News Formal

Bulging warehouses mean lean times for longer for US, European companies

  • 📰 rapplerdotcom
  • ⏱ Reading Time:
  • 17 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 86%

日本 ニュース ニュース

Retailers particularly have struggled with stocks of clothing and footwear as consumers splurge on holidays rather than goods as they did during pandemic lockdowns.

. Refinitiv data shows US and European companies are expected to report their worst quarterly results in years.Companies which stockpiled last year are finding it harder to shed inventories when higher borrowing costs and inflation crimp consumer demand, corporate executives and analysts said.

For London-listed Coats Group, which makes thread and yarn, things are improving, but the destocking has been deeper and lasted longer than usual. “Excess savings that consumers have built since the pandemic began are draining, and we think all of these excess savings could be depleted by year-end or early next year.”

 

コメントありがとうございます。コメントは審査後に公開されます。
このニュースをすぐに読めるように要約しました。ニュースに興味がある場合は、ここで全文を読むことができます。 続きを読む:

 /  🏆 4. in JP

日本 最新ニュース, 日本 見出し

Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。

EU opens probe into $20-B Adobe mergerLONDON, United Kingdom -The European Commission, acting in its role as the EU competition regulator, opened an investigation Monday into US software firm Adobe&039;s planned $20-billion takeover of
ソース: inquirerdotnet - 🏆 3. / 86 続きを読む »