Day: May 5, 2022

Moncler bets on store expansion, online sales to drive growth

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Published by
Reuters UK

By Claudia Cristoferi and Silvia Aloisi MILAN (Reuters) -Italian luxury group Moncler said on Thursday it would open, refurbish or relocate 200 stores in the next three years, mostly in Asia, and raise online sales of its eponymous brand known for puffer jackets to 25% of total revenue. The group, which in 2020 acquired streetwear brand Stone Island, also plans to further diversify from winter clothing. Spring-summer collections will account for up to one third of revenues in 2025, and footwear will reach 10% of sales, it said in slides ahead of an investor presentation. It did not give a reve…

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Shell plc publishes first quarter 2022 press release

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London, May 5, 2022 “The war in Ukraine is first and foremost a human tragedy, but it has also caused significant disruption to global energy markets and has shown that secure, reliable and affordable energy simply cannot be taken for granted. The impacts of this uncertainty and the higher cost that comes with it are […]

FourKites Launches Universal Appointment Manager Solution in APAC to Ease Supply Chain Labour Shortage Woes and Reduce Greenhouse Gas Emissions

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Next-generation appointment booking application leverages real-time supply chain visibility to facilitate collaboration between shippers and carriers FourKites Launches Universal Appointment Manager Solution in APAC CHENNAI, India, May 05, 2022 (GLOBE NEWSWIRE) — FourKites®, the #1 real-time supply chain visibility platform, today announced that it has launched Appointment Manager℠, its universal appointment booking solution, in India, […]

Pluribus Networks and Tech Data announce partnership in Asia Pacific & Japan

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Partnership aims to accelerate customers’ digital & network transformation journeys leveraging the unique Pluribus Unified Cloud Fabric solution SINGAPORE and SANTA CLARA, CA, USA, May 04, 2022 (GLOBE NEWSWIRE) — Tech Data, a TD SYNNEX Company, and Pluribus Networks have today announced a new partnership which will leverage Pluribus Networks’ unique vision of Unified Cloud […]

Fortinet Reports First Quarter 2022 Financial Results

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First Quarter 2022 Highlights Product revenue of $371.0 million, up 54% year over year Total revenue of $954.8 million, up 34% year over year Bookings of $1.28 billion, up 50% year over year1 Billings of $1.16 billion, up 36% year over year2 Deferred revenue of $3.66 billion, up 33% year over year GAAP operating margin […]

Military reports 1,102 more COVID-19 cases

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SEOUL– South Korea’s military reported 1,102 new COVID-19 cases Thursday, raising the total caseload among its service members to 136,714, the defense ministry said.The new cases included 822 from the Army, 96 from the Air Force, 95 from the Marine Co…

Yoon names 19 presidential secretaries

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SEOUL– President-elect Yoon Suk-yeol on Thursday named 19 presidential secretaries, including six under the senior economic secretary and seven under the chief of staff, his office said.Yoon also decided to establish a new office to handle policy coor…