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China's falling birth rate pushes baby product firms to diversify

13 Sept 16:56 Key points summarised by AI

China's plummeting birth rate is compelling baby product companies to pivot their business strategies to survive.
Firms like NATUNAKIDS are expanding beyond traditional baby items, venturing into adult and parent-child apparel, and even considering pet products.
The demographic shift, rooted in past policies and current reluctance to have children, has led to China's first population decline in six decades, signaling a challenging future for the baby industry.
Market analysts predict a bleak outlook, with companies facing declining margins and revenues as they struggle to adapt to the shrinking market.

Today 12:56 Key points summarised by AI

President Macron condemned widespread rioting and looting during nationwide protests, blaming far-left activists and criminals for the "unrestrained violence" and vowing accountability for those who "sought to bring down the Republic."
Over 2,400 arrests were made as protests against rising living costs and poor school conditions escalated, causing extensive damage to public buildings and businesses in cities like Paris, Limoges (where City Hall burned), Marseille, and Lyon.
The unrest, which organizers hoped would revive the "yellow vest" movement, saw political leaders trade blame, with Macron instructing prefects to protect public buildings and potentially ban future protests to prevent further disorder.