Tag Archives: decline

Lenovo’s Global PC Shipments Fall 1 Percent, Slower Than Market Decline

China’s Lenovo Group, the world’s largest personal computer maker, said its global PC unit shipments fell 1 percent in the year ending in March, against a market decline of 3 percent, as consumer demand continued its downward trend. Revenue from its personal computer and smart device business, which accounts 70 percent of total revenue, fell 2 percent to… Read More »

EU clears German plan for electric vehicle charging network

The European Commission said on Monday it had approved German plans for an infrastructure network for charging electric vehicles across the country. The plan, at a total cost of 300 million euros (255 million pounds) over four years, will require that the electricity comes from renewable energy sources, with contracts awarded through an open tender process. “Electric vehicles… Read More »

Prada 2016 revenue down 10 percent as Asia, Japan lead global decline

Italian fashion group Prada (1913.HK) reported a 10 percent drop in revenues on Monday as sales fell across all regions, including Japan and its top market Asia Pacific. Consolidated revenues in the financial year through January 2017 fell to 3.18 billion euros (3 billion pounds), down from 3.55 billion euros a year before. At constant exchange rates sales… Read More »