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Shein opens a store in Paris, its first physical outlet, on the top floor of the historic BHV Marais department store, as politicians and retailers protest it (Jenny Che/Bloomberg)

Jenny Che / Bloomberg : Shein opens a store in Paris, its first physical outlet, on the top floor of the historic BHV Marais department s...

31 July 2024

Arm reports Q1 revenue up 39% YoY to $939M vs. $905.4M est., license and other revenue up 72% YoY to $472M, and royalty revenue up 17% YoY to $467M (Ian King/Bloomberg)

Ian King / Bloomberg:
Arm reports Q1 revenue up 39% YoY to $939M vs. $905.4M est., license and other revenue up 72% YoY to $472M, and royalty revenue up 17% YoY to $467M  —  - Company doesn't boost outlook despite topping earnings views  — CEO says weakness in certain markets is offsetting sales gains

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