Sales

Apple to Increase Investments in India to Pick Up Slow Sales in China

Apple Inc is planning to increase investment in India. The company recently indicated that it is eyeing the second largest market in the world for long-term investment opportunities.

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AirAsia India CEO Mittu Chandilya to Leave the Airline Soon

AirAsia India’s head Mittu Chandilya is confirmed to soon leave the airline. The decision emerged after he previously expressed disfavour on the micro-management practiced by the airline’s parent company in Malaysia. His successor is yet to be decided, but it’s likely to be an executive from the parent airline.

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Burberry Sued J.C. Penney for Selling Infringed Products Using Its Trademark Pattern

Burberry filed a lawsuit over the claim that U.S. retailer J.C. Penney sold infringed products. The retailer was accused of copying Burberry’s century-old pattern trademark and kept selling the product for up to two months after Burberry raised its objections.

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Swatch Teams Up With Safilo to Design and Distribute Sunglasses Collection

Swatch will help design the sunglasses collection while Safilo will be in charge of production. The two companies will distribute the products in both their stores worldwide. The five-year agreement aligns with both the companies' strategic plan to create a new design concept.

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Apple Users Could Soon Trade-In Old Models and Broken iPhones For a New One

The program is an extension of the Reuse and Recycle iPhone program that originally didn't include broken iPhones in its trade-in program. The broken iPhones would be credited for $50-$250 that could be used to get a brand new iPhone. The extended program will be available in the U.S shortly within a week.

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Nigeria's National Oil Company Announced an Annual Loss of $1.34 Billion

The loss is combined from its corporate service unit and its three refineries. The total annual loss was consistent with the company's continuing monthly loss over the past year. Nigeria, as Africa's biggest economy and largest oil producer, has been greatly suffered the oil prices fall.

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Nigeria Economic Slowdown Hits Guinness Nigeria's Sales

Guinness Nigeria, the country's second-biggest brewer is seeing a prolonged decline in sales and shares. The failing of the beer industry is part of a bigger national economic slowdown, whereas Nigeria, Africa's largest economy, seek out for loan to cover budget deficits.

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Nestle Japan Launched New Kit Kat Flavor, Kit Kat Sake

The product will hit the stores in early February, just in time for Valentine's Day. Kit Kat Sake is expected to be a worldwide sensation just like Nestle Japan's Kit Kat Green Tea. Kit Kat bars are particularly popular in Japan because the brand sounded like the Japanese for 'you will surely win'.

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Jay Z faced with more than $18 million lawsuit for his fragrance sales

The lawsuit claims a penalty of $18 million as well as the returning of $2 million royalty payment because Jay Z was not abiding by the agreement that he would promote his signature fragrance. Parlux Fragrances claimed that they have lost millions from potential sales and development costs and demanded a compensatory fine.

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Business experts doubtful regarding future profits and sales

Business economists seem to be more doubtful regarding their companies' future profits and sales. According to a survey, these economists expect slower GDP growth.

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Amazon India sales leap to Rs1, 022 crore

Amazon India, an online market, announced a six-fold leap in sales to Rs1, 022 crores for the year ending March 31, 2015, but net loss climbed to Rs1, 723.6 crores during the year.

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El Chapo Shirt: Shirt Sales Rise as Mexican Drug Lord gets Recaptured

The store who designed and manufactured the shirt keeps getting surge of orders. El Chapo, the drug lord captured last Friday, was shown wearing that shirt on a photograph with actor Sean Penn.

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Tesco Sales Improved: Rise in Sales Attributed with Christmas 2015

The news came as a surprise because previously the grocer had faced significant drop in sales and shares. Tesco also reported its lowest-ever sales last year on April. Other grocers also reported better sales than predicted.

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E-cigarettes lowers smokers' chances to quit, according to a recent study

Recent study adds to the controversy of whether it is safe and effective to use e-cigarettes as a substitute to conventional cigarettes.

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Great Wall Motor car manufacturer launched R&D office in Japan

The company aims to establish other R&D offices overseas, especially in the United States and Europe. By doing that, they strive to deliver better quality and technology that could enter globat markets.

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