Jonthan Brown

Pharma

Pre-emptive planning and manufacturing support initiatives could help avoid potential shortages in cancer drugs amid COVID-19 pandemic

Concerns have arisen that treatments for cancer patients could be affected by shortages in cancer drug supply and distribution as valuable medical resources are being diverted for the management of the COVID-19 pandemic. The outbreak has overtaxed healthcare systems worldwide as countries are struggling to contain the spread of the infection, says GlobalData, a leading […]

Medical Devices

IVDR delay unlikely as quality of new diagnostic devices become compromised

Following an announcement by MedTech Europe, requesting the European Commission to delay the implementation of the new In Vitro Diagnostics Regulations (IVDR) by a year; Aliyah Farouk, Medical Device Analyst at GlobalData, a leading data and analytics company, offers her view: “As the delay of the Medical Device Regulations (MDR) has taken full effect, attention […]

Retail

Wilko’s weak like-for-likes show offer is not resonating

Following today’s release of Wilko FY figures for 2019/20, Matt Walton, Senior Retail Analyst at GlobalData, a leading data and analytics company, comments: ‘‘New chief executive Jerome Saint-Marc has his work cut out for him as sales fell again for the financial year ending February 2020, down 5.7% to £1.47bn, while its closest rivals continue to […]

Business Fundamentals

Retail sector witnessed 24.1% growth in deal activity during the week ended April 26

The number of deals announced in the global retail sector grew by 24.1% during the week ended April 26, 2020 compared to the previous week, according to GlobalData’s deals database. Aurojyoti Bose, Lead Analyst at GlobalData, comments: “This is the second consecutive week of growth in deal activity amid uncertainty and volatile market conditions due to […]

Business Fundamentals

Travel and tourism sector witnessed 71.4% growth in deal activity during week ended 26 April

The number of deals announced in the global travel and tourism sector grew by 71.4% during the week ended April 26, 2020 compared to the previous week, according to GlobalData’s deals database. Aurojyoti Bose, Lead Analyst at GlobalData, comments: “The travel and tourism sector is among the worst hit due to the COVID-19 outbreak and […]

Aerospace, Defense & Security

Pentagon supports its supply chain as federal help set to reduce

Following the press conference of Undersecretary of Defense for Acquisition and Sustainment Ellen Lord updating on ongoing COVID-19 measures; Nicolas Jouan, Aerospace and Defense Analyst at GlobalData, a leading data and analytics company, offers his view on the situation; “With a US$738bn budget allocated to national defense in 2020, the Pentagon is sometimes considered as […]

Pharma

Over 27 million severely obese patients across the 9MM could face serious COVID-19

People with severe obesity, defined as having a body mass index (BMI) of 40 or higher, are now considered to be at risk for developing serious COVID-19 outcomes, according to the Centers for Disease Control and Prevention, and countries with a high percentage of obese patients may experience a higher strain on their healthcare system. […]

Technology

US wireless networks offer plans to lure key workers from rivals during COVID-19 pandemic

Wireless operators in the US are attempting to poach rivals’ customers via highly targeted offers that resonate particularly well amid the current COVID-19 pandemic, says GlobalData, a leading data and analytics company. Tammy Parker, Senior Analyst at GlobalData, comments: “With typical shopping behaviors – and likewise typical network switching behaviors – being disrupted due to […]

Medical Devices

Abiomed adds ECMO to its product portfolio, potentially treating COVID-19 patients

Following the announcement that Abiomed has acquired Breethe, maker of an ECMO system; Azadeh Laffafian PhD, Medical Device Analyst at GlobalData, a leading data and analytics company, offers her view: “As the number of COVID-19 cases surge, so does the demand for extracorporeal membrane oxygenation (ECMO) therapy. Through the acquisition of Breethe and its ECMO […]

Pharma

IBD industry could be at risk during COVID-19

As the COVID-19 global pandemic grows with the UK, active inflammatory bowel disease (IBD) patients could be at a higher risk, as patients using prominent therapies such as Remicade and Humira could cause an increased risk of bacterial and viral infections, says GlobalData, a leading data and analytics company. In order to protect active IBD patients, […]

Retail

Under 35s are less concerned about COVID-19 and expect their lives to return to normal sooner

Younger consumers in the UK feel more optimistic than those over 35 and are likely to be more willing to embrace the lockdown loosening when it happens. Retailers will be eager to bring shoppers back into their stores after weeks of being closed and those targeting younger consumers are likely to see footfall return more […]

Technology

COVID-19 will have a neutral impact on Spotify’s performance over the next 12 months

Following the news that Spotify has gained six million subscribers in the first quarter of 2020; Wafaa Hassan, Thematic Analyst at GlobalData, a leading data and analytics company, offers her view: “Spotify increased monthly active users by 31% in the first three months of 2020, but it faces challenges ahead due to the COVID-19 crisis. […]

Insurance

Insurers reimbursing motor premiums is a positive step but risky customers may not be getting value

Following the news that AXA Ireland is to refund all motor customers a flat fee of EUR33 (£29), due to reduced usage during lockdown. Ben Carey-Evans, Insurance Analyst at GlobalData, comments: “AXA Ireland has followed Admiral in offering motor insurance customers money back on their premiums, in the form of a flat fee for all. […]

Oil & Gas

COVID-19 hampers oil and gas services industry business outlook

The COVID-19 pandemic impact has devastated crude oil demand as the majority of the end user industries are witnessing a slowdown amid lockdowns. This market environment coupled with crude oversupply concerns is creating an imbalance resulting in a crude price crash. Companies across the oil and gas value chain are re-evaluating their capital expenditure (capex) guidance […]

Retail

Like Laura Ashley, Oasis and Warehouse’s stores are unwanted

Clothing brands Oasis and Warehouse have been bought by Hilco but the deal excludes their stores. Sofie Willmott, Lead Analyst at GlobalData, a leading data and analytics company, offers her view on this news; “Like the Gordon Brothers’ rescue deal for Laura Ashley, investment firm Hilco’s purchase of the Oasis and Warehouse brands excludes their […]

Retail

Sainsbury’s defers dividends as it braces for COVID-19 profit impact of over £500m

Following today’s release of Sainsbury’s FY figures for 2019/20, Thomas Brereton, Retail Analyst at GlobalData, a leading data and analytics company, comments: ‘‘After a fairly successful Q3 (Christmas) trading period, Sainsbury’s was likely feeling optimistic about 2020. But the arrival of COVID-19 has – as with all of its multi-sector rivals – upended plans as it […]

Automotive

Tesla to suffer as China cuts electric vehicle subsidies

Following the news that China’s electric vehicle (EV) subsidies will now be limited to more affordable, locally built models; Mike Vousden, Automotive Analyst at GlobalData, a leading data and analytics company, offers his views: “China is both the largest vehicle market and the largest market for EVs thanks to subsidies from the government encouraging consumers […]

Consumer

Less essential manufacturers will be impacted by Sainsbury’s decision to maintain restrictions

Following today’s news (April 30 2020) that Sainsbury’s will maintain queues and restrictions in its stores until September; Hakan Demirci, Consumer Analyst at GlobalData, a leading data and analytics company, offers his view on what this means for impulse buy brands: “Limiting the number of consumers allowed in a store effectively means consumers on average […]

Retail

The online channel is failing to offset revenue lost from retail store closures following Adidas’ Q1 results

Following the news that Adidas reported a 19% decline in net sales in the first quarter of 2020; Luke Gowland, Thematic Analyst at GlobalData, a leading data and analytics company, offers his view on the company’s current challenges: “Adidas has suffered at the hands of COVID-19. The brand has reported a decline in net profits […]

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Pre-emptive planning and manufacturing support initiatives could help avoid potential shortages in cancer drugs amid COVID-19 pandemic

IVDR delay unlikely as quality of new diagnostic devices become compromised

Wilko’s weak like-for-likes show offer is not resonating

Retail sector witnessed 24.1% growth in deal activity during the week ended April 26

Travel and tourism sector witnessed 71.4% growth in deal activity during week ended 26 April

Pentagon supports its supply chain as federal help set to reduce

Over 27 million severely obese patients across the 9MM could face serious COVID-19

US wireless networks offer plans to lure key workers from rivals during COVID-19 pandemic

Abiomed adds ECMO to its product portfolio, potentially treating COVID-19 patients

IBD industry could be at risk during COVID-19

Under 35s are less concerned about COVID-19 and expect their lives to return to normal sooner

COVID-19 will have a neutral impact on Spotify’s performance over the next 12 months

Insurers reimbursing motor premiums is a positive step but risky customers may not be getting value

COVID-19 hampers oil and gas services industry business outlook

Like Laura Ashley, Oasis and Warehouse’s stores are unwanted

Sainsbury’s defers dividends as it braces for COVID-19 profit impact of over £500m

Tesla to suffer as China cuts electric vehicle subsidies

Less essential manufacturers will be impacted by Sainsbury’s decision to maintain restrictions

The online channel is failing to offset revenue lost from retail store closures following Adidas’ Q1 results

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