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Following yesterday’s news (Monday 25 March) that the Boohoo group has acquired Misspap, Sofie Willmott, Senior Retail Analyst at GlobalData, a leading data and analytics company, offers her view on the chains current challenges: “The Boohoo group’s acquisition of Misspap will give the retailer another vehicle to drive rapid growth, as it has done with PrettyLittleThing, […]
Apple TV’s fortunes will depend on content and user experience, neither of which look rosy
Following Apple’s announcement yesterday (Monday 25 March) of its Apple TV+ streaming service, Cyrus Mewawalla, Head of Thematic Research at GlobalData, has warned the company’s journey towards internet TV services faces a bumpy ride: “Apple’s move marks a major shift in the company’s focus from hardware to services. But video streaming is a market where […]
Xeljanz cardiovascular safety signal unlikely to slow the upward trajectory of the JAK inhibitor class
On 20 March 2019, the European Medicines Agency (EMA) announced that it has put Pfizer’s blockbuster JAK inhibitor drug, Xeljanz (tofacitinib), under review following signs from a post-marketing study showing an increased risk of pulmonary embolism and overall mortality in rheumatoid arthritis (RA) patients who received a 10mg dose of Xeljanz twice daily, compared to […]
Trinidad’s revenue-raising measures risk backfiring in long-term
Trinidad and Tobago is looking to attract exploration investment with a new offshore bid round. However, the introduction of a royalty imposed on investors may be counter-productive for the government in the longer term, according to GlobalData, a leading data and analytics company. Toya Latham, Oil and Gas Analyst for GlobalData commented: “The imposition of a 12.5% royalty, […]
Administration looms as Debenhams reveals restructuring plans
Following the announcement of Debenhams new restructuring plans, Patrick O’Brien, UK Retail Research Director at GlobalData, a leading data and analytics company, offers his view: “Mike Ashley’s attempt to create a ‘House of Debenhams’ looks doomed to be an expensive failure after Debenhams revealed its restructuring plans. It looks likely that creditors will approve plans […]
HeartMate 3 has potential to significantly impact treatment options for patients with end stage heart failure
Results posted from the MOMENTUM-3 clinical trial at the 68th American College of Cardiology Scientific Session on 17 March 2019, revealed that the HeartMate 3 LVAD demonstrated superiority over the HeartMate 2 LVAD in long-term treatment of end stage heart failure. David Brown, Medical Devices Analyst at GlobalData, offers his view: “The results of the […]
Global steam generators for nuclear power market to grow modestly to reach $1.02bn in 2026
The global market for nuclear power steam generators is projected to grow marginally to reach $1.02bn in 2026, growing at a compound annual growth rate (CAGR) of 0.5% between 2019 and 2026, according to GlobalData, a leading data and analytics company. The market for steam generators will be dominated by new installations; however replacements will witness […]
Aldi is willing to fight for space in the lucrative convenience market
Following the launch of discounter Aldi’s Local format last week in South London, Thomas Brereton, Retail Analyst for GlobalData, a leading data and analytics company, offers his view: “Although the ability for the discounters to gain new loyal UK shoppers is beginning to slow as they struggle to find new locations that do not cannibalise […]
Sleep boosting DNA repair in damaged neurons could significantly impact the treatment of mental illnesses
A recent study conducted at Bar-Ilan University in Israel found that DNA repair in damaged neurons is most efficient during sleep, and treating sleep disorders is a vastly growing area of innovation in the pharmaceutical industry. Magdalene Crabbe, Neurology and Ophthalmology Analyst at GlobalData, a leading data and analytics company, discusses the revelation: “Considering the […]
Market pressures means Sainsbury’s has little choice but to battle on against the CMA
Following the news that Sainsbury’s-ASDA are planning to invest £1bn in price cuts and establish a profit cap on fuel to encourage approval of the merger by the CMA, Thomas Brereton, Retail Analyst for GlobalData, a leading data and analytics company, offers his view: “With Sainsbury’s hopes of creating a new grocery market leader by […]
Stationery specialist Office Outlet left behind as the market steams ahead
Commenting on the news that Office Outlet has collapsed into administration, Zoe Mills, UK Retail Analyst at GlobalData, offers her view: “The stationery market is booming, forecast to grow 3.6% in 2019 and far outpacing UK non-food growth. However, following Paperchase’s CVA announcement earlier this month, yet another stationery retailer is in trouble. “Growth in […]
$43bn FIS and Worldpay merger creates new processing giant
Following the news of the merger agreement between Fidelity Information Services (FIS) and Worldpay, Bhavika Shah, Payments Analyst at GlobalData, a leading data and analytics company offers her view: “With the acquisition of Worldpay, FIS stands to drastically improve its position in the US market by combining the two companies’ complementary services. “In 2018, Worldpay processed […]
M&S faces uphill battle to win over weekly food shoppers
Following the news that M&S are planning to expand the number of stores offering the full range of M&S food products, Thomas Brereton, Retail Analyst for GlobalData, a leading data and analytics company, offers his view: “It is understandable that M&S Food’s Managing Director Stuart Machin is looking to expand the food side of the business; over the […]
Not just Arcadia: Fashion is fleeing the high street
Following today’s news (Friday 15 March) that Arcadia is reportedly poised to launch a CVA, Sofie Willmott, Senior Retail Analyst at GlobalData, a leading data and analytics company, offers her view on the chains current challenges: “News that Arcadia is poised to launch a CVA comes as no surprise as clothing & footwear spend continues […]
Recent production revival and potential for further resource development makes Eagle Ford shale a promising prospect
During 2018 Eagle Ford re-emerged as one of the lucrative destinations for oil and gas companies, according to GlobalData, a leading data and analytics company. The company’s latest market analysis report: ‘Eagle Ford Shale in the US, 2019 – Oil and Gas Shale Market Analysis and Outlook to 2023’ reveals that the shale play has […]
Tecentriq assumes pole position with FDA approval but Keytruda looms in triple negative breast cancer
On March 8, the FDA granted the accelerated approval of Roche’s programmed cell death protein 1 (PD-1) inhibitor Tecentriq in combination with Abraxane (protein-bound paclitaxel) for the treatment of locally advanced or metastatic triple-negative breast cancer (TNBC). Adam Pearson, PhD, Oncology and Hematology Analyst at GlobalData, a leading data and analytics company, offers his view […]
Mild February fails to significantly boost UK retail spending
February proved to be another disheartening month for retailers as the total retail spend index rose only 3.4 percentage points (ppts) versus a poor performance in January, according to GlobalData, a leading data and analytics company. This subdued growth is especially disappointing in light of the UK experiencing the hottest February on record, which should have […]
Raised forecast adds to improved outlook for UK upstream production
Following the latest forecast from the UK Oil and Gas Authority (OGA) for the UK’s offshore sector, Jonathan Markham, Senior Upstream Oil & Gas Analyst at GlobalData, a leading data and analytics company, offers his insight on the future of the UK’s upstream sector: “After five years of production growth, the base outlook from the […]
Over a quarter of UK shoppers planning to stockpile products in anticipation of Brexit
Over a quarter of shoppers have either begun stockpiling or plan to stockpile ahead of Brexit, according to GlobalData’s latest monthly retail tracker, showing that consumers are taking the possibility of a no-deal Brexit increasingly seriously. Thomas Brereton, Retail Analyst for GlobalData, comments: “Two-thirds of all shoppers believe that the price of their usual food […]
Complete reliance on gas for base-load capacity may result in energy security concern for the Netherlands by 2030
The Dutch government’s decision to completely phase out both coal power generation and Groningen gas field by 2030 is expected to result in a massive renewable capacity addition in the Dutch energy mix but also lead to energy security concerns as bulk domestic gas production will stop by 2030, according to GlobalData, a leading data […]