Jonthan Brown

Retail

Shops will not spring back to life on 15 June

John Lewis & Partners has announced it will phase the reopening of its department stores, only opening two stores on 15 June. Sofie Willmott, Lead Retail Analyst at GlobalData, a leading data and analytics company, offers her view on this news; “John Lewis & Partners’ plan announced today to open just two of its 50-strong […]

Retail

Gucci’s retreat from catwalk shows will put the brakes on fast fashion

Gucci is stepping away from the traditional luxury fashion catwalk calendar and cutting its shows from five to two per year. Sofie Willmott, Lead Retail Analyst at GlobalData, a leading data and analytics company, offers her view on this news; “The COVID-19 pandemic has given luxury brands a chance to step back and consider the […]

Power

Clean energy-focused companies posted stronger financial results amid COVID-19 pandemic

Iberdrola and Ørsted posted strong financial results for Q1 2020 despite the COVID-19 pandemic and have maintained that their 2020 outlook remains unchanged. Renewables offer sustainable growth and is better positioned to tackle the economic impacts of the COVID-19 pandemic, says GlobalData, a leading data and analytics company. Somik Das, Power Analyst at GlobalData, comments: […]

Technology

Carriers increasingly eschew the home visit, a trend that will remain post-COVID-19

There was already a growing trend toward carriers encouraging self-installation of modems and new cable set-top boxes Pre-COVID-19, but this is now becoming a requirement, says GlobalData, a leading data and analytics company. Tammy Parker, Senior Analyst at GlobalData, comments: “Service providers should aim to make all in-home installations and repairs self-service as much as […]

Technology

Quibi is running out of time to sway initial users

Following the news that Quibi has started providing Apple AirPlay support for casting to TVs; Tammy Parker, Senior Analyst at GlobalData, a leading data and analytics company, offers her view on Quibi’s evolving strategy: “Because the 90-day free trials that Quibi offered when it launched in April will start expiring in July, the company urgently […]

Foodservice

Foodservice must find new way to tap ‘experience economy’

Whether you enjoyed the drive-thru at McDonald’s or sitting down at a neighborhood bistro, the experience plays a big part in the foodservice industry. However, in the current climate, where health and wellbeing are high on people’s minds, consumers have new priorities. If foodservice wants to survive, it will also have to change, says GlobalData, […]

Aerospace, Defense & Security

Boeing lays off staff at Puget Sound to face decreasing demand for jetliners

Following the news that Boeing was set to start delivering layoff notices at Puget Sound production sites by the end of the week; Nicolas Jouan, Aerospace and Defense Analyst at GlobalData, a leading data and analytics company, offers his view on the situation; “Boeing’s decision to lay off part of its workforce is necessary so […]

Consumer

KFCs chicken sandwich simply highlights industry’s shift to what consumers feel is familiar

Following today’s news (Tuesday 26 May) that KFC has released a chicken sandwich that is similar to Popeye’s household product; Carmen Bryan, Consumer Analyst at GlobalData, a leading data and analytics company, offers her view on how this is reflective of the new QSR industry: “As of May 22, GlobalData expects the global quick-service restaurant (QSR) […]

Aerospace, Defense & Security

Mitsubishi freezes regional jet program as COVID-19 trims demand

Following the news that Mitsubishi Heavy Industries was freezing its SpaceJet regional aircraft programs; Nicolas Jouan, Aerospace and Defense Analyst at GlobalData, a leading data and analytics company, offers his view on the situation: “Mitsubishi Heavy Industries is set to shut all locations outside Japan of its Aircraft division working on the SpaceJet program. This […]

Pharma

COVID-19 pandemic could improve treatment access for opioid use disorder

As a result of the COVID-19 pandemic, the treatment access for opioid use disorder (OUD) may increase; Philippa Salter, Neurology Analyst at GlobalData, a leading data and analytics company, offers her view: “Despite the availability of multiple effective treatment options for managing OUD, key opinion leaders interviewed by GlobalData highlighted that there are many barriers […]

Power

Utilities maintain liquidity to deal with uncertain market conditions caused by the COVID-19 pandemic

To cater to reduced demand and uncertain market conditions caused by COVID-19, utilities need to ensure that they have enough liquidity to safeguard their performance and smooth operations, says GlobalData, a leading data and analytics company. Utilities face liquidity issues as their receivables are delayed or defered and revenues have declined due to reduced demand. […]

Consumer

Product use v-logs gain popularity in South Africa as lockdown continues, says GlobalData

South Africans’ online activity has transformed over the course of the COVID-19 lockdown, increasing time spent watching videos and v-logs that focus on a product’s use and performance. GlobalData’s COVID-19 tracker consumer survey shows that the number of South Africans spending time watching this content has increased by 12 percentile points, from 43% in week 1 […]

Automotive

UK car market gets lift but faces considerable challenges ahead

Following the news that car dealerships in England can re-open from next week (1 June); David Leggett, Automotive Analyst at GlobalData, a leading data and analytics company, offers his view: “It is certainly good news for the automotive retail sector in the UK that showrooms in England can re-open from next week. However, new car […]

Banking

Netherlands set to record slight transaction value growth as consumers move away from cash

The Netherlands declining cash usage is set to accelerate as COVID-19 will have a profound effect on consumer spending, according to GlobalData, a leading data and analytics company. GlobalData has revised its forecasts for the Netherlands total transaction value. While the country is still expected to see growth of 0.9% compound annual growth rate (CAGR) […]

Aerospace, Defense & Security

COVID-19 transforms Strata Manufacturing to an N95 producer

Following the news that Abu Dhabi based Strata Manufacturing has started to produce N95 masks; Mathew George, Aerospace & Defense Analyst at GlobalData, a leading data and analytics company, offers his view: “Strata’s collaboration with Honeywell to produce N95 masks is a first in the Persian Gulf and is expected to have an annual capacity […]

Pharma

Roche’s Tecentriq gains first-line approval in NSCLC but Keytruda reigns supreme

Roche recently announced the Food and Drug Administration (FDA) approval of Tecentriq (atezolizumab) as a first-line monotherapy for the treatment of metastatic non-small cell lung cancer (NSCLC), marking its fourth approval in the indication and fifth in lung cancer overall. Despite this win for Roche’s Tecentriq, there are serious questions whether it will be able to […]

Retail

Failure to adapt has left Clarks in a weak position to withstand the COVID-19 crisis

Following the news that Clarks is cutting almost 1,000 head office roles: Patrick O’Brien, UK Retail Research Director at GlobalData, a leading data and analytics company, offers his view on this news “Clarks is in a typical midmarket squeeze: like M&S it is a heritage brand that has been too slow to adapt to a […]

Technology

Facebook’s Shops is another step towards becoming next WeChat

Facebook’ latest ecommerce venture, Shops, will be a lifeline for many small businesses hit by COVID-19. It also serves as a clear indication of the company’s future plans, says GlobalData, a leading data and analytics company. Luke Gowland, Thematic Analyst at GlobalData, comments: “The future of apps is integration, and Tencent’s WeChat in China is […]

Retail

Burberry better positioned to face COVID-19 thanks to digital expertise

Following today’s release of Burberry FY figures for 2019/20, Sofie Willmott, Lead Retail Analyst at GlobalData, a leading data and analytics company, comments: ‘‘Burberry’s full year performance was significantly impacted by the pandemic originating in its biggest market, APAC, however it is starting to see green shoots of recovery in this region and can leverage […]

Travel & Tourism

‘New normal’ for hotel industry may revolve around advanced technology

As national infection rates start to decrease across the globe, hotel companies are starting to look to what the industry may look like when demand eventually returns to pre-pandemic levels. The hotel industry may experience some of the most permanent changes within the tourism sector, being led through advanced technology says GlobalData, a leading data […]

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Shops will not spring back to life on 15 June

Gucci’s retreat from catwalk shows will put the brakes on fast fashion

Clean energy-focused companies posted stronger financial results amid COVID-19 pandemic

Carriers increasingly eschew the home visit, a trend that will remain post-COVID-19

Quibi is running out of time to sway initial users

Foodservice must find new way to tap ‘experience economy’

Boeing lays off staff at Puget Sound to face decreasing demand for jetliners

KFCs chicken sandwich simply highlights industry’s shift to what consumers feel is familiar

Mitsubishi freezes regional jet program as COVID-19 trims demand

COVID-19 pandemic could improve treatment access for opioid use disorder

Utilities maintain liquidity to deal with uncertain market conditions caused by the COVID-19 pandemic

Product use v-logs gain popularity in South Africa as lockdown continues, says GlobalData

UK car market gets lift but faces considerable challenges ahead

Netherlands set to record slight transaction value growth as consumers move away from cash

COVID-19 transforms Strata Manufacturing to an N95 producer

Roche’s Tecentriq gains first-line approval in NSCLC but Keytruda reigns supreme

Failure to adapt has left Clarks in a weak position to withstand the COVID-19 crisis

Facebook’s Shops is another step towards becoming next WeChat

Burberry better positioned to face COVID-19 thanks to digital expertise

‘New normal’ for hotel industry may revolve around advanced technology

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