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Rebecca Panks

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Burberry banks on growth from digital channels and APAC amidst COVID-19 disruption, says GlobalData

Following today’s release of Burberry figures for Q3 FY2020/21; Gemma Boothroyd, Associate Retail Analyst at GlobalData, a leading data and analytics company, comments: “Burberry’s increased digital sales and impressive performance in APAC softened the damage from store closures and decreased tourism throughout Q3 FY2020/21, with retail revenue only falling by £31m to £688m. The brand […]
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Early-stage funding rounds dominated global VC funding landscape in Q4 2020, finds GlobalData

Despite the COVID-19 pandemic, venture capital (VC) investors continued to show confidence on promising start-ups in Q4. Early-stage funding rounds (comprising Seed and Series A funding rounds) continued to dominate the global VC funding landscape in terms of deal volume during the quarter, according to GlobalData, a leading data and analytics company. In total, 1,050 […]
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The UK COVID-19 trend could be slow to turn despite interventions such as national lockdowns and vaccination, says GlobalData

The UK January lockdown measures should decrease the number of COVID-19 cases in the following weeks, with the possibility of falling as low as approximately 11,000 cases by January 24, 2021, says GlobalData, a leading data and analytics company. Nneoma Okeke at GlobalData comments: “This forecast is based on historical patterns of recovery that were […]
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‘Airbnb of the outdoors’ – $300m Hipcamp valuation points to sustained demand for rural domestic trips, says GlobalData

Hipcamp’s closure of a $57m Series C funding round brings its internal value to more than $300m – more than double its value in 2019. This massive jump in the valuation of the outdoor bookings business reflects the recent global tourism trend whereby domestic trips in rural locations is driving leisure demand recovery, says GlobalData, […]
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Matalan pays the price for a mediocre online offer, says GlobalData

Following today’s release of Matalan figures for Q3 FY2020/21 and Christmas; Emily Salter, Retail Analyst at GlobalData, a leading data and analytics company, comments: “Despite significant growth in its online sales in the lead-up to Christmas, Matalan’s online proposition has not been strong enough to boost its total revenue, which fell by £66.9m to £244.8m. […]
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Global economy expected to revive in 2021 due to vaccine rollout but addressing unemployment and income inequality remain the need of the hour for poorer countries, finds GlobalData

Even though GlobalData forecasts for 2020 expected a 3.8% contraction in the global economy, the implementation of mass COVID-19 vaccinations programs should set the globe towards recovery in 2021. The company has, therefore, revised its global economic growth forecast upward for 2021 to 5.31%. Bindi Patel, Economic Research Analyst at GlobalData, comments: “In the event […]
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Immuno-oncology is expected to continue as one of the most impactful trends in the biopharmaceutical industry in 2021, says GlobalData

The immuno-oncology (IO) therapeutic area is increasingly becoming recognized as the fifth pillar of cancer treatment alongside surgery, radiotherapy, chemotherapy and other targeted treatments due to rapid and successful development of the field in recent years. The company’s latest report, ‘The State of the Biopharmaceutical Industry – 2021’, reveals that IO drug development along with personalized […]
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Wachtell Lipton Rosen & Katz and Kirkland & Ellis were the top M&A legal advisers by value and volume in North America for 2020, finds GlobalData

Wachtell Lipton Rosen & Katz and Kirkland & Ellis were the top mergers and acquisitions (M&A) legal advisers in North America for 2020 by value and volume, respectively. Wachtell Lipton Rosen & Katz advised on 66 deals worth $302.9bn while, Kirkland & Ellis advised on 611 deals worth $261.4bn. A total 12,950 M&A deals were […]
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Net-zero supply chains the future of FMCG as 84% of consumers globally show interest in sustainable production, says GlobalData

Following today’s news (14 Thursday January) that PepsiCo announced a plan to achieve net-zero emissions across its supply chain by 2040: Ramsey Baghdadi, Consumer Analyst at GlobalData, a leading data and analytics company, offers his view: “Introducing an initiative to achieve net-zero emissions is an ambitious target for any player of this size in the […]
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