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Jonthan Brown

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Nvidia’s Arm deal will shake up the semiconductor sector, says GlobalData

Following the news that Nvidia is to buy UK chipmaker Arm for $40bn,Snigdha Parida, Thematic Research Analyst at GlobalData, a leading data and analytics company, offers her view: “The combination of Nvidia’s artificial intelligence (AI) and autonomous driving chips and Arm’s mobile-friendly CPU ecosystem will shake up the semiconductor sector. “Nvidia will control the world’s […]
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Morrisons’ strategy remains sensible despite heavy COVID-19 profit blow

Following today’s release of Morrisons H1 figures for 2020/21, Thomas Brereton, Senior Retail Analyst at GlobalData, a leading data and analytics company, comments: ‘‘Morrisons’ H1 results reiterate that the 2020 food & grocery market – despite unusually high ex. fuel revenue growth across the board – is a stressful arena to operate in at present. While ex. […]
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Most US employees see themselves working with technology, rather than being replaced by it, according to a recent survey on the future of work by GlobalData

· Technology will support US workers rather than replace them as respondents say only part of their job can be performed by machines. · 79% of US workers say technology will change the way they do their job over the next three years. · 37% of respondents think AI will impact their job over the […]
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TUI’s optimism for 2021 should be noted with caution amid refund confusion and UK’s air bridges putting strain on industry recovery

Following the announcement of TUI’s Q3 2020 results, Johanna Bonhill-Smith, Travel & Tourism Analyst at GlobalData, a leading data and analytics company, offers her view: “The news that bookings for Summer 2021 are up by 145% at TUI strike a note of optimism, but caution is still necessary as numerous customers continue to await refunds. […]
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80% of executives say cybersecurity and cloud computing have been key in helping their businesses survive COVID-19, according to latest research from GlobalData

‘- GlobalData’s 2020 Emerging Technology Trends survey of more than 1,700 senior executives reveals the technologies that are helping companies survive COVID-19 – Eight technologies have played a major role in keeping businesses afloat during the pandemic including 5G, artificial intelligence and augmented reality – No single technology stood out, but more than 80% of […]
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ASOS shines through the retail doom and gloom

Following the news that ASOS has raised its full year sales and profit expectations; Sofie Willmott, Lead Analyst at GlobalData, a leading data and analytics company, offers her view on this news: “While many other clothing retailers have announced significant sales drops since COVID-19 hit, alongside store closures and redundancies, agile ASOS has benefitted from […]
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‘Insperiences’ key to US foodservice recovery as 22% of consumers say they will stop eating dinner out-of-home due to COVID-19, according to latest research by GlobalData

· US foodservice revenues expected to fall by over 35%, from $760bn in 2019 to $490bn in 2020 with full recovery not anticipated until after 2023 due to COVID-19 · 22% of US consumers say they will stop eating dinner out-of-home and 20% confirmed the same sentiment for breakfast · 25-44 year olds are a […]
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Next feels the full force of COVID-19

Following today’s release of Next H1 figures for FY2020/21, Emily Salter, Retail Analyst at GlobalData, a leading data and analytics company, comments: ‘‘Though a sobering set of results that illustrate the decimated demand for clothing & footwear due to COVID-19, Next’s Q2 full-price sales growth far exceeded expectations at -28%, compared to a dire scenario of […]
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Wickes’ performance hampered by late store reopenings, says GlobalData

Following today’s release of Travis Perkins H1 figures for 2020, Georgina Sreeves, Associate Retail Analyst at GlobalData, a leading data and analytics company, comments: ‘‘The pandemic continues to throttle Travis Perkins as group sales declined £704m to £2,780m in H1 2020, dragged down by its plumbing & heating and merchanting businesses where sales dropped 33.3% and […]
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Foreign Office’s latest announcement a huge blow to Europe’s tourism recovery, says GlobalData

Following news that the Foreign Office has extended its advice against all but essential travel to the whole of Spain; Ben Cordwell, Travel & Tourism Analyst at GlobalData, a leading data and analytics company, offers his view on the latest announcement: “The government’s sudden announcement will make British holidaymakers nervous about traveling to any country […]
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