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Retail

Five key trends are reshaping apparel sourcing in 2021

The clothing industry and its supply chains were riddled with problems long before COVID-19 – but it took a global pandemic to push them to the forefront. Many companies are already changing the way they operate, and it is clear the ramifications will continue well into 2021 and beyond. Leonie Barrie, Apparel Analyst at GlobalData, a leading data and analytics company, highlights five key issues that are rewriting […]
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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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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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‘Mobile Payments’ mentions grow five-fold in company filings as department stores continue digital transformation

Department store and mall owners have been positive towards ‘digitization’, ‘contactless payments’ and ‘sustainability’ in company filings, with discussions around mobile payments and digital growth having grown in 2020 earnings transcripts compared to 2019, reveals GlobalData, a leading data and analytics company. GlobalData’s Filing Analytics platform identified that earnings transcript mentions of mobile payments and sustainability increased over five-fold in 2020 compared to 2019, while digital mentions grew by over 15% in the same period. Even in the ‘new normal’ malls continue to face hardships with […]
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Amazon and Alibaba surge ahead of competitors in ranking of top 25 publicly trading retailers by MCap in Q3 2020

Amazon and Alibaba surged ahead of the competition in the third quarter (Q3) of 2020 as the two companies collectively accounted for approximately half of the total market capitalization (MCap) reported by the top 25 global retailers. The growth of online shopping during lockdowns amid the COVID-19 pandemic provided a boost for their e-commerce platforms, […]
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The boohoo group remains unfazed by COVID-19, says GlobalData

Following today’s release of the boohoo group figures for the four months ending 31 December 2020; Emily Salter, Retail Analyst at GlobalData, a leading data and analytics company, comments: “The boohoo group has continued to report enviable revenue growth in the face of COVID-19, with total sales increasing by £187.1m to reach £660.8m, though this […]
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Dunelm’s strength online protects it during lockdown, says GlobalData

Following today’s release of Dunelm figures for Q2 FY2020/21; Amy Higginbotham, Retail Analyst at GlobalData, a leading data and analytics company, comments: “Dunelm has reported a resilient set of results for the golden quarter, with group sales rising £38m to £360.4m as it successfully transferred shoppers online during the November lockdown. Though growth slowed from […]
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Fast Retailing exhibits impressive performance as Asian markets return to normality, says GlobalData

Following today’s release of Fast Retailing figures for Q1 FY2020/21; Pippa Stephens, Retail Analyst at GlobalData, a leading data and analytics company, comments: “Fast Retailing’s strong reliance on Asia has allowed it to experience an impressive rebound in sales during Q1 FY2020/21, with group revenue falling by just ¥3.7bn to ¥619.8bn, particularly driven by sales […]
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Halfords facing difficult Q4 as cycling momentum slows, says GlobalData

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, […]
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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 […]
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Agile ASOS continues to shine bright throughout COVID-19

Following today’s release of ASOS figures for the four months ending 31 December 2020, Chloe Collins, Senior Retail Analyst at GlobalData, a leading data and analytics company, comments: “ASOS has proven itself to be a COVID-19 winner once again, with group retail sales throughout the final four months of 2020 soaring by £250.9m on the […]
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