Global smartphone shipments have fallen by 16.8 percent due to worldwide lockdowns to stop the spread of coronavirus, reports analyst firm Omdia. Phone vendors such as Apple, Samsung and Huawei are feeling the pinch from production shutdowns at factories, product launch delays and stunted consumer demand. In the first quarter of the year – from … Read more
Pineapple sales soar 900% in South Africa as drinkers use it to create home-brew amid coronavirus alcohol ban Bars and off-licences have been closed since March because of the pandemic A traditional recipe for pineapple beer has spread rapidly online in South Africa Daily sales of pineapples in Johannesburg have surged from 10,000 to 100,000 … Read more
Twitter sales plunge 27% but users grow amid ‘global conversation’ about coronavirus pandemic By Matt Oliver For The Daily Mail Published: 21:51 BST, 30 April 2020 | Updated: 22:25 BST, 30 April 2020 Twitter revealed record numbers of new accounts but swung into a loss as the coronavirus crisis hit spending by advertisers. The US … Read more
Housebuilder Persimmon has got back to work on its construction sites this week, amid a ‘phased process’ of reopening. The group, which is holding its annual general meeting today, said customer inquiries had remained at ‘good levels’, even during the lockdown period. But, after a ‘robust’ start to the year, the company admitted that social … Read more
Dixons Carphone’s online sales rise 166% in five weeks as locked down shoppers snap up laptops, TVs, gaming equipment and fridges FTSE-250 listed group’s share price jumped over 19% earlier today Retailer has scrapped its annual dividend and furloughed 16,500 people By Jane Denton For Thisismoney Published: 12:15 BST, 29 April 2020 | Updated: 12:24 … Read more
Hundreds of thousands of home sales worth a total of £82billion that were agreed before the outbreak of the coronavirus pandemic are now on hold due to the lockdown, new research shows. Property website Zoopla said some 373,000 property transactions are suspended in the pipeline as Government restrictions are effectively stopping people from moving home. … Read more
Brits drink their way through lockdown: Sales of wine, beer and spirits up 31 per cent (and hair clippers have sold out too) Boom means an additional £200million has been spent on alcohol in March Grocery sales also accelerated to £10.8billion partially due to panic buying Wine was the most popular lockdown drink, followed by … Read more
Retail sales reported the sharpest fall on record last month as clothing sales plunged by a third, according to new figures. The Office for National Statistics (ONS) said total sales volumes dived 5.1 per cent as many stores shut their doors in the face of the coronavirus. It added that clothing store sales saw a … Read more
Chinese add sparkle to sales at Tiffany despite massive Hong Kong protests By Daily Mail City & Finance Reporter Published: 22:59 BST, 26 December 2019 | Updated: 22:59 BST, 26 December 2019 American jeweller Tiffany has revealed a rise in sales just weeks after it was bought by France’s LVMH for £12.5billion. The company estimates … Read more
John Lewis sales have taken a nose dive after it was forced to shut stores across the country in the face of the coronavirus pandemic. The embattled high street retailer was already facing one of the toughest periods in its history at the start of the year as group profits plunged to £146 million, down … Read more