A Dior boutique in Hong Kong, June 29, 2022. SOPA IMAGES / LIGHTROCKET VIA GETTY IMAGES “Hello Google. How much is 79.2 billion euros of turnover in dollars? » At the opening of the LVMH annual results press conference on Thursday, January 26, in Paris, the computer of Robert Williams, journalist for The Business of Fashionan American publication devoted to the fashion sector, echoed the astonishment of Anglo-Saxon financial analysts when reading the results of the world's number one luxury...
shares in this articleIn the fourth quarter of 2022, Tesla posted earnings per share of $1.19. This is a significant increase compared to the same period last year, when the group was around Elon Musk reported $0.847 in earnings per share. Analysts had expected earnings to rise to $1.13 per share. The electric-car maker's quarterly revenue came in at $24.32 billion, up from the $24.16 billion that analysts had forecast. Tesla had sales of $17.72 billion in the fourth quarter...
shares in this articleThe software giant Microsoft struggled at the end of the year in view of high inflation and fears of recession and earned significantly less. In the three months ended December, net income fell 12 percent year-on-year to $16.4 billion. Sales increased 2 percent to $52.7 billion, the weakest growth in more than six years.Overall, however, the quarterly figures were in line with expectations. Earnings in the important cloud business were also slightly higher than Wall Street analysts...
Status: 01/24/2023 2:19 p.m Swiss watches are known and valued around the world and are now also proving to be crisis-proof: Despite the general slump in consumption due to inflation and the Ukraine war, there was a sales record last year. With exports worth 24.8 billion francs, the Swiss watch industry set a sales record last year. This was announced by the Association of the Swiss Watch Industry (FH). The sales correspond to an increase of 11.4 percent compared to...
Ether returns to “deflation” again, according to data from ultrasound.money This shows that the net amount of ether emissions, or annual inflation, is down to -0.07%, meaning that the amount of ether being burned is higher than the amount currently being emitted. Marcus Sotiriou, market analyst at digital asset broker GlobalBlock, noted that recent ether deflation is a result of NFT token sales, driven by the broader crypto market sentiment. More than 14,700 Ethers (ETH), worth about $24 million, have...
STORY: The sequel to the US entertainment group Disney's fantasy film "Avatar" has been well received by the public. Disney announced on Sunday that "Avatar - The Way of Water" has now grossed more than two billion dollars worldwide. The strip was released in cinemas in December, 13 years after the first part. After six weeks in cinemas, the new episode is already the 6th best-grossing film of all time. Director James Cameron had stated that the expensive film had...
The Bavarian retail sector is expecting particularly strong sales of carnival items this year. After the many unusual events in the Corona years, there is a need to catch up, said Bernd Ohlmann, Managing Director of the Bavarian Trade Association, of the German Press Agency. Overall, he estimates the volume of carnival items for this year at around 40 million euros - especially in the carnival strongholds in Franconia.Ohlmann does not believe that the increased prices and concerns of the...
Over the past year, NFT tokens have continued to play a key role in the growing Web3 industry, with NFTs moving from hype to utility-based projects. and has long-term value A new DappRadar report on Blockchain and Decentralized Applications (DApp) Adoption in 2022 reveals that NFT sales reached 101 million last year, a 67.57% increase from the previous year. According to the report, the Ethereum ecosystem holds the top spot in the NFT ecosystem, holding 21% market share and over...
electronics TV manufacturer Loewe expects sales growth At the headquarters of the electronics group Loewe. photo © Nicolas Armer/dpa Loewe looks back on 100 years of company history. Despite an eventful history, business continues to be stable. In Kronach, the premium supplier is currently dedicated to display production. The Franconian television manufacturer Loewe is confident despite the gloomy consumer mood in Germany. For the year 2023, the company from Kronach expects sales growth of 15 percent, as technology chief Thomas...
Soccer Sales of Europe's top clubs back to pre-Corona level The turnover of Europe's top clubs is back to the pre-Corona level. photo © Luca Bruno/AP/dpa Corona is almost forgotten. Europe's footballing elite is enjoying earnings at pre-pandemic levels. This is mainly due to the fans, according to the "Football Money League". The return of fans to the stadiums has lifted the turnover of the European football nobility back to the level before the Corona period. According to the auditing...
