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GlobalData
GlobalData

Retail

Strong online capability and multi-category offer helps Very.co.uk to thrive through COVID-19

Following the release of The Very Group’s Q3 figures for FY2019/20, Alex Hardy, Retail Analyst at GlobalData, a leading data and analytics company, comments: “A broad category offering has been integral to online pureplay The Very Group’s strong performance throughout the COVID-19 pandemic, with consumer preferences transforming almost overnight in the face of a changing environment. […]
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ASOS shines through the retail doom and gloom

Following the news that ASOS has raised its full year sales and profit expectations; Sofie Willmott, Lead Analyst at GlobalData, a leading data and analytics company, offers her view on this news: “While many other clothing retailers have announced significant sales drops since COVID-19 hit, alongside store closures and redundancies, agile ASOS has benefitted from […]
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Next feels the full force of COVID-19

Following today’s release of Next H1 figures for FY2020/21, Emily Salter, Retail Analyst at GlobalData, a leading data and analytics company, comments: ‘‘Though a sobering set of results that illustrate the decimated demand for clothing & footwear due to COVID-19, Next’s Q2 full-price sales growth far exceeded expectations at -28%, compared to a dire scenario of […]
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Wickes’ performance hampered by late store reopenings, says GlobalData

Following today’s release of Travis Perkins H1 figures for 2020, Georgina Sreeves, Associate Retail Analyst at GlobalData, a leading data and analytics company, comments: ‘‘The pandemic continues to throttle Travis Perkins as group sales declined £704m to £2,780m in H1 2020, dragged down by its plumbing & heating and merchanting businesses where sales dropped 33.3% and […]
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Counting carbon could be fashion’s new counting calories

As an increasing number of fashion firms pledge to reduce their carbon footprints, innovators are responding with new tools for brands and manufacturers to hold themselves accountable and help shoppers make better purchasing decisions, says GlobalData, a leading data and analytics company. Beth Wright, Apparel Correspondent at GlobalData, says: “Innovators are taking action to help […]
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Strong Kingfisher results show consumers yet to tire of home improvements

Following today’s release of Kingfisher Q2 figures to date for 2020/21, Amy Higginbotham, Retail Analyst at GlobalData, a leading data and analytics company, comments: ‘‘Kingfisher reports a strong performance for its Q2 to date (11 weeks to 18 July), boosted by ongoing elevated demand for home improvement as consumers stay home, and the phased reopening of stores […]
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Agile ASOS rides out COVID-19 storm

Following today’s release of ASOS figures for the four months to 30 June 2020, Sofie Willmott, Lead Retail Analyst at GlobalData, a leading data and analytics company, comments: ‘‘As an online pureplay ASOS has had a lot less problems to deal with than many of its store-operating competitors in recent months but despite this, it still […]
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Sales loss in Q4 will not dampen long-term prospects for Dunelm

Following today’s release of Dunelm Q4 figures for FY2020, Emily Stella, Lead Retail Analyst at GlobalData, a leading data and analytics company, comments: ‘‘Dunelm’s Q4 results paint a similar picture to other non-essential retailers over the lockdown period: sky-high online sales growth that cannot counterbalance devastated store sales. But, there is one difference, which is that […]
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AO World benefits as COVID-19 encourages online purchases

Following today’s release of AO FY figures for 2019/20, Zoe Mills, Retail Analyst at GlobalData, a leading data and analytics company, comments: ‘‘AO World has produced a strong set of results in the UK while its European arm faltered – a reversal of fortunes for the electricals specialist compared to recent years, owing to the […]
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