Retail

Retail

The loss of relevance of Ted Baker’s designs was its ultimate downfall, says GlobalData

Following the news that Ted Baker will close its remaining 31 UK stores this week: Pippa Stephens, Senior Apparel Analyst at GlobalData, a leading data and analytics company, offers her view: “The closure of Ted Baker’s stores has been a long time coming, with its product offering having significantly lost relevance among consumers. As well […]

Retail

Aldi set to displace ASDA as UK’s third biggest grocer in next five years, says GlobalData

ASDA is at a critical juncture, facing a leadership challenge alongside labor disputes and a shrinking market share in an increasingly competitive retail landscape. Third-placed ASDA is under threat, as the grocer’s value proposition fails to resonate with consumers. Aldi is set to approach ASDA’s market share by 2027 and could overtake it by 2028, […]

Retail

Luxury slowdown puts a spotlight on the importance of strong brand equity, says GlobalData

In anticipation of LVMH’s and Kering’s results for the six months to 30 June 2024 which will be released this week; Louise Deglise-Favre, Apparel Analyst at GlobalData, a leading data and analytics company, offers her view: “Luxury investors will be nervously awaiting the release of LVMH and Kering’s Q2 FY2024 results this week, as both […]

Retail

Pressure to improve its practices ahead of a London IPO will help to bolster Shein’s brand perceptions, says GlobalData

Following reports that Shein filed for its London Stock Exchange Initial Public Offering (IPO) listing at the start of the month: Alice Price, Apparel Analyst at GlobalData, offers her view: “As the prospect of a London IPO appears ever more likely for Shein – which would represent one of the London Stock Exchange’s biggest listings […]

Retail

Retail won’t see an immediate boost from a Starmer government’s policy agenda, says GlobalData

Following the release of the Labour Party’s 2024 general election manifesto; Oliver Maddison, Retail Analyst at GlobalData, offers his view: “The retail sector should not expect to be the immediate priority of the likely incoming Starmer-led government after next month’s general election. Of the retail-relevant policies set out in the Labour manifesto on Thursday, the […]

Retail

DFS profit warning reiterates difficult upholstery market, says GlobalData

Following the news that DFS has announced a profit warning; Matt Walton, Senior Data Analyst at GlobalData, offers his view: “The disruption in deliveries through the Red Sea has been the main driver behind this profit warning but DFS has also experienced a significant cooling in demand as shoppers cut back sharply on non-essential purchases. […]

Retail

Retailers must focus on quality control and Gen Z to win in secondhand market, says GlobalData

Consumers are increasingly turning to purchasing secondhand items, mainly driven by a desire to save money, with 72.6% of consumers citing this as a driver in a survey*. This, coupled with a period of high inflation has driven rapid growth in the secondhand market, creating increased competition for secondhand players and a need for retailers […]

Retail

UK shoppers set to spend £700m on Father’s Day this year, less than half the amount spent on Mother’s Day, says GlobalData

With retail spending on Father’s Day in the UK forecast to reach £695m in 2024, up 1.8% on 2023, retailers must kick off Father’s Day promotions earlier. The UK Father’s Day market is less than half the size of the UK Mother’s Day market, with the latter occasion being boosted by the amount spent on […]

Retail

Partnership with Reliance Retail will help ASOS to further tap into the lucrative Indian fashion market, says GlobalData

Following today’s news that ASOS is partnering with Reliance Retail in India; Pippa Stephens, Senior Apparel Analyst at GlobalData, offers her view: “Joining forces with Reliance Retail to boost its own-brand proposition in India will allow ASOS to better cater to the preferences and styles of local consumers, due to Reliance’s extensive expertise in the […]

Retail

Carpetright cyberattack reiterates the importance of cybersecurity investment, says GlobalData

Following the news that Carpetright has been impacted by a cyberattack which has prevented it from taking orders both instore and online since last Thursday (18 April); Matthew Walton, Senior Retail Analyst at GlobalData, a leading data and analytics company, offers his view: “The impact this attack has had on Carpetright’s current orders and its […]

Retail

Jason Tarry has the right retail expertise to help John Lewis Partnership succeed, says GlobalData

Following the news of ex-CEO of Tesco UK & Ireland, Jason Tarry, announced as replacing Dame Sharon White as chair of John Lewis Partnership. Zoe Mills, Lead Retail Analyst at GlobalData, comments: “Jason Tarry was at the helm of Tesco during the crucial development of its Clubcard loyalty scheme, taking the discounters head-on and creating […]

Retail

Shein became the world’s largest apparel retailer in 2023 as it proves unbeatable on price and speed, says GlobalData

Following today’s news that Shein’s profits doubled in 2023; Louise Deglise-Favre, Apparel Analyst at GlobalData, a leading data and analytics company, offers her view: “Shein continues to achieve phenomenal growth, with its gross merchandise value reportedly rising to around $45bn in 2023, up from reportedly $30bn in 2022, while its profits more than doubled to […]

Retail

Easter spending expected to rise to £1.9 billion as more UK consumers intend to participate in festivities, says GlobalData

UK consumers are set to spend £1.9 billion this Easter, a 4.0% increase on 2023. Spend on Easter food and drink is expected to drive the uplift as consumers plan to splash out, feeling less restricted by financial pressures amid the cost-of-living crisis, according to a report from GlobalData, a leading data and analytics company. […]

Retail

Next would be best placed to snap up Ted Baker as it can build on existing licensing partnership, says GlobalData

Following today’s news that Ted Baker filed a notice to appoint Teneo Financial Advisory as administrators, 18 months after being acquired by Authentic Brands Group; Louise Deglise-Favre, Apparel Analyst at GlobalData, offers her view: “Ted Baker has long been financially struggling, due to the brand’s inability to modernize and adapt its offering and image to […]

Retail

Frasers Group lacked online luxury expertise to easily turnaround Matches, says GlobalData

Following the news that Frasers Group has put Matches into administration two months after its c£50m acquisition in December 2023; Alice Price, Apparel Analyst at GlobalData, a leading data and analytics company, offers her view: “Frasers Group’s decision to shutter Matches so shortly after it acquired the business suggests it underestimated the scale of investment […]

Retail

As the luxury market softens brands and retailers could turn to younger generations and international travelers in search of growth, says GlobalData

As sales of luxury goods soften following a pandemic-era surge, with core consumers now cutting back on their spending, luxury brands and retailers will have to work harder for growth and look for new opportunities Since the COVID-19 pandemic, the global luxury market has been booming. In 2023 the luxury market in the US alone […]

Retail

Halfords’ profit warning highlights weak retail proposition, says GlobalData

Following the news that Halfords now expects its pre-tax profits to fall in the range of £35m and £40m, significantly below its prior guidance of £48m and £53m: Jamel Boughedda, Associate Analyst at GlobalData, a leading data and analytics company, offers his view: “The retailer had already narrowed its profit guidance in its interim results […]

Retail

Mother’s Day spend to increase despite UK shoppers trading down, says GlobalData

UK shoppers are set to spend £1.7bn on Mother’s Day this year, a 1.1% increase on 2023, as over half of consumers intend to purchase an item to celebrate the occasion, though price remains a main concern, according to the UK Mother’s Day Intentions 2024 report from GlobalData, a leading data and analytics company. However, […]

Retail

Reintroducing tax-free shopping in the UK will aid the recovery of luxury fashion, says GlobalData

Following the news that the UK government is considering reinstating tax-free shopping for tourists: Pippa Stephens, Senior Apparel Analyst at GlobalData, a leading data and analytics company, offers her view: “If the government were to reinstate tax-free shopping for tourists visiting the UK, it would be a welcome relief to brands and retailers across the […]

Retail

Unexpected bid for Currys would enable JD.com to compete with Amazon in the UK, says GlobalData

Following the news that JD.com is in the early stages of making an offer for Currys after the retailer rejected a bid from US investment firm Elliott, leading to Currys’ share price rising by over 30% today; Emily Salter, Lead Analyst at GlobalData, offers her view: “Although Currys’ UK electricals market share has fallen significantly […]

Prev 1 2 3 4 5 6 … 36 Next

The loss of relevance of Ted Baker’s designs was its ultimate downfall, says GlobalData

Aldi set to displace ASDA as UK’s third biggest grocer in next five years, says GlobalData

Luxury slowdown puts a spotlight on the importance of strong brand equity, says GlobalData

Pressure to improve its practices ahead of a London IPO will help to bolster Shein’s brand perceptions, says GlobalData

Retail won’t see an immediate boost from a Starmer government’s policy agenda, says GlobalData

DFS profit warning reiterates difficult upholstery market, says GlobalData

Retailers must focus on quality control and Gen Z to win in secondhand market, says GlobalData

UK shoppers set to spend £700m on Father’s Day this year, less than half the amount spent on Mother’s Day, says GlobalData

Partnership with Reliance Retail will help ASOS to further tap into the lucrative Indian fashion market, says GlobalData

Carpetright cyberattack reiterates the importance of cybersecurity investment, says GlobalData

Jason Tarry has the right retail expertise to help John Lewis Partnership succeed, says GlobalData

Shein became the world’s largest apparel retailer in 2023 as it proves unbeatable on price and speed, says GlobalData

Easter spending expected to rise to £1.9 billion as more UK consumers intend to participate in festivities, says GlobalData

Next would be best placed to snap up Ted Baker as it can build on existing licensing partnership, says GlobalData

Frasers Group lacked online luxury expertise to easily turnaround Matches, says GlobalData

As the luxury market softens brands and retailers could turn to younger generations and international travelers in search of growth, says GlobalData

Halfords’ profit warning highlights weak retail proposition, says GlobalData

Mother’s Day spend to increase despite UK shoppers trading down, says GlobalData

Reintroducing tax-free shopping in the UK will aid the recovery of luxury fashion, says GlobalData

Unexpected bid for Currys would enable JD.com to compete with Amazon in the UK, says GlobalData

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