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Top related persons:
Thomas Harms - 1 Zs - 1 Herbalife - 1
Top related locs:
Asia Pacific Herbalife Asia
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Boomers - 1 Asia - 1 Healthcare - 1 Bain & Company - 1 Asia Pacific - 1 of Wellness Survey - 1 Bain - 1 Company's - 1

Search resuls for: "Thomas Harms"


3 mentions found


☆ Is health and wellness the next big business opportunity for Asia Pacific?
  + stars: | 2024-12-02 | by ( Sponsored Herbalife | ) www.businessinsider.com   time to read: +6 min
By Thomas Harms, senior vice president and managing director, Asia Pacific, HerbalifeIn Asia Pacific, the entrepreneurial spirit is thriving as many individuals, from Generation Zs to the Boomers, aspire to own their own businesses. More than three in five (63%) aspiring entrepreneurs in Asia Pacific also plan to start a small business in the next 18 months. While the shifting consumer spending trends reveal a clear potential for growth, will the health and wellness sector present a new wave of business opportunities for Asia Pacific? Growing focus on health and wellness in Asia PacificEarlier this year, Herbalife surveyed 8,000 respondents across 11 markets for the Asia Pacific Business of Wellness Survey. Health and wellness a bright spot for aspiring entrepreneursThe health and wellness industry presents a significant growth opportunity for aspiring entrepreneurs, making the future of entrepreneurship in the region look promising.
Persons: Thomas Harms, Zs, Herbalife Organizations: Boomers, Asia, Healthcare, Bain & Company, Asia Pacific, of Wellness Survey, Bain, Company's, Health, Insider Studios Locations: Asia Pacific, Herbalife, Asia
☆ Ending the retailers’ crisis has a high price tag
  + stars: | 2023-05-02 | by ( Aimee Donnellan | ) www.reuters.com   time to read: +5 min
BARCELONA, May 2 (Reuters Breakingviews) - High-street retailers are facing a heavy bill to weather the cost-of-living crisis. The cost of heating stores and staff requests for pay rises are squeezing operating margins at top players like H&M (HMb.ST) and Next (NXT.L). Shrinking disposable income is making it hard for these retailers to boost sales to protect margins. Most bricks-and-mortar retailers trade on higher multiples than they did before the war in Ukraine sparked soaring inflation. But that leaves a squeezed middle of retailers like H&M exposed to the brunt of the retail crisis.
☆ Global retailers seek new ways to lure in shoppers as spending slows
  + stars: | 2023-04-25 | by ( Helen Reid Corina Pons | Helen Reid | Corina Pons | ) www.reuters.com   time to read: +2 min
BARCELONA, April 25 (Reuters) - Europe's cost of living crisis has benefited discount retailers but mid-market names are being squeezed as shoppers watch their spending, executives and analysts at an industry conference said on Tuesday. Although price rises are slowing, retailers globally are still worried inflation will dampen consumer spending and are looking for new ways to attract customers. In Europe especially, some have seen sales slow as high energy bills lead customers to buy less or cheaper food and clothes. And passing higher costs on to shoppers is likely to become harder: 72% of respondents said they expected consumers to be more price-sensitive this year. "It's a very positive moment," said Ying Xu, president of Chinese supermarket chain Wumart, referring to the reopening.
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