Tag Archives: maker

Xiaomi fastest growing phone maker, but Samsung and Apple remain leaders: report

Xiaomi holds the fifth position with market share of 7.4%, but it registered the highest year-on-year growth of 102.6% from Q3 2016 when it controlled only 3.7% of the market share. (Above) Xiaomi’s India head Manu Jain (left) with actor Katrina Kaif during the launch of its new series of smartphones, in New Delhi on Thursday. Photo: PTI Samsung continues ... Read More »

KitKat maker Nestle misses forecasts as profit falls

Nestle, which makes KitKats, Nescafe and Purina pet food, has said it will steepen its cost-cutting plan after unveiling disappointing results. Net profit for 2016 fell to 8.5bn Swiss francs (£6.78bn) from 9.1bn a year earlier. Analysts had expected 9.59bn francs’ worth of profit. Sluggish food inflation in most of its markets and easing demand in emerging markets saw sales ... Read More »

£900 coat maker Canada Goose to sell shares

Canada Goose, maker of Arctic coats costing as much as £900, has applied for a stock market listing in New York and Toronto. The company, part-owned by private equity firm Bain Capital, wants to pay off some of its debt, it says. It was founded in 1957 in Toronto and is known for its coyote fur-lined hooded jackets. The company ... Read More »