Latest news and articles about sales growth from NEX English
Chinese company Lenovo has reported unprecedented growth in sales, achieving record quarterly revenues and a net profit increase of <strong>479%</strong> in the fourth quarter of its fiscal year ending in March. This remarkable growth is attributed to the rising demand for AI-related devices and technologies.
Swiss sports shoe manufacturer On Holding has appointed its founders, David Allemann and Caspar Coppetti, as co-CEOs following the end of Martin Hoffman's five-year tenure. This leadership change comes as the company prepares to enter a new growth phase.
Chinese smartphone and electric vehicle manufacturer Xiaomi is expecting its quarterly revenue growth to slow to just <strong>7%</strong>, marking its slowest growth rate in over two years. This decline is attributed to the ongoing economic slowdown in China.