Articles
High Inflation Will Continue to Loom Over Global Retail in 2023
Bob Hoyler
In 2022, high inflation supplanted the COVID-19 pandemic as the most pressing threat to the global retail sector, as rates of inflation rose to the highest levels recorded in decades in many Western markets. Despite the gloom, however, there were some bright spots – including a strong showing by a number of markets in the Asian Pacific region, especially India, as well as the surprising resilience of e-commerce.
Changing Environmental Regulation and Crackdown on Greenwashing in the Fashion Industry
Marguerite Le Rolland
Not only is sustainability now at the forefront of consumers’ minds, but regulation holding fashion brands accountable for their environmental impact and social practices is coming, led by the EU from the design stage to disposal. Despite grey areas, the EU strategy could reverberate through global value chains, as international brands willing to continue selling in the EU will have to set up their operations to comply.
ICBC Barcelona: On Authenticity in Cannabis
Shane MacGuill
Euromonitor's Head of Tobacco Research, Shane MacGuill, reflects on the 2023 International Cannabis Business Conference in Barcelona, at which he hosted a panel discussion with industry veterans.
Key Short-Term Rentals Trends in 2023: Important Role in Tourism Recovery
Vitalij Vladykin
Based on Euromonitor International’s Top 100 City Destinations Index 2022, five out of the top six cities are also ranked among the top 12 in terms of number of short-term rental outlets in 2022. Paris, Dubai, Madrid, Rome and London – all have a great supply of short-term rentals that is crucial for diverse tourism, as well as actively involving local communities in the industry. The only exception being Amsterdam recording a shrinking offer due to its strict regulation policy.
Plant-Based Snacking: a Niche Concern or a Major Opportunity?
Margaux Laine
Euromonitor International’s Voice of the Consumer: Lifestyles survey reveals that 30% of consumers are looking to reduce their consumption of animal products. As such, it is no surprise that plant-based innovation has driven so many of the new product launches seen in foods.
Cannabis Beverages: Raising a Glass to New Rituals and Disrupting Drinks Ecosystems
Spiros Malandrakis
Cannabis drinks, still relatively niche and only accounting for a low share of cannabis sales in the markets where they are available, hold the potential to disrupt established drinks ecosystems and the traditions surrounding them, starting with alcoholic drinks.
A Guide to Refine Your Positioning Strategy
Jared Conway
Your product messaging needs to make an impression. That's where attributes come into play. But which ones should you to select? Here are two tools you can use to find the right claims and improve your competitive positioning.
Sportswear Brands can Grow Tapping into Wellness Trends
Fátima Linares
Although sportswear continued to outperform overall apparel and footwear, 2022 results and the challenging environment ahead suggest more moderate growth over the next five years. In this scenario, consumers’ greater focus on health and wellness has special relevance for sportswear, given the close relation between sports and health.
Captivating a Cautious Consumer: Xiaomi’s Guide to Conquer Latin America
Felipe Carreirão
Xiaomi has managed to grow fast and conquer Latin American consumers’ minds and pockets over the last few years, turning from a new entrant with no brand awareness back in 2015 into a lingering threat to all consumer electronics competitors. Read on as we examine the company's growth strategy, understand how it matches with the regional consumer electronics consumption profile in the current scenario, and what actions should be taken to cope with this menace, that is only expected to grow, given the investments being made by the Chinese manufacturer.