Sofie Willmott
International News
Face mask requirement is yet another blow for non-essential retailers, says GlobalData
Face masks will be compulsory in England’s shops from July 24, 2020.
Sofie Willmott, Lead Retail Analyst at GlobalData, a leading data and analytics company, offers her view on this news; “Shopping for non-essential items is already less appealing than...
Fashion
Burberry better positioned to face COVID-19 thanks to digital expertise
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...
Fashion
Additional two-week delay in opening is another blow for clothing & footwear retailers
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...
Fashion
Gucci’s retreat from catwalk shows will put the brakes on fast fashion
Gucci is stepping away from the traditional luxury fashion catwalk calendar and cutting its shows from five to two per year.
Sofie Willmott, Lead Retail Analyst at GlobalData, a leading data and analytics company, offers her view on this news;...
International News
Footfall set to shift towards high-streets when non-essential stores reopen, says GlobalData
As retailers begin to open UK stores from the beginning of June (at the earliest), they can expect to see a shift in footfall with consumers more willing to visit town centres as opposed to other shopping destinations, says...
International News
COVID-19 will cause global retail spend to fall by US$ 549.7bn in 2020, says GlobalData
With almost 3 million cases of coronavirus worldwide and numerous countries enforcing lockdowns, global retail spend is anticipated to fall 3.0 percent in 2020, equating to US$ 549.7bn, in comparison to a previously expected rise of 5.0 percent prior...
International News
Fashion failures have more chance of revival without store portfolio
Investment firm Gordon Brothers has acquired the rights to the Laura Ashley brands but its 147 stores are not included in the deal.
Sofie Willmott, Lead Analyst at GlobalData, a leading data and analytics company, offers her view on this...
Food
Grocers not immune from decimated demand for clothing & footwear
ASDA is reducing payments to suppliers on a quarter of its clothing orders. Sofie Willmott, Lead Analyst at GlobalData, a leading data and analytics company, offers her view on this news:
“As the fourth biggest player in the UK clothing...
International News
Wide assortment and strong online channel offers protection to John Lewis & Partners
John Lewis & Partners has recently released 5 and 12 week figures for weeks ending April 18, 2020.
Commenting on the same, Sofie Willmott, Lead Retail Analyst at GlobalData, said, “Although it is in a better position than many other...
International News
Nosedive in UK consumer confidence will be unwelcome news for retailers, says GlobalData
The UK future sentiment index plummeted in April to the lowest level seen since tracking began in April 2012, pulled down by pessimistic feeling around the future of the UK economy and bringing bad news for retailers that will...
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Latest News
Amazon, India Post sign MoU to boost nationwide delivery capabilities
Under the MoU, Amazon and India Post will synchronise operations to maximise efficiencies, optimise resource utilisation, and explore capacity...
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