Strategic options for overcoming the crisis. Example of clothing and footwear manufacturers
Decrease of the consumer purchasing power in Russia, caused by lasting economic stagnation, has influenced many sectors of the economy. Clothing and footwear manufacturers were affected badly. According to expert opinion, real household income will continue to decline in 2017 and start to grow insignificantly in 2018.
The crisis and the private segment of the elderly care market. Trends in Moscow Region.
Up to the crisis of 2014, the private segment of the elderly care market developed steadily (at least, in Moscow and St. Petersburg). As the idea of sending elderly relatives to care homes was gradually re-demonized, modern assisted living facilities and new formats of services flourished. However, the lingering economic recession had a negative impact on the segment.