With inflationary pressures remaining strong so far in 2022 due to a variety of cost-push and demand-pull factors, it is vital for companies to carefully track how prices and availability are changing in core markets. Building various baskets of consumer goods can reveal how inflation and availability are faring across markets and help companies prioritise pricing and supply chain strategies.
The global economy faces new headwinds following the Russian invasion of Ukraine in February 2022, while the COVID-19 pandemic is not yet over. The war in Ukraine and its resulting sanctions imposed on Russia are projected to cause accelerated energy and commodity prices, further disruptions in global supply chains and reduced business and consumer confidence.
2022 will be a pivotal year for the US travel industry’s recovery. This article will look at three ways that international tourists have changed during the pandemic and how US destinations can use these changes to build loyalty with inbound visitors.
Euromonitor is delighted to confirm its participation as a speaker alongside Credit Suisse at the ‘Wall Street to Main Street’ session at the ACI Annual Meeting and Industry Convention in 2022. The ACI is the Home Care and Chemical industry’s premiere event for business-to-business networking, held annually in Orlando, Florida at the end of January and brings together hundreds of cleaning product producers and their supply chain partners.
Over the last few years, sales of hair care appliances have remained relatively stable in the US. Trends that have been impacting sales growth are consumers’ interest in minimising heat damage, simplifying their routine, and embracing their natural hair texture. Consumers are investing in higher-quality hair care products that enhance the health of their hair, and changing their hair care routines to reduce the usage of heated appliances.
When most US fashion companies were caught off guard by the impact of the Coronavirus pandemic, the Chinese ultra-fast fashion giant Shein was conquering the US market with sustained sales growth. Shein has won over Gen Z consumers with its competitive advantages in product price, fast delivery, influencer marketing strategy, and DTC model.
Companies around the world are struggling with price increases due to disruptions in local and global supply chains. It is critical for companies to stay aware of changing online prices and understand how competitors' products are faring.
Despite renewed enthusiasm for make-up in 2021 after a dismal 2020, an elongated recovery of the US colour cosmetics market is expected, as consumer behaviour and spending shifts evolve. Euromonitor highlights opportunities in colour cosmetics, such as digitalisation and personalisation, and addresses future challenges.
Recently, Major League Soccer (MLS) and Liga MX hosted their first joint All-Star game, another significant step in the progressing partnership between the two leagues.