consumer-perception
Top StoriesBritain’s Next Sticks to Outlook After Quarterly Sales Rise
Top StoriesBig Brands Set to Miss Plastic Sustainability Targets
BusinessMade.com Becomes Casualty of Britain’s Consumer Squeeze
FinancePortugal’s Quarterly Growth Accelerates, Consumption Defies Inflation
Seoul Crush Hits Storied Itaewon Nightlife District on Verge of Renewal
Date: October 31, 2022
By Ju-min Park, Hyonhee Shin and Soo-hyang Choi SEOUL (Reuters) -With “Hooker Hill” and snaking alleyways of bars with signs like “BADASS” around the local landmark Hamilton Hotel, Seoul’s Itaewon district was a symbol of freewheeling nightlife in the South Korean capital for decades, before tragedy struck. The crush of partygoers on Saturday night that...
Apple Workers in Australia Gear up for More Strike Action
Date: October 31, 2022
By Lewis Jackson SYDNEY (Reuters) – Hundreds of Apple workers in Australia are set to strike again after almost two-thirds of employees rejected a pay and benefits deal, the latest escalation of a fight that has seen weeks of walkouts at stores around the country. Results released on Monday show 68% of Apple workers rejected...
Analysis-European Retailers Are on Investors’ Naughty Lists This Christmas
Date: October 28, 2022
By Joice Alves LONDON (Reuters) – The Christmas shopping period is unlikely to bring relief to European retailers that sell anything from running shoes to handbags as the cost-of-living crisis squeezes consumers and shrinks disposable income. The holiday season is traditionally a high point for the retail sector but even Europe’s big names are warning...
Food Group Danone Raises 2022 Outlook as Third-Quarter Sales Beat Expectations
Date: October 28, 2022
By Dominique Vidalon PARIS (Reuters) – French food group Danone on Thursday raised its 2022 revenue growth forecast after its third-quarter sales beat analysts’ estimates as the firm was able to raise prices to counter soaring costs. The consumer goods giant and owner of Evian and Badoit water and Activia yoghurt said it now expected...
Mastercard’s Dim Forecast Clouds Profit Beat on Travel Demand
Date: October 27, 2022
By Niket Nishant and Manya Saini (Reuters) – Mastercard Inc on Thursday pushed back against worries of a slowdown in consumer spending after a weaker-than-expected forecast for revenue growth for the last three months of the year overshadowed an upbeat quarter for the U.S. card firm. Shares slipped 1% after the company said it expects...
Barry Callebaut Raises the Bar in Bid to Redefine Chocolate Making
Date: October 27, 2022
By Maytaal Angel LONDON (Reuters) – In a move it hopes will redefine the way chocolate is made, Swiss-based Barry Callebaut launched a new bar on Thursday, the fruit of more than 20 years of research into cocoa beans. The world’s biggest chocolatier said its “second generation” chocolate will use around 50% less sugar than...