consumer-perception
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Beiersdorf Warns of Slowing Sales Growth Amid Soft Demand
Date: February 29, 2024
Beiersdorf warns of slowing sales growth amid soft demand By Matthias Inverardi and Linda Pasquini (Reuters) -Nivea maker Beiersdorf on Thursday forecast a slowdown in organic sales growth in 2024, after reporting a 10.8% increase in the past year, as it reins in price increases. Beiersdorf, which typically sets cautious guidance, recorded full-year sales...
Consumer Health Giant Haleon Sees Higher Revenue in 2024
Date: February 29, 2024
Consumer health giant Haleon sees higher revenue in 2024 (Reuters) – Sensodyne toothpaste-maker Haleon said on Thursday it expected higher revenue in 2024, thanks to firm demand for its household products ranging from painkillers, nasal sprays and multivitamins. Haleon said its organic revenue would rise between 4%-6% this year, as the consumer healthcare company reported...
German Consumer Sentiment Stabilizes at Low Level in March, Finds GfK
Date: February 27, 2024
German consumer sentiment stabilizes at low level in March, finds GfK BERLIN (Reuters) – German consumer sentiment is expected to stabilize at a low level in March as households are confronted with great uncertainty due to constantly rising prices and a weaker outlook for Europe’s largest economy, a survey showed on Tuesday. The consumer sentiment...
Arla Says Sales Could Slip This Year as Consumers Cut Back on Dairy Products
Date: February 20, 2024
Arla says sales could slip this year as consumers cut back on dairy products COPENHAGEN (Reuters) -Dairy producer Arla said on Tuesday that sales could slip this year after a flat 2023 as European consumers continue to cut back spending, although it sees some signs of improving demand. Arla, one of the world’s biggest dairy...
Bottler Coca-Cola Hbc Reports Record Profit
Date: February 14, 2024
Bottler Coca-Cola HBC reports record profit (Reuters) – Coca-Cola HBC expects profit to grow in 2024 as the bottler reported a record annual profit on Wednesday, helped by strong demand for its sparkling drinks, coffee, and energy drinks, as well as easing cost pressures. The Switzerland-based company, in which U.S. beverage giant Coca-Cola owns about...
Hermes Set to Raise Prices Again as Booming Sales Outpace Rivals
Date: February 9, 2024
Hermes set to raise prices again as booming sales outpace rivals By Mimosa Spencer PARIS (Reuters) -Birkin bag maker Hermes said on Friday that it will raise prices again this year after sales jumped 17.5% in the fourth quarter of 2023, continuing its track record of outpacing rivals when economic conditions deteriorate. Shares in the...