All articles tagged with #global sales
Starbucks reported its first quarterly same-store sales growth in nearly two years, with a 1% increase globally and a turnaround in U.S. sales, driven by its 'Back to Starbucks' strategy, despite slightly missing earnings expectations.
AliExpress, owned by Alibaba, has signed David Beckham as a brand ambassador to boost global sales and compete with rival Temu. The e-commerce platform is investing heavily in international markets as domestic growth slows, including sponsoring the UEFA Euro 2024 tournament. AliExpress aims to leverage its logistics capabilities and promotional campaigns to attract price-sensitive consumers and differentiate itself from competitors.
Samsung has surpassed Apple in global smartphone sales for the first quarter of the year, with 20.8% of the market compared to Apple's 17.3%. Apple's sales have declined, possibly due to economic factors and waning interest in iPhones, while Samsung's Galaxy S24 series launch and exclusive features have boosted its brand. The global smartphone market includes a diverse range of offerings, with Xiaomi and Transsion also holding top spots. Rumors suggest that the upcoming iPhone 16 may introduce features to compete with Android devices, potentially impacting the market later this year.
Nissan plans to launch 30 new models by 2027, with 16 of them being electrified, as part of its effort to boost global sales by 1 million vehicles and increase operating profit margin to over 6% by 2027. The company aims to have electrified vehicles make up 60% of global sales by the end of the decade, with a focus on reducing the cost of next-generation EVs. Nissan also intends to explore strategic partnerships, including a potential collaboration with EV maker Fisker, to further its electric vehicle initiatives.
Sega and Ryu Ga Gotoku Studio announced that the adventure role-playing game Like a Dragon: Infinite Wealth has shipped over 1 million copies globally, making it the fastest-selling game in the franchise. In celebration, Sega will be giving out free in-game celebratory T-shirts to players. The game was launched on January 26 for various platforms and has already sold over 100,000 copies.
The Tesla Model Y has become the world's bestselling car, surpassing Toyota's RAV4 and Corolla models in global sales rankings for Q1 2023, with 267,200 units sold. Despite its higher price point, the Model Y's sales have increased by 69% YoY, likely due to Tesla's price cuts and slow EV development by competitors. However, Tesla still lags behind major automakers in overall revenue and unit sales.