Tesla’s market value has climbed above Volkswagen’s for the first time to more than €90bn, a threshold that will trigger a huge payout for Elon Musk if he can sustain the feat for months.
The Irish arm of electrical goods retail group Dixons-Carphone saw strong sales growth over the Christmas period, with online sales at its Currys-PC World brand up 20% year-on-year.
Irish shoppers spent more than €1bn at supermarkets over the Christmas period for the first time ever.
The Society of the Irish Motor Industry (SIMI) have revealed how new car registrations for November are up 19.2% (769) when compared with November 2018 (645).
Black Friday is upon us and we may find ourselves in a slight state of sudden panic, says Breda Graham
Kingspan shares have fallen on the Co Cavan-based building insulation specialist reporting slowing sales growth in what it has called fragile end markets, with Brexit having a meaningful negative effect.
€250 million is expected to be spent on Black Friday sales this year as Irish consumers continue to spend despite a recent weakening in consumer confidence.
Tesla’s third-quarter revenue tumbled 39% in the US, its first drop in more than two years, but sales in China and other regions surged, the electric car maker’s break down of sales by geography have shown.
Sales of sparkling wine, including prosecco and champagne, almost doubled here between 2017 and 2018.
Drinks company Pernod Ricard has reported its strongest earnings growth in seven years, largely boosted by a 6% jump in global sales of Jameson Irish Whiskey.
Furniture and electrical stores and supermarkets have gained sales in recent months, but bars were the only business to post significant falls.
Irish shares tapped into a cautious upswing in stock markets hopeful that a Brexit deal will get done even if Theresa May fails next week to get her withdrawal deal through the House of Commons, at the third time of asking.
The cash tills rang for Christmas tree growers this festive season as sales surpassed €22m.
Exports of Irish cream liqueur rose this year while Irish sales also increased.
Ryanair has released its traffic figures for the month of November, showing an increase in customers.
Official statistics released by the Society of the Irish Motor Industry (SIMI) show that the total new car registrations for the month of November were down 5.72% (643) when compared to November 2017 (682).
Jane Brown offers some tips on how to successfully navigate Black Friday.
Westlife have announced they will play an extra two dates in Belfast next year as part of their twentieth-anniversary tour.
The owner of Penneys is blaming the weather for a fall in its annual sales.
Sales of alcohol have risen in the last year, according to the latest report from the Alcohol Beverage Federation of Ireland.
The good weather failed to deliver the expected bounce in sales at the shops last month but spending was nonetheless significantly higher than a year earlier, according to official figures.
Grafton Group shares rose by over 2% on the back of the builders merchanting business posting better-than-expected first half profits and saying it remains on course to meet full-year growth targets.
Growth of Guinness in Ireland and the UK has helped Diageo increase sales by 4% in Europe as the firm said operating profits increased by 4% to £3.7bn (€4.16bn) for the year.
A no-deal Brexit scenario would add further pressure to car sales which are already seeing a huge rise in imports from the UK due to the fall in sterling.
Enterprise Ireland has announced that its clients have hit record-breaking export sales of €22.71bn in 2017.
Soaring temperatures have led to a 12% increase in the sales of ice cream over the past 12 weeks.
Storm Emma hit Irish retailers for tens of millions of euros as the snow and winds kept customers away from the shops, figures indicate.
This year is expected to see a marked slowdown in the pace of retail sales growth, with up to a half of 2017’s growth rate likely to be wiped out.
Debenhams is expanding its foreign exchange services as part of plans to widen its appeal to customers.
New figures show a 3.2% fall in new car sales in January compared with the same month last year, with industry chiefs claiming Brexit and economic uncertainty was a factor.
ISME is urging shoppers hitting the sales to buy locally.
Bargain hunters — assemble! The great sales rush began in earnest yesterday as many households shook off the Christmas Day fun with a bout of retail therapy.
Luxury beauty company Coty can stop retailers from selling its products online, Europe’s top court has ruled.
'Bling' is back here– at least for some - as sales of Louis Vuitton luxury goods here last year soared by 35% to €10.8m, writes Gordon Deegan.
Retail sales were up 4.5% in October compared to the same month last year, but car sales continued to fall, dropping by almost 3%, according to CSO figures.
Like other notable celebratory days on the calendar, Black Friday has now morphed into a full weekend, culminating in Cyber Monday, with retailers encouraging shoppers to take to the high street on the Friday and go online on Monday.
Consumer goods company Reckitt Benckiser has decided to split its business into two units after warning there would be no growth in sales this year.
After more than five years of declining sales, IBM says it will finally show investors it can grow again. Wall Street cheered, sending the shares up the most in more than eight years.
Danone’s sales of baby milk formula in China rose strongly in the third quarter, beating forecasts and sending the French food company’s shares to a record high.
Sales at the Irish arm of the Odeon cinema chain fell last year, despite movie draws that included Bridget Jones’s Baby, Finding Dory, and The Secret Life of Pets.
PSA Group, the French carmaker which owns the Peugeot, Citroen, Vauxhall, and Opel brands, plans to cut 400 jobs at a UK plant in Ellesmere Port to adapt production to falling sales.
Lego said it would lay off around 8% of its staff — some 1,400 — and revamp its business after reporting its first fall in sales in more than a decade.
Building materials giant CRH has said it is ready to act further on what it sees as “a strong pipeline” of acquisition opportunities in light of selling part of its US operations for $2.6bn (€2.2bn).
British retail sales growth slowed in August at the fastest pace in more than a year as the squeeze on consumers from rising prices continued.
Mustard is the new hot thing as US foods giant McCormick agreed to pay a scorching $4.2bn (€3.6bn) for Reckitt Benckiser’s food business, home to brands including French’s mustard and Frank’s RedHot sauce.
The CEO of retailer Waterstones said yesterday that book sales are enjoying a rejuvenation and “it is happy times for booksellers”.
Sales of Jameson Irish Whiskey increased by 20% in value and by 16% volume-wise in the six months to the end of December, significantly boosting parent group Pernod Ricard in the first half of its current financial year.
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