Presence Tag

With recessionary woes looming, retailers need to wellness to offer healthy returns within the 12 months ahead. Consumer interest within the category exploded throughout the pandemic as many individuals launched into self care routines while stuck at home. In line with The Global Wellness Institute, the worldwide market is predicted to succeed in $7 trillion by 2025. The trend appears here to remain, despite large swathes of the workforce being called back to the office, in addition to an uncertain economic backdrop and soaring inflation. An Accenture consumer survey released in September 2022, which polled greater than 11,000 people across 16 countries, found that despite respondents feeling increasingly financially squeezed, consumers considered health and fitness to be an “essential,” alongside groceries and...