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Jonthan Brown

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Military training prioritizes safety as simulation systems market grows 55% by 2030, says GlobalData

Most militaries across the globe are transitioning their training to simulators to address personal safety challenges. In fact, the global military simulator systems market is anticipated to grow by 55% in 2030, as compared to the current year’s market value. The modernization of armed forces and the induction of increasingly sophisticated advanced platforms will drive the need for simulation even further in the near future, according to GlobalData, a leading data […]
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Trips from Canada to Costa Rica will grow 54.6% by 2024, says GlobalData

The number of international travelers from Canada to Costa Rica is set to grow from 233,143 in 2019 to 360,344 in 2024, increasing at a compound annual growth rate (CAGR) of 9.1%, says GlobalData a leading data and analytics company. The company’s latest report, ‘Source Market Insight: Canada (2020)’, reveals that the country’s year-round warm climate, an abundance of direct flights between the two nations, and extensive beaches will continue to increase international visitation from Canada, […]
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Travel & tourism sector witnessed 23.3% decline in deal activity during November 2020

A total of 89 deals were announced in the global travel and tourism sector during November 2020, which is a decrease of 23.3% over 116 deals announced during the previous month, according to GlobalData, a leading data and analytics company. Aurojyoti Bose, Lead Analyst at GlobalData, comments: “Deal activity in the travel & tourism sector has remained inconsistent since the COVID-19 outbreak. After showcasing improvement during the previous month, deal activity in the sector plummeted once again in November. The decline can be attributed to subdued activity in some of the key markets including the […]
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Significant jump in number of non-endemic jersey sponsorships seen at the League of Legends World Championships

Non-endemic jersey sponsorships were responsible for 51% of all 76 recorded at the championships, up from 37% in 2019 Non-endemic brands from 14 different sectors had their logo on show on team jerseys at the event Brands from the sportswear, automotive and energy drinks sectors were responsible for 20 (51%) of the 39 recorded non-endemic jersey sponsors The 2020 League of Legends World Championships brings together some of the biggest and most marketable esports organizations. A charted growth in non-endemic jersey sponsorship at the competition is a tangible sign that non-endemic interest in esports is increasing fast, says […]
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Campbell Soup’s sales buoyed by strong demand for straightforward meals during COVID-19 lockdowns

Following today’s news that Campbell Soup has announced net sales growth of 7.2% to US$2.34bn; Ryan Whittaker, Consumer Analyst at GlobalData, a leading data and analytics company, offers his view: “Campbell Soup’s strong sales in 2020 relative to 2019 testify to the increased demand for simple, nutritious and lower-calorie food items during lockdowns, furloughs and working from home. It appears that the brand is still growing, buoyed by strong demand for straightforward meals, albeit at a […]
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Direct booking providers will have ‘window of opportunity’ in post-pandemic travel

Online travel agents (OTAs) were the primary choice of booking channel for *44% of global respondents in Q3 2019, according to GlobalData, a leading data and analytics company. However, disputed refund policies, coupled with a lack of efficient customer service, give leading service providers an opportunity to boost direct bookings in post-pandemic travel. Johanna Bonhill-Smith, Travel & Tourism Analyst at GlobalData, comments: “OTAs dominate the online travel market space, but the lack of efficient refund policies in place has been […]
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Lockdown has given Studio room to grow

Following today’s release of Studio Retail H1 figures for 2020/21, Emily Salter, Retail Analyst at GlobalData, a leading data and analytics company, comments: ‘‘Studio Retail has been one of the beneficiaries of the COVID-19 pandemic, with a £39.3m rise in total revenue to £268.0m testament to its transformation to an online pureplay, value proposition and flexible credit options. Retail sales saw a significant boost of 38.0% versus last year, […]
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Formalwear reliance causes Ted Baker’s sales to plummet throughout COVID-19

Following today’s release of Ted Baker H1 figures for 2020/21, Pippa Stephens, Retail Analyst at GlobalData, a leading data and analytics company, comments: ‘‘Ted Baker’s troublesome performance comes as no surprise, since its specialism in formalwear increased its exposure to the impact of COVID-19, with many consumers shifting their spending towards casualwear or loungewear categories. While the retailer has attempted to adapt to these changing trends, it was too slow to mitigate falling sales in […]
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‘Christmas dinner box’ now a reality in 2020’s COVID-Christmas

Amid the throes of COVID-Christmas, it seems consumers are unlikely to head out for their Christmas dinner this year – with 68%* of UK consumers noting they are eating out less frequently than before the pandemic in a survey by GlobalData. However, with supermarkets and foodservice outlets moving to bring restaurant-quality Christmas meals out to […]
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Aldi’s Deliveroo experiment reveals Christmas e-commerce potential for discounters

As e-commerce and delivery ramp up – due to Christmas, COVID-19 and lockdowns – German discounter, Aldi, has expanded its tie-up with Deliveroo to almost 130 of its 900 stores in the UK and would extend a click and collect trial to an additional 200 stores by Christmas. COVID-19 has resulted in online grocery shopping almost doubling Aldi’s share of total UK grocery […]
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EFL £250m rescue package is merely a drop in the ocean for the Premier League

Following the news that the Premier League is providing a £250m support package to the English Football League (EFL); Conrad Wiacek, Head of Sports Analysis for GlobalData, a leading data and analytics company, offers his view: “While the £250m support package is welcome, more financial support would be highly beneficial. With Premier League teams generating over £1.46bn in revenue from sponsorship deals alone for the 2020/21 season, according to GlobalData, it is evident that the rescue package that the Premier League is providing to the EFL could be far more generous – as the figure is only 10% more than Chelsea FC spent on player transfers in the 2020 summer transfer window. “Alongside a domestic media rights package worth over […]
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Nestlé’s €3.58bn plan to halve carbon emissions by 2030 suggests overall industry shift

Following today’s news that Nestlé has set out a €3.58bn (US$4.34bn) plan to halve carbon emissions by 2030, and to be net zero by 2050; Ryan Whittaker, Consumer Analyst at GlobalData, a leading data and analytics company, offers his view: “Nestlé’s ambitious plans reveal how pervasive environmental issues have become in the corporate and consumer world. In fact, GlobalData’s most recent surveys suggest that the COVID-19 pandemic has actually increased the […]
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Eat Just’s lab-grown meat regulatory approval important milestone in tackling consumers’ environmental footprint, says GlobalData

Following today’s news (Wednesday 2 December) that Singapore’s food regulators have approved the sale of Eat Just’s lab-grown meat; Ryan Whittaker, Consumer Analyst at GlobalData, a leading data and analytics company, offers his view: “While there are a number of active cell-culturing companies developing meat and fish, US-based Eat Just’s approval in Singapore shows that this technology is getting that much closer to scale. Scale will […]
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UK foodservice to see critical boost should Pfizer’s COVID-19 vaccine come to fruition, says GlobalData

Following today’s news (Wednesday 2 December) that the UK has approved the COVID-19 Pfizer vaccine; Carmen Bryan, Consumer Analyst at GlobalData, a leading data and analytics company, offers her view on how this will impact the UK’s foodservice market: “UK foodservice profit operators overall have seen sales fall to under $71bn in 2020, against an initial pre-COVID forecast of $104bn. Operators in this sector have been pleading for more […]
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Eat Just’s lab-grown meat regulatory approval important milestone in tackling consumers’ environmental footprint

Following today’s news (Wednesday 2 December) that Singapore’s food regulators have approved the sale of Eat Just’s lab-grown meat; Ryan Whittaker, Consumer Analyst at GlobalData, a leading data and analytics company, offers his view: “While there are a number of active cell-culturing companies developing meat and fish, US-based Eat Just’s approval in Singapore shows that this technology is getting that much closer to scale. Scale will […]
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All talk no action from US firms looking to nearshore garment production, says GlobalData

Garment factories close to the US looking to steal share from China makers must address fabric production infrastructure and expand into more categories if they hope to convince brands to relocate, says GlobalData, a leading data and analytics company. The conversation around nearshoring has intensified in the time between the US declaring a trade war with China and the arrival of COVID-19, with more brands looking to exit the sourcing powerhouse to lessen the risk of […]
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Cargo businesses could be the lifeline airline operators need with mentions of ‘cargo’ in earnings transcripts rising 18% in 2020, says GlobalData

The online shopping boom during the holiday season and the need for vaccine delivery could help airliners mitigate losses in Q4 2020 via their cargo business. In fact, mentions of the word ‘cargo’ and related keywords have grown by around 18% in 2020* as this emerged as a key discussion agenda in the earning transcripts of airline operators worldwide, according to the Filing Analytics tool by GlobalData, a leading data and analytics company. Airline companies may be able to use cargo services as a risk-mitigation strategy amid volatile market conditions following COVID-19. Rinaldo Pereira, […]
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BAE’s Next Generation Munitions Solution agreement provides much-needed reassurance to UK defense, says GlobalData

Following the news that BAE Systems has received a £2.4bn munitions contract, the Next Generation Munitions Solution (NGMS); Harry Boneham, Associate Analyst at GlobalData, a leading data and analytics company, offers his view on the situation: “News that BAE Systems has secured this award comes as little surprise, with the company being the prime contractor of […]
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Premier League’s ‘Big Six’ generates four times as much sponsorship revenue than remaining 14 Premier League teams over 2020/21 season

The ‘Big Six’* have created a division in the Premier League, as they dominate 81% of sponsorship revenue. This highlights the growing commercial gap in the Premier League, which will likely see the rest of the division fall further behind the league’s leading clubs in both revenue and on-pitch performance, says GlobalData, a leading data and analytics company. GlobalData’s latest report ‘Business of the English Premier League 2020/21’, reveals that […]
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COVID-19 is threatening value of Premier League’s media rights ahead of next three-year cycle due to begin in 2022, says GlobalData

The deflationary impact of COVID-19 on sports rights is posing a significant threat to the value of the Premier League’s media rights, ahead of its selling process for the next three-year cycle of TV rights due to run from 2022–25, with an overall drop in value a real possibility, according to GlobalData, a leading data and analytics company. According to GlobalData’s report, ‘The Business of the English Premier League’, in the current three-year cycle of Premier League TV rights, a decline in the value of domestic rights was offset by significant growth in overseas markets, which saw the overall value of Premier League media rights grow to $11.7bn – a 7% increase on the previous three-year cycle. However, in September, the Premier League was forced to terminate its record overseas media rights deal with Chinese broadcaster […]
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