Danish Industry Danish companies that have the US as their main export market have begun to feel the slowdown of the US economy. One of the companies affected is the Chr. It is the slowdown of the American economy that has forced us to readjust expectations for this year s sales. We have to be prepared for new times , says Managing Director Erik S rensen. In the US there is less traffic in our stores.
People fear a recession, and expectations of a slower growth make people hold back.
We are not a necessity and people will cut back first on consumer goods that may be bought later , says Bang and Olufsen Managing Director Anders Knutsen. Not surprisingly, the prospects for American companies are even worse. The new pre-school animation program is called Tiny Robot and is based on a children s book, Little Robots , written by the English author Mike Brownlow. The story is about Tiny Robot and his friends, who have been abandoned on a scrapheap by the real world and how they build a new magic world inside the scrapheap. LMI will be managing the new initiative from the renowned children s brand and the company counts on making 2-3 children s programs a year.