consumer-perception
Top StoriesGlobal Firms Warn of Sluggish China Demand Due to Lengthy Covid Curbs
Top StoriesBritain’s M&s Pulls Out of Russia and Warns on Outlook
Top StoriesDanone, Reckitt Race to Ramp up US Baby Formula Supply Amid Shortage
Top StoriesGerman Economy Dodges Recession as War, Pandemic Weigh
Nike Not Renewing Franchise Agreements in Russia – Newspaper
Date: May 25, 2022
(Reuters) – U.S. sportswear maker Nike has not renewed agreements with its largest franchisee in Russia, the Vedomosti daily reported on Wednesday, marking the latest exit by a major U.S. brand since Russian forces entered Ukraine. Nike said on March 3 it would temporarily suspend operations at all its Nike-owned and -operated stores in Russia...
UK Retailers Report Average Sales in May, Gloomy Outlook
Date: May 24, 2022
LONDON (Reuters) – British retailers reported a normal level of sales for the time of year, defying economists’ expectations for renewed weakness, but were the most downbeat about the outlook since November 2020, the Confederation of British Industry said on Tuesday. The CBI’s monthly retail sales balance rebounded to -1 in May from -35 in...
German Inflation Expected to Reach 7% in 2022 -Dihk
Date: May 24, 2022
Berlin (Reuters) – Germany’s 2022 inflation rate will more than double from last year’s 3.1% as already high energy and food prices are pushed up by the war in Ukraine, the country’s Chambers of Industry and Commerce (DIHK) said on Tuesday. DIHK said it now expects the inflation rate to hit 7%, after initially forecasting...
Over One Fifth of Britons ‘struggling’ to Make Ends Meet -Kantar
Date: May 24, 2022
By James Davey LONDON (Reuters) – Over one fifth of British households described themselves as “struggling” to make ends meet as grocery price inflation hit 7.0% in the four weeks to May 15, its highest level in 13 years, market researcher Kantar said on Tuesday. It said within the 22% of shoppers struggling financially, the...
UK’s Kingfisher Boosted by ‘grow Your Own’ Plant Sales
Date: May 23, 2022
By James Davey LONDON (Reuters) -British home improvement retailer Kingfisher reported first quarter sales significantly ahead of its pre-pandemic performance, helped by strong “grow your own” plant sales and other garden products. The group, which owns B&Q and Screwfix in Britain and Castorama and Brico Depot in France and other markets, said on Monday both...
Australian Grandmother Hopes Queen Has Jubilee to Remember
Date: May 23, 2022
NULKABA, Australia (Reuters) – Jan Hugo never realised her childhood dream of becoming a princess so instead she became Australia’s queen of royal memorabilia with over 10,000 pieces, a collection she plans to grow as Queen Elizabeth marks her Platinum Jubilee next month. “Your Majesty, if you’re watching, I hope you have a wonderful celebration...