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Jonthan Brown

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COVID-19 will boost breakfast cereal consumption in the US to US$12bn in 2020, adding an extra US$1.1bn to pre-COVID-19 forecasts, says GlobalData

The breakfast cereals category is expected to grow in 2020, as volumes and values exceed the predicted growth for the year. Annual breakfast cereal sales valued US$10.8bn in the US in 2019, and this was previously expected to increase to US$10.9bn in 2020. Following COVID-19-related disruptions, the projected figure for 2020 is now closer to US$12.1bn, an increase of 12%. By comparison, volumes are expected to grow by 5%. Increased time at home, concerns over health and longing for childhood certainties are behind the changes in consumer behavior, according to GlobalData, a leading data and analytics company. Ryan Whittaker, Consumer Analyst at GlobalData, comments: “With […]
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Bulgaria continues to support its armored vehicles industry, says GlobalData

Following the announcement that the Bulgarian Ministry of Defense (MoD) will acquire 50 to 100 armored vehicles between 2021–2023 for its special operations units, at a cost of $30.2m; Stelios Kanavakis, Defense Analyst at GlobalData, a leading data and analytics company, offers his view on the announcement: “This is an important step for the Bulgarian Armed Forces’ modernization process and the support that the government wants to provide to the […]
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Wickes continues to outshine the Travis Perkins group

Following today’s release of Travis Perkins Q3 figures for 2020, Georgina Sreeves, Retail Analyst at GlobalData, a leading data and analytics company, comments: ‘‘Following a catastrophic H1, Travis Perkins is on the mend thanks to demand within the Repair, Maintenance and Improvement (RMI) sector; while the group experienced a subdued August, l-f-l sales grew 8% in September as normality resumed. High levels of domestic projects drove sales at Toolstation and Wickes, where total sales in […]
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COVID-19 did not kill Quibi, but incompetence and overconfidence did

Following today’s news that Quibi is ceasing operations, here is some further commentary from GlobalData’s Thematic Research team: After just six months in operation, Quibi has announced that it is shutting down. Its executives have laid the blame at the door of COVID-19, but that is an obvious excuse. The company failed because of a limited product offering and […]
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Alpro’s zero-waste goals likely to strike a chord with concerned consumers, says GlobalData

Alpro’s strong sustainability goals such as zero carbon, zero water and zero waste, as well as health-focused pledges to promote plant-based eating, are likely to strike a chord with concerned consumers, says GlobalData, a leading data and analytics company. Ryan Whittaker, Consumer Analyst at GlobalData, comments: “Much of the growth in vegan, vegetarian, flexitarian and other plant-based diets in recent years has been tied into concerns over health and the environment. This has been a double-edged sword, as plant-based products and packaging have inevitably […]
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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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Positive data for Amylyx’s AMX0035 strengthen its position to enter ALS market

Following Amylyx’s announcement that AMX0035, its amyotrophic lateral sclerosis (ALS) pipeline drug, showed potential to prolong patient survival in addition to slowing rapid disease progression in the open label extension of Phase II/III clinical trial CENTAUR; Sarah Elsayed, Neurology Analyst at GlobalData, a leading data and analytics company, offers her view on the opportunities and challenges in this market: “The new functional and survival benefits of AMX0035 will significantly strengthen the drug’s position to enter the ALS market over the coming years as a […]
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Future uptake of Opdivo and Yervoy combination in oncology is at risk, says GlobalData

Bristol-Myers Squibb’s (BMS) blockbuster combination of Opdivo and Yervoy is facing increasing scrutiny in various oncology indications as to whether the financial burden and clinical toxicity added by Yervoy is worth it. According to leading data and analytics company GlobalData, clinical trials with Opdivo monotherapy outnumber the trials with Opdivo and Yervoy combination. GlobalData has identified that, out of 782 ongoing clinical trials in oncology that have listed Opdivo, Yervoy, or the combination as a primary intervention, Opdivo monotherapy represents the majority. Specifically, 61% of trials include Opdivo monotherapy, 31% of trials the combination, and only 8% include Yervoy monotherapy. Interestingly, only 20% of these trials are industry-sponsored. Sakis […]
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English Premier League leads the way in driving sponsorship value, says GlobalData

While the ‘big five’ European soccer leagues lead the way, in terms of the value of their front-of-shirt sponsorship deals, it is the English Premier League that generates the most revenue. Clubs in the league receive 47% more from partners than the next highest revenue generating league, Germany’s Bundesliga, says GlobalData, a leading data and analytics company. The company’s latest report, ‘Front of Shirt Sponsorship 2020-21’, reveals that the top five European leagues generate over $1.15bn each season from their front-of-shirt partners alone. In contrast, the next ten leagues generate only $289m per season between […]
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Medical device markets face uncertainty over the future of Affordable Care Act amid the US election, says GlobalData

The future of the Affordable Care Act (ACA) depends on the outcome of the 2020 US election and each outcome will have a distinct impact on medical device markets, says GlobalData, a leading data and analytics company. The Democrat party has stated their support for the ACA and their plan to protect it, if elected during the 2020 US election. However, the party admits that the act is flawed and plans to improve the law. Joe Biden plans to eliminate the 400% income cap on tax credit eligibility and lower the limit on the cost of coverage […]
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US 2020 elections to determine the fate of several key reproductive health policies

Reproductive health topics are perhaps some of the most divisive in US politics, with President Donald Trump, and his Democratic opponent, former Vice President Joe Biden, taking vastly different positions on several key issues in this area. Reforms restricting or broadening abortion rights, use of federal funding for abortions, and coverage of contraceptive methods at no out-of-pocket cost, will be influenced by the election outcome. Furthermore, a probable conservative-leaning Supreme Court has triggered […]
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Flybe needs to be mindful of previous vulnerabilities as relaunch is announced

Following the recent announcement that Flybe could be flying again next year, after administrators announced a successful deal had been agreed with investors; Ralph Hollister, Travel & Tourism Analyst at GlobalData, a leading data and analytics company, offers his view on the situation: “Flybe re-starting flights as early as next year will provide some much needed optimism for the UK and its […]
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Deal Activity in travel & tourism sector declined by 11.3% during September

A total of 102 deals were announced in the global travel and tourism sector during September 2020, which is a decrease of 11.3% over 115 deals announced during the previous month, according to GlobalData, a leading data and analytics company. Aurojyoti Bose, Lead Analyst at GlobalData, comments: “The travel and tourism sector is among the worst hit due to COVID-19, and deal activity in the sector has also remained inconsistent since the outbreak. After showcasing improvement for three consecutive months, deal activity in the sector plummeted once again in September.” […]
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Bleak outlook for city breaks for rest of 2020

The COVID-19 pandemic has impacted demand for city breaks as tourists now seek destinations away from crowds and urban hotspots. City breaks were globally the third most popular holiday type in 2019, among respondents in GlobalData’s Q3 2019 global consumer survey*, but their choices are expected to shift to prioritize green, outdoor spaces for leisure.  With iconic cities across Europe re-introducing lockdown measures, closing […]
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UK cigarettes set for a heightened loss of US$1.9bn in 2020 as COVID-19 hammers health awareness and economic uncertainty

UK cigarettes set for a heightened loss of US$1.9bn in 2020 as COVID-19 hammers health awareness and economic uncertainty, says GlobalData In the UK, cigarettes are expected to see a 15% drop on sales volumes and a 13% drop on value in 2019-2020 compared to pre-COVID projections. Sales volumes are now expected to fall from 25.7bn pieces to 21.9bn pieces, rather than 24.3bn pieces as had been previously projected, according to GlobalData, a leading data and analytics company. Ryan Whittaker, Consumer Analyst at GlobalData, comments: “The UK Government has had a health-focused anti-smoking agenda for several years […]
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Reliance on Asian markets and casual product ranges aids Fast Retailing throughout COVID-19

Following today’s release of Fast Retailing FY figures for 2019/20, Pippa Stephens, Retail Analyst at GlobalData, a leading data and analytics company, comments: ‘‘Though Fast Retailing has experienced a significant sales decline globally as a result of the pandemic, with revenue falling by ¥281.7bn to ¥2,008bn in FY2019/20, it has managed to outperform many of its fashion counterparts. It has been aided by […]
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Retail will pick up some lost alcohol sales as Marston’s reports 30% drop in annual sales

Retail will pick up some lost alcohol sales as Marston’s reports 30% drop in annual sales, says GlobalData Following today’s news (Thursday 15 October) that pub operator Marston’s announced job cuts due to the latest round of COVID-19 restrictions and a 30% drop in annual sales; Ryan Whittaker, Consumer Analyst at GlobalData, a leading data and analytics company, offers his view: “The introduction of further restrictions will force consumers in Tier 3 areas to switch channel from pubs and clubs, such as those […]
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AO World capitalises on COVID-19 shift to online

Following today’s release of AO World H1 figures for 2020/21, Zoe Mills, Senior Retail Analyst at GlobalData, a leading data and analytics company, comments: ‘‘AO World has produced a strong set of H1 results as it benefits from the shift to online during the height of the COVID-19 pandemic. With the UK online electricals market forecast to grow 22.0% in 2020, AO World is set to gain significant market share owing to its competitive proposition. While a temporary shift to online was to be […]
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Airport testing a step in the right direction but financial constraints remain considerable barrier to UK travel recovery

Potential shortening of the UK’s 14-day mandatory quarantine measures for certain travel destinations may help to restore some confidence in booking travel, but financial constraints remain a considerable barrier for recovery – with a total 51%* of UK travelers noting that they are concerned about their personal financial situation, according to a survey by data and analytics company GlobalData. Johanna Bonhill-Smith, Travel and Tourism Analyst at GlobalData, comments: “Right now, economic concerns are one of the most critical factors driving consumers’ decisions. Over the next month, 30% of GlobalData’s survey respondents said they see the economic situation in the UK getting ‘considerably worse’ and 43% see it getting ‘slightly worse’. […]
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Microsoft’s ransomware battle is just one skirmish in the cyber threat war in the run up to the US election

Following the news that Microsoft has led an initiative to take down a ransomware threat from Trickbot malware ahead of the forthcoming US elections, David Bicknell, Principal analyst in Technology Thematic Research at GlobalData, a leading data and analytics company, offers his view on the development: “Microsoft’s move to take down the Trickbot botnet is welcome, but it is just a skirmish in the continual battle against cyber threats. “The fact that Microsoft and other organizations decided to take coordinated action to shut down Trickbot now, four years after it was first spotted, highlights widespread fears that a ransomware attack […]
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