Archive

‘Christmas dinner box’ now a reality in 2020’s COVID-Christmas

Amid the throes of COVID-Christmas, it seems consumers are unlikely to head out for their Christmas dinner this year - with 68%* of UK consumers...

04 December, 2020

Aldi’s Deliveroo experiment reveals Christmas e-commerce potential for discounters

As e-commerce and delivery ramp up - due to Christmas, COVID-19 and lockdowns - German discounter, Aldi, has expanded its tie-up with Deliveroo to almost 130 of its 900 stores in...

04 December, 2020

EFL £250m rescue package is merely a drop in the ocean for the Premier League

Following the news that the Premier League is providing a £250m support package to the English Football League (EFL); Conrad Wiacek, Head of Sports Analysis for GlobalData, a leading data and analytics company, offers his view: “While the £250m support package is welcome, more financial support would be highly beneficial. With Premier League teams generating over £1.46bn in revenue from sponsorship...

04 December, 2020

Canada sets out COVID-19 plans to vaccinate a majority by September 2021

Following Prime Minister Justin Trudeau’s announcement of Canada’s vaccination schedules; James Spencer, Pharma Analyst at GlobalData, a leading data and analytics company, offers his view: “With the...

04 December, 2020

Electrified cars exceeding diesels and going mainstream in UK car market

Following the news that the UK's new car market was down 27.4% in the month of November, according to data released by the Society of...

04 December, 2020

China and casualwear cushion the blow for PVH

Following today’s release of PVH figures for Q3 FY2020; Gemma Boothroyd, Retail Analyst at GlobalData, a leading data and analytics company, comments: “PVH Corp. saw performance improve...

04 December, 2020

Nestlé’s €3.58bn plan to halve carbon emissions by 2030 suggests overall industry shift

Following today’s news that Nestlé has set out a €3.58bn (US$4.34bn) plan to halve carbon emissions by 2030, and to be net zero by 2050; Ryan Whittaker, Consumer Analyst at GlobalData, a leading data and analytics company, offers his view: “Nestlé’s ambitious plans...

03 December, 2020

BioNTech/Pfizer COVID-19 fast vaccine approval translates into less logistical challenges for the UK

Following recent news that the UK will become one of the first countries in the Western world to authorize a COVID-19 vaccine; Urte Jakimaviciute, Senior Director...

03 December, 2020

Biogen collaboration with Sage Therapeutics shows promise for novel MDD treatment

Following the news that Biogen have entered into a licensing agreement with Sage Therapeutics to jointly develop and commercialize zuranolone (SAGE-217) and SAGE-324; Philippa Salter, Neurology...

03 December, 2020

Regenerative medicine market to reach $16.4bn in 2026 driven by gene and cell therapies

The field of regenerative medicine (RM) is rapidly expanding as there are currently 53 marketed RM products and 175 RM pipeline agents in development in...

03 December, 2020

Rolls-Royce strengthens position in global naval gas turbine market worth US$446.2m by 2029

Following the news that Rolls-Royce engines have been selected to power the South Korean Navy’s Ulsan-class FFX Batch III frigates; Captain Nurettin Sevi, Turkish Navy, Defense...

03 December, 2020

Grab, Gojek seem to set aside rivalry to counter growing competition from Sea across Southeast Asia, says GlobalData

Following the news that Southeast Asia’s two most valuable start-ups Grab Holdings (Grab) and Gojek are in talks to merge their businesses; Aurojyoti Bose, Lead...

03 December, 2020

ENT market set to fully recover from COVID-19 pandemic in 2021 and exceed market value of $10.6bn by 2025

The ear, nose and throat (ENT) medical device market has been significantly impacted by the COVID-19 pandemic, as mass closures of ENT clinics and postponement...

02 December, 2020

Following landmark approval, Pfizer and BioNTech can use UK as test bed for cold chain distribution

Following the news that Pfizer/BioNTech’s COVID-19 vaccine BNT162b2 received emergency use approval from UK health authorities; Philipp Rosenbaum, PhD, Senior Infectious Diseases Analyst at GlobalData, a...

02 December, 2020

Lifetime diagnosed prevalent cases of asthma in 7MM set to surpass 89 million in 2029

The burden of diagnosed asthma is expected to increase at a compound annual growth rate (CAGR) of 0.31% from around 86.7 million cases in 2019...

02 December, 2020

Bladder cancer therapeutics market projected to exceed $5.5bn by 2028

The bladder cancer therapeutics market was valued at $670m in 2018 across the seven major markets (7MM*) and is expected to grow exponentially at a...

02 December, 2020

Influenza cases down from last year in the US but COVID-19 increases the risks

In the Northern Hemisphere, flu season is beginning in conjunction with the COVID-19 pandemic, however, influenza-like activity remains low in the US, with 40% fewer cases...

02 December, 2020

China to see over 14,400 diagnosed incident cases of acute lymphocytic leukemia by 2029 – the highest in the 8MM

The number of diagnosed incident cases of acute lymphocytic leukemia (ALL) in the eight major markets (8MM*) is projected to increase from 23,729 in 2019...

02 December, 2020

Eat Just’s lab-grown meat regulatory approval important milestone in tackling consumers’ environmental footprint, says GlobalData

Following today’s news (Wednesday 2 December) that Singapore’s food regulators have approved the sale of Eat Just’s lab-grown meat; Ryan Whittaker, Consumer Analyst at GlobalData, a leading data and analytics...

02 December, 2020

UK foodservice to see critical boost should Pfizer’s COVID-19 vaccine come to fruition, says GlobalData

Following today’s news (Wednesday 2 December) that the UK has approved the COVID-19 Pfizer vaccine; Carmen Bryan, Consumer Analyst at GlobalData, a leading data and analytics company, offers her view on how...

02 December, 2020

All talk no action from US firms looking to nearshore garment production, says GlobalData

Garment factories close to the US looking to steal share from China makers must address fabric production infrastructure and expand into more categories if they hope to convince brands to relocate, says GlobalData, a leading data and analytics company. The...

02 December, 2020

Novartis’ registration of head-to-head psoriatic arthritis clinical trial begins the battle for second place,

Novartis recently registered a Phase III psoriatic arthritis (PsA) clinical trial of its IL-17 inhibitor Cosentyx (secukinumab) compared against Johnson & Johnson’s Stelara (ustekinumab). The...

02 December, 2020

Medtronic’s Q3 recovery bodes well for Q4 and beyond but elective neuromodulation procedures may be bump in road

Following the recent release of Q3 financial information from Medtronic; Dominic Tong, Medical Device Analyst at GlobalData, a leading data and analytics company, offers his view: “Medtronic’s...

02 December, 2020

Eat Just’s lab-grown meat regulatory approval important milestone in tackling consumers’ environmental footprint

Following today’s news (Wednesday 2 December) that Singapore’s food regulators have approved the sale of Eat Just’s lab-grown meat; Ryan Whittaker, Consumer Analyst at GlobalData, a leading data and analytics...

02 December, 2020

Around three quarters of North American midstream projects that got impacted are in the US

Over 70% of the total midstream projects that have been impacted are in the US. Consequently, several oil and gas companies with midstream operations have...

02 December, 2020

November vehicle sales in India maintain positive trend riding on healthy festive demand, says GlobalData

Following the news that automaker Maruti Suzuki reported 1.7% year-on-year (yoy) growth in November 2020 vehicle sales; Bakar Sadik Agwan, Senior Automotive Consulting Analyst at GlobalData,...

02 December, 2020

BAE’s Next Generation Munitions Solution agreement provides much-needed reassurance to UK defense, says GlobalData

Following the news that BAE Systems has received a £2.4bn munitions contract, the Next Generation Munitions Solution (NGMS); Harry Boneham, Associate Analyst at GlobalData, a leading data...

01 December, 2020

The collapse of Debenhams and the Arcadia group was inevitable

Following the news that Arcadia has fallen into administration, and that Debenhams it set to close all its stores; Pippa Stephens, Retail Analyst at GlobalData, a...

01 December, 2020

Strong demand for decorative DIY strengthens Topps’ performance

Following today’s release of Topps Tiles FY figures for FY2019/20; Georgina Sreeves, Retail Analyst at GlobalData, a leading data and analytics company, comments: “Topps Tiles is a beneficiary of consumers decorating their...

01 December, 2020

Cargo businesses could be the lifeline airline operators need with mentions of ‘cargo’ in earnings transcripts rising 18% in 2020, says GlobalData

The online shopping boom during the holiday season and the need for vaccine delivery could help airliners mitigate losses in Q4 2020 via their cargo business. In fact, mentions of the word ‘cargo’ and related keywords have grown by around 18% in 2020* as this emerged as...

01 December, 2020

Vietnam activates renewable development spree, solar and wind to outshine others as cost declines, says GlobalData

The Vietnamese renewables industry has been gaining traction lately as the country considers renewable energy to play a pivotal role in achieving the optimistic Power...

01 December, 2020

Motor Vehicle Aggregators Guidelines 2020 conducive for long-term shared mobility growth in India, says GlobalData

Following the news that the Ministry of Road Transport & Highways in India has issued Motor Vehicle Aggregators Guidelines 2020 to regulate cab aggregators in...

01 December, 2020

Acute lymphocytic leukemia market is forecast to reach $2.26bn by 2029

The acute lymphocytic leukemia (ALL) market has enjoyed explosive growth since 2015 and is expected to increase further, albeit at a slower pace, from $1.46bn...

30 November, 2020

US cannot wait on vaccines to curb pandemic as COVID-19 cases trend towards 100 million by July 2021

If the current trend in US COVID-19 cases continue, over 30% of the US population will have contracted the virus by July 2021, according...

30 November, 2020

Conagra’s job postings spike amid increasing at-home consumption

Conagra’s active jobs increased from over 200 in April to around 400 in October 2020, according to the Job Analytics database by leading data and...

30 November, 2020

COVID-19 is threatening value of Premier League’s media rights ahead of next three-year cycle due to begin in 2022, says GlobalData

The deflationary impact of COVID-19 on sports rights is posing a significant threat to the value of the Premier League’s media rights, ahead of its selling process for the next three-year cycle of TV rights due to run from 2022–25, with an overall drop in value a real possibility, according to GlobalData, a leading data and analytics company. According to GlobalData’s...

30 November, 2020

Premier League’s ‘Big Six’ generates four times as much sponsorship revenue than remaining 14 Premier League teams over 2020/21 season

The ‘Big Six’* have created a division in the Premier League, as they dominate 81% of sponsorship revenue. This highlights the growing commercial gap in the Premier League, which will likely see the rest...

30 November, 2020

A break up of Arcadia’s brands is the only way for survival

Following the news that the Arcadia Group is on the brink of administration; Chloe Collins, Senior Retail Analyst at GlobalData, a leading data and analytics company,...

30 November, 2020

Singapore’s ‘Travel Revive’ could be demonstrable example for MICE tourism recovery, says GlobalData

Singapore will not be able to rely on domestic tourism as only 176,000 domestic trips took place in 2019 when compared to 14.5 million international...

30 November, 2020

Temporary Chinese tariffs will severely impact Australia’s wine exports, says GlobalData

Following the news that China has announced tariffs of up to 200% on Australian wine from 28 November 2020; Ryan Whittaker, Consumer Analyst at GlobalData,...

30 November, 2020

China aims to level up key technical capabilities to rid US dependency, says GlobalData

China has a US$1.4 trillion state program to support R&D in key enabling technologies over the next five years to rid itself of dependency on...

30 November, 2020

China pulls ahead in immuno-oncology with highest PD-1/PD-L1 combination clinical trials growth, reveals GlobalData

China recorded the highest year-on-year increase in the number of clinical trials initiated investigating PD-1/PD-L1 targeted combination immuno-oncology therapies across the eight major markets (8MM*)...

30 November, 2020

Time is almost up for Arcadia’s dated brands

The Arcadia group is reportedly on the brink of administration. Sofie Willmott, Content Head of Apparel at GlobalData, a leading data and analytics company, offers her...

27 November, 2020

Purina PetCare drives new job postings at Nestle

Nestle’s Purina PetCare segment job postings increased by 168% between Q1 and Q3 of 2020 in contrast to the overall hiring trend that witnessed a decline during the same period, according...

27 November, 2020

Over $211m Premier League sponsorships at risk from COVID-19

An analysis of Premier League sponsorship deals shows that the two biggest spending sectors in terms of shirt sponsorship - airlines and automotive manufacturers with deals estimated to...

27 November, 2020

COVID-19 most mentioned trend among top 10 health and wellness influencers on Twitter ranked by GlobalData during Q3 2020

COVID-19, nutrition and mental health emerged as the most mentioned trends among the health and wellness influencer discussions on Twitter during the third quarter (Q3)...

27 November, 2020

Premium beauty to see Black Friday boost, but brands must ensure virtual safety as online fraud increases

With lockdown measures in flux globally the Black Friday event will take place almost entirely online this year. Consumer risk-aversion is further driving this shift, as *177% of global consumers are concerned about visiting stores and...

27 November, 2020

Phase III data for Omecamtiv Mecarbil and Finerenone demonstrates reduced risk of cardiovascular events at AHA conference

A record number of late-breaking trials were submitted to the Annual Scientific Sessions of the American Heart Association (AHA) this year and unsurprisingly, a key...

27 November, 2020

Pancreatic ductal adenocarcinoma diagnosed incident cases set to reach 225,000 in 2029

The burden of diagnosed pancreatic ductal adenocarcinoma (PDAC) is expected to increase at an annual growth rate (AGR) of 2.60% from around 180,000 cases in...

27 November, 2020

European oil companies lead way in renewable strategy with top six having over 28GW capacity in pipeline

European international oil companies (IOCs) are leading the way in terms of progressing strategies for renewable power growth, ahead of US players that have not,...

27 November, 2020

Machine learning most mentioned trend among top 10 AI influencers on Twitter ranked by GlobalData during Q3 2020

Machine learning, bigdata and data science emerged as the most mentioned trends among the artificial intelligence (AI) influencer discussions on Twitter during the third quarter...

27 November, 2020

Pay-TV services revenue in New Zealand to decline at 3.1% CAGR over next five years, forecasts GlobalData

Despite the steady growth in overall subscriptions, the total pay-TV services revenue in New Zealand will decline by a compound annual growth rate (CAGR) of...

27 November, 2020

Textile waste must be fashion industry’s next raw material

The COVID-19 pandemic has acted to further galvanise consumers in demanding more responsible products and fashion firms already have the necessary tools at hand, writes GlobalData, a...

26 November, 2020

Lavazza launches strategic premium coffee subscription targeting 22% of Brits who are buying more coffee than before the COVID-19 pandemic

With only *one in five UK consumers planning to continue to work from home post-COVID-19, rather than heading into the office, Lavazza’s strategic launch of Lavazza Blue, an office-focused coffee subscription service, will secure the brands position in the office “coffee hour” space as...

26 November, 2020