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Tag: retail sales
Dollar tumbles as car sales, retail figures offer mixed messages on economy
2015-07-03 10:16:41| Auto Dealers - Topix.net
The Australian dollar flirted with six-year lows on Friday as booming car sales and worse-than-expected retail figures offered a mixed message for the strength of the Australian economy. The dollar was trading at US75.88 on Friday afternoon after bottoming out at US75.67 around midday - just above the six-year low of US75.32 on April 2. Vehicle sales in June were up 6.4 per cent up on May and up 3.3 per cent year-on-year, with 125,850 vehicles sold, according to new figures from the Federal Chamber of Automotive Industries.
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Hong Kong Retail Sales: Negative Headwinds Persist
2015-07-01 14:33:58| Jewelry - Topix.net
Hong Kong reported May retail sales that were essentially flat y/y, slightly better than the -2% decline expected by the consensus but nonetheless highlights the weakness of Chinese tourism and the impact of a rising USD. As such, jewelry and luxury consumer goods will continue to face headwinds and this should be a negative read-through to Tiffany's , Coach , Michael Kors and Kate Spade .
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Higher sales help narrow RNB Retail Q3 loss
2015-06-23 12:58:00| Daily apparel & textile news and comment - from just-style.com
The performance of Scandinavian retail business RNB Retail and Brands continued to improve during the third quarter, with the firm narrowing its loss thanks to higher sales.
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Retail sales growth slowed in May
2015-06-18 10:49:28| BBC News | Business | UK Edition
UK retail sales rose by 0.2% in May, a slowdown from April, after shoppers bought fewer clothes.
Mike Shedlock - Retail Sales Bounce as Expected; How Much Longer Can Subprime Auto Sales Lead?
2015-06-12 10:24:31| Auto Dealers - Topix.net
Economists got one right for a change. Retail sales bounced 1.2% led by autos vs. the Bloomberg Consensus Estimate of 1.3%.
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