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...Pandora, the world’s largest jewellery maker by volume, said that young consumers were behind a boom in laboratory-grown diamonds that had led to a slump in sales of mined ones and helped the Danish group...
...“The portfolio has been diversified in consumer goods and services.”...
...But it also noted that 76 per cent of consumers have made spending cuts to at least one category in the past six months, and that across all categories, consumers were downgrading to cheaper brands more...
...But the Methodist Church in Ireland was taking no chances, asking its congregations to pray “for the rain to ease” as well as “understanding and an appropriate response from government . . . and consumers...
...The biggest concern for investors, of course, is consumers buying less chocolate. Traditionally, that has not been a problem at Barry Callebaut....
...Consumers tend to be an unruly bunch once they have been given their head....
...McDonald’s sales grew slower than anticipated in the first quarter as consumers cut back on spending amid persistent inflation....
...The South Korean move comes amid international anger at the practice of shrinking products to pass on the cost of inflation to consumers....
...“While consumers had been reserving judgment for the past few months, they now perceive negative developments on a number of dimensions,” said Joanne Hsu, University of Michigan’s survey of consumers director...
...Wall Street stocks struggled to make headway on Friday as a sentiment survey suggested consumers’ mood was weakening while inflation expectations were rising....
...But Xi has eschewed more radical medicine, such as cash transfers to consumers or deeper economic reforms....
...US consumers’ perception of the economy slipped in April as recent economic data has shown a stall in disinflation at the start of 2024, lowering the chances of the Federal Reserve cutting interest rates...
...Other consumer goods and fast food companies have also flagged consumer stress....
...European public and consumer sentiment, or at least campaigners’ influence, is now one of the most powerful forces determining swaths of EU trade policy and hence global regulation....
...Specification: Price controls: Elasticity Click to read the article below and then answer the questions: Pepsi revenue declines after US consumers flinch at higher prices Is demand for Pepsi elastic...
...China’s consumer inflation edged higher in April while factory prices continued to slide, pointing to a continued rocky recovery in the world’s second-largest economy as Beijing battles lagging consumer...
...better-off consumers keep up their spending....
...Inflation-weary consumers are spending less on clothes. Hybrid work arrangements mean sweatpants and leggings still rule. It has also faced new competition from the likes of Nuuly and Armoire....
...A growing number of health-conscious consumers rejecting beer, wine and spirits represents “a big opportunity”, said the chief executive of Japan’s biggest brewer Asahi, who forecast zero- and low-alcohol...
...Analysts at Citi said they were “increasingly . . . worried about the [Mercedes] Cars operations”, citing weaker demand for luxury products and from Chinese consumers....
...German consumer price inflation slowed to 2.2 per cent in March, its lowest annual rate since June 2021, and the government now expects it to average 2.4 per cent over the whole of 2024, down from 5.9 per...
Higher prices for smaller products are hitting economies and consumers across the world
...But more importantly, we’re a big consumer, and that’s where our exposure lies.”...
...Although inflation has hit low-income consumers the hardest, some retailers have noticed higher-income consumers feeling the squeeze....
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