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UK clothing & footwear market forecast to decline by £14.0bn this year

Set to be the worst hit sector by the COVID-19 pandemic, UK clothing & footwear spend is anticipated to plummet in 2020, falling 26.1 percent versus 2019, says GlobalData, a leading data and analytics company. Chloe Collins, Senior Retail Analyst...

Pivotal moment for retail as Next shuts online operation

Following the decision by UK clothing retailer Next to shut its online operations down, Patrick O’Brien, UK Retail Research Director at GlobalData, a leading data and analytics company, offers his view: “Next’s decision is likely to reverberate across the retail...
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Beyond Appliances raises $2 million in seed funding

The funding round was led by Fireside Venture Investment Fund IIIBengaluru: Smart kitchen appliance brand Beyond Appliances has raised...
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