Group 1 - The report by PwC indicates that U.S. consumers are expected to reduce holiday spending significantly, marking the largest decline since the pandemic due to rising living costs and tariffs [1][3] - Approximately 84% of surveyed consumers plan to cut back on spending in the next six months, with an average holiday spending decrease of 5.3% compared to last year [3][4] - The most significant reduction in holiday spending is observed among Generation Z, with a planned decrease of 23% compared to the previous year [3] Group 2 - Retailers are facing challenges as 84% of respondents anticipate cutting back on expenditures, particularly in clothing, high-priced items, and dining out [3] - The overall prices of holiday decorations, including Christmas trees and lights, are expected to rise by 15% to 20% due to the impact of tariffs [5] - Retailers may reduce the number and variety of products available and could initiate promotional activities earlier in September and October to manage demand and avoid shortages in December [5]

Group 1 - The company Haitian Culture is currently busy fulfilling over 20 sets of "fantasy" themed lantern orders for the UK, with a peak production period expected until mid-August [1] - Zigong, where Haitian Culture is located, has over 1,000 lantern enterprises that hold a 92% share of the international market, with projects exhibited in over 80 countries and regions [1] - In 2024, Zigong lanterns will implement 104 overseas projects, with cultural exports exceeding 77 million USD, and 51 overseas projects have already been executed in the first half of this year [1] Group 2 - Zigong Bosi Lantern Art Co., Ltd. has sent a container of lanterns to Houston, USA, for the "Winter Dream Lantern Festival," marking the 11th consecutive year of participation [1] - The company plans to present four new segments at the festival: Dream Garden, Magic Forest, Children's Art Paradise, and Snowy Christmas Carnival [1] - In the field of simulated dinosaurs, Zigong enterprises hold a dominant position in the global market, exporting to over 40 countries including the USA, Germany, and Peru, with an overseas market share exceeding 90% [1] Group 3 - Zigong Genggu Longteng Technology Co., Ltd. is intensifying its efforts to expand into European and Asian markets, with overseas order sales exceeding 2.68 million USD in the first five months of the year, a 14% increase year-on-year [2] - The company is focusing on technological and product innovation to enhance competitiveness, including the development of smarter simulated dinosaurs and the use of more environmentally friendly and durable materials [2]