French luxury conglomerate Kering scored a striking 27.1 percent growth in first quarter revenues, led by Gucci's near 40% explosion in sales. Problem child Bottega Veneta, however, suffered a further fall in revenues.
Lenovo Group Ltd is looking to make smart wearables in India and raise its market share by three-fold, in a plan that will help boost PM Narendra Modi’s scheme to promote the country an electronics manufacturing hub.
Puma Q1 results offered good news as the sports giant, which is currently riding the athleisure wave and also launching a raft of collaborations, said sales surged 20%+ as all regions and product segments did well.
Strong growth in ad sales on Google search and YouTube were not enough to offset a surge in costs at parent Alphabet Inc that shrank the first-quarter operating margin, leaving shares flat after hours on Monday.