raises Archives

Victoria’s Secret reports Q2 sales decline, raises full-year 2024 outlook

August 29, 2024 mpsingh No Comments Business decline, fullyear, Outlook, raises, reports, sales, Secret, Victorias

Victoria’s Secret & Co. reported net sales of $1.417 billion for the second quarter of 2024, a decrease of 1%. Victoria’s Secret reports Q2 sales decline, raises full year 2024 outlook. – Victoria’s Secret The Reynoldsburg, Ohio-based company said total comparable sales during the quarter ending August 3, decreased 3%, yet the overall results were at [...]read moreVictoria’s Secret reports Q2 sales decline, raises full-year 2024 outlook

Pandora raises full-year growth outlook as broader product range pays off

August 13, 2024 mpsingh 1 Comment Business Broader, fullyear, growth, Outlook, Pandora, pays, product, raises, range

By Reuters Published Aug 13, 2024 Pandora, the world’s biggest jewellery maker, raised its full-year growth outlook, presenting a more upbeat outlook than some other consumer goods companies as it continues to expand its product range. The company said its operating profit rose to 1.34 billion Danish crowns ($196.25 million) in the second quarter from [...]read morePandora raises full-year growth outlook as broader product range pays off

Chanel raises €700 million from high-grade private debt market

July 30, 2024 mpsingh No Comments Business Chanel, debt, highgrade, Market, million, Private, raises

By Bloomberg Published Jul 30, 2024 Chanel has raised over €700 million ($758 million) from a privately-placed bond sale, people with knowledge of the matter said. Chanel Couture – ©Launchmetrics/spotlight The London-based luxury fashion house is the latest big European business to raise debt privately, following similar deals for German engineering firm Robert Bosch Gmbh, [...]read moreChanel raises €700 million from high-grade private debt market

Douglas raises annual targets after strong third quarter

July 17, 2024 mpsingh No Comments Business Annual, Douglas, Quarter, raises, strong, targets

By DPA Translated by Roberta HERRERA Published Jul 17, 2024 Following its third-quarter results, Douglas has revised its outlook upwards for the fiscal year 2023/24, now anticipating revenue growth of about 8.5%, up from the previously forecasted 7%. shutterstock Following its third-quarter results, the perfume retailer Douglas has revised its outlook upwards for the fiscal [...]read moreDouglas raises annual targets after strong third quarter

Uniqlo owner posts 29% jump in Q3 operating profit, raises forecast

July 12, 2024 mpsingh No Comments Business forecast, jump, operating, owner, posts, profit, raises, Uniqlo

By Reuters Published Jul 12, 2024 Japan’s Fast Retailing, the owner of clothing brand Uniqlo, said on Thursday its third-quarter operating profit surged 29%, buoyed by strong sales at home. Reuters Profit rose to 144.7 billion yen ($894.81 million) in the three months to May 31 from 112.5 billion yen in the year-earlier period. The [...]read moreUniqlo owner posts 29% jump in Q3 operating profit, raises forecast

Omi, a specialist in 3D modelling for brand campaigns, raises €13 million

June 17, 2024 mpsingh No Comments Business brand, Campaigns, million, modelling, Omi, raises, specialist

“Making 3D modelling accessible to non-experts” was Hugo Borensztein’s ambition when he launched Omi with his brother Paul in 2020. The entrepreneurs wanted to offer brands a Saas (software as a service) solution that would enable them to create 3D visuals for their campaigns, particularly for social networks, in just a few minutes. The 3D [...]read moreOmi, a specialist in 3D modelling for brand campaigns, raises €13 million

FinLocker raises $17M in Series B funding round

May 14, 2024 mpsingh No Comments Real estate 17M, finlocker, funding, Radian, raises, series, Venture Capital

FinLocker, the St. Louis-based developer of a leading white-label financial fitness and homeownership platform, announced the closure of a $17 million Series B funding round on Tuesday. The investment from Radian Group and existing shareholders will enable FinLocker to introduce a suite of new features and tools designed to optimize the homebuying and homeownership experience. [...]read moreFinLocker raises $17M in Series B funding round

Wayve raises $1 billion to take its Tesla-like technology for self-driving to many carmakers

May 7, 2024 mpsingh No Comments Technology billion, carmakers, raises, selfdriving, Technology, Teslalike, Wayve

Wayve, a UK-born startup developing a self-learning rather than rule-based system for autonomous driving, has closed a $1.05 billion in Series C funding led by SoftBank Group. This is the UK’s largest AI fundraise ever and sits among the top 20 AI fundraises globally to date. Also participating in the raise was NVIDIA and existing [...]read moreWayve raises $1 billion to take its Tesla-like technology for self-driving to many carmakers

Germany’s Henkel raises 2024 outlook on strong Q1

May 4, 2024 mpsingh No Comments Business Germanys, Henkel, Outlook, raises, strong

By Reuters API Published May 4, 2024 German consumer goods company Henkel slightly raised its guidance for 2024 on Friday, saying strong performance in the first quarter had boosted its sales and earnings outlook. Reuters The group raised its guidance for full-year organic sales growth, now expecting an increase of 2.5% to 4.5% compared with [...]read moreGermany’s Henkel raises 2024 outlook on strong Q1

Iconiq raises $5.15B toward seventh flagship fund

May 4, 2024 mpsingh No Comments Technology 5.15B, flagship, fund, Iconiq, raises, seventh

Iconiq Capital has raised $5.15 billion across two funds associated with the seventh growth fund family, according to SEC filings. The firm, which launched in 2011 as a private office managing capital of some of the most prominent and wealthiest people in tech, including Mark Zuckerburg and Jack Dorsey, originally targeted $5.75 billion, according to [...]read moreIconiq raises $5.15B toward seventh flagship fund