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Pandora eyes U.S., China for fresh sparkle after strong start to 2021


ChinaPandora eyes U.S., China for fresh sparkle after strong start to 2021
Jacob Gronholt-pedersen
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Jewellery maker Pandora (PNDORA.CO) on Tuesday announced a push for growth in the United States and China, and potential expansion into new areas such as watches and bags, after posting forecast-beating first-quarter operating profit.
Strong online sales and the impact of stimulus packages in the United States helped lift operating profit more than four-fold to 903 million crowns ($146.2 million) between January and March, versus 833 million crowns forecast in a company-compiled poll.
Pandora s new strategy aims to strengthen its brand in key markets, particularly the world s two biggest economies, and over time to potentially extend into other product categories, Chief Executive Alexander Lacik told Reuters in an interview. ....

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Flux offers Audi A3, A4, Q2 and Q5 on subscription, try from RM906 per week | Drive


Tuesday, 04 May 2021 12:36 PM MYT
BY ALEXANDER WONG
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KUALA LUMPUR, May 4 Car subscription platform Flux has added more Audi vehicles to its fleet which include compact sedans and SUVs. You can drive an Audi Q2 from RM3,625 per month inclusive of maintenance, road tax, insurance and concierge service.
Flux typically allows you to subscribe a car on a contract of 12 to 36 months or you can go on a month-to-month rental which costs a lot more. To help you decide which Audi is right for you, Flux is now offering a weekly subscription option that appears to be calculated based on the monthly subscription rate of a 36-month contract. ....

Kuala Lumpur , Car Subscription Service , குவாலா லம்பூர் ,

HUL: Maintaining prices while battling inflation is tough: HUL chairman


Explore Now
In an interview with ET Now, HUL Chairman Sanjiv Mehta talks about handling the second COVID-19 wave, rising input prices and magical price points that need to be maintained, even as inflation rises.
We re back where we were last year, locked up in our houses, is your company better equipped to deal with it, having seen an year of the COVID-19 pandemic already?
We identified, at the beginning of the pandemic, what our focus areas would be, and we haven t taken our eyes off of them since.
Those areas are also very simple - one, the safety and wellbeing of all the people who are with us; two - ensuring that our supply lines keep running. Three, ensuring that we keep our fingers on the pulse of consumer demand, behaviour of people, how they are changing, what is happening to demand, etc. Four, and an important bit, is - while we are a cash rich, zero debt company - there is a huge focus on cash and cost so that the wheels of the entire value chain keep wo ....

Sanjiv Mehta , Covid 19 , Second Wave , சஞ்சீவ் மேத்தா , இரண்டாவது அலை ,

Facing a Daunting Market, a Luxury Brooklyn Condo Pivots to Rentals


Facing a Daunting Market, a Luxury Brooklyn Condo Pivots to Rentals
May 03 2021, 10:48 PM
May 03 2021, 2:12 PM
May 03 2021, 10:48 PM
(Bloomberg) In 2016, just before New York’s high-end condominium market began to buckle under the weight of its unsold inventory, a developer and design architect named Avery Hall Investments purchased a plot of land a stone’s throw from Borough Hall in the heart of downtown Brooklyn, N.Y.
(Bloomberg) In 2016, just before New York’s high-end condominium market began to buckle under the weight of its unsold inventory, a developer and design architect named Avery Hall Investments purchased a plot of land a stone’s throw from Borough Hall in the heart of downtown Brooklyn, N.Y. ....

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Maintaining prices while battling inflation is tough but we'll ensure minimal consumer impact, says HUL Chairman Sanjiv Mehta


›Maintaining prices while battling inflation is tough but we ll ensure minimal consumer impact, says HUL Chairman Sanjiv Mehta
Maintaining prices while battling inflation is tough but we ll ensure minimal consumer impact, says HUL Chairman Sanjiv Mehta
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Maintaining prices while battling inflation is tough but we ll ensure minimal consumer impact, says HUL Chairman Sanjiv Mehta
Last Updated: May 03, 2021, 01:41 PM IST
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Synopsis
It s true that when times are tough consumers, rightfully, get more value conscious, but one of the things they also do when the times are tough is that they gravitate towards trusted big brands, brands with purpose because they cannot afford a risk of picking up a brand which might not deliver on its promise, says Mehta ....

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