While cash-strapped consumers continue to evaluate nonessential purchases, wealthy shoppers are operating on a whole different wavelength. Sales at LVMH — parent company of the likes of Dior, Fendi and Givenchy — soared 19 percent to 19.76 billion euros.
and Free People brands continued to make gains , sales at the nameplate brand fell 9 percent during the pre-holiday season.told analysts during a conference call
Retailers, like consumers, are also struggling to keep up with rising prices in the form of elevated freight and shipping costs, employee wages and energy costs. There’s also the problem of inventory, which is expensive to store and has led to an increasingly promotional environment as firms try to unload an excess of goods., even in the face of inflation. Namely, big-box stores sell essentials and food.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Kaleidoscope Watch Order: Netflix Reveals Four Ways to Watch New SeriesWhoever is responsible for running Netflix's Twitter account says that they have come up with 'a [...]
Lire la suite »
Crypto Markets Analysis: Bitcoin Muddles Along; Consumer Credit Debt Could Present ProblemsBitcoin sees little price movement as investors continue to shy away from riskier assets. Consumer credit debt will likely reduce liquidity for investment in crypto markets. GWilliamsJr_CMT writes
Lire la suite »
Consumer Warrior Clark Howard: How much should go into your 401KMany employers offer 401K plans to their employees but some can come with hefty fees.
Lire la suite »
Watch Three McLaren Engineers Disassemble Senna's F1 CarDear racing nerds, this is the best video you'll watch all year.
Lire la suite »
Watch: BLACKPINK’s Jisoo Opens YouTube Channel To Ring In Her Birthday + To Donate All ProceedsWATCH: BLACKPINK's Jisoo Opens YouTube Channel To Ring In Her Birthday + To Donate All Proceeds
Lire la suite »
Samsung Galaxy Watch 4 Classic (LTE version) is cheaper than ever on AmazonOne of the most expensive last-gen Galaxy Watch series smartwatches, the 46mm Samsung Galaxy Watch 4 Classic is getting a massive discount on Amazon.
Lire la suite »