Tag #Consumer Spending

Showing 85 to 96 of 200 results

faz.net
🌐 85% Global Worthiness
News related image

LVMH Reports Stagnant Revenue Amidst Global Luxury Goods Slump

LVMH reported stagnant revenue of €85 billion in 2024, a 17 percent drop in net profit to €12.5 billion, due to decreased global consumer spending, particularly impacting its fashion and leather goods division and exacerbated by trade tensions with China; however, the company maintains optimism for ...

Progress

48% Bias Score

Reduced Inequality
german.china.org.cn
🌐 85% Global Worthiness
News related image

China's Lunar New Year 2024: Record Spending Fuels Economic Boom

China's 2024 Lunar New Year saw record-breaking travel (273 million domestic trips on January 20th, a 17.3% year-on-year increase) and consumption, boosting the economy as consumers embraced traditional and modern trends, with increased demand for experiences, cultural tourism, cinema, and a rise in...

Progress

52% Bias Score

Decent Work and Economic Growth
us.cnn.com
🌐 75% Global Worthiness
News related image

Kohl's New CEO Inherits Declining Sales, Stock Value

Kohl's, facing declining sales and stock value for 11 consecutive quarters, saw its previous CEO's attempt to revamp the chain by replacing private-label brands with well-known ones fail to offset shortfalls, alienating core customers and resulting in a nearly 50% stock drop over the past year.

Progress

48% Bias Score

Decent Work and Economic Growth
nbcnews.com
🌐 75% Global Worthiness
News related image

AmEx Q4 Spending Surges 8%, Driven by Millennial and Gen Z Spending

American Express's fourth-quarter 2023 card spending surged 8% year-over-year, fueled by a 16% jump in transactions from millennials and Gen Z, exceeding growth from older demographics and indicating continued strength in travel and entertainment spending, particularly in premium segments.

Progress

36% Bias Score

Reduced Inequality
europe.chinadaily.com.cn
🌐 85% Global Worthiness
News related image

Chinese Consumers Prioritize Wellness, Experiences Amid Cautious Spending

AlixPartners' report on 3,000 Chinese consumers shows increased spending on wellness and experiences (41% on health, 30%+ on groceries/clothing/travel), led by Gen Z in top cities and affluent seniors, despite cautious overall sentiment; online channels dominate.

Progress

16% Bias Score

Good Health and Well-being
cincodias.elpais.com
🌐 75% Global Worthiness
News related image

E-commerce Sales Surge in Spain: 18% Growth in 2024

In 2024, Spanish e-commerce sales surged by 18%, outpacing offline growth at 4.5%, reaching a 6.8% market share in consumer goods. This growth is fueled by increased purchasing frequency, larger basket sizes, and higher spending, with senior citizens increasingly adopting online shopping.

Progress

44% Bias Score

Responsible Consumption and Production
cnbc.com
🌐 75% Global Worthiness
News related image

Improved Restaurant Sales Signal Cautious Optimism for 2025

Restaurant companies are reporting improved fourth-quarter sales, despite challenges such as McDonald's E. coli outbreak and inflation, indicating a cautiously optimistic outlook for 2025, with Starbucks' earnings kicking off the reporting season.

Progress

48% Bias Score

Decent Work and Economic Growth
french.china.org.cn
🌐 85% Global Worthiness
News related image

Record Lunar New Year Travel Fuels China's Economic Optimism

China's Lunar New Year celebration saw a record 273 million inter-regional trips on February 10th, a 17.3% year-on-year increase, reflecting strong economic activity and boosted by UNESCO recognition of the festival's cultural significance; this positive trend is expected to contribute to China's ec...

Progress

52% Bias Score

Decent Work and Economic Growth
cnn.com
🌐 75% Global Worthiness
News related image

Kohl's New CEO Inherits Struggling Retail Giant

Kohl's new CEO, Ashley Buchanan, inherits a struggling department store chain with declining sales and stock value due to previous executive decisions that alienated customers. The company is facing challenges from online competition, high inflation, and the lingering effects of the COVID-19 pandemi...

Progress

44% Bias Score

Decent Work and Economic Growth
cnbc.com
🌐 65% Global Worthiness
News related image

Higher Tax Refunds to Boost Select Retail Stocks in 2024

Increased 2024 tax refunds, projected by Wolfe Research due to IRS inflation adjustments to tax brackets and standard deductions, are expected to particularly benefit lower-income consumers and positively impact select retail stocks like Walmart, Ross Stores, and Five Below.

Progress

52% Bias Score

Reduced Inequality
cnbc.com
🌐 75% Global Worthiness
News related image

AmEx Q4 Spending Surges 8%, Driven by Millennials and Gen Z

American Express reported an 8% year-over-year increase in card spending in Q4 2024, fueled by a 16% surge in transactions from millennials and Gen Z, exceeding growth in other age groups and exceeding expectations for goods and services.

Progress

36% Bias Score

Reduced Inequality
elmundo.es
🌐 75% Global Worthiness
News related image

Record Grocery Spending in Spain Reaches "122 Billion Euros" in 2024

Spanish consumers spent a record "122 billion euros" on groceries in 2024, a 4.6% increase driven by higher input prices (up 2.5%), increased demand (up 2%), and a booming online grocery sector (up 18%).

Progress

36% Bias Score

Zero Hunger

Showing 85 to 96 of 200 results