|
|
Article: Robust Consumer Spending in Russia and Eastern Europe Bodes Well for Upscale, Branded Products, Says Turner Investment Partners Commentary.
- Article from:
- Business Wire
- Article date:
- April 18, 2008
CopyrightCOPYRIGHT 2008 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
BERWYN, Pa. -- Have American consumers finally shopped until they've dropped? U.S. retail sales have waned in recent months due to high gasoline and food prices, a housing downturn, and a soft job market. But consumer spending in Russia and Eastern Europe is downright vigorous and purveyors of upscale, branded products will likely benefit from this trend. That's the conclusion of the latest Sector Focus commentary by four consumer analysts at Turner Investment Partners.
Turner, an investment firm based in Berwyn, Pennsylvania, publishes Sector Focus commentaries monthly as part of the continuing efforts of its five analyst teams to monitor the market sectors for ...