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Sector Analysis
United Kingdom (UK) Valentine’s Day – Analyzing Market, Trends, Consumer Attitudes and Major Players, 2024 Update
United Kingdom (UK) Valentine’s Day Market Report Overview The proportion of UK consumers shopping for Valentine’s Day has declined in 2024. Muted interest in spending on retail has significantly contributed to the decline in Valentine’s Day shopping. The other key factor influencing the decline is the diminishing significance of Valentine’s Day. As consumers continue to feel the impact of inflation, over 50% of consumers agree that the cost-of-living crisis has reduced spending for the occasion. They are more likely to...
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Consumer Insights
Cost Pressures – Shopping Trends and Consumer Insights
Cost Pressures Market Report Overview Consumers across the globe are pessimistic about their country’s economic scenario over the next six months. However, a significant part of the population believe the economies to decline in the coming years. The economic adversities will adversely impact retail spending as consumers plan to cutback on costs. Retailers should opt for cost-effective alternatives, with a focus on promoting value for money, to drive retail spending. Consumers are changing their purchasing patterns in response to inflationary...
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Sector Analysis
NewUnited Kingdom (UK) Easter Market Analysis, Trends, Consumer Attitudes and Buying Dynamics, 2024 Update
United Kingdom (UK) Easter Market Report Overview The proportion of consumers agreeing that they did more Easter activities this year versus last year waned in 2024, as consumers opted for other activities during the long weekend. However, among those consumers with children, participation remained high, with over 62% of consumers with their youngest child being between 0-4 years of age agreeing that they did more Easter-related activities this year. As a result, retailers promoted various activities to encourage participation in...
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Sector Analysis
United Kingdom (UK) Retail Occasions Market by Sector, Size, Share and Growth Analysis to 2023
Reasons to buy the ‘UK Retail Occasions’ market report: The report offers a comprehensive overview of the market size for key occasions from 2018-2023. These key occasions are Valentine's Day, Mother's Day, Easter, Father's Day, summer holidays, back to school, Halloween, Black Friday, and Christmas. The report analyses the market growth and the market shares of the top five retailers for each key occasion overall, and for core categories. How is our ‘UK Retail Occasions’ report unique from other reports...
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Company Insights
Innovation and Patenting activity of Marks and Spencer Group plc Q1 2024
GlobalData, the industry analysis specialist, has released its latest company patent databook "Innovation and Patenting activity of Marks and Spencer Group plc Q1 2024". The databook highlights patenting activity of the company in terms of growth in filings and grants, regions protected, impact of various themes, sector applicability of technologies protected. It provides contextual analysis of technical peers, their strategy, dominance (Grant share) and their recent activities. This is an on-demand databook that will be delivered upon request. The report...
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Sector Analysis
United Kingdom (UK) Accessories Market Analysis, Trends, Consumer Preferences and Forecast to 2027
United Kingdom (UK) Accessories Market Report Overview The United Kingdom (UK) accessories market size was £5.9 billion in 2023. The market is expected to grow at a CAGR of more than 2% during 2023-2027. Even though inflationary pressures led consumers to cut back on fashion spend due to higher prices and less discretionary income, the high presence of luxury goods within the fashion sector allowed accessories to achieve slightly stronger growth than clothing and footwear. UK Accessories Market Outlook, 2023-2027...
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Analyst Opinions
Top Trends in the Apparel Market for 2024
Top Trends in Apparel Market Overview The Top Trends in the Apparel Market for 2024 report includes an analysis of key factors impacting the global apparel market in 2024. The major trends in the apparel market are inflation, mergers and acquisitions, the outperformance of online channels, the importance of value for money, and market polarization among others. Top Trends · Inflation · Mergers and Acquisitions · The Outperformance of Online Channels · Importance of Value for Money · Market Polarization...
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Sector Analysis
United Kingdom (UK) Mother’s Day Market Analysis, Trends, Consumer Attitudes and Buying Dynamics, 2024 Update
United Kingdom (UK) Mother’s Day Market Report Overview The report suggests that over a third of male consumers agreed they spend more on taking their mother for a meal than buying a tangible gift. Indeed, if retailers cannot make gifting selections more appealing, consumers will turn to leisure over retail to mark the occasion. Therefore, retailers must promote experience gifts, which grew in popularity this year to compete with leisure options, such as dining out. The UK Mother’s Day market...
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Sector Analysis
United Kingdom (UK) Christmas – Analysing Buying Dynamics, Channel Usage, Spending and Retailer Selection
UK Christmas Retail Market Overview The proportion of consumers shopping for Christmas increased in 2023. A third of consumers stated that they started Christmas shopping earlier last year compared to the previous year. Among these consumers, most of them stated that this was to spread the cost of the occasion to feel better prepared for Christmas this year. Consumers also leveraged finance options such as Buy Now Pay Later for cost spreading. The UK Christmas market research report offers a...