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2024/25 PDC World Darts Championship generates estimated $4.57 million in sponsorship revenue, reveals GlobalData

With seven brands sponsoring the 2024/25 Professional Darts Corporation (PDC) World Darts Championship, the competition’s largest sponsorship deal in terms of annual value was with Paddy Power. The title sponsorship agreement is worth an estimated $1.5 million a year for a period of three years. Overall, the championship is estimated to have generated $4.57 million […]
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WH Smith has outgrown its High Street roots, says GlobalData

Following the news that WH Smith is considering the sale of its high street fascia; Tash Van Boxel, Retail Analyst at GlobalData, a leading data and analytics company, offers her view: “This arm of the business has consistently pulled down group revenue over the last three years, with its high street chain accounting for nearly […]
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KDX-II modernization to enhance South Korea’s combat readiness amid rising maritime tensions, says GlobalData

South Korea’s Defense Acquisition Program Administration (DAPA) has launched a significant performance improvement program (PIP) for its Chungmugong Yi Sun-sin-class destroyers (KDX-II), aiming to modernize critical systems and enhance combat readiness. The KDX-II upgrade underscores South Korea’s focus on leveraging indigenous technologies to maintain a modern and effective naval fleet amid rising regional maritime tensions, […]
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Nike’s Q4 advertising strategy focuses on innovation, dedication, and inspiration to strengthen brand, reveals GlobalData

NIKE Inc’s (Nike) YouTube advertising campaigns spanning from October to December (Q4) of 2024 demonstrates a multifaceted approach to brand building, combining motivational storytelling, innovative product showcases, and cultural celebrations to engage a wide range of consumer segments. These campaigns, which feature themes of athletic dedication and playful nostalgic collaborations, emphasize Nike’s expertise in athletic […]
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CBDC requires interoperability, privacy protection, robust infrastructure, and clear benefits of use to become currency in future, says GlobalData

Retail central bank digital currency (CBDC) development projects continue to face significant hurdles before achieving large-scale implementation. Key challenges include ensuring system interoperability with existing payment methods and currencies worldwide, addressing privacy concerns in advanced economies, and overcoming infrastructure limitations in emerging economies, according to GlobalData, a leading data and analytics company. GlobalData’s latest report, […]
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Hydrogen economy development enters critical phase, says GlobalData

The hydrogen economy has recently experienced some hiccups in its growth story. Apparently, demand for this commodity is not rising at the pace it was envisaged back in 2020 when companies had aggressively announced their energy transition plans. As more industries, such as steel, transportation, and power, try to decarbonize their operations, the demand for […]
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US pulsed field ablation market revenue surpasses $500 million in 2024, reveals GlobalData

Pulsed field ablation (PFA) is a treatment for atrial fibrillation, an irregular heartbeat disorder, with a lower chance of damaging surrounding structures than previous methods. PFA uses electrical pulses that allow for a more targeted approach in order to only destroy abnormal tissue. PFA revenue exploded in Q1 2024 after FDA approvals for Boston Scientific’s FARAPULSE […]
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Navigating Trump’s tariffs and social media key strategic priorities for retailers in 2025, says GlobalData

2025 will present significant challenges for retailers globally, as geopolitical issues and the disruptive force of AI continue, with the added challenge of navigating the impacts of the Trump administration, says GlobalData, a leading data and analytics company. GlobalData’s latest report, “Strategic Intelligence: Top Themes in Retail and Apparel 2025,” reveals that international trade and […]
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Paul, Weiss, Rifkind, Wharton & Garrison and Kirkland & Ellis top M&A legal advisers in construction sector in 2024, reveals GlobalData

Paul, Weiss, Rifkind, Wharton & Garrison and Kirkland & Ellis were the top mergers and acquisitions (M&A) legal advisers in the construction sector during 2024 by value and volume, respectively according to the latest legal advisers league table by GlobalData, a leading data and analytics company. An analysis of GlobalData’s Deals Database has revealed that […]
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Customers prioritize quality furniture as confidence begins to rise, says GlobalData

After a challenging economic period marked by inflation and uncertainty, UK furniture and floorcoverings shoppers are increasingly prioritizing quality as financial pressures start to ease, according to GlobalData, a leading data and analytics company. GlobalData’s latest report, “UK Sector Series: Furniture & Floorcoverings, 2023-2028”, reveals that consumers are starting to opt for higher quality furniture […]
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