GlobalData
GlobalData

Beth

Kering displays resilience thanks to Bottega Veneta’s success and US and Asian demand

Following today’s release of Kering Q3 figures for 2019/20, Chloe Collins, Senior Retail Analyst at GlobalData, a leading data and analytics company, comments: “Despite the COVID-19 crisis continuing to hit the luxury fashion industry hard, as a result of tourism restrictions and economic uncertainty, Kering has showcased impressive resilience. Revenue between July and September only […]
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Dunelm shrugs off damage caused by initial lockdown sales slump

Following today’s release of Dunelm Q1 figures for 2020/21, Georgina Sreeves, Retail Analyst at GlobalData, a leading data and analytics company, comments: “Dunelm has made a comeback from its initial setback caused by the lockdown period, with total group sales growing a staggering 36.7% to £359.1m in Q1 2020/21 against a strong comparative the previous […]
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ASOS takes COVID-19 in its stride and emerges a clear winner in 2020,

Following today’s release of ASOS FY figures for 2019/20, Sofie Willmott, Lead Analyst at GlobalData, a leading data and analytics company, comments: “ASOS has reaped the rewards of its online pureplay business model and its ability to rapidly evolve to meet the changing needs of its customers, despite its reliance on clothing & footwear which […]
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Financial services sector paves way for rebounding economy

Businesses have been burdened with innumerable headwinds driven by the COVID-19 pandemic. The surge in cases caused demand slumps not seen in decades, as policymakers were forced to compromise between public health and business activities. As most sectors are now seeing glimpses of recovery from the crisis, geopolitical situations continue to jolt economic rebounds. The […]
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Carnival needs to set sail again and generate jobs

The global travel and tourism industry has been badly hit by COVID-19 and this is noticeable in the overall hiring pattern. Companies across the tourism industry are struggling to stay afloat and cruise liners such as Carnival is no exception as the British-American company is in dire straits to sustain operations, says GlobalData, a leading […]
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Global artificial intelligence platform market will be worth $52bn by 2024

Global artificial intelligence (AI) platform revenue will reach $52bn by 2024, up from $28bn in 2019 as spending on AI will rise as businesses seek to accelerate digital transformation and development, says GlobalData, a leading data and analytics company. GlobalData’s latest report, ‘Thematic Research: Artificial Intelligence’, states that the next few years will see AI providers […]
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Tesla in running to buy stake in LG Chem’s battery division

Following the news that LG Chem operating profit for the third quarter is heading for a record high; Mike Vousden, Automotive Analyst at GlobalData, a leading data and analytics company, offers his view: “South Korea-based LG Chem has recently overtaken China’s CATL and Japan’s Panasonic to become the world’s largest supplier of lithium-ion batteries for […]
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An older customer base, reluctant to visit stores, leaves Edinburgh Woollen Mill’s future in jeopardy

Following the news that the Edinburgh Woollen Mill Group has filed a notice to appoint administrators, Pippa Stephens, Retail Analyst at GlobalData, a leading data and analytics company, offers her view on the situation: “The Edinburgh Woollen Mill group’s reliance on older customers will have exacerbated its struggles throughout the COVID-19 pandemic, as these shoppers […]
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Tesla is top automotive industry performer

Tesla tops GlobalData’s Thematic Screen which ranks automotive companies according to themes that matter most to the industry, generating a leading indicator of future performance. “For some time now, Tesla has outperformed the sector in terms of measures such as market capitalisation,” says Calum MacRae, Automotive Analyst at GlobalData. “Our latest analysis keeps Tesla firmly […]
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