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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 […]
ASOS can help Arcadia brands regain their fashion authority
Following reports that ASOS has bought Topshop, Topman, Miss Selfridge and HIIT out of administration for £265m: Chloe Collins, Senior Apparel Analyst at GlobalData, a leading data and analytics company, offers her view on this news: “ASOS is a complementary new owner for Topshop, Topman, Miss Selfridge and HIIT and will be able to give […]
boohoo must give tired Arcadia brands attention in order for them to thrive
Following reports that boohoo is in talks to buy Dorothy Perkins, Wallis and Burton out of administration: Chloe Collins, Senior Apparel Analyst at GlobalData, a leading data and analytics company, offers her view on this news: “A £25m acquisition of Dorothy Perkins, Burton and Wallis would further diversify the boohoo’s group’s range of brands with […]
Nigerian construction industry set to return to growth in 2021, reaching US$48.2bn in 2025
The Nigerian construction industry is expected to rebound in 2021, driven by a sharp recovery in output levels compared to periods when works were not permitted or were severely restricted in 2020. GlobalData, a leading data and analytics company, expects the industry to grow by 4% in 2021 and grow at an annual average rate […]
N26’s latest results show time is running out for the bank to fix itself
Increasingly up against smaller national players solving local problems and Revolut’s better developed, more aggressive approach, N26 finds itself in a banking no-man’s land that it will find difficult to escape, says GlobalData, a leading data and analytics company. Katherine Long, Banking Analyst at GlobalData, comments: “Though N26 has recently reached seven million customers, its […]
COVID-19-related myocarditis is underdiagnosed, especially for younger adults
One the most concerning secondary conditions of COVID-19 is myocarditis and research indicates that 60% of COVID-19 survivors, independent of the severity of the illness, develop myocarditis. This makes it highly likely that there are many undiagnosed cases of COVID-19 myocarditis, especially in young adults that have had asymptomatic to moderate cases of the disease […]
Diageo’s decline to be offset by 5% growth in global spirits market worth $787bn in 2021
Following today’s news (Thursday 28th January) that Diageo has released its 2021 Interim Results, half year ended 31 December 2020: Ethan Elliott Maddison, Beverages Analyst at GlobalData, a leading data and analytics company, offers his view: “Diageo’s net sales decline for the second half of 2020 reflects the struggle faced by the industry as sales […]
Recent mRNA COVID-19 vaccine approvals anticipated to increase development and eventual approvals in oncology sector
The rapid advancement of mRNA vaccine development in recent months – in an attempt to halt the COVID-19 pandemic – is expected to continue to break barriers in the pharmaceutical industry, with the oncology market being the most likely to benefit, says GlobalData, a leading data and analytics company. Miguel Ferreira, MSc, Oncology and Hematology […]
Continued growth in vegan lifestyle to set ethical precedence for personal care and household goods
As the Veganuary challenge draws to a close, leading data and analytics company GlobalData explores the implications a second record-breaking sign-up will have on categories outside of food and drinks – primarily, the personal and household care sectors. With nearly half (43%) of global consumers heavily influenced by a product’s ethical or sustainable credentials*, and […]
2020 a bleak year for UK automotive, but outlook is brighter
Following the news from the SMMT that UK car manufacturing output fell 29.3% in 2020 to 920,928 units, the lowest total since 1984; David Leggett, Automotive Editor at GlobalData, a leading data and analytics company, offers his view: “The considerable decline for the year in the UK is mainly explained by the loss of export […]
TMT IPO market set for strong 2021 after shrugging off impact of COVID-19
The tech, media, and telecom (TMT) IPO market is set for a strong 2021 after being largely unaffected by the COVID-19 pandemic in 2020, says GlobalData, a leading data and analytics company. The company’s latest report, ‘Tech, Media and Telecom IPO Themes – Thematic Research’, reviews the IPOs of 771 TMT companies held between 2018 […]
Lockheed’s F-35s to keep US exports to UAE strong
Following the news that the United Arab Emirates (UAE) has signed a deal to procure defense equipment including 50 F-35s, 18 MQ-9s, and missiles from the US worth up to $23bn; Sai Kiran, Defense Analyst at GlobalData, a leading data and analytics company, offers his view: “If this deal goes ahead, it could signal a […]
UK booking times for tourism companies to be further impacted by COVID-19 pandemic
In 2020, booking lead times for tourism companies for both domestic and international travel were dramatically reduced due to mass uncertainty caused by COVID-19. As the impact of the pandemic continues into 2021, last-minute bookings could become the temporary norm, creating a headache for many companies involved in UK tourism, says GlobalData, a leading data […]
Bumpy ride ahead for light vehicle markets in 2021
GlobalData forecasts the global light vehicle market at 85.4 million units in 2021, 13.7% ahead of 2020’s pandemic-hit total. However, the year will be a tumultuous one for auto sales, with major market swings and considerable uncertainties ahead, says Globaldata, a leading data and analytics company. Calum MacRae, Automotive Analyst at GlobalData, comments: “We expect […]
Beyond-Pepsi venture highlights need for strategic plant-based investments as 30% of US consumers drive demand
Following the news that plant-based manufacturer Beyond Meat has formed a partnership with leading FMCG brand PepsiCo; Ramsey Baghdadi, Consumer Analyst at GlobalData, a leading data and analytics company, offers his view: “The partnership between PepsiCo and Beyond Meat will be beneficial for both brands, especially considering the high consumer demand for plant-based alternative meats. […]
BrewDog’s ‘Lost Lager’ campaign enticing consumers through eco-consciousness
Over the course of the COVID-19 pandemic, Scottish brewery BrewDog, has stood out for its agile business strategy, using innovative marketing tactics to maintain relevance in a COVID-shaped world that has left the bar and pub sector facing a -52%*1 downturn in market value in 2020 compared to 2019 figures. The most recent of these schemes […]
Misinformation and future of work among several key trends to watch out for in pharmaceutical industry in 2021
The pharmaceutical industry will be shaped by several emerging trends in 2021. The industry will need to adapt quickly post-COVID-19 by overcoming the spread of online misinformation and preparing for a new way of working, says GlobalData, a leading data and analytics company. GlobalData’s latest report, ‘The State of the Biopharmaceutical Industry 2021’, identified several […]
Strong customer overlap makes ASOS best suitor for young Arcadia brands
Following reports that ASOS is in talks to buy Topshop, Topman and Miss Selfridge out of administration, Chloe Collins, Senior Apparel Analyst at GlobalData, a leading data and analytics company, offers her view on this news: “ASOS would by far be the most complementary new owner for Topshop, Topman and Miss Selfridge. The brands are […]
The boohoo group’s purchase of Debenhams proves the speed of change in retail
Following the news that the boohoo group has bought Debenhams out of administration, Emily Salter, Retail Analyst at GlobalData, a leading data and analytics company, offers her view on this news: “In a surprising turn of events that proves the speed of the significant changes that the retail sector is undergoing, the boohoo group has […]
Decline in global M&A activity started moderating towards the end of Q4 2020
The global mergers and acquisition (M&A) deal volume continued to decline during the fourth quarter (Q4) of 2020. However, there is a light at the end of the tunnel as the decline started moderating in December, according to GlobalData, a leading data and analytics company. The number of M&A deals that were announced globally decreased […]