GlobalData

43.7 percent of consumers globally stated that they are spending more time on social media due to the coronavirus outbreak. Brands need to capitalise on this increased social media activity to promote purchasing and build shopper loyalty in a...

Card payments in New Zealand will continue to rise at the expense of cash amid COVID-19 outbreak, though at a slower pace, says GlobalData, a leading data and analytics company. GlobalData’s revised-forecasts for New Zealand predict that card payments will...

Forecasts suggest that COVID-19 will wipe off US$297bn from the global apparel market in 2020, a 15.2 percent decline on 2019. The US (largest apparel market) will account for 42 percent of all lost spend, which will contribute to...

Singapore, one of the fastest growing e-commerce markets in South East Asia, has experienced a surge in e-commerce transactions post the outbreak of COVID-19 pandemic. The rise in consumer preference for online purchases during the outbreak will have a...

Most of the top 25 publicly traded global retailers by market capitalization (MCap) reported quarter-on-quarter (QoQ) declines for the first quarter (Q1) ending 31 March 2020, with Amazon and JD.com being exceptions, according to GlobalData, a leading data and...

Retail sales in India are now forecast to reach Rs 66,394 bn (US$878.4bn) in 2020 (post-COVID estimates) compared to Rs 64,892bn in 2019, a growth of 2.3 percent compared to the original forecast of 12.4 percent, according to GlobalData,...

As China emerges from the lockdown restrictions, 56.0 percent of Chinese consumers are buying food and grocery online more frequently than before, says GlobalData, a leading data and analytics company. Thomas Brereton, Retail Analyst at GlobalData, comments: “The impact of...

Burberry has released FY figures for 2019/20. Sofie Willmott, Lead Retail Analyst at GlobalData, a leading data and analytics company, comments: ‘‘Burberry’s full year performance was significantly impacted by the pandemic originating in its biggest market, APAC, however it is...

The UK government has set out plans for non-essential retailers to open stores from June 15. Sofie Willmott, Lead Retail Analyst at GlobalData, a leading data and analytics company, offers her view on this news; “Non-essential retailers whose stores have been...

Indian conglomerate Reliance Industries is launching a grocery delivery app under the banner Jiomart in 200 towns and cities across India Thomas Brereton, Retail Analyst at GlobalData, a leading data and analytics company, offers his view on the situation: “Ultra-convenience...