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After a temporary surge in demand for food in March, monthly retail turnover fell sharply, driven primarily by low sales of durable goods in April-May. Smaller retailers were hit…
The surge of retail sales during the pandemic is fading as consumers again spend on services at the expense of goods, while persistently high inflation and rising interest rates…
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DOI: 10.1108/OXAN-DB278216
ISSN: 2633-304X
Keywords
Geographic
Topical
The rate of decline has slowed in recent months, but household demand remains weak. Consumer optimism is more positive than in many other countries hit by the pandemic, but…
The market for luxury goods in China.
Their research highlights some important areas where, amid considerable state-by-state variation, governments have opted to close some locations that are highly beneficial and…
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DOI: 10.1108/OXAN-DB260869
ISSN: 2633-304X
Keywords
Geographic
Topical
The crisis has also increased pressure on the sector to act more responsibly, socially and environmentally.
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DOI: 10.1108/OXAN-DB253489
ISSN: 2633-304X
Keywords
Geographic
Topical
About 150 million people (55% of the population) are already online, and three-quarters of them access the internet via smart feature phones or smartphones. Some pandemic-related…
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DOI: 10.1108/OXAN-DB261652
ISSN: 2633-304X
Keywords
Geographic
Topical
The value is expected to increase to USD146bn by 2025, growing at an average of 20% per year. Such projections cast a sharp spotlight on Indonesia’s regulatory framework for the…
By 2025, an estimated two-thirds of African households will have discretionary income, significantly expanding the consumer pool. Growth in sub-Saharan Africa’s consumer market…
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DOI: 10.1108/OXAN-DB218191
ISSN: 2633-304X
Keywords
Geographic
Topical
Brands in this segment of the textile and apparel industry such as the Chinese Shein and the US Fashion Nova saw their profits grow sharply as consumers cut spending and shopped…