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Following the news that Nissan has returned to a positive operating profit of 27.1 billion yen for the quarter ended 31 December 2020, David Leggett, Automotive Analyst at GlobalData, a leading data and analytics company, offers his view: “The swing to operating profit for the latest quarterly financials is a sign that Nissan is now […]
Valentine’s Day will see an increase in demand for romantic meal kits and in-speriences
With Valentine’s Day around the corner and foodservice outlets either closed or providing takeaway only due to the current lockdown, leading data and analytics company GlobalData anticipates an explosion of interest in romantic meal kits as people seek to create intimate, restaurant-quality dinners at home. The company’s most recent research found that just under *one […]
The boohoo group must give tired Arcadia brands attention for them to thrive
Following the news that the boohoo group has bought Dorothy Perkins, Wallis and Burton out of administration; Emily Salter, Apparel Analyst at GlobalData, a leading data and analytics company, offers her view on this news: “The £25.2m acquisition of Dorothy Perkins, Burton and Wallis completes the transition of Philip Green’s former high street empire solely […]
Prolonged travel restrictions during February half-term spells trouble for Europe’s ski resorts
Prolonged travel restrictions could be the final nail in the coffin for resort operators in some European ski resorts as they depend solely on the winter season to survive. Even though snow coverage may not be at its prime towards the end of the season in mid-February, the February school half-term is an important income […]
Carlsberg’s 11% nolo increase fueled by millennials moderate alcohol intake and health consciousness
Following today’s release of Carlsberg’s 2020 financial statement, Ryan Whittaker, Consumer Analyst at GlobalData, a leading data and analytics company, offers his view: “All of the top beer brands saw their volume and value on-trade sales drop due to the impact of the COVID-19 pandemic. Brewers have had to adapt to unprecedented market conditions and […]
Strong recovery expected for Spanish construction industry in 2021 with 7.4% expansion
Following the release of data from the Spanish National Statistics Institute (INE) showing a sharp fall in construction output in 2020; Moustafa Ali, Economist at GlobalData, a leading data and analytics company, offers his view on the outlook for the Spanish construction industry: “Spanish construction output fell sharply in 2020, recording a contraction of 18.2% […]
Zimmer Biomet Q4 financials signal recovery of dental market amidst news of spin-off
Following the recent release of Q4 financial information and news of a spin-off of the Spine and Dental business segments from Zimmer Biomet; Dominic Tong, Medical Device Analyst at GlobalData, a leading data and analytics company, offers his view: “Zimmer Biomet’s recently disclosed its Q4 and full year 2020 financial information, showing that elective procedures like dental […]
World Cancer Day 2021: Too early to assess full impact of COVID-19 on oncology development and treatment, says GlobalData
With the COVID-19 pandemic contributing to delays in clinical trial enrollment and routine cancer screening and treatment, many barriers have arisen preventing patients from seeking and receiving timely care for cancer. The full impact of COVID-19 on the oncology development and treatment landscape one year later is currently unknown, and it will be some time […]
Bicuspid aortic stenosis treatment will create huge market potential for TAVR devices
With National Wear Red Day approaching on February 5, 2021, leading data and analytics company GlobalData highlights that incidence of valvular heart disease remains high, especially among the elderly population, and is rising at a compound annual growth rate (CAGR) of 1% in most countries. Aortic stenosis is one of the most common valvular heart […]
Top three consumer trends shaping Valentine’s Day this year
Valentine’s Day will be fundamentally different this year, restricted by lockdowns and social distancing practices that still plague much of the western world. That said, it is far from cancelled, with several FMCG players flipping the script to release fun and unique products, driven by key themes that emerged in the midst of the pandemic. […]
TSB likely to fall behind competition in race to digitization
Once described as being a ‘real challenger’, it seems that TSB has now become a real challenge itself after reporting a significant £204m loss in the latest results announcements for 2020. The company citing the impact of COVID-19 as the biggest contributing factor makes sense, but the bank has struggled since coming off the Lloyds […]
New strategies implemented in hepatocellular carcinoma market will provide more treatment options to physicians
The implementation of new strategies will turn the hepatocellular carcinoma (HCC) market into a land of opportunity for manufacturers, leading to a wave of new entrants. Additionally, regulatory incentives such as orphan drug designations and fast track approvals have led to a dynamic market, says GlobalData, a leading data and analytics company. Mandana Emamzadeh, PhD, […]
Sonder’s European expansion plans highlight success amid the pandemic
Sonder’s European expansion plans have not been halted due to COVID-19 as the company is now exploring the Spanish market, with a keen eye on Madrid and Barcelona. Sonder is in a position to expand in 2021 due to a successful 2020 – in relation to the vast majority of other major lodging companies. Its awareness to react to the new traveler need of extended stays allowed the company to navigate successfully through the first […]
AR/VR mentions doubled in tech company filings in 2020 driven by work-from-home policies
Lockdowns and work-from-home policies have driven multifold growth in discussions around augmented reality (AR) and virtual reality (VR) in 2020 among tech companies. GlobalData’s Filing Analytics platform identified that the number of tech companies with mentions of AR/VR in all filings nearly doubled in the technology sector in 2020 compared to 2019. AR and VR […]
Little prospect of post-COVID-19 rebound for BP’s oil and gas investments
Following the release of BP’s Q4 2020 financial results, Daniel Rogers, Senior Oil and Gas Analyst at GlobalData, a leading data and analytics company, offers his view: “In 2020 BP invested approximately US$14bn on activities across its portfolio, with oil and gas capital spend down 20% from 2019 levels. With COVID-19 continuing to limit capital […]
General Atomics continues to push its space business offerings with acquisition of Tiger Innovations
Following the news that General Atomics has completed its acquisition of Tiger Innovations, Sai Kiran, Defense Analyst at GlobalData, a leading data and analytics company, offers his view: “General Atomics’ recent developments have been focused on diversifying its space explorations and small satellites business. The acquisition of Tiger Innovations will further help General Atomics to […]
French football looks to be first significant COVID-19 casualty in world sport
Following the news that BeIN Sports and Canal+ have refused to take part in the new tender process for the rights to Ligue 1; Conrad Wiacek, Head of Sport Analysis at GlobalData, a leading data and analytics company, offers his view on the state of the French media rights market: “BeIN Sports and Canal+ declining […]
Global gold production to bounce back with 5.5% growth in 2021 after COVID-19 hit output in 2020
After declining in 2019, global gold production was adversely affected by the COVID-19 pandemic in 2020, while suspension of expansion works and contractions from mines nearing closure also added to the decline. Overall, output was estimated to have declined by 5.2% to 108 million ounces (moz), according to GlobalData, a leading data and analytics company. […]
Concert Pharmaceuticals’ CTP-692 efficacy failure is disappointing given its mild adverse effects
Following the news that Concert Pharmaceuticals is stopping development of its adjunctive treatment for schizophrenia, CTP-692 (D-serine), after it failed to meet its primary endpoint and other secondary endpoints in a Phase II trial; Philippa Salter, Neurology Analyst at GlobalData, a leading data and analytics company, offers her view: “A key unmet need in the […]
COVID-19 clinical trials have increased by 639% with the US leading the way
There has been a 639% increase in the number of COVID-19 clinical trials worldwide, from 549 COVID-19 clinical trials in early April 2020 to over 4,000 in January 2021. Of this incredible figure, 762 trials are taking place in the US – a figure greatly outnumbering activity in other countries, according to GlobalData, a leading […]