Brexit Is Hurting Consumers Says Bloomberg Opinion's Felsted

Brexit Is Hurting Consumers Says Bloomberg Opinion's Felsted

Assessment

Interactive Video

Business

University

Hard

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The video discusses the slowdown in retail, focusing on ASOS's challenges despite its strong online presence. Factors like declining consumer confidence, the spread of Black Friday discounts, and Brexit's political uncertainty are highlighted. The video also examines ASOS's competition with Amazon and other retailers, noting that Amazon struggles with fashion. The impact of price points and market segments, particularly in menswear, is also explored.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What factors are contributing to the slowdown in consumer confidence according to the text?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How has Brexit impacted consumer behavior in the UK?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What role does Amazon play in the current retail landscape as mentioned in the text?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

How are mid-market retailers faring in comparison to higher-end retailers?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What trends are observed in menswear spending according to the discussion?

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