In the fourth quarter of fiscal year 22 (ending on April 30), Hugo Boss of Germany reported an 18% increase in revenues.

Hugo Boss, a high-end fashion brand located in Germany, saw preliminary sales increase by 18% in the fourth quarter of fiscal 2022 (FY22), to €1,068 million from €905 million in the fourth quarter of fiscal 2021 (FY21). Boss Menswear, Boss Womenswear, and Hugo all saw fourth-quarter rev...

Tilly's holiday sales are down, and the company expects a loss for the fourth quarter

A decline of 12.9% was seen in Tilly's, Inc.'s net sales of $150.9 million during the nine-week holiday period. The company reported that during the 2022 holiday season, total comparable net sales, which include both brick-and-mortar and online channels, fell by 14.4 percent compared to a...

Due to sluggish demand, Samsung and SK hynix should expect a dismal fourth quarter, according to a study

A report released on Monday indicated that the prospects for the fourth quarter sales of South Korean semiconductor giants Samsung Electronics and SK hynix were bleak due to weak demand for memory chips.

According to a research by Daol Investment and Securities, the world's top make...

Growth in Germany's third quarter was unexpectedly strong, helping the country stay "afloat"

Data released on Friday revealed that Germany avoided a recession in the third quarter thanks to unexpected growth, but indicators pointed to even greater inflation caused by the hard transition away from Russian energy in Europe's largest economy.

The federal statistics office repo...

Two-way sales for Jaguar Land Rover are up in the second quarter, but worries about a continued chip scarcity persist.

Over the three months ending on September 30th, JLR sold 88,121 units in retail.For the three-month period of July-September, JLR's wholesale sales totaled 75,307.Strong demand has led to a full order book for all three new Range Rover models.

On Friday, Jaguar Land Rover (JLR) repo...

The beginning of the fourth quarter will be dominated by global earthquakes and employment data

There is a great deal of worry surrounding the markets and the global economy as we begin the first working week of the fourth quarter.

The U.S. market concluded the third quarter on a downturn, down about 25% year-to-date as measured by the S&P 500. The new British prime minister, ...

Beginning with the fourth quarter, markets and the economy will be dominated by global tremors and job numbers.

There is a great deal of anxiety surrounding the markets and the world economy as we enter the first working week of the fourth quarter.

The U.S. market, as measured by the S&P 500, finished the third quarter down over 25% for the year. Globally, the new British Prime Minister Liz T...

West Ham Has Made it to the Europa Quarters

On Thursday, West Ham United successfully eliminated Sevilla from the UEFA Europa League despite the latter having a six-time record of being the champion.

The West Ham won by 2-0 as they advanced 2-1 on aggregate and reached the quarterfinals of the league for the first time since 1981...

Q3 NET PROFIT OF BANK OF INDIA RISES TO RS 541 BILLION

HIGHLIGHTS

• In Q3, the net profit of Bank Of India rose to ? 541 billion.
• Regarding asset quality, gross NPAs stood at ? 54,997 billion as on 31 DEC 2020.
• In SEP 2020, gross NPAs stood at ? 56,232 billion.
• In DEC 2019, gross NPAs ...

S. KOREAN MANUFACTURERS’ DOMESTIC SUPPLY FALLS IN Q4 2020

Highlights –

• S. Korean manufacturers’ domestic supply falls in Q4 2020.
• In the October-December period, the manufacturing domestic supply index stood at 108.3.
• In Q4 2020, the index for consumer goods declined 1.2 percent on-yea...

APPLE TO OPEN RETAIL STORES IN INDIA

HIGHLIGHTS

• Apple is planning to open retail stores in India due to high sales.
• Q4 2020 was the best quarter for a multinational giant in India.
• Apple has sold over 1.5 million units in the country.

Apple Inc. is planning t...

LG UPLUS CORP. REPORTS NET LOSS IN Q4 2020

Highlights –

• LG Uplus Corp., reports net loss in Q4 2020.
• The company’s net loss stood at $201.7 million in October-December period.
• Its operating income reached 175.5 billion won, down to 3.7 percent.
• The company had...

CHINA’S ECONOMY GOING GREAT GUNS WITH FOURTH QUARTER RESULTS PERKING UP

• China is the solitary nation that observed progressive growth in 2020.
• The world's second best economy with only US in front says it grew 2.3% last year, compared with the previous year, with the final quarter seeing growth of 6.5%.

The COVID-19 pandemic h...

LG ELECTRONICS ESTIMATES INCREASE IN FOURTH-QUARTER EARNINGS in 2020

Highlights –

• LG Electronics estimates an increase in fourth-quarter earnings in 2020.
• The company estimated an operating profit of 647 billion won.
• LG’s H&A business unit division logged around 400 billion won in the fourth ...

S. KOREA’S SAMSUNG ELECTRONICS EXPECTS AN OPERATING PROFIT OF $8.2 BILLION IN Q4 2020

Highlights –

• S. Korea’s Samsung electronics expects an operating profit of $8.2 billion in Q4 2020.
• From October-December 2020 Samsung projects sales at 61 trillion won.
• Samsung’s mobile unit is expected to post an operati...

JAPAN’S FINANCE MINISTRY REPORTS CORPORATE PROFITS TO HAVE DECLINED IN JULY-SEPT.

Highlights –

• Japan’s Finance Ministry reports corporate profits to have declined in July-Sept.
• The corporate profits had a double-digit decline in profits.
• The pretax profits of domestic companies fell by 28.4 percent.

SAMSUNG ELECTRONICS FLOURISHES AMIDST US LED HUAWEI SANCTIONS

• Samsung Electronics did flourishing business third quarter of the year registering largest operating profit in last 2 years.
• The South Korean tech giant said in its primary earnings report that it would register 66 trillion won ($57.01 billion) in revenue and 12.3 trillion won ...

SECOND WAVE OF CORONA VIRUS HITS NURSING HOMES THE MOST

Highlights:

• Nursing homes have been hit the hardest in terms of infection rates and fatalities
• The second surge is making things worse for these establishments

Nursing homes have always been vulnerable to the covid19 infections. When the pandemic hit...

JAPAN REPORTS SHRINK IN THE ECONOMY FOR THE SECOND QUARTER OF FISCAL 2020

Highlights –

• Japan reports shrink in the economy for the second quarter of fiscal 2020.
• The economy shrank by 27.8 percent from the previous quarter.
• Exports dropped by 18.5 percent, imports dropped by 0.5 percent.
• The rev...

FOREIGN INVESTORS SAGS THAILAND ECONOMY DUE TO POLITICAL TENSIONS

HIGHLIGHTS

• Political unrest and public demands bring in the wavy and shaky economy for Thailand
• As Thailand faces distrust of foreign investors due to anti-government rally and causing the economic wide deeper

Speculator trust in Tha...