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Their fans say active funds are the place to be during times of crisis or opportunity and it seems as though investors haven taken note. The latest fund flow data from the Investment Association has revealed a huge £5.2billion worth of net retail sales into actively managed funds in December – the second highest inflow … Read more
Peloton has posted $1 billion in sales for its fiscal second quarter and increased its sales outlook for 2021 to $4 billion as gym enthusiasts continue to turn to the at-home fitness equipment maker while the pandemic rumbles on. The company announced its second quarter fiscal 2021 financial results Thursday recording quarterly sales growth of 128 … Read more
Savers and pensioners were given a boost after housebuilder Barratt Developments reinstated its dividend. Record sales allowed the group to set aside a half-year payout of 7.5p per share. The housing market rebounded sharply after the first Covid lockdown brought viewings and sales to a standstill for weeks last spring. But estate agents were quick … Read more
Unilever hit by beauty sales slump as Britons dodge deodorants and make up in lockdown By Daily Mail City & Finance Reporter Published: 21:50 GMT, 4 February 2021 | Updated: 21:50 GMT, 4 February 2021 Nowhere to go: Life in lockdown has led to a slump in sales of Unilever’s beauty products Life in lockdown … Read more
Rise in eating at home boosts Cranswick’s domestic sales but Covid outbreaks at two facilities damage Far East meat exports Far East sales fell in the 13 weeks to Boxing Day against the same quarter in 2019 Premier Foods has also credited the restrictions on eating out for its sales rise Cranswick also said it … Read more
New car registrations slumped to their lowest January level in half a century as lockdown measures and the forced closure of showrooms stifled demand, the auto industry’s trade body said on Thursday. Sales fell 39.5 per cent year-on-year to 90,249 sales in the month – the lowest recorded since 1970, according to data from the … Read more
Although the property market was buoyant for much of 2020, hundreds of thousands of would-be home movers still saw their property purchases fall through. A total of 306,198 property transactions fell through last year, a 12.26 per cent rise from 2019 when there were 272,768 fall-throughs, according to the residential property data agency TwentyCi. Fall-throughs … Read more
MARKET REPORT: Vodafone shares soar as sales beat expectations with people spending longer on the phone and using more mobile data By Mark Shapland For The Daily Mail Published: 21:51 GMT, 3 February 2021 | Updated: 21:51 GMT, 3 February 2021 When Vodafone shares slumped to record lows last October, the telecoms giant was written … Read more
Forget Dry January! Alcohol sales grow by 29% on last year to £234million as Britons turn to booze to cope with lockdown while sales of vegan food also rise by 23% for Veganuary Booze sales grew by 29% during the 12-week period to January 24, Kantar found Veganuary led to a 23% boost in sales … Read more
Property sales worth billions are at risk over cliff-edge when stamp duty holiday ends, MPs warn MPs have warned thousands of house sales at risk when stamp duty holiday ends Cross-party debate heard billions of pounds risked unless tax cut was extended Homebuyers now face anxious wait for Rishi Sunak’s March 3 Budget By Martin … Read more