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GlobalData
GlobalData

Retail

Asia-Pacific to lead global jeans market growth, reveals GlobalData

The emerging markets across the Asia-Pacific (APAC) region are set to play a crucial role in the revival of the global jeans market to its pre-COVID-19-pandemic level growth by 2022, says GlobalData, a leading data and analytics company. GlobalData’s research reveals that the global jeans market grew at a compound annual growth rate (CAGR) of […]
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Half of UK consumers purchased home workout products during the pandemic and 75% intend to continue working out at home post pandemic, according to latest research from GlobalData

52.2% of UK consumers have done home workouts since March 2020 53.3% of UK consumers have bought workout products since March 2020 The average amount spent in the UK on home workout products in the last 12 months is £162 Of the UK consumers that have done home workouts since March 2020: – 31.7% say […]
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eBay ramps up hires in the US and Germany to strengthen user engagement, finds GlobalData

eBay’s recent hiring trend reveals that job postings in the US and Germany contributed to 50% and 20% of its total job postings, respectively, since January 2021, finds GlobalData, a leading data and analytics company. Ajay Thalluri, Business Fundamentals Analyst at GlobalData, says: “eBay’s increased hiring in the US and Germany indicate the growing number […]
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Digitization, transparency and ethics to keep fast fashion retailers relevant in post-COVID apparel market, says GlobalData

Customers are mindful of the adverse environmental impact of fast fashion. Sustainability and ethical awareness are influencing the industry to make dynamic changes such as digitization, circularity and transparency in business practices that will help brands in the long-term, says GlobalData, a leading data and analytics company. Conscious consumption is on the rise and shoppers […]
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UK fashion industry must bridge skills gap to bolster future of domestic manufacturing

The UK fashion sector must join forces across the value chain to tackle the shortage of manufacturing skills and help secure the future of domestic apparel production, writes GlobalData, a leading data and analytics company. Beth Wright, Apparel Correspondent for GlobalData, says: “The shortage of traditional apparel manufacturing skills such as pattern making, cutting, and stitching has been an issue threatening the sector for some time. If these skills are lost, the future of UK apparel manufacturing could hang in the balance. “The […]
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Garment supplier factories must upskill their employees if they are to retain business in a sustainable world

Garment supplier factories must invest in reskilling workers in the digital space if they hope to retain business in a world becoming increasingly concerned with sustainability and social welfare, says GlobalData, a leading data and analytics company. Hannah Abdulla, Apparel Correspondent at GlobalData, comments: “The coronavirus pandemic has dramatically sped up the garment industry’s tech-shift and brands know that to operate in a sustainable and socially-conscious way, the adoption of technologies such as artificial intelligence, 3D design and automation is now a necessity and no longer just nice-to-have. A recent study from GlobalData reveals that 81% of executives, including those from the apparel sector, […]
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ASOS can help Arcadia brands regain their fashion authority

Following reports that ASOS has bought Topshop, Topman, Miss Selfridge and HIIT out of administration for £265m: Chloe Collins, Senior Apparel Analyst at GlobalData, a leading data and analytics company, offers her view on this news: “ASOS is a complementary new owner for Topshop, Topman, Miss Selfridge and HIIT and will be able to give […]
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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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