GlobalData
Fashion & Lifestyle
Textile waste must be fashion industry’s next raw material: GlobalData
The COVID-19 pandemic has acted to further galvanise consumers in demanding more responsible products and fashion firms already have the necessary tools at hand, writes GlobalData, a leading data and analytics company.
Beth Wright, Apparel Correspondent for GlobalData, comments: “The pandemic has...
Research
Disney’s recent hiring trend shows shift to retail and media DTC, says GlobalData
The Walt Disney Company’s recent hiring trend shows a shift to Dinsey+, its video-on-demand streaming services and retail Disney Stores to offset the impact of COVID-19 on its theme park business. Hiring remains strong in the media networks and...
Retail
Mobile wallet transactions in India to exceed Rs 100 trillion in 2024
Mobile wallet adoption is gradually displacing traditional payments such as cash and cards in India. This has become even more prevalent during the current COVID-19 crisis and as a result mobile wallet transaction is expected to surpass Rs 100...
Retail
Continued economic uncertainty will see bargain hunters emerge as a key target consumer group, says GlobalData
By the end of 2020, unemployment rates in working capitals are expected to more than triple due to the effects of COVID-19. This has subsequently affected behavior for the ‘bargain hunters’ consumer group as they are most affected by...
International News
COVID-19 accelerates e-commerce growth in South Korea, says GlobalData
South Korea is one of the most developed e-commerce markets globally. The ongoing COVID-19 pandemic and the subsequent lockdown and social distancing measures undertaken by government have further accelerated e-commerce sales in the country, according to GlobalData, a leading...
Retail
India’s retail sector to witness next wave of growth in unorganised segment driven by technology
Despite the exponential growth of e-commerce and digital retail stores, India’s retail sector is still mostly unorganized, particularly in non-metropolitan areas. During the government-imposed lockdown due to COVID-19 pandemic, organized retailers of non-essential goods registered steep losses. However, technology...
Retail
COVID-19 helps accelerate transition towards digital payments in India’s retail industry
The COVID-19 pandemic has caused a fundamental shift in the way customers make their retail payments, particularly in the emerging economies like India. Though customers were slowly marching towards digital payments over the past few years, the COVID-19 crisis...
International News
COVID-19 pandemic reshaping e-commerce payments in Australia, says GlobalData
Australia’s e-commerce market has been on a growth curve during the past few years and the recent COVID-19 outbreak has further accelerated this trend. The country’s e-commerce market is forecast to grow at a compound annual growth rate (CAGR)...
Retail
Multichannel Retail and COVID-19 Report: Online and physical sales channels form a highly competitive single retail market
A new report titled 'Multichannel Retail and COVID-19' by GlobalData, finds that shopping habits in the US and Europe shifted dramatically because of disruption caused by the pandemic, driving rapid adoption and growth in buy online, pick up in-store...
Retail
Retailers need to act global and think local post COVID-19
Rapid globalization and urbanization have been the most prominent growth drivers of retail for decades now. In 2019, world trade to GDP ratio crossed 60 percent, and the global urban population crossed 4 billion with the retail industry in...
- Advertisement -
Latest News
Digital Icon : Rajneesh Sharma
Rajneesh Sharma brings over 24 years of diverse experience in FMCG, fashion, retail, and manufacturing. Rajesh is dedicated to...
- Advertisement -