GlobalData
International News
Wide assortment and strong online channel offers protection to John Lewis & Partners
John Lewis & Partners has recently released 5 and 12 week figures for weeks ending April 18, 2020.
Commenting on the same, Sofie Willmott, Lead Retail Analyst at GlobalData, said, “Although it is in a better position than many other...
International News
Nosedive in UK consumer confidence will be unwelcome news for retailers, says GlobalData
The UK future sentiment index plummeted in April to the lowest level seen since tracking began in April 2012, pulled down by pessimistic feeling around the future of the UK economy and bringing bad news for retailers that will...
Food
Facebook and Jio deal win-win situation for both, says GlobalData
Following the announcement of Facebook’s US$ 5.7 bn investment for 9.99 percent stake in India-based Jio Platforms Limited (JPL) on April 22 2019;
Aurojyoti Bose, Lead Analyst at GlobalData, a leading data and analytics company, offers his view on the...
Food
China to potentially become world hub for automated foodservice post COVID-19, says GlobalData
COVID-19 has disrupted the global foodservice industry like no other crisis, with businesses small and large scrambling to pull together their resources and adapt their business model to suit to a new, largely remote customer base. In the short-term,...
Food
COVID-19 demands radical changes in APAC foodservice industry, says GlobalData
Consumers are highly concerned about the possibility of being exposed to COVID-19 and its impact on their health and lifestyle. In line with this, changes in customer behavior, especially consumption habits, have been observed in the Asia-Pacific (APAC) food...
Fashion
Landlords under pressure as global fashion chains set to demand rent holidays
Global fashion players operating stores in Europe’s shopping centres and high streets will be demanding, even enforcing in some countries such as Spain, rent holidays over the next few months as COVID-19 continues to take a greater hold, says GlobalData, a leading data and analytics company.
Honor Strachan, Principal Analyst at GlobalData, comments: “Landlords will...
Beauty & Wellness
COVID-19 presents an opportunity for beauty retailers as salons remain closed: GlobalData
Sales opportunities for non-food retailers are scarce amid the COVID-19 pandemic as lockdowns are enforced and non-essential stores remain temporarily closed. However, with 59.8% of consumers globally using salons and spas for treatments*, the desire to replicate salon treatments...
International News
COVID-19 UK lockdown shuts 382 million sq.ft. of retail space, impacting £14.5bn of sales, says GlobalData
The closure of non-essential retail in the UK, now extended for another three weeks, equates to 382 million square feet of physical space out of action. This space would have generated £14.5bn of sales over that period based on...
Fashion
Fashion retailer Harpenne finished off by COVID-19 before it had a chance to get going
The clothing brand Harpenne, owned by River Island, has permanently closed less than a year after launching.
Sofie Willmott, Lead Analyst at GlobalData, a leading data and analytics company, offers her view on this news saying:“Still in its infancy and...
Fashion
Nike’s sentimental slump due to transitions and China store closures, says GlobalData
Transitions in South America coupled with store closures in China drove a decline in Nike’s margins and sentiments, says GlobalData, a leading data and analytics company.
GlobalData’s company filing analytics platform found that Nike’s overall sentiment score declined by 9.4...
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Digital Icon : Rajneesh Sharma
Rajneesh Sharma brings over 24 years of diverse experience in FMCG, fashion, retail, and manufacturing. Rajesh is dedicated to...
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