Tag: defies

Hermes defies luxury slowdown with sales jump in china

By Bloomberg Published Apr 25, 2024 Hermes saw Chinese buyers snap up its luxury products as the Kelly bag maker showed its resilience amid a broader slowdown in demand for the sector. Hermes Theo Sion Sales at constant exchange rates jumped 17% to €3.8 billion ($4.1 billion) in the first quarter, Hermes International SCA said [...]read moreHermes defies luxury slowdown with sales jump in china

Italy’s Cucinelli defies slowdown fears with 16.5% growth in sales

By Reuters API Published Apr 17, 2024 Italian luxury group Brunello Cucinelli said on Wednesday its sales rose 16.5% at current exchange rates in the first quarter, driven by growth in all regions, including Asia. Brunello Cucinelli As demand for luxury goods slows, the gap between the performances of different groups widens, with those focusing [...]read moreItaly’s Cucinelli defies slowdown fears with 16.5% growth in sales

X Faces a Ban in Brazil as Elon Defies Government Order To Censor Users

It seems like X (formerly Twitter) could be facing a ban in Brazil, after Elon Musk’s latest decision to defy a court order to block “certain popular accounts in Brazil” On Saturday, X shared this overview of the situation, and the actions that it was being essentially forced to take as a result: X Corp. [...]read moreX Faces a Ban in Brazil as Elon Defies Government Order To Censor Users

X Faces a Ban in Brazil as Elon Defies Government Order to Censor Users

It seems like X (formerly Twitter) could be facing a ban in Brazil, after Elon Musk’s latest decision to defy a court order to block “certain popular accounts in Brazil”. On Saturday, X shared this overview of the situation, and the actions that it was being essentially forced to take as a result: X Corp. [...]read moreX Faces a Ban in Brazil as Elon Defies Government Order to Censor Users

X Faces a Ban in Brazil as Elon Defies Government Order to Censor Users

It seems like X (formerly Twitter) could be facing a ban in Brazil, after Elon Musk’s latest decision to defy a court order to block “certain popular accounts in Brazil”. On Saturday, X shared this overview of the situation, and the actions that it was being essentially forced to take as a result: X Corp. [...]read moreX Faces a Ban in Brazil as Elon Defies Government Order to Censor Users

Furnished rental startup Blueground defies proptech woes with $560M in revenue, a new $45M raise

Alex Chatzieleftheriou founded Blueground in 2013 after being frustrated with the dearth of short-term furnished apartments in Europe. He had been traveling as a consultant for McKinsey, living almost exclusively in hotel rooms for months. “One time the company had to pay up to €15,000 for a hotel room in Amsterdam. And there wasn’t enough [...]read moreFurnished rental startup Blueground defies proptech woes with $560M in revenue, a new $45M raise

Ecuador president defies gangs to take on the army

The 36-year-old president, who has only been in power for two months, challenged the gangs. “Be brave, fight the soldiers,” he told them, referring to the fact that most of those who have been targeted by the gangs have been civilians or unarmed prison guards. Source link