GlobalData
GlobalData

Retail

Mohsin Issa’s decision to retreat from ASDA’s helm a step in the right direction for the struggling grocer, says GlobalData

Following the news that ASDA co-owner Mohsin Issa will step back from his executive leadership role, and that Lord Stuart Rose will assume Mohsin’s executive responsibilities alongside Rob Hattrell, a Director on the ASDA board with experience at eBay Europe as Senior Vice President: Eleanor Simpson-Gould, Senior Retail Analyst at GlobalData, offers her view: “The […]
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John Lewis throws down gauntlet to 25 competitors with relaunch of Never Knowingly Undersold price promise, says GlobalData

Following the news that John Lewis has announced the reintroduction of its Never Knowingly Undersold (NKU) price promise; Zoe Mills, Lead Retail Analyst at GlobalData, a leading data and analytics company, offers her view: “The resuscitation of its NKU price promise, coupled with an updated narrative on its proposition, highlights a return to its roots […]
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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 […]
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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 […]
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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 […]
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