Molson Coors Beverage‘s Miller Lite and Coors Light saw sales grow in 2021 as the company’s turnaround plan begins bearing fruit. Shrinking beer consumption in the U.S. has put pressure on brewers, like Molson Coors. Miller Lite and Coors Light
Tag: growth
Warby Parker has big growth plans. But analysts are split on its bid to take on EssilorLuxottica
A worker dusts a display of Ray-Ban sunglasses, manufactured by EssilorLuxottica, in a store in Barcelona, Spain, on June 30, 2021. Bloomberg | Getty Images Eyewear company Warby Parker is at an inflection point in its 12-year history. The firm
Transform your startup investors into growth marketers without them noticing
Miles Jennings Contributor Miles Jennings is the founder and COO of Recruiter.com, a recruiting solutions platform helping startups hire talent. If you’re successful at raising capital, investors have jumped into the passenger seat with you, ready to be taken on
How Natural Health Products Helps Your Growth
Growth is a tricky word to define. There are many things that can affect your growth – some of these are natural and others are not. When it comes to natural, there’s no better place than Canada when it comes
Startups are evolving to manage growth alongside profitability
Amit Anand is a founding partner of Jungle Ventures and an early pioneer and leader in the development of Southeast Asia’s venture capital industry. More posts by this contributor Predicting the next wave of Southeast Asia tech giants Investors are
Mdundo eyes more telco partnerships after music streaming revenue growth from Tanzania, Nigeria deals
Mdundo, an Africa-focused music streaming service, is banking on more partnerships with telcos across the continent to grow its earnings and user base. Last year, the company signed deals with MTN and Airtel in Nigeria, and Vodacom in Tanzania, which
Lyft’s revenue growth masks active riders slippage
U.S. ride-hailing company Lyft dropped its fourth-quarter financial results Tuesday, a report that showed a mixed bag of growth — that in the area of active riders failed to meet analysts’ expectations. The public company had Q4 2021 revenues of
Korean micromobility startup Swing grabs $24M for growth, expands to Japan
Swing, a South Korean electric scooter and micromobility startup, announced today it has raised $24 million in a Series B round to spur its growth and expansion to Japan. The funding was led by White Star Capital, which also invested
Quest Store Surpasses $1 Billion in Content Revenue, Showing Major Growth
Meta today announced that the Quest content store has surpassed $1 billion in purchased VR content since its launch in 2019, representing a huge inflection point for the headset. During today’s Meta earnings call, the company shied away from
London Luxury Property Market Seen Highest Growth in 6 Years
Image: Fabian Kühne/Unsplash The luxury property market in London is on the road to recovery as a report published by Knight Frank saw that prices in the city’s upscale neighbourhoods have grown the fastest in six years. The past few
U.S. GDP Growth Slows Dramatically in Third Quarter
A pedestrian walks on Wall Street in front of the New York Stock Exchange as concerns about the coronavirus keep more people at home in New York City, March 18, 2020. (Lucas Jackson/Reuters) U.S. gross domestic product slowed to an
Hermès Records Stellar Growth for its 2021 Q3 Results
The maker of the renowned Birkin bag, Hermès has exceeded expectations for its latest quarterly financial performance. The company posted revenues of €2.37 billion in the three months leading to September 30, 2021. This represented a 31.5 per cent increase
Gucci, Balenciaga and Bottega Veneta Achieve Modest Growth for Q3
Image: Gucci French luxury group Kering has released its Q3 financial results on October 19 and its revenue for this quarter amounted to €4.18 billion. This represents a 12.2 per cent increase on a comparable basis relative to the same
LVMH Maintains Strong Growth in Q3 Despite China’s Crackdown on the Ultra-rich
Image: Louis Vuitton LVMH Moët Hennessy Louis Vuitton released their Q3 performance earlier this week on October 12, 2021, reporting a 46 per cent increase in revenue compared to 2020. This translates to a €44.2 billion revenue for the world’s
Strong iPhone growth in Europe as Samsung sales decline
Strategy Analytics is out with a new smartphone market report, and says that Apple experienced strong iPhone growth in Europe during the second quarter of the year. The market intelligence firm’s data showed that Samsung was the only major brand