Sales

DeVANS to boost Samba beer capacity to 600K HL with Rs 60 crore investment

Next financial year, the company plans to launch two limited editions of Gianchand, its flagship Indian Single Malt

Nordstrom raises lower end of annual sales outlook on uncertain environment

Nordstrom's addition of sought-after brands, along with its focus on digital growth and expanding stores of its off-price brand Rack, has boosted sales ahead of a potentially mixed holiday season

Unilever, Danone boost sales as price hikes start to slow, beats Q3 sales

Shoppers started trading down to cheaper alternatives, such as private label brands owned by Walmart, Tesco and Carrefour. At their peak in the fourth quarter of 2022, Unilever's underlying prices

Dulux maker AkzoNobel misses Q3 forecasts as demand weakens in China

Its third-quarter revenue fell 3 per cent from a year earlier to 2.67 billion euros ($2.88 billion), below the 2.76 billion euros expected by analysts in a company-provided consensus

Logitech raises full-year outlook as sales and profits exceed expectations

The company, whose other products also include mobile speakers and webcams, said revenue grew 6 per cent to $1.12 billion, beating the forecast of $1.10 billion

Logitech raises full-year outlook as sales and profits exceed expectations

The company, whose other products also include mobile speakers and webcams, said revenue grew 6 per cent to $1.12 billion, beating the forecast of $1.10 billion

Black Box targets tripling sales over next 4 yrs on US networking demand

The company is seeking to capitalise on a global quest for artificial intelligence that's prompting customers to invest in computing and data storage capacity

CCD cafe count falls to 450 in FY24, no of operational vending machines up

The number of Cafe Coffee Day (CCD) outlets declined to 450 in FY24, though the count of operational vending machines at corporate workplaces and hotels increased to 52,581. The number of Value Express kiosks also declined marginally to 265, according to the latest annual report of Coffee Day Enterprises Ltd (CDEL), which owns the chain through its subsidiary Coffee Day Global Ltd. Coffee Day Global was operating 469 cafes and 268 CCD Value Express kiosks in FY23. Moreover, CCD's presence also declined to 141 cities in FY24, as compared to 154 cities a year before, the annual report showed. It had a presence in 158 cities in FY22. However, there is a substantial increase in the number of operational vending machines, which has gone up to 52,581 in FY24 from 48,788 of FY23. It was at 38,810 in FY22. CDEL further said gross revenue from the company's consolidated coffee business stood at Rs 966 crore in 2023-24, up 11.16 per cent year-on-year. CDEL has been facing trouble since the

Construction equipment sales rise 5% to 28,902 units in Q1 FY25: ICEMA

India's construction equipment industry witnessed a 5 per cent rise in sales to 28,902 units during the April-June quarter of 2024-25, a report said on Friday. As per the data released by the Indian Construction Equipment Manufacturers' Association (ICEMA), the construction equipment (CE) industry had sold 27,577 units in the same period of the previous fiscal. "The first quarter sales of construction equipment in FY2024-25 grew 5 per cent on a year-on-year basis from 27,577 units in Q1 FY2023-24 to 28,902 units in Q1 FY2024-25," it said. The report further said the growth was a result of increasing year-on-year sales in three of the five main equipment segments of the CE industry in the April-June 2024 period. "These were earthmoving equipment with a 5 per cent increase, road construction equipment with a 9 per cent increase, and concrete equipment with a growth of 11 per cent. "Material handling equipment and material processing equipment, on the other hand, clocked 3 per cent a

0.5% rise in UK retail sales volume in July as inflation begins to ease

Retail sales volumes in July were 1.4% higher than a year ago, the Office for National Statistics said, in line with economists' median forecast in a Reuters poll

Boost your IT sales with game-changing tips

Tech layoffs continue: Dell to slash 12.5K jobs in restructuring for AI era

Dell executives Bill Scannell and John Byrne communicated the layoffs through an internal memo, titled "Global Sales Modernisation Update", on August 6

Flipkart announces GOAT sale, offers deals on wide selection of products

Flipkart, India's homegrown e-commerce marketplace, on Thursday announced its first-ever G.O.A.T (Greatest of All Time) sale, slated for July 20-25, with early access starting on July 19, offering attractive deals on a wide array of products such as large home appliances. "With the tagline 'G.O.A.T Bano. Bakra Nahi', the sale will have some of the most reputed brands spanning various large appliances categories such as TVs, washing machines, refrigerators, and others laden with many attractive offers and one-day delivery on all purchases in metros," Flipkart said in a statement. To make the shopping experience more convenient and affordable, Flipkart will provide exciting deals and ease on the exchange of any old large home appliance with enhanced savings on the new product, along with simplified payment options like offers on bank and credit/debit cards, no-cost EMI for up to 18 months, and SuperCoins offers for 'Flipkart Plus' members. Besides large appliances, the sale will have

Amazon Prime Day event starts, sales up 12% in first 7 hours: Report

The average household spent about $100 on Prime Day purchases as of noon New York time, according to Numerator, which tracked more than 2,000 orders from more than 1,200 households

Sony announces promotional discounts on PS5 Slim, VR2, select gaming titles

Dubbed "Days of Play", the promotional discounts on Sony gaming products can be availed on Amazon, Blinkit, Croma, Flipkart, Reliance, Sony Center, Vijay Sales, and select retail outlets

Array Networks Announces the New Country Manager for India

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Ajmera Realty & Infra's FY24 sales booking rises 21% to Rs 1,017 crore

Ajmera Realty & Infra India Ltd on Tuesday reported a 21 per cent annual growth in its sales booking to Rs 1,017 crore during the last financial year, helped by strong housing demand. Its sales booking stood at Rs 842 crore in the year-ago period. In a regulatory filing, the Mumbai-based firm said that the sales booking in carpet area rose 28 per cent to 4,72,751 square feet during 2023-24 fiscal from 3,70,219 square feet in the previous year. "We have achieved our highest ever pre-sales figures, totalling Rs 1,017 crore, in alignment with our stated guidance. The company's relentless efforts have yielded remarkable results across aggressive acquisitions, business development endeavours, and execution strategies, underscoring excellence in every aspect of our operations," Dhaval Ajmera, Director at Ajmera Realty & Infra India, said. During the fourth quarter of 2023-24 fiscal, the company's sales booking rose 63 per cent to 1,12,931 square feet from 69,209 square feet in the ..

Smart TV prices to go up this year, shipments down 16% in 2023: Report

Prices of smart TVs are likely to increase in the first half of the ongoing calendar year as prices of panels have gone up in the international market, according to a report on Thursday. The brands are likely to pass on the increase in rates, resulting in a hike in smart TV prices, according to the latest research from Counterpoint's IoT Service. However, the report also expects "smart TV shipments to increase by 9 per cent" this year, as the demand for premium models will increase and consumers will likely upgrade to a larger screen. "The push towards online purchases is set to increase as consumers' confidence in online platforms is increasing, which will encourage them to buy premium models from these platforms. The increasing preference for premium TVs will drive the overall market's average selling price (ASP) further," it said. In 2023, India's smart TV shipments declined 16 per cent, impacted by a hit in the first half due to macroeconomic challenges and excess inventory, ..

Pernod Ricard's H1FY24 sales in Indian mkt up 4%, expects high growth in H2

French spirit maker Pernod Ricard has reported a 4 per growth in sales in the Indian market during the first half of the current financial year. The company, which follows July to June fiscal year, has witnessed a "strong market demand for spirits" in India, according to the latest earnings statement from Pernod Ricard. Moreover, a "strong growth" is expected in the second half (January to June 24) from India, which is the second largest market globally for Pernod Ricard after the US. Its international brands Jameson, Absolut and The Glenlivet reported a "very strong growth" in the Indian market during the period, the company said. Besides, its Indian whisky portfolio Seagram's which includes IMFL (Indian-made foreign liquor) brands such as Blenders Pride, Imperial Blue and Royal Stag also reported over 4 per cent growth in sales, Pernod Ricard added. The company had an "acceleration in Q2 net sales against easing comparables", according to the earnings statement. Globally in the

Pent-up demand fuels Blue Star's air conditioners sales growth by 30%

Robust demand from Tier-III and Tier-V towns spurs growth