H&M (HM-B.ST) investors will be hoping the high street fashion chain shows it is on the road to recovery next week despite caution among many shoppers. The retailer is expected to report a slight rise in sales for the latest quarter in an update on Thursday June 26 as it continues with its turnaround strategy….
May Day Holiday Signals Mixed Results for Chinese Consumer Trends Chinese Consumer Confidence Tested Amid Growing Travel and SpendingThe recent May Day holiday has emerged as a significant indicator of consumer sentiment in China, showcasing a blend of heightened travel activity and modest spending. The five-day celebration, traditionally a peak time for family trips, witnessed…
We recently published a list of 12 Best EV Stocks to Buy for The Long Term. In this article, we are going to take a look at where Volkswagen AG (OTC:VWAGY) stands against other best EV stocks to buy for the long term. While there was a slowdown in the US battery electric vehicle (BEV)…
We recently published a list of 12 Best EV Stocks to Buy for The Long Term. In this article, we are going to take a look at where Stellantis N.V. (NYSE:STLA) stands against other best EV stocks to buy for the long term. While there was a slowdown in the US battery electric vehicle (BEV) sales…
By Alessandro Parodi (Reuters) – Global sales of fully electric and plug-in hybrid vehicles will rise by at least 17% this year to over 20 million cars, helped by an extension of China’s auto trade-in subsidies, research firm Rho Motion forecast on Tuesday. Europe, the world’s second-biggest EV market, will return to sales growth as…
By Alessandro Parodi (Reuters) – Global sales of fully electric and plug-in hybrid vehicles rose for a seventh consecutive month in November, jumping 32% year on year for a third consecutive record high, data from market research firm Rho Motion showed on Friday. China continued to lead sales growth, accounting for almost 70% of total…
(Reuters) -Nordstrom slightly raised its annual comparable sales forecast on Tuesday owing to softness in some categories including footwear and apparel toward the end of October. Shares of the company, which surged about 33% so far this year, fell 1% in extended trading. “While we continue to be pleased with our year-to-date results, the external…
By Richa Naidu LONDON (Reuters) – Unilever achieved slightly better than expected underlying quarterly sales after winning back more shoppers with product innovations and slower price increases, posting its biggest gain in sales volumes in three-and a-half-years. The consumer goods giant said on Thursday it was keeping its full-year outlook for 3-5% underlying sales growth…