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Jonthan Brown

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Biden leadership to lend much-needed helping hand to US meat sector, says GlobalData

Following the news that Joe Biden is in a marginal lead to win the US election; Jim Toy, Consumer Analyst at GlobalData, a leading data and analytics company, offers his view on how Biden’s leadership could reduce the health crisis in the US and reboot the US’ international trade partnerships: “If Biden is to win the presidency, the food industry will be hoping that promises such as the resolution of the US-China trade […]
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Biden win will be unfavourable to US-UK trade deal, says GlobalData

As of today’s news (5 November) that Joe Biden is currently on track to become the next US President – provided the final projections hold true; Frederick Diamond, Consumer Analyst at GlobalData, a leading market research company, offers his view on the implications of this historic election: “UK markets hoping to maintain close trade-relations with […]
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Millennials twice as likely as boomers to increase vitamin and supplements purchases during pandemic, says GlobalData

The COVID-19 pandemic has prioritized health in the minds of consumers worldwide, and surprisingly, millennials are over twice as likely to buy more vitamins as a result of the pandemic than their baby boomer parents, says GlobalData, a leading data and analytics company. Ryan Whittaker, Consumer Analyst at GlobalData, comments: “COVID-19 has fundamentally affected consumer concerns around health. According to GlobalData’s most recent consumer survey, *25% of consumers globally described themselves as extremely […]
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Saudi Arabia’s 2030 tourist target appears ambitious in the new normal of COVID-19, says GlobalData

Saudi Arabia claims it remains on track to reach its ambitious target of welcoming 100 million tourists annually by 2030.This would mean a near six-fold increase in tourist arrivals over the next 11 years, from the 17 million visitors the country welcomed in 2019, says GlobalData, a leading data and analytics company. An increase on this scale now appears overly ambitious, with the massive impact that the […]
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Mubadala taking minority stake of G42 will help develop Arab region’s digital transition

Following the news that Abu Dhabi-based sovereign investment firm Mubadala will take a minority stake in Group42 (G42), the artificial intelligence (AI) and cloud computing company founded in the emirate in 2018; Jennifer Aguinaldo, Energy & Technology Editor at MEED, part of GlobalData, offers her view: “The integration of Mubadala-owned Injazat and Khazna into the rapidly expanding […]
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Job postings show conscious effort to tackle misinformation and fake news amid US election

Companies such as Facebook, Alphabet (Google), Twitter and Amazon are actively advertising to hire personnel to tackle new-age cyber propaganda, including ‘fake news’, ‘election interference’, and ‘disinformation’, according to GlobalData, a leading data and analytics company. The firm’s Job Analytics platform highlights the addition of 150 such jobs posted between January and October 2020. Most of these were junior and mid-level positions related to optimizing existing products and services in providing accurate and relevant information. Ajay Thalluri, Business Fundamentals Analyst at GlobalData, […]
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Microsoft and Salesforce are ranked leaders in fiercely competitive low-code space, says GlobalData

Microsoft and Salesforce have been ranked by GlobalData as leaders in the low-code market segment after causing a tectonic shift in this market with the automation capabilities within its Power Platform. The low-code market segment has become fiercely competitive, and Microsoft’s Power Automate is expected, in itself, to be highly competitive when coupled with Azure’s […]
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COVID-19 causes fashion retailers to re-evaluate business model to make products recyclable, says GlobalData

COVID-19 has slowed down the majority of fashion retailers, but, as lockdown continues, fashion firms are begining to regain their positions in the market through re-evaluation of their current business models. Fashion retailers must strip back the layers within the supply chain to make more responsible choices when it comes to raw materials and designing products with the next iteration already in mind, says GlobalData, a leading data and analytics company. Beth Wright, Apparel […]
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Fitbit continues efforts to detect COVID-19 early via wearables with $2.5m US Army award, strengthens market position, says GlobalData

Following the recent news that Fitbit has received an award from the US Army to continue development of early COVID-19 diagnostic capabilities in its wearables; Dominic Tong, Medical Device Analyst at GlobalData, a leading data and analytics company, offers his view: “The health tracking capabilities of wearables have expanded at a remarkable pace, and the pandemic has provided the perfect environment for advanced health software solutions to develop. […]
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Under Armour’s sales rebound as sportswear specialism maintains demand, says GlobalData

Following today’s release of Under Armour Q3 figures for 2020, Pippa Stephens, Retail Analyst at GlobalData, a leading data and analytics company, comments: ‘‘Despite COVID-19 continuing to have a devastating impact on the global clothing & footwear sector, Under Armour has successfully bounced back during Q3 FY2020, with sales rising by $3.6m to $1.4bn. Growth was driven by its sportswear specialism, which has retained significant demand among shoppers […]
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Cineworld’s closure will have significant fallout for casual dining

Foodservice outlets that relied on the sales boost from cinema promotions let out a sigh of relief as lockdown measures loosened in the UK and cinemas re-opened. However, for major brands connected with Cineworld’s Unlimited card promotions, this was to be short-lived as the delay of big premieres such as No Time to Die caused the temporary closure of the entertainment venue. […]
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US election outcome has numerous implications for tech industry

The outcome of the Presidential and Congressional elections in the US has serious repercussions for the technology industry that will reverberate not just in the US but globally, according to GlobalData, a leading data and analytics company. These repercussions run across multiple areas, including immigration policies governing highly skilled tech employees; potential regulations against Webscales like Facebook and Google; R&D funding priorities; and data privacy regulations. In addition, the election results could […]
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Lack of demand and unfavourable business rates drives Shoe Zone to reduce portfolio by c.20%, says GlobalData

Following today’s release of Shoe Zone FY figures for 2019/20, Pippa Stephens, Retail Analyst at GlobalData, a leading data and analytics company, comments: ‘‘Shoe Zone’s footwear specialism has significantly hindered its performance during the pandemic, with its revenue during H2 FY2019/20 falling by c.40%, causing its share price to tumble by c.20% in early morning trading. Shoe Zone has announced that it now plans to shutter up to 90 of its 460 stores over […]
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Nimble Next will fare far better than most fashion retailers this year

Following today’s release of Next Q3 figures for FY2020/21, Emily Stella, Lead Analyst at GlobalData, a leading data and analytics company, comments: ‘‘Consumer demand is currently anything but constant, and Next’s weekly sales over this quarter reflect that. The retailer’s revenue spiked in August as consumers experienced renewed confidence and headed to stores with vigour after lockdown, but sales tapered off […]
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Rail travel likely to boom post-COVID-19

International rail travel offers an ‘environmentally friendly’ alternative to flying and as the second wave of COVID-19 approaches, it may experience a boom post–pandemic. Tourists are likely to favor destinations closer to home due to fears of flying and ever-changing restrictions on international travel. Consequently, rail travel is likely to benefit – although it is highly unlikely that it will surpass air travel in terms of international travel, says GlobalData, a leading data and analytics company. According to GlobalData’s latest global survey*, […]
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VR and robotics are vital solutions in FMCG to boost consumer trust during COVID-19

Manufacturers should explore new smart and connected solutions for purchasing, packaging and delivery to keep up engagement with the third of consumers worldwide (32%) that claim digital advancement often/always influences their product choices during lockdown, according to GlobalData, a leading data and analytics company. GlobalData’s latest report, “COVID-19 Case Study: Technology Solutions”, notes that some retailers are implementing virtual reality (VR) solutions to offer a more engaging visual e-commerce/v-commerce experience for shoppers. These offer a more familiar and visually appealing […]
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Businesses turn to cybersecurity and cloud computing to overcome COVID-19 challenges

According to a survey by GlobalData of more than 1,700 senior executives, Internet of Things (IoT), 5G, artificial intelligence (AI), augmented reality (AR), blockchain, automation, cybersecurity and cloud computing were identified as technologies that would play a critical role in keeping operations running during this period of unprecedented disruption. Of these, cybersecurity and cloud computing came out on top with a respective 52% and 48% of respondents saying these would play a […]
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Nestle growth likely due to COVID-19-related increases in pet ownership and concerns over health

Following the news that Nestle beat Q3 expectations with 4.9% growth; Ryan Whittaker, Consumer Analyst at GlobalData, a leading data and analytics company, offers his view: “GlobalData’s recent consumer survey (21 September), found that over half of global consumers consider themselves to be extremely or quite concerned about their health, while only 15% consider themselves not concerned.* Therefore, that one of Nestle’s strongest growth drivers was health products isn’t a […]
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Quibi offered something no one wanted

Following the news that streaming service Quibi is shutting down; Tammy Parker, Senior Analyst at GlobalData, a leading data and analytics company, offers her view on the service’s missteps: “Quibi is the quintessential financial black hole, which is something founder Jeffrey Katzenberg and CEO Meg Whitman finally accepted. What is curious is how long it took for them to acknowledge […]
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