Vinted’s Rise to Retail Power and the Fraud Scandals Threatening Its Growth Vinted has surged into the top tier of European resale marketplaces, even outselling Amazon for clothing in some …
sales
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Technology
Kunlunxin expands chip sales as Tencent becomes customer and ByteDance considers adoption
by Helga Moritzby Helga MoritzKunlunxin Spins Out from Baidu as Chip Unit Expands Sales to Tencent and Draws ByteDance Interest Kunlunxin, Baidu’s AI chip unit, has been spun out while Baidu keeps majority ownership; …
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Business
H&M misses spring sales expectations and blames poor inventory management
by Leo Müllerby Leo MüllerH&M Misses Spring Profit Forecast After Inventory Shortfalls and Rising Cotton Costs H&M misses spring profit forecasts as inventory missteps and higher cotton costs weigh on sales; March–May operating profit …
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Business
Datev Mittelstandsindex reveals German Mittelstand sales slump in May 2026
by Leo Müllerby Leo MüllerGerman Mittelstand sales fall 1.4% in May 2026, Datev index shows German Mittelstand sales fell 1.4% in May 2026, the Datev Mittelstandsindex shows; trade, construction and manufacturing led declines while …
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Business
FIFA under scrutiny by US prosecutors over World Cup ticket sales
by Leo Müllerby Leo MüllerGianni Infantino Faces U.S. Ticketing Inquiries as FIFA Defends 2026 Strategy Gianni Infantino confronts investigations by New York and New Jersey over 2026 World Cup ticketing as FIFA pushes expansion …
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Business
German automakers face 23% Q1 operating profit plunge as China sales tumble
by Leo Müllerby Leo MüllerGerman automakers profit slump deepens as Q1 revenues and operating profit slide, EY says EY analysis: German automakers’ Q1 profit slump deepens as revenue declines, China sales drop and electrification …
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Business
German breweries warn World Cup alone will not guarantee higher beer sales
by Leo Müllerby Leo MüllerGerman breweries cautious ahead of World Cup as sales hinge on weather and team success German breweries are cautiously optimistic about the World Cup, but say summer beer sales will …
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Technology
Nvidia posts 85% revenue surge to $81.6B as data-center sales nearly double
by Helga Moritzby Helga MoritzNvidia quarterly results: Revenue soars 85% to $81.6 billion in Q1 FY2027 Nvidia posts record quarterly results as revenue jumps to $81.6B, driven by a near-doubling of data‑center sales and …
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Technology
OpenAI Sales Chief Dresser Confirms Enterprise Revenue at 40% and Targets 50%
by Helga Moritzby Helga MoritzOpenAI sales chief targets 50% enterprise revenue as corporate demand grows OpenAI sales chief Denise Dresser says enterprise customers now generate 40% of the company’s revenue, with a plan to …
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Technology
Dictation apps reshape office etiquette as workplaces sound like sales floors
by Helga Moritzby Helga MoritzDictation Apps Transform Office Soundscapes as Whispered Commands Become Commonplace Dictation apps are reshaping office behavior as workers increasingly speak to their computers, prompting questions about etiquette, privacy and workplace …