International News

As China emerges from the lockdown restrictions, 56.0 percent of Chinese consumers are buying food and grocery online more frequently than before, says GlobalData, a leading data and analytics company. Thomas Brereton, Retail Analyst at GlobalData, comments: “The impact of...

Burberry has released FY figures for 2019/20. Sofie Willmott, Lead Retail Analyst at GlobalData, a leading data and analytics company, comments: ‘‘Burberry’s full year performance was significantly impacted by the pandemic originating in its biggest market, APAC, however it is...

The UK government has set out plans for non-essential retailers to open stores from June 15. Sofie Willmott, Lead Retail Analyst at GlobalData, a leading data and analytics company, offers her view on this news; “Non-essential retailers whose stores have been...

Gucci is stepping away from the traditional luxury fashion catwalk calendar and cutting its shows from five to two per year. Sofie Willmott, Lead Retail Analyst at GlobalData, a leading data and analytics company, offers her view on this news;...

The UK e-commerce sector could lose £5.9 billion through severe data breaches each year, new research reveals. 43 percent of businesses have experienced a cybersecurity breach or attack over the last 12 months, and can lose up to 7.27 percent...

Apple has managed to reopen nearly 256 retail stores out of more than 500 worldwide, as it aims to safely restart operations. Apple closed all its retail stores outside Greater China in March as COVID-19 pandemic spread. All the Apple...

Over the last few years, Walmart has focused on expanding assortment of quality, on-trend, accessible fashion to help customers outfit themselves no matter their personal style or budget. In fact, Walmart has added nearly 1,000 brands to online assortment,...

Data gathered by Learnbonds.com shows that Chinese internet company Alibaba registered 9.3 percent lower profits compared to United States’ Amazon. The data further shows that there is a significant gap in revenues between the two companies by at least...

Many business owners are changing the way they make money as they attempt to recoup revenue lost to the coronavirus outbreak. The changes can look subtle; for example, when owners of clothing stores decide to beef up their internet...

The COVID-19 pandemic that continues to sweep the globe has overwhelmed health services and has taken a catastrophic physical and emotional toll on communities across every continent. With countries locked down and the closure of mass industry, the impact...

A reminder of mandatory masks, rearranged shelves, paying bills through a plexiglass divider, checking shoppers' temperatures at the door - the coronavirus crisis is changing the shopping experience, albeit, for a faster, easier, and a safer one. According to a...

Clarks has recently announced that it is cutting almost 1,000 head office roles Patrick O’Brien, UK Retail Research Director at GlobalData, a leading data and analytics company, offers his view on this news: “Clarks is in a typical midmarket squeeze:...

Covid-19 continues to dominate global headlines, ushering in unprecedented changes to the way we eat, live, work, shop and play - changes that just months ago were unfathomable. This survey was conducted to anonymously gather and provide real data...

As Thailand gradually reopened on Sunday, May 17 following the country's successful control of the COVID-19 outbreak, Bangkok's flagship malls and department stores, such as Siam Paragon, Emporium and EmQuartier, welcomed their first visitors in two months to a...