave founders some tips on how to achieve true sales success in the first 90 days.
Searches for Samsung foldables just happened to skyrocket following iPhone Duo unveiling.
Neighbours say SANParks has not been playing open cards about foot and mouth disease in the Addo Elephant National Park, increasing the risk of the infection spreading, while quarantine protocols will probably affect a major income generator for the park in the coming months.
AGC International, the sales and distribution arm of Stuart Ford’s AGC Studios, is adding Gods Don’t Give Gifts to its distribution slate and will introduce the feature length AI-generated sci-fi epic to buyers at the American Film Market. The feature debut from creator and YouTuber Zack London (aka Gossip Goblin) has been lined up as […]
Consumer demand for Apple's first foldable phone is strong despite the device's hefty $1,999 price tag.
September saw a surge in video game spending, but Xbox had a bleak month. New Circana data show Xbox Series hardware fell 27% year-over-year to an all-time September low, beating the previous record low set a year ago. How did Sony and Nintendo compare? PlayStation 5 sales grew 22% in units and 43% in dollar sales, while Nintendo saw Switch 2 sales fall by 1
<p>Exclusive: British Chambers of Commerce president calls for overhaul of business rates and greater powers for local leaders</p><ul><li><p><a href="https://www.theguardian.com/money/2026/oct/22/middleton-revival-mill-towns-steve-coogan-manchester">How Middleton’s revival could inspire struggling towns</a></p></li><li><p><a href="https://www.theguardian.com
Procter & Gamble topped Wall Street's estimates for its quarterly earnings and revenue.
An earnings briefing on Wednesday revealed ad revenue has slowed since the European Union introduced the Less-Personalized Ads model at the beginning of this year.
Fandango Sales has taken all international rights to “Galileo,” a new film from Italo-Brit director Roan Johnson (“Rider”), toplining Italian A-list actor Elio Germano as pioneering scientist Galileo Galilei, who famously stood trial before the Roman inquisition. Fandango is introducing the €8 million ($9 million) movie to international buyers during Rome’s
<img align='right' src='https://images.jpost.com/image/upload/f_auto,fl_lossy/q_auto/c_fill,g_faces:center,h_3131,w_4696/736137' alt='Vessels near the Strait of Hormuz, as seen from Musandam, Oman, August 31, 2026. (photo credit: REUTERS/STRINGER)' title='Vessels near the Strait of Hormuz, as seen from Musandam, Oman, August 31, 2026. (photo credit: REUTERS/
Tech companies are painting data centers with gray coatings on top of gray concrete and steel to resist fire, rust and static electricity. That has made data centers a fast-growing market for paint makers.
Carmaker reports flat revenue and falling profits as it pivots from electric vehicles to AI
SEOUL, Oct. 22 (Yonhap) -- Combined vehicle sales by South Korea's leading autom...
The average selling price of a mobile phone in Singapore has risen nearly 12 per cent since 2023, reaching S$1,000 this year, data shows.
Carmaker reports flat revenue and falling profits as it pivots from electric vehicles to AI
Tesla reported better-than-expected third-quarter results.
The enterprise software giant's planned acquisition of Braze will beef up its marketing business and avoids diluting shareholders in the process.
Liquor depot sales rose 37% over last year, with supplies worth ₹303.40 crore recorded on October 19 alone as retailers stock up ahead of the festival
Apple says it will have "limited" iPhone Duo models for sale in stores, according to a report from Reuters. The iPhone Duo launches on Friday, October 23rd, but online preorders quickly sold out, with some delivery estimates extending into next year. "On Friday morning, our teams look forward to welcoming customers at Apple Stores to […]
Berlin-based M-Appeal has boarded “When I Existed,” a buzzy, feel-good second-chance drama comedy and Kafkian social satire which proved a standout at the Cannes Market’s Ventana Sur Goes to Cannes showcase, marking an auspicious debut for Uruguay’s Alejandro Damiani and Martin Avdolov. A select but discerning sales agent of Latin American movies, M-Appeal h
Dubai recorded 86 residential transactions valued at $10 million or more during the third quarter this year, down 17 per cent annually, as wealthy investors continued to invest in the emirate despite the Iran war. Among the deals, 13 were for homes valued at more than $25 million, property consultancy Knight Frank said in its latest report on Wednesday. Of t
Copenhagen-based DR Sales, the international distributor of Oscar-winning doc “Mr Nobody Against Putin” and Sundance winner “A New Kind of Wilderness,” has boarded Denmark’s “Father’s House,” starring David Dencik (“No Time to Die,” “The Chestnut Man”) and Trine Dyrholm (“The Danish Woman,” “Queen of Hearts”). Selected for the Tallinn Black Nights Film Festi
Projection amplifies concerns about performance of streaming service
The company's latest acquisition is expected to close in fiscal 2028, and will see Braze shareholders receive $47.50 in cash per share.
"Basically, your sales curve becomes like a roller coaster."
Shipments increased 1.5% from the month before, marking a sixth rise in factory trade in the last seven months after a 0.3% dip in July.
The closure comes after months of reporting from CBS California Investigates on allegations that Bee & Co. employees targeted vulnerable shoppers and pressured them into purchasing expensive skin care products and devices.
Customers said they felt pressured by Bee & Co. employees to hand over their credit cards and make purchases.
One claim alleges that a developmentally disabled man was pressured into spending more than $40,000 during a single visit and giving employees more than $10,000 in tips.
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