Netflix and Disney record record subscriber growth while other parts of consumer demand wither with people in lockdown.
The plunging oil price points to the latter having more of an impact on the economy than former boost to a few companies’ top line.
But given the relatively sanguine nature of the stock markets, with rises since mid-March, somewhere is a massive disconnect.
It seems incredible investors’ expectations of future profits – let alone survival of many of these businesses – are right or they are paying the right multiples for these earnings but as economist John Maynard Keynes said: “The market can stay irrational longer than you can stay solvent.”
But for those at the front line of getting what people want to where they can buy it are even more vital in this time and worth listening to.
The main discussion issues for our next webinar will be the impact of Covid-19 on consumer/retail and logistics trends and how to cope when 95% of demand goes away from an innovation point of view and whether on-shoring of logistics will become more important as we emerge.
Join our CVC-oriented panel on the consumer sector tomorrow, April 23 at 10am PST, with special guests of the webinar:
- Mark Pihlstrom, partner at Faegre Drinker
- Allan Williams, manager of corporate development at Hormel
- Erin VanLanduit, managing director at Tyson Ventures
- Jay Bunte, manager, strategy, M&A and venture capital investments at Ingredion
- Eilat Cohen Basat, managing director of global digital innovation at Kimberly-Clark
- Robert Cha, director, technology partnerships and investments at LG Electronics
The webinar will be hosted and moderated by Kaloyan Andonov.
Be sure to join your corporate peers and find out about ideas and strategies in these turbulent times. This webinar is in partnership with law firm Faegre Drinker.
