David Richards – Page 164

Coffee Driving Growth At Breville Despite Revenue Fall In OZ

David Richards August 21, 2024 No Comments

Breville appears to be bucking the trend in the appliance market, with a 3.5% increase in revenue and a 7.7% increase in gross profits, sales in Australia and Asia Pacific…

Smart Personal Audio Market Grows More Than 10%

David Richards August 20, 2024 No Comments

Consumers have gone back to buying audio products with the likes of JB Hi-Fi benefiting from the surge in demand that has seen total global audio shipments climb over 10%.…

LG Pushed Into 4th Spot By TCL & Hisense In TV Market, Samsung Still On Top

David Richards August 20, 2024 No Comments

TV sales in Australia have fallen significantly during the past 12 months according to CE retailers, with Chinese brands TCL and Hisense gaining share both locally and internationally. While Samsung…

Dumped By Vicinity Shopping Centres oOh! Media Takes $37M Hit

David Richards August 19, 2024 No Comments

A decision by Vicinity shopping centres, the owners of Chadstone, Australia’s largest shopping mall, to dump oOh media as their billboard provider has resulted in a $37M hit on the…

Acer Revenues Surge None PC Sales Up

David Richards August 19, 2024 No Comments

Acer who entered the appliance market in Australia this has reported strong global revenues with none PC or display business now accounting for over 28% of revenues and 35% of…

Is This The End For Sonos, Customers Desert Them, Stock Tanks & No App Fix

David Richards August 19, 2024 No Comments

Sonos is facing the real threat that their business is about to tank, as existing speaker owners who have faced three months of “hell” as one publication described it following…

Ambertech Profits Slump, Costs Rise As Shares Value Nosedives

David Richards August 16, 2024 No Comments

As their shares bounce along the bottom, after falling 30.77% year to day Sydney based distributor AmberTech has reported a 29.4% fall in profits during the past financial year, as…

Samsung Stripping OLED TV Market Share From LG As Sales Slump At Another Subsidiary

David Richards August 16, 2024 No Comments

It’s not only Australia where sales of LG Electronic products are tanking, in the UK sales have fallen over A$194M as consumers ditch their premium sticker prices. The 14.2% slump…

Telstra Profits Crash Despite Lift In Mobile Business

David Richards August 15, 2024 No Comments

Telstra’s profits have slumped as the Company lacks clear vision or the products to deliver profits claim observers. This is the same national carrier that recently closed down Telstra TV,…

Unemployment Rising As Retailers Struggle To Control Costs

David Richards August 15, 2024 No Comments

The Unemployment rate increased to 4.2 per cent in July with at least 39,000 people now needed every month to stop a fast acceleration in the unemployment rate which is…