Over the last year, two seemingly contradictory trends have come into focus. On the one hand, consumer survey after consumer survey indicates that shoppers’ concern …
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Consumer
Actress Olivia Wilde Launches Consumer Investment Firm
Actor, director and producer Olivia Wilde has quietly co-founded an investment firm known as Proximity Ventures, according to people with knowledge of the matter. Wilde …
MercadoLibre Posts Record Argentina Sales Amid Consumer Rebound
MercadoLibre Inc., the Latin American e-commerce and fintech platform that’s now the region’s most valuable company, said it’s seeing signs of a consumption rebound in …
Ulta Beauty Cuts Sales Outlook on Slowing Consumer Demand
Ulta Beauty Inc. trimmed its sales forecast as more US consumers cut back on makeup and cosmetics in the face of higher prices and elevated …
Summer Fridays Announces Growth Investment From TSG Consumer Partners
Summer Fridays announced on Thursday a strategic growth investment from private equity firm TSG Consumer Partners. Previous investor Prelude Growth Partners will exit the business, …
Unilever India’s Profit Disappoints on Sluggish Consumer Demand
Hindustan Unilever Ltd. posted an underwhelming quarterly profit weighed down by muted consumer demand during India’s scorching summer season and rising inflation. The Indian unit …
Temu Targeted in EU Consumer Group’s Complaint to EU Tech Regulator
Chinese fast-fashion e-commerce retailer Temu was hit with a European Union complaint on Thursday, with pan-European consumers group BEUC saying the PDD Group-owned unit might …
How Gen X Became Beauty’s Next Big Consumer
Mature consumers have long been ignored by the beauty industry. Now a small but growing number of emerging brands are responding to the needs of …
Meeting Consumer Expectations Through Augmented Reality, In-Store and Online
Globally, just 9 percent of consumers said they are content with the in-store shopping experience, while only 14 percent are content with their experience online, …
P&G Lifts Annual Profit Forecast on Strong Us Consumer Demand, Easing Costs
Procter & Gamble raised its annual profit forecast on lower commodity costs and as consumers, particularly in the United States and Europe, kept buying its …
US Monthly Inflation Slows; Consumer Spending Surges
US prices increased less than expected in February, with the cost of services outside housing and energy slowing significantly, keeping a June interest rate cut …
Canada Goose Cuts 17% of Roles as Consumer Pullback Persists
Canada Goose Holdings Inc. is cutting 17 percent of its global corporate workforce as it attempts to support long-term growth amid a slowdown in sales. …
At Eton Shirts, Innovating Formal Wear to Meet Evolving Consumer Demand
In Europe and the US, Euromonitor forecasts that retail sales of shirts and blouses, non-denim trousers and skirts will grow at a faster rate between …
Incorporating AI Into Portable Devices and What It Means for the End Consumer
During Barcelona’s Mobile World Congress (MWC) 2024 — one of the largest and most influential events for the “connectivity ecosystem” — George Zhao, the CEO …
China’s Consumer Slump Claims Another Victim as Shiseido Profit Slides
Shiseido became the latest victim on Friday of a slowing Chinese economy that has battered earnings at many global consumer goods companies, when the Japanese …
H&M Sales Drop as Consumer Demand for Fast Fashion Wavers
Hennes & Mauritz AB’s revenue fell as consumers pulled back on spending at H&M clothing stores and after the chain closed stores in Russia. Sales …
Social Media Is Changing. What Does That Mean for Brand and Consumer Connections?
Despite a period of heightened connectivity across a myriad of social channels, consumer experts and analysts have noted a “friendship recession”. In Sapien Labs’ Mental …
Hair Care Label Odele Receives Minority Investment From Stride Consumer Partners
On Thursday, masstige hair care brand Odele announced it received an undisclosed minority investment from Stride Consumer Partners, a private equity firm known for investments …
Hair Care Label Odele Receives Minority Investment From Stride Consumer Partners
On Thursday, masstige hair care brand Odele announced it received an undisclosed minority investment from Stride Consumer Partners, a private equity firm known for investments …
Hugo Boss Sees Strong Sales Despite Slowing Consumer Demand
Hugo Boss AG reported sales that beat analysts’ estimates as the German clothing maker’s turnaround bears fruit. Revenue rose 15 percent at constant exchange rates …