GlobalData
International News
COVID-19 makes e-commerce even more preferred among shoppers in Hong Kong, says GlobalData
The growth of Hong Kong e-commerce market has been revised up, considering the positive push due to coronavirus (COVID-19) outbreak, according to estimates by GlobalData, a leading data and analytics company.
An analysis of GlobalData’s E-Commerce Analytics reveals that the...
International News
Face mask requirement is yet another blow for non-essential retailers, says GlobalData
Face masks will be compulsory in England’s shops from July 24, 2020.
Sofie Willmott, Lead Retail Analyst at GlobalData, a leading data and analytics company, offers her view on this news; “Shopping for non-essential items is already less appealing than...
Retail
COVID-19 accelerates digital transformation in retail
As the entire world is scrambling to come back to normalcy under the COVID-19 pandemic-induced social distancing guidelines, brick-and-mortar retailers are shifting gears to rapidly embrace digital technologies to bridge the physical distance and navigate the crisis. With increased...
Fashion
Manufacturers offering flexibility will win-out in post-COVID world
Clothing manufacturers will need to be open to offering buyers significantly more flexibility if they hope to secure greater orders in a post-COVID world, says GlobalData, a leading data and analytics company.
Nations are gradually emerging from the pandemic, which...
International News
Retailers need to instill confidence among APAC consumers to remain relevant in post COVID-19 world, says GlobalData
As China and other markets across the Asia-Pacific (APAC) region continue to grapple with the COVID-19 pandemic, there is a visible difference in how consumer spending has changed over the course of the first half (H1) of 2020 due...
Fashion
Athleisure set to increase its share in clothing and footwear to 18.5 pc by 2023 in APAC
The athleisure market in the Asia-Pacific (APAC) region is no longer just a western world phenomenon. It symbolizes the millennial cultural shift as more casual workplaces have diminished the strict formal dress codes at work and beyond. The athleisure...
Food
COVID-19 boosts customer appetite for online grocery shopping in APAC countries, says GlobalData
The need to maintain social distance and stay at home due to the COVID-19 pandemic is increasingly forcing consumers across the Asia-Pacific (APAC) region to shift their shopping habits online. Therefore, contactless deliveries are ideal during lockdown measures, forcing...
Fashion
As APAC luxury markets sink by US$ 2.1 bn, brands turn to affordable luxury, says GlobalData
Luxury has been one of the most affected industries in the retail sector due to the COVID-19 pandemic. The crisis led to the closure of several luxury stores across the Asia-Pacific (APAC) region, bringing their revenue stream to a...
Retail
E-commerce and contactless payments will see unprecedented push post-COVID-19
The COVID-19 pandemic has brought a paradigm shift in the payments industry. While cash payments became a thing of the past due to cash being considered as a potential carrier of the virus, various types of e-commerce and contactless...
Food
Grocery retail saw 4X surge in influencer conversations on Twitter over last 90 days, finds GlobalData
Retailers are seeing a surge in grocery shopping as consumers stock up on food and other essentials because of the COVID-19 outbreak. A similar trend is observed on GlobalData’s Grocery Retail Influencer Platform, where grocery retail related conversations spiked...
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Latest News
5 Pillars of Customer Retention
Customer experience, social media, trust, transparency and data critically impact customer retention said representatives of leading brands speaking at...
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