Why one popular shoe brand is lowering prices in the face of inflation | CNN Business

  • 📰 CNN
  • ⏱ Reading Time:
  • 20 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 95%

Portugal Notícia Notícia

Portugal Últimas Notícias,Portugal Manchetes

As inflation continues to strain family budgets, one maker of popular footwear is lowering prices on its products to provide some relief to weary consumers.

As inflation continues to strain family budgets, forcing people to prioritize purchasing daily necessities over discretionary buys, one maker of popular footwear is lowering prices on its products to provide some relief to weary consumers.

“On average, we are bringing prices down by 5% across the board,” John Evons, president of Keen said Friday in an interview with CNN. The company announced the move on its website on Thursday. “We believe we are doing the right thing to help people in this inflationary environment. We want people to continue to enjoy the outdoors and be able to go to work with safe shoes,” he said.

 

Obrigado pelo seu comentário. Seu comentário será publicado após ser revisado.
Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

 /  🏆 4. in PT

Portugal Últimas Notícias, Portugal Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

The US economy added 339,000 jobs last month, soaring past expectations — again | CNN BusinessThe US economy added 339,000 jobs last month, soaring past expectations — again
Fonte: CNN - 🏆 4. / 95 Consulte Mais informação »

Farm animals, crops suffer from extreme weather affecting China | CNN BusinessWith parts of China experiencing record high temperatures and heavy rains, reports of farm animals and crops suffering from extreme weather patterns are dominating headlines in the country, raising concerns about food security in the world’s second largest economy.
Fonte: cnni - 🏆 326. / 59 Consulte Mais informação »

How Chick-fil-A became a target for going 'woke' | CNN BusinessChick-fil-A has become a surprise target of right-wing ire following the discovery that the company has an executive overseeing its diversity, equity and inclusion policies.
Fonte: CNN - 🏆 4. / 95 Consulte Mais informação »

Netflix shareholders reject sky-high executive pay packages | CNN BusinessNetflix shareholders voted on Thursday to reject multi-million dollar pay packages for the company’s top executives including for co-CEOs Ted Sarandos and Greg Peters.
Fonte: CNN - 🏆 4. / 95 Consulte Mais informação »

Elon Musk is accused of insider trading by investors in Dogecoin lawsuit | CNN BusinessInvestors proposing a class action lawsuit have accused Tesla CEO Elon Musk of insider trading and manipulating the cryptocurrency Dogecoin, costing them billions of dollars.
Fonte: CNN - 🏆 4. / 95 Consulte Mais informação »

The uber-wealthy are doing just fine and Wall Street is cashing in | CNN BusinessWorries of a possible global recession are deepening as heightened inflation and interest rates act as a brake on spending, while geopolitical strife adds to a sense of profound economic uncertainty.
Fonte: CNN - 🏆 4. / 95 Consulte Mais informação »