Get all your news in one place.
100's of premium titles.
One app.
Start reading
Evening Standard
Evening Standard
Business
Michael Hunter

ProCook warns of rapid consumer confidence crash due to cost of living crisis

ProCook says it will focus on the UK in the short term

(Picture: ProCook )

ProCook, the kitchenware brand, has warned of a multi-year low for consumer confidence as rising inflation and the cost of living squeeze means its core market is shrinking.

It estimated that the kitchenware market contracted by around 12% in the the first quarter of its current financial year, during which its UK revenues fell 9% year-on-year against “tough” comparative figures.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.