consumer
“Neo-medievalism” is emerging as a consumer trend, according to creative agency Wonderhood Studios.The trend embraces medieval aesthetics and reflects a rejection of modern tech culture.Fashion, home decor, and mead sales are key areas influenced by neo-medievalism, per Wonderhood.With Brat Summer fading further into the rearview mirror, it’s time to look…
By Manya Saini and Pete Schroeder (Reuters) -The U.S. Consumer Financial Protection Bureau said on Friday it filed a lawsuit against JPMorgan Chase (NYSE:), Bank of America and Wells Fargo (NYSE:) for failing to protect consumers from alleged “widespread fraud” on payments platform Zelle. The lawsuit was initiated as the…
Investing.com — In its ‘2025 Global Consumer Outlook’ report released Monday, RBC Capital Markets outlines significant challenges and opportunities shaping global consumer markets. Drawing from perspectives across regions and sectors, the report emphasizes key trends and themes expected to influence consumer behavior and retail performance in the year ahead. A…
By Lucia Mutikani WASHINGTON (Reuters) -U.S. consumer confidence increased to a 16-month high in November amid optimism over the labor market, expectations for lower inflation and higher stock prices over the next year. Part of the second straight monthly rise in confidence reported by the Conference Board on Tuesday likely…
Investing.com — As the U.S. election approaches, Bank of America analysts examined its potential impact on Consumer Finance stocks in a recent research memo. The bank argued that while policy differences exist between candidates, “the health of the broader U.S. economy” will ultimately be more influential in driving sector fundamentals, particularly…
China’s luxury slump is spreading to more consumer brands.Companies like Starbucks, Estée Lauder, and Nike have reported falling sales in the region.Consumer confidence continues to be weak, leading to an overall tightening of belts. For the better part of this year, China has experienced a slump in the most opulent…
As traders approach another pivotal day for financial markets, a series of crucial economic data releases that could sway market dynamics are expected on Tuesday, October 29, 2024. The spotlight will be on the JOLTs Job Openings report and the Conference Board’s Consumer Confidence index, both of which are key…
Investing.com — In a note published Thursday, Bank of America analysts have examined how the upcoming U.S. election might impact consumer stocks, focusing on potential shifts in fiscal, immigration, trade, and regulatory policies. Each policy domain, subject to divergent stances between a Democratic or Republican administration, is poised to affect…
Investing.com — Consumer-oriented and industrial stocks are most at risk from a potential oil supply shock, Barclays strategists said Tuesday. While the likelihood of significant supply disruption is low, strategists believe investors should “remain on guard” as potential ripple effects of rising oil prices could have a material impact on…
By Richa Naidu LONDON (Reuters) – Nestle’s plans under new CEO Laurent Freixe to restructure and sharpen its focus on its top brands were welcomed by investors, but executing a turnaround strategy against a backdrop of weak consumer demand will be a tough task. After replacing Mark Schneider as CEO…
