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Thursday, July 3, 2025

Tag: retail

Transaction in Own Shares

LEI: 213800NNT42FFIZB1T09 
3 July 2025

Annual report 2024/25: Bang & Olufsen reports a year of transition, achieving record-high gross margin, positive operating profit, and strengthened branded channel performance

Bang & Olufsen ended the year with 4% revenue growth in Q4 and a 1% decline in local currencies for the full year, bringing total revenue to DKK 2.6bn. The gross margin continued to increase, reaching a record-high 55.8% in Q4, and 55.0% at year end. For the full year, the EBIT margin before special items was 1.0%, and free cash flow amounted to DKK 16m. Overall, the results were in line with plans and aligned with the outlook for the year.

Årsrapport 2024/25: Bang & Olufsen rapporterer et overgangsår med rekordhøj bruttomargin, positivt driftsresultat og forbedret performance i virksomhedens brandede salgskanaler

Bang & Olufsen afsluttede året med en omsætningsvækst på 4% i 4. kvartal og et fald på 1% målt i lokal valuta for hele året, hvilket bragte den samlede koncernomsætning op på DKK 2,6 mia. Bruttomarginen fortsatte med at stige til et rekordhøjt niveau på 55,8% i 4. kvartal og 55,0% for året. For hele året udgjorde EBIT-marginen før særlige poster 1,0%, og det frie cash flow udgjorde DKK 16 mio. Overordnet set var resultatet i tråd med virksomhedens planer og på niveau med forventningerne for året.

Tencent Cloud to Uplift South Korea’s Web-based Enterprises with AI and Media Technologies

Tencent Cloud to extend its capabilities and expertise leveraging on its core ecosystem strengths in South Korea's gaming sector HONG KONG, July 3, 2025 /PRNewswire/...

Theratechnologies enters into Definitive Agreement to be Acquired by CB Biotechnology, an Affiliate of Future Pak

MONTREAL, July 02, 2025 (GLOBE NEWSWIRE) -- Theratechnologies Inc. (“Theratechnologies” or the “Company”) (TSX: TH) (NASDAQ: THTX), a commercial-stage biopharmaceutical company, today announced that it has entered into a binding arrangement agreement with CB Biotechnology, LLC (the “Purchaser”), an affiliate of Future Pak, LLC (“Future Pak”), a privately held contract manufacturer, packager and distributor of pharmaceutical and nutraceutical products, whereby the Purchaser will acquire all the issued and outstanding common shares of the Company for US$3.01 per share in cash plus one contingent value right (“CVR”) per share for additional aggregate cash payments of up to US$1.19 per CVR if certain milestones as described below are achieved (the “Transaction”). The total Transaction consideration, assuming full payment of the CVRs, is US$254 million.

HNSE Asia AI Hardware Battle 2025 Adds Japan Retail Showcase for Top 10 Winners; Application Deadline Extended to July 12

LINGSHUI, China, July 3, 2025 /PRNewswire/ -- The organizers of the HaiNan-Southeast Asia AI Hardware Battle (HNSE AHB) are pleased to announce an expanded prize...

ASIA’S 50 BEST BARS 2025 REVEALS THE ESTABLISHMENTS RANKED ON THE EXTENDED 51-100 LIST

The fifth edition of this prestigious list welcomes 14 new entries representing 23 destinations across Asia  LONDON, July 3, 2025 /PRNewswire/ -- Casting a spotlight...

ASIA’S 50 BEST BARS 2025 REVEALS THE ESTABLISHMENTS RANKED ON THE EXTENDED 51-100 LIST

The fifth edition of this prestigious list welcomes 14 new entries representing 23 destinations across Asia  LONDON, July 3, 2025 /PRNewswire/ -- Casting a spotlight...

Celebrate Your Birthday with Over 100 Freebies in 2025, Courtesy of Glitchndealz

sign up for over 100 freebies for your birthday with this easy to follow list of Birthday Freebies.

USI Delivers Full-System JDM Design Services for Level 10 AI Edge Server Platform

SHANGHAI, July 3, 2025 /PRNewswire/ -- USI, Universal Scientific Industrial (Shanghai) Co., Ltd., a global leader in electronic design and manufacturing services, announced the successful...

Raw Garden Announces California Cannabis Deals for July 4th to 7/10

Raw Garden celebrates 10 years with July 4th – 7/10 deals, Sprout promos, and events statewide — highlighting clean cannabis and SF Hash Week activations.

Mondetta Clothing announces the appointment of Georgi Gvakharia as Vice President of Retail

WINNIPEG, MB, July 2, 2025 /CNW/ - Mondetta Clothing, a leading fashion company known for its active lifestyle label, Mondetta Performance Gear, performance-infused luxury...

Mondetta Clothing announces the appointment of Georgi Gvakharia as Vice President of Retail

WINNIPEG, MB, July 2, 2025 /PRNewswire/ - Mondetta Clothing, a leading fashion company known for its active lifestyle label, Mondetta Performance Gear, performance-infused luxury...

Rewind It 10® Expands Retail Footprint with Launch at Stop & Shop

MIAMI, July 2, 2025 /PRNewswire/ -- Rewind It 10, the men's beard and hair dye brand co-founded by Carolyn Aronson, Founder and CEO of...

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