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Following today’s release of Halfords figures for Q3 FY2020/21; Jonathan Rock, Associate Retail Analyst at GlobalData, a leading data and analytics company, comments: “Halfords continued its strong FY 2020/21 performance as group revenue grew 11.5% over the 13 weeks to 1st January, overperforming an already exceptional 10.0% growth so far this financial year. Despite this, […]
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 […]
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 stores and small online business proving detrimental amid the COVID-19 pandemic. Its festive trading does however […]
The Hut Group’s aggressive expansion strategy places it ahead of rivals, says GlobalData
Following the news that The Hut Group (THG) has lifted its full-year sales guidance for the third time since its September IPO; Mahya Agorlou, Retail Analyst at GlobalData, a leading data and analytics company, offers her view on the situation: “THG has been a prime benefactor of the shift to online retailing, exacerbated by the […]
BMO Capital Markets and Canaccord Genuity Group were top M&A financial advisers by value and volume in global mining sector for 2020, finds GlobalData
BMO Capital Markets was the top mergers and acquisitions (M&A) financial adviser in the global mining sector for 2020 by value, having advised on 13 deals worth $4.8bn. Meanwhile, Canaccord Genuity Group was the top M&A financial advisor by volume, having advised on 14 deals worth $2.9bn. A total 1,712 M&A deals were announced in […]
Boeing KC-46 award hits MSR for manufacturer and signifies further delays, says GlobalData
Following the news that Boeing was awarded a contract for 12 more KC-46 tankers; Mathew George, Ph.D., Aerospace & Defense Analyst at GlobalData, a leading data and analytics company, offers his view: “While the KC-46 contract will be welcome news for Boeing’s long-term development plans – and the sustainment of the KC-46 production line – […]
Hopes of V-shaped recovery shattered for UK after new virus strain and lockdowns pushes the economy downhill, says GlobalData
The UK economy’s growth stalled in October after a surge in COVID-19 cases led to a crippling blow to the country’s economic recovery. Now, with Brexit to negatively affect trade in 2021 and the detection of a new strain of COVID-19 triggering various international travel bans and further lockdowns, optimism from positive vaccine news expected […]
Key developed economies to see weakening labor market trends, according to proprietary employment indicator by GlobalData
Employment trends are expected to weaken for most countries, according to findings from GlobalData’s new proprietary employment indicator, with countries such as Australia, Germany and Italy noted to see declines. The indicator notes that employment trends will be more stable in Japan and Russia with pick-up in Sweden. Adarsh Jain, Director of Financial Markets at […]
Pricing and reimbursement concerns remain leading impediment to industry growth in 2021, says GlobalData
In 2021, drug pricing pressure from regulators and payers will remain and aggressive negotiation tactics to drive down drug prices will continue, according to GlobalData, a leading data and analytics company. The company’s latest annual outlook report, ‘The State of the Biopharmaceutical Industry – 2021’, reveals that 49% of global industry survey respondents believe that […]
North America’s O&G trunk/transmission pipeline to be almost twice as long as FSU by 2024 as the region continues to lead global pipeline length additions, says GlobalData
North America is expected to have the maximum share of the global oil and gas trunk/transmission pipeline length by 2024, representing around 43%. Running for a length of 899,399km, the region continues to lead global pipeline additions by 2024 with 25,335km, lagging only behind Asia, says GlobalData, a leading data, and analytics company. GlobalData’s report, […]
China holds key to the future success of Stellantis, says GlobalData
Following the news that the shareholders of Peugeot- Citroën (PSA) and Fiat-Chrysler (FCA) have approved the proposed merger to create Stellantis; Mike Vousden, Automotive Analyst at GlobalData, a leading data and analytics company, offers his view: “Stellantis’s leadership will be hoping the newly merged group can tackle some of the specific weaknesses that affected FCA and […]
Carbon-neutral snack foods will appeal to post-pandemic consumers, says GlobalData
Large snack food companies must double down on carbon emissions at every level if they want green credibility. Especially during the COVID-19 pandemic, sustainability and reducing environmental impact are becoming ever more critical to consumers’ perceptions of brands. Leading data and analytics company GlobalData’s most recent consumer survey reports that 41%* of European consumers consider […]
Unilever’s Burger King Whoppers will bring plant-based burgers to overlooked consumers, says GlobalData
Burger King’s expansion of Vegetarian Butcher patties in Latin America, China and the Caribbean shows that Unilever is serious about its aims to reach €1bn ($1.2bn) in plant-based sales. Burger King will supply Unilever’s Whopper patties in several developing markets at similar prices to its meat equivalent. This is a very positive step, as, according […]
Viagra fights off strong resistance to display Q3 growth, says GlobalData
Pfizer’s Viagra reported stronger-than-expected Q3 global sales, displaying a 29% increase between Q2 and Q3 2020 despite intense generic competition from over 500 erectile dysfunction drugs marketed globally, says GlobalData, a leading data and analytics company. Viagra gained an additional $27m in global sales between 2020 Q2 and Q3, reporting $121m in Q3. Quentin Horgan […]
Africa is expected to continue its high COVID-19 trajectory, says GlobalData
The COVID-19 outbreak’s trajectory in Africa is expected to continue to increase for a prolonged period due to lower testing capacity and lack of vaccination plans, says GlobalData, a leading data and analytics company. Africa is reporting an increase in the number of COVID-19 cases with a November increase of 33% in new confirmed COVID-19 […]
Roku’s hiring rallies for strong business performance, finds GlobalData
With a significant increase in active accounts, streaming hours and higher advertising revenues, connected TV company Roku’s strong business performance has also triggered a jump in hiring activity. The company has seen a rapid rise in hiring with around 600 jobs posted since February 2020, according to the Jobs Analytics database by leading data and […]
AirPods Max will reinforce Apple’s dominance of the $50bn hearables market, says GlobalData
Following the news that Apple has launched AirPods Max, an over-ear headphone; Rupantar Guha, Associate project manager for Thematic Research at GlobalData, a leading data and analytics company, offers his view: “Apple is the undisputed leader in the hearables market, with a 52% market share, according to GlobalData estimates. The AirPods Max will substantially tighten […]
Ecuador could achieve optimistic >400MW solar PV capacity by 2030, says GlobalData
Ecuador is taking nascent steps in deploying renewable energy (RE) sources such as solar PV, with the 14.8MW Conolophus Solar PV venture and the 200MW El Aromo photovoltaic project – the latter of which will be the largest in the country – set to come online in the near future. With an expected growth of […]