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NIKE ONLINE SALES CHINA
Reliance launches AJIO Beauty to capture India's booming marketReliance Retail has launched AJIO Beauty, expanding its beauty business. This move integrates cosmetics and personal care onto its fashion ...- Kalshi debuts US midterms hub for election forecasts and polling dataKalshi has launched a new hub for tracking U.S. midterm elections. This platform offers real-time election forecasts and polling data. It u...
- Global Market: Chinese stocks advance on AI, chip rally; Hong Kong shares slipChinese mainland stocks advanced, led by gains in AI, semiconductor and metal shares, while Hong Kong equities declined as investors booked...
- Data centre component maker Zhongji InnoLight seeks $7 billion in Hong Kong listingThe listing, expected to take place on July 30, is the latest in a recent run of blockbuster debuts from Chinese AI-related companies in Ho...
- Nike to tighten online sales in China amid 'fragmented' marketplaceNike is restricting online sales by distributors in China. This move aims to rebuild shopper trust and sell products at full price. Key ret...
- Schindler Q2 sales miss expectations as weak China market dragsSchindler shares fell around 5% as investors worried about weak demand in China’s property market, despite global order growth for a third ...
- EU hits AliExpress with a record 550 million-euro fine over unsafe and counterfeit goodsThe European Commission has fined AliExpress 550 million euros for failing to stop unsafe products. This significant penalty is the largest...
- FIFA World Cup final drives online sales for D2C brands and restaurantsOnline delivery platforms and restaurants experienced increased orders ahead of the FIFA World Cup final. Quick commerce apps offered disco...
- Reliance Industries' FMCG business turns EBITDA positive for the first timeReliance's FMCG arm, Reliance Consumer Products Ltd (RCPL), has turned EBITDA-positive for the first time, a key milestone as it scales its...
- Pocket-size AI: Powerful phones star at China showTech firms are developing AI agent smartphones that could revolutionize mobile use. These advanced phones aim to perform tasks using voice ...
- Volvo Cars sees stronger second half despite steep China decline, rising costsVolvo Cars anticipates improved profitability in the second half of the year. Rising raw material costs and a severe China slowdown are imp...
- China's oil imports have plunged during the Iran war. How much will they recover?China's oil imports have significantly decreased since April. This reduction has kept global prices stable and freed up supply. Analysts ar...
- China's rare earth curbs put $6.5 trillion of global output at riskChina's rare earth export curbs could endanger trillions in global production. The International Energy Agency suggests multilateral stockp...
- Chinese banks set for $41 million payday from chipmaker's $8.6 billion IPOSix Chinese investment banks will earn at least $41 million from CXMT's IPO. This significant payout boosts the industry's income pool, whi...
- China's record consumer defaults undermine Beijing's push to boost spendingChinese banks are reluctant to increase lending as bad loans rise. The government wants borrowing to boost consumption and economic growth....
- Cartier-owner Richemont's sales beat boosts luxury sector as jewellery shinesThe latest sales report from Richemont reveals a strong performance, outpacing forecasts with a twenty percent rise in sales in constant cu...
- In Canada, no online ticket booking for Vijay's Jana Nayagan. How tickets will be soldVijay's Jana Nayagan will have a different ticket booking process in Canada, where York Cinemas has announced that tickets will be sold onl...
- Dutch tech giant ASML posts gain in second-quarter profitsDutch tech giant ASML, which makes cutting-edge machines to manufacture semiconductor chips, Wednesday posted a gain in second-quarter net ...
- BMW races to catch up in a Chinese EV market that won't slow downBMW faces declining sales in China after two years of reduced performance. The automaker's new electric cars are set to launch in November....
- US Stocks: Nike shares fall on grim sales outlook; China woes hit turnaround plansShares of Nike fell as investors raised alarms over the slow pace of recovery with CEO Elliott Hill at the helm for nearly two years. While...
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