Supply chain issues and inflation are affecting both how Canadian consumers shop for groceries, and the outlook for Canadian grocers. Inflation is having a disproportionate effect on those living near the poverty level, leading to greater deal-seeking among consumers. The negative influences of inflationary pressures and supply chain issues are likely to persist well into 2022.
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.