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Tag: cutting

Chinese may be cutting back on spending. But there’s one area that continues to grab wallet share

Chinese may be cutting back on spending. But there’s one area that continues to grab wallet share

Finance
Blend Images - Jade | Getty Images An increase in spending by "young free spenders" in China are helping the local fitness industry, according to McKinsey's bi-annual survey of the consumer released Thursday.Despite U.S.-China trade tensions and a slowdown in domestic economic growth, these so-called young free spenders "have significantly boosted their purchases" from last year in nearly every category the McKinsey report tracked. Health consciousness dominated.The top ten product categories by greatest spending increase included fresh milk, skincare, yogurt and sportswear.The young free spender demographic, as defined by McKinsey, covers young people who live predominantly in China's less developed, lower-tier cities. Cheaper living costs and less demanding work schedules — relative to p
Royal Shakespeare Company speaks out after cutting ties with BP

Royal Shakespeare Company speaks out after cutting ties with BP

Entertainment
The Royal Shakespeare Company has told Sky News it was "not making ethical decisions about a company" when it ended an eight-year sponsorship deal with BP.Instead, the RSC said it was looking at how to secure "the future of our organisation which has such a strong commitment to continuing to reach half a million young people every year". Jacqui O'Hanlon, the RSC's director of education, said its £5 ticket offer for young people "will continue going forward", although a new backer for the scheme is yet to be found. Image: The Royal Shakespeare Company in Stratford-upon-Avon BP had been working with RSC for the last eight years funding the offer for 18 to 25-year-olds, which about 80,000 young people have benefited from.Talking about th
New York Giants RB Saquon Barkley running, cutting after ankle injury

New York Giants RB Saquon Barkley running, cutting after ankle injury

Sports
Oct. 2 (UPI) -- New York Giants star running back Saquon Barkley was running and cutting on the practice field Wednesday after suffering a high ankle sprain against the Tampa Bay Buccaneers less than two weeks ago. Barkley was seen stretching and working out with the Giants' medical staff on a side field. Despite his light workout, the Giants listed him as a non-participant during Wednesday's practice, according to the team's official injury report. Giants head coach Pat Shurmur didn't rule out Barkley for Sunday's game against the Minnesota Vikings, but it remains unlikely that he plays. League sources told ESPN that Barkley is eyeing a return the following week, when the Giants visit the New England Patriots on Oct. 10. "I don't know yet," Shurmur said about the tailback's availability...