Consumer foodservice was one of the industries most badly impacted by the pandemic and its slew of restrictions, recording major losses across regions. It has been recovering in most areas of the world since the pandemic, although the recovery is starting to slow, due to high inflation rates pushing up costs and eating into consumers’ disposable incomes.
In 2023, new electric vehicle registrations – battery electric vehicles (BEVs) and plug-in hybrid electric vehicles (PHEVs) – are poised to achieve a record 20% worldwide, up from 16% a year earlier. Western Europe and China will collectively account for 83% of all new EV registrations in 2023 and are expected to continue driving the global EV transition in the short to medium term.
Enthusiasm is high among US fans as the new National Football League (NFL) season kicked off in September. While teams will compete for success on the field, off it both teams and brands are contending for the right commercial partnership. Even though the NFL boasts the highest sponsorship value among the top US leagues in 2023, much of it remains untapped and pressure is building up for the league to reform its commercial strategy so as to maximize revenue streams.
Luggage sales globally were heavily impacted by the pandemic, as travel halted. As COVID-19 restrictions eased in 2021, travel returned, and luggage sales rebounded. However, in 2022, inflationary pressures, the war in Ukraine and continued restrictions in China hampered the full recovery questioning if the industry will return to pre-pandemic levels as initially expected.
In an exclusive commentary for Gulf Physio, Senior Research Analyst, Dorothy Calba, shares her insights on the role the expansion of women’s football and women’s sports more broadly can play in the physio and sports equipment space.
The Rugby Union World Cup kicked off last weekend in France, considered as a dress rehearsal for next summer’s Olympic Games in Paris. However, the expected 600,000 international visitors will dwarf in comparison to next summer’s Olympiad. The Games will bring with them many opportunities but also challenges for the French tourism industry. With a forecast global television audience of four billion, a well-executed Paris 2024 could raise the profile of France as a destination from 2025 onwards.