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The new administration under US President Joe Biden is set to introduce significant policy shifts that will impact the US automotive sector, says GlobalData, a leading data and analytics company. Mike Vousden, Automotive Analyst at GlobalData, comments: “President-Elect Biden has stated that he intends for the US to rejoin the Paris Climate Agreement. That highly […]
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 […]
Strong leadership and unity crucial to Stellantis success, says GlobalData
The merger of PSA and FCA to create Stellantis creates an automotive giant with opportunities to lever scale and reduce costs, but a glance at automotive history suggests success is far from assured, says GlobalData, a leading data and analytics company. David Leggett, Automotive Analyst at GlobalData, comments: “History is peppered with examples of automotive […]
Morgan Stanley and Rothschild & Co were top M&A financial advisers by value and volume in MEA for 2020, finds GlobalData
Morgan Stanley and Rothschild & Co were the top mergers and acquisitions (M&A) financial advisers in Middle East & Africa (MEA) region for 2020 by value and volume respectively. Morgan Stanley advised on four deals worth $25.6bn, which was the highest value among all the advisers. Meanwhile, Rothschild & Co led in volume terms having […]
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 […]
APAC consumers drinking less alcohol and more health/mental wellbeing products, says GlobalData
Teetotalism trends in the Asia-Pacific region are becoming increasingly prevalent, with approximately *3three out of four (71%) of consumers drinking less alcohol in August 2020, according to a survey by leading data and analytics company GlobalData. However, the adoption of alternative soft drinks remains low, at only one in five* consumers. In fact, APAC customers […]
Top 25 global technology companies clocked over $11 trillion in MCap in Q3 2020, says GlobalData
The top 25 technology* companies’ cumulative market capitalization (MCap) hit $11.1 trillion as of 30 September 2020, adding a whopping $1.3 trillion in the third quarter (Q3) of 2020 alone. Apple unsurprisingly continues to top the chart, gaining MCap of over 25% in Q3. Keshav Kumar Jha, Business Fundamentals Analyst at GlobalData, comments: “The iPhone […]
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 […]
‘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, […]
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. […]
Low-value deals dominated global VC funding landscape in Q4 2020, finds GlobalData
Big-ticket, billion-dollar deals were mostly non-existent during Q4 2020, as low-value deals (where the investment was less than or equal to $10m) accounted for the majority of global venture capital (VC) investment volume, according to GlobalData, a leading data and analytics company. Of the total 3,603 global deals during the quarter that disclosed deal value, […]
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 […]
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 […]
Predictive maintenance is investment priority for miners with 48% likely to invest in the next two years, says GlobalData
The drive to improve productivity and reduce downtime will lead to further investment by mining companies, large and small, in predictive maintenance for both plant and mobile equipment in the next two years, according to leading data and analytics company, GlobalData. A mine-site survey by the company revealed that, while over three quarters of mines […]
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 […]
Goldman Sachs was top M&A financial adviser by value and volume in North America for 2020, finds GlobalData
Goldman Sachs emerged as the top financial adviser for mergers and acquisitions (M&A) by both value and volume in North America for 2020, having advised on 218 deals worth $459.8bn. A total 12,950 M&A deals were announced during 2020, marking a 7.1% decrease over the 13,937 deals announced in 2019, according to GlobalData, a leading […]
Tesco’s renewed focus on value provides base for stout Christmas trading, says GlobalData
Following today’s release of Tesco figures for Q3 and Christmas FY2020/21; Thomas Brereton, Senior Retail Analyst at GlobalData, a leading data and analytics company, comments: “Much as expected Tesco has delivered a set of strong results for its Q3 and Christmas trading period, with lockdown conditions in the UK supporting strong growth across food retail […]
Card Factory’s suffers amid store closures as it struggles compete with online pureplays, says GlobalData
Following today’s release of Card Factory figures for YTD FY2020/21; Zoe Mills, Senior Retail Analyst at GlobalData, a leading data and analytics company, comments: “Despite the festive period offering a glimmer of hope with like-for-like sales between 1 October and 3 November 2020 up 17.7%, Card Factory’s YTD results remain poor, with its reliance on […]
Absent online offer means Primark misses the mark during COVID-19 lockdowns, says GlobalData
Following today’s release of Primark figures for the 16 weeks ending 2 January 2021; Gemma Boothroyd, Associate Retail Analyst at GlobalData, a leading data and analytics company, comments: “With 76% of Primark’s global retail fleet currently shuttered in response to COVID-19 lockdowns, and no transactional website to capture consumer demand, sales during the 16 weeks […]
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 […]