NEW YORK—The trouble between Ticketmaster and Taylor Swift’s“Eras” tour isn’t over—with the latest snafu impacting fans hoping to score tickets in France. On Tuesday, after some fans reported issues with accessing Ticketmaster’s site, sales for six of Ms. Swift’s upcoming shows in Paris and Lyon were abruptly postponed. An explanation wasn’t immediately clear, but in…
Ticketmaster Halts Taylor Swift Ticket Sales in France, Cites Issue With Third-Party Provider
Retail Sales Rose 0.3 Percent in May Despite Pressure From Higher Inflation and Interest Rates
NEW YORK—Americans increased their spending at retailers last month despite pressure from still-high inflation and rising borrowing costs. Thursday’s report from the Commerce Department showed that retail sales rose 0.3 percent from April to May, boosted by stronger sales of auto and parts dealers. Economists had been expecting a decline in sales for the month….
Sales in Apple Applications Generate $1.1 Trillion in 2022
Apple announced on Wednesday that App Store applications generated $1.1 trillion in sales and billings in 2022, according to information from a study by Analysis Group. More than 90 percent of the money went to developers, without a commission paid to Apple. This is because the sales were not done through the App Store but…
Toyota’s April Global Sales Rise on Stronger Demand in Japan, China
May 30, 2023
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TOKYO—Toyota Motor Corp.’s global sales rose by nearly 5 percent in April from a year earlier, boosted by stronger demand for hybrids and gasoline-powered cars in Japan and China. The Japanese automaker also reported better overseas sales of battery electric vehicles (EVs), bringing the total number of battery-powered units it sold in the first four…
Japan’s Honda Records Lower Profit, Projects Recovery Ahead on Sales Rebound
TOKYO—Honda’s profit for the fiscal year that ended in March dropped 1.7 percent as sales took a hit from a semiconductor shortage and restrictions in China related to the coronavirus pandemic. But the Japanese automaker said Thursday that recovery was on the way, forecasting record sales and operating profitability for the current fiscal year. Net…
Volkswagen Increases Q1 Sales Despite Weaker China Business
BERLIN—Volkswagen significantly increased deliveries in the first quarter despite weaker business in China, its most important single market, the German carmaker said on Friday. The group delivered 2.04 million vehicles to customers worldwide, up 7.5 percent compared with the same quarter last year, while in China, sales fell 14.5 percent to 644,500 vehicles. Sales in…
Musk Says Tesla Will Put Sales Growth Ahead of Profit
Tesla Inc. boss Elon Musk on Wednesday doubled down on the price war he started at the end of last year, saying the electric vehicle (EV) maker would prioritize sales growth ahead of profit in a weak economy. The company posted its lowest quarterly gross margin in two years, missing market estimates, as it slashed…
Foxconn Q1 Sales Edge Up, but Q2 Outlook Poor
TAIPEI—Taiwan’s Foxconn, the world’s largest contract electronics maker and major iPhone assembler for Apple Inc., said that revenue in the first quarter rose 3.9 percent year-on-year, but that sales for the current quarter would be down. Revenue last month reached the third highest on record for March at T$400.3 billion ($13.14 billion), though that represented…
Volvo Car’s Sales up 8 Percent in March
COPENHAGEN—Sweden-based Volvo Car AB said on Wednesday its sales increased by 8 percent year-on-year in March to 63,132 cars, helped mainly by the company’s fully electric cars. Volvo Car said in a statement its fully electric models made up 41 percent of all its cars sold globally in the first three months of this year….
Nike Sales to Gain From Adidas–Kanye Split, Jordan Retro Demand
Nike is expected to report a rise in third-quarter revenue and grow its market share through 2023, helped by major rival Adidas’ split with designer and rapper Kanye West that caused the German company to lose about $600 million in quarterly sales. Nike is also expected to get a boost from higher sales of its…
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