Friday, January 21st, 2022

Tag: sales

Cognac sales jump 31%, thanks to the US and China

Sales of the brandy, produced in the Cognac region of France, rose by almost 31% in value to 3.6 billion euros ($4.1 billion), industry group BNIC said Monday. Volumes were up 16% to 223.2...

Bed Bath & Beyond CEO Mark Tritton on Q3 sales, fixing supply chain

Bed Bath & Beyond CEO Mark Tritton on Thursday expressed disappointment over the retailer’s supply-chain issues in its third quarter, while also suggesting there’s a silver lining to be found. The company estimates that it...

The curious story of Elon Musk’s Tesla stock sales and SpaceX’s fundraising

It seems possible, maybe even likely, that he’s put at least some of the money into SpaceX, the other company of which he is CEO and primary shareholder. Most of the proceeds from his...

Tesla hits accelerator to boost sales as 2021 closes

Tesla Inc. and Elon Musk may have extra to celebrate for New Year’s Eve on Friday as workers push toward record quarterly deliveries in the waning hours of 2021, capping a remarkable year in...

Low dealership inventory pressures traditional year-end car sales events

The U.S. auto industry is poised to conduct bold — if involuntary — experiments this month in marketing and inventory management: how to execute the traditional year-end sell-off that consumers have been conditioned to...

Australia stocks slip ahead of October retail sales data release

SINGAPORE — Shares in Australia slipped in Friday morning trade, with the country’s October retail sales data expected later in the day. The S&P/ASX 200 fell 0.24% in morning trade, with shares of major...

Subaru CEO Tomomi Nakamura expects first back-to-back U.S. sales declines since 1990s

A decline in 2021 would mark the first time since 1995 that Subaru has notched back-to-back years of sliding sales in U.S. Since 1996, the brand’s annual sales have declined only three times, in...

Subaru braces for first back-to-back U.S. sales declines since 1990s

A decline in 2021 would mark the first time since 1995 that Subaru has notched back-to-back years of sliding sales in U.S. Since 1996, the brand’s annual sales have declined only three times, in...

Elon Musk reaches halfway point in his planned Tesla stock sales

To reach the 10 percent threshold, Musk would need to sell some 17 million shares, or about 1.7 percent of the company’s outstanding stock. If his exercisable options are factored into his overall ownership,...

A wedding boom is helping to drive jewelry sales

31-year-old Marc Hostovsky ended up purchasing his fiancee’s engagement ring online, after he was bombarded with targeted social media ads. Source: Marc Hostovsky Before he proposed to his now-fiancee last fall, Marc Hostovsky spent...