Dell's No. 2 parachutes in to lead its stuttering PC business
Jeff Clarke stated that taking on day-to-day leadership of the consumer solutions group will help accelerate decision making and build momentum as the PC refresh cycle picks up speed.
CM.com lowers expectations for 2025 after flat gross profit growth
CM.com has lowered its full-year 2025 expectations due to stagnation in gross profit, despite a rise in gross margin. EBITDA guidance is now at €22 million to €27 million.
Coty lowers annual forecast as sales slip 3% in Q3
"The declines are driven by the continued worsening of the mass colour cosmetics category, which declined by a mid-single-digit per cent in Q3, with the US market under the most pressure."
Burberry launches urgent turnaround plan to save the brand
CEO Joshua Schulman stated that Burberry's recent revenue decline necessitated an urgent "course correct" strategy to regain focus on core customers and sustainable growth.
Sonos revenue falls in the aftermath of company's messy app debacle
"Sonos reported its fiscal Q4 2024 earnings, with revenue down 8 percent year over year, citing softer demand and challenges from the recent app rollout."
After The Election, News Corp Has Harsh Words For Advertisers Who Avoided News | AdExchanger
News Corp is moving away from dependence on digital advertising amidst declining ad revenues due to various market pressures and biases against certain media.