Episode Details

Europes retailers sound the alarm over Middle East conflict, warning of higher prices and weaker consumer spending. Companies like H and M and Co-op report surging transportation and supply costs due to soaring crude oil prices. H and M experiences softer sales, while Next braces for extra costs and potential price hikes. Consumer confidence plummets in UK, Germany, and Italy, with retail sales dropping and households pulling back amid energy bill fears. Polish fashion giant L P P warns of potential performance impact from fuel and distribution expenses. Food retailers describe cautious shoppers, with concerns over commodities like feed and fertilizer. Retailers agree a prolonged conflict could strain budgets and supply lines.

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