Rosella Foley - Simplym Press

Hermès Perfumes & Beauty division posts flat Q1 sales at EUR 129 million

Sales of the French luxury group Hermès increased by 8.5% in the first quarter of fiscal year 2025 (7% at constant exchange rates). The group’s consolidated revenue reached EUR 4.1 billion. All regions recorded double-digit growth, with the exception of Asia-Pacific, which increased by 5.1%. At the end of March 2025, all the métiers posted […]

Hermès Perfumes & Beauty division posts flat Q1 sales at EUR 129 million Read More »

Netflix latest earnings and surprisingly stable outlook defies the souring economy and plummeting consumer confidence

Business / By Rosella Foley

Netflix’s stock rose more than 4% in after-market trading on Thursday after the entertainment giant’s first-quarter earnings results surpassed Wall Street expectations and the company reiterated its positive business forecasts despite historically low U.S. consumer confidence. In its earnings release on Thursday, the company said “our revenue and profit growth outlook remains solid, with no

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This workout mistake could hurt your sleep and make you feel worse

Business / By Rosella Foley

Do you prefer waking up early to start your day with a workout, or relieving the day’s stress by hitting the gym after work? Fitting in exercise when you like is ideal, especially with the numerous benefits that working out can have, from lowering colorectal cancer risk to extending your lifespan. Getting in the recommended

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Billionaire LVMH CEO says EU leaders need to ‘negotiate with intelligence’ to help his business avoid Trump’s tariffs

Business / By Rosella Foley

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Billionaire LVMH CEO says EU leaders need to ‘negotiate with intelligence’ to help his business avoid Trump’s tariffs Read More »

A 116-year-old law gifted Harvard and most universities with tax-exempt status. Can Trump actually revoke it?

Business / By Rosella Foley

For more than a century, the majority of colleges and universities have not paid most taxes. The Revenue Act of 1909 excused nonprofits operating “exclusively for religious, charitable, or educational purposes” in order to continue acting in the public interest. President Donald Trump is looking to challenge that designation, complaining that colleges and universities are “indoctrinating”

A 116-year-old law gifted Harvard and most universities with tax-exempt status. Can Trump actually revoke it? Read More »

Trump doubles down on claim he can remove Fed chair Jerome Powell: ‘If I want him out, he’ll be out of there real fast’

Business / By Rosella Foley

Trump doubles down on claim he can remove Fed chair Jerome Powell: ‘If I want him out, he’ll be out of there real fast’ Read More »

How Elon Musk reportedly staked Tesla’s future on robotaxis against the advice of his own senior management team

Business / By Rosella Foley

Elon Musk is known for being among the most demanding CEOs in the world, someone who aspires to nothing less than altering the course of history whether in business or politics. So when executives in his Tesla leadership team lobbied to fill a much needed gap in its product range, he was anything but impressed,

How Elon Musk reportedly staked Tesla’s future on robotaxis against the advice of his own senior management team Read More »

Trump wants lower interest rates to ‘counteract’ the inflation from his own tariff policies

Business / By Rosella Foley

President Donald Trump and Federal Reserve chair Jerome Powell are at odds. On Thursday Trump again called on the Fed, and Powell specifically, to lower interest rates. Just a day earlier Powell had reiterated the Fed’s view that the relative strength of the economy meant it didn’t have to rush to make a decision. “For

Trump wants lower interest rates to ‘counteract’ the inflation from his own tariff policies Read More »