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Following the news that international sandwich shop chain Pret has bought rivals EAT and plans to turn stores into “Veggie Prets”, Jenny Questier, Senior Consumer Analyst at GlobalData offers her view: “Currently, only four of Prets 400 stores are vegan as they have been developing the concept in London and Manchester since their first vegetarian […]
Lack of store investment cash means CVA proposal will not be enough to save Arcadia’s brands, says GlobalData
Following yesterday’s news (Wednesday 22 May) that Arcadia is to close 23 stores as part of its CVA proposal, Chloe Collins, Senior Retail Analyst at GlobalData, a leading data and analytics company, offers her view on the chains current challenges: ‘‘The proposed closure of only 23 UK stores (4% of its current UK estate) and […]
Despite Fonterra selling off its Tip Top ice cream to Fronerri, it will continue to be part of the Tip Top story, says GlobalData
New Zealand-based dairy co-operative Fonterra has embarked on an ambitious plan to trim its product portfolio and focus on the international markets. Against this backdrop, the company is selling off its New Zealand ice cream business, Tip Top, to Froneri for US $250.2m, Shagun Sachdeva, Consumer Insights Analyst at GlobalData, a leading data and analytics […]
Merck’s Keytruda monotherapy fails to outmanoeuvre Roche in treatment of triple-negative breast cancer, says GlobalData
Following the news that single agent Keytruda has failed to meet its primary endpoint for a benefit in overall survival (OS) for the treatment of triple-negative breast cancer (TNBC), Adam Pearson, PhD, Healthcare Analyst at GlobalData, a leading data and analytics company, offers his view on the future for Keytruda in the treatment of TNBC: […]
Neurotransmission and ion channel targeting programs dominate the pain pipeline, says GlobalData
The pain pipeline is large and contains a high level of diversity of molecular targets, although the level of first-in-class innovation is low when compared to other therapy areas and the industry as a whole. Presently, 23% of products in the pain pipeline are first-in-class, indicating a relatively low level of innovation, according to GlobalData, a […]
easyJet blames fuel costs and Brexit for loss of £272m but better times are on the horizon, says GlobalData
easyJet today (17 May 2019) posted a loss before tax of £272m in its half year results, compared to a loss of £68m the same time last year. Brexit and increased fuel costs have been to blame for many airlines but pushing ahead despite these threats is the only viable option. Laura Beaton, Travel & […]
Multichannel essential as almost a quarter of living room furniture spend to go through online by 2024, says GlobalData
The winners within living room furniture over the next five years will be those where customers are able to switch seamlessly between online and stores when looking to buy, according to GlobalData, a leading data and analytics company. GlobalData’s latest report ‘UK Living Room Furniture Market 2019’, shows that the living room furniture market will grow […]
Google among eight companies identified as the semiconductor technology leaders of tomorrow in the data centre space, says GlobalData
Google, Amazon, Xilinx and Micron are among the world’s leading semiconductor companies best placed to succeed in the data centre space in the next two to five years, according to GlobalData, a leading data and analytics company. According to GlobalData, data centres is one of the top ten themes that will impact the semiconductor sector, […]
Facial recognition needs to improve before widespread use, as technology is considered a lightning rod for contempt, says GlobalData
Following the news that San Francisco plans to ban the use of facial recognition technology by municipal agencies. Rena Bhattacharyya, Research Director at GlobalData, a leading data and analytics company, offers her view on San Francisco’s vote in favor of the Stop Secret Surveillance Ordinance: “The move is particularly noteworthy because it originates in a […]
Despite Investec’s Click & Invest closure, robo-advice is here to stay, says GlobalData
Following today’s news (16th May 2019) that Investec have closed their robo-advisor Click & Invest, Sergel Woldemichael, Wealth Management Analyst at GlobalData, a leading data and analytics company, offers his view on the closure: ‘‘This latest robo-advisor termination does not mean robo-advice is coming to an end, automated service will become more prevalent in society, […]
Gut hormone receptors to retain commercial prominence in obesity pipeline, says GlobalData
The obesity pipeline is robust and contains a high level of diversity in both molecule types and molecular targets, despite the market’s clinical and regulatory challenges. Presently, 41% of products in the obesity pipeline are first-in-class; an indicator of a highly innovative pipeline, according to GlobalData, a leading data and analytics company. The company’s latest report, […]
Alaska’s budget problems could force oil tax changes, says GlobalData
The reduction in tax credits, the large long-term state budget liabilities, and the inability to repay the investment credits, may force the state of Alaska to modify its petroleum fiscal framework just a few years after its latest overhaul, says GlobalData, a leading data and analytics company. The company’s latest report, ‘US Alaska Upstream Fiscal […]
Retailers must act fast to satisfy underwhelmed sustainability-seeking shoppers, says GlobalData
The overwhelming majority of UK consumers believe that retailers should be acting sustainably but almost 80% think that retailers are not doing enough to address issues around sustainability and climate change*, according to GlobalData, a leading data and analytics company. GlobalData’s latest report: ‘UK Sustainability 2019’, reveals that those who are most likely to purchase more frequently […]
The energy storage market is paving the way for next energy revolution, reveals GlobalData
The energy storage market has caught the eye of a number of stakeholders involved in the power industry, leading to its considerable growth and opening the way for next energy revolution, says GlobalData, a leading data and analytics company. GlobalData’s latest thematic report, ‘Thematic Research: Energy Storage’, highlights the present scenario and emerging market trends […]
Dos Bocas refinery will be a challenging investment even with reduced capacity, says GlobalData
Following recent news that Pemex and Mexico’s Energy Ministry will be the project managers of the plan to build a new refinery after engineering firms bids were considered out of budget; Adrian Lara, Senior Upstream Analyst at GlobalData, a leading data and analytics company, offers his view on a possible reduced capacity adjustment for Dos […]
Ireland is experiencing a slowdown in growth for international arrivals from 2018 to 2022, says GlobalData
Growth rates for Ireland and international arrivals have decreased significantly with the Compound Annual Growth Rates (CAGR) nearly half the rate for the previous years from 8.1% in 2014 to 2018, to 3.8% for 2018 to 2023, according to GlobalData, a leading data and analytics company. The company’s latest report ‘Tourism Destination Market Insights: UK […]
Non-hydro renewable to show strong growth of 22.4% in Vietnam, during 2019–2030, says GlobalData
Non-hydro renewable is expected to show the highest growth rate in Vietnam, registering a compound annual growth rate (CAGR) of 22.4%, due to government policies and the untapped renewable potential, according to GlobalData, a leading data and analytics company. GlobalData’s latest report, ‘Vietnam Power Market Outlook to 2030, Update 2019 – Market Trends, Regulations, and Competitive […]
Burden of its store estate and dominance of the online pureplays make Select the latest fashion casualty, says GlobalData
Following the recent news that Select has fallen into administration, Honor Strachan, Principal Retail Analyst at GlobalData, a leading data and analytics company, offers her view: ‘‘Select is another example where a CVA is not always the saviour for a troubled retailer, with deep-rooted commercial and operational issues beyond the help of a store cost-cutting […]
CSP with energy storage to ensure stable and reliable power supply, says GlobalData
CSP with thermal storage will bridge dispatchable energy gap according to GlobalData, a leading data and analytics company. The company’s latest report ‘Energy Storage – A Key Determinant for the Future of Concentrated Solar Power Market’ reveals that retirements of coal based plants and increase in influx of intermittent renewable power sources in order to […]
John Lewis & Partners beats the department store blues as it takes home four awards in the GlobalData customer satisfaction awards 2019
John Lewis & Partners wins four GlobalData Customer Satisfaction awards, including the most prestigious Best Retailer category, having been runner-up for the past four years Investing in its own-brand and exclusives has paid-off for the department store as it takes home four awards including Best Electricals Retailer and Best Homewares Retailer. The athleisure trend […]