The Italian consumer industry experienced a 34% drop in new job postings in Q2 2023 compared with the previous quarter, with the highest share accounted for by Farfetch with 231 job postings according to GlobalData’s analysis of consumer company job postings. GlobalData’s Key Consumer Trends to Watch in 2023 report provides a comprehensive analysis of the most impactful consumer trends expected to shape the market in the coming year. The report covers key trends such as the value-for-money mindset, health in focus, consumers in control, and the new normal in Buy the report here.
Notably, Management Occupations jobs accounted for a 12% share of the Italian’s consumer industry new job postings in Q2 2023, down by 37% over the prior quarter.
Management Occupations drive consumer hiring activity
Of the industry's total hiring activity, the highest number of new job postings were for Management Occupations, which accounted for 12% of the total new job postings in Q2 2023 and were up by 11% year-on-year. Second highest were Business and Financial Operations Occupations, which accounted for 11% and rise by 13% year-on-year, and third highest were Sales and Related Occupations, which were 11% of the new job postings and 16% lower year-on-year.
Top five companies in consumer accounted for 45% of hiring activity
The highest number of jobs were posted by Farfetch with 231, followed by LVMH Moet Hennessy Louis Vuitton with 203, while the highest increase was at Ferrero Group at 133%.
For further understanding of GlobalData's Key Consumer Trends to Watch in 2023, buy the report here.