consumer-perception
Top StoriesUK Energy CEOs Urge Government Action on ‘horrific’ Price Surge
Top StoriesHermes Upbeat on China as Strong U.s., European Demand Buoys Sales
FinanceAll Change. The Future of the Vrp Rollout, Its Benefits and Its Impact on Society.
Top StoriesEuropean Cosmetics Makers Face Supply Crisis Amid Scarcity of Ukraine Resources
Inflation Clouds ASOS’s Hopes for Brighter Second Half
Date: April 12, 2022
By James Davey LONDON (Reuters) -Supply chain snags hammered first-half profit at ASOS and the British online fashion retailer warned its expectations for a much better second half could be disrupted by surging inflation. Shares in the company, which sells fast-fashion aimed at 20-somethings, dropped as much as 6% in early Tuesday trading after it...
Deliveroo Warns of Slower Consumer Spending After Posting 12% Rise in Order Value
Date: April 12, 2022
By Aby Jose Koilparambil (Reuters) – Britain’s Deliveroo said on Tuesday that consumer spending could slow for the remainder of the year after the food delivery firm reported higher order values for the first quarter. The warning comes as Europeans face a cost-of-living squeeze due to higher energy bills and soaring inflation, exacerbated by the...
British Drugmaker Gsk Stops Supplement, Vitamin Sales to Russia
Date: April 6, 2022
(Reuters) -GlaxoSmithKline said on Wednesday its consumer arm has stopped shipments of supplements and vitamins to Russia as a result of Moscow’s invasion of Ukraine and would prioritise the supply of over-the-counter medicines for basic needs. The British drugmaker has also reiterated that it would keep supplying essential medicines and vaccines to Russia. GSK has...
Spain Allows Rationing Products in Case of Market Stress to Prevent Shortages
Date: March 30, 2022
MADRID (Reuters) – Spain temporarily authorised stores on Wednesday to limit the sale of some products to prevent sell-outs when markets are under stress, days after some supermarkets ran out of sunflower oil and milk. Supermarkets had been calling for legal backing for such rationing, which was announced by the government has part of an...
War, Inflation Hit French, German Consumer Morale More Than Feared
Date: March 29, 2022
By Leigh Thomas and Zuzanna Szymanska PARIS (Reuters) -France and Germany saw bigger than expected drops in consumer confidence this month as government steps to help with rising fuel costs and other inflation gave little relief following the impact of Russia’s invasion of Ukraine, surveys showed on Tuesday. The European Central Bank says it remains...
As Western Retail Brands Exit, Russia Looks East for Replacements
Date: March 25, 2022
(Reuters) – Russia is looking to China, India, Iran and Turkey to plug the gap created by an exodus of western retail companies, an industry body said on Friday, as Moscow grapples to find ways to combat its growing isolation in the face of sanctions. The Russian Council of Shopping Centres (RCSC), an organisation representing...