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GlobalData
GlobalData

Retail

Topshop/Topman must tread carefully to make ASOS tie-up a success

As part of Arcadia’s strategy to save its failing brands, Topshop and Topman are set to launch ranges on rival ASOS’ website in the next few months but it must tread a fine line between driving additional revenue from the online pureplay’s wide global shopper base and rendering its own websites redundant. Sofie Willmott, Senior […]
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Impulsive Instagram Shopping offers retailers the chance to boost sales

As 38.7% of online shoppers aged 16-24 have used Instagram Shopping to purchase an item, retailers targeting this demographic should recognise the potential of social media beyond a marketing tool and as an additional sales platform that is especially effective at driving impulse purchases, says GlobalData, a leading data and analytics company. Instagram Shopping is […]
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Multichannel essential as almost a quarter of living room furniture spend to go through online by 2024, says GlobalData

The winners within living room furniture over the next five years will be those where customers are able to switch seamlessly between online and stores when looking to buy, according to GlobalData, a leading data and analytics company. GlobalData’s latest report ‘UK Living Room Furniture Market 2019’, shows that the living room furniture market will grow […]
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Retailers must act fast to satisfy underwhelmed sustainability-seeking shoppers, says GlobalData

The overwhelming majority of UK consumers believe that retailers should be acting sustainably but almost 80% think that retailers are not doing enough to address issues around sustainability and climate change*, according to GlobalData, a leading data and analytics company. GlobalData’s latest report: ‘UK Sustainability 2019’, reveals that those who are most likely to purchase more frequently […]
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Debenhams saved from hands of Mike Ashley but needs more cash to safeguard its future

Following today’s news (Tuesday 9 April) that Debenhams has fallen into administration, Sofie Willmott, Senior Retail Analyst at GlobalData, a leading data and analytics company, offers her view: “The cash injection from the new owners will not be enough to turn around the failing department store’s fortunes. Although Sergio Bucher’s Redesigned strategy, announced almost two years […]
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Fashion spend in town centres to slump 13.8% by 2023

Major retailers including Marks & Spencer, Debenhams, New Look, and now potentially Arcadia, are closing a significant number of stores over the next three to five years, and town centres will be the hardest hit locations with clothing & footwear spend forecast to decline by 13.8% (£2.4bn) between 2018 and 2023, according to GlobalData, a […]
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Dune not the best fit for LK Bennett

Following today’s news (Wednesday 27 March) that Dune has tabled a bid for LK Bennett, Kate Ormrod, Lead Retail Analyst at GlobalData, a leading data and analytics company, offers her view: “While both retailers tap into the premium occasionwear market, footwear specialist Dune and LK Bennett do not seem like an obvious fit, given the latter’s […]
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Brand differentiation is key in order for Boohoo to harness Misspap as its next vehicle for growth

Following yesterday’s news (Monday 25 March) that the Boohoo group has acquired Misspap, Sofie Willmott, Senior Retail Analyst at GlobalData, a leading data and analytics company, offers her view on the chains current challenges: “The Boohoo group’s acquisition of Misspap will give the retailer another vehicle to drive rapid growth, as it has done with PrettyLittleThing, […]
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