GlobalData

Clothing supply chains are unravelling fast as the fallout from the novel coronavirus (COVID-19) outbreak hits retailers and manufacturers across the world, writes GlobalData. From initial concerns over the disruption to deliveries of clothing from China, where the outbreak began,...

Total retail industry venture financing deals in January 2020 worth US$ 772.14m were announced globally, according to GlobalData’s deals database. The value marked a decrease of 24.6 percent over the previous month and a rise of 9.7 percent when compared...

China's retail industry saw a drop of 8.8 pc in overall deal activity during Q4 2019, when compared with the last four-quarter average, according to GlobalData’s deals database. A total of 31 deals worth US$ 3.21bn were announced in Q4...

On International Women’s Day, 81.6 percent of UK women interviewed by data and analytics company GlobalData are aware of this long-established event. When women were asked what retailers should do for the occasion, the responses included in-store events (24.3...

On the back of intensifying competition in the retail industry, customers have become more demanding when it comes to convenience and the shopping experience, as they know that they can always switch to another retailer for buying goods if...

Once again, Amazon has found a way to innovate itself: by going a bit more traditional. The company recently opened its first Amazon Go cashierless grocery store in Seattle—showing it can blend its innovative digital approach with the conventional...

Paytm announced its entry into social commerce in Feb 2020 with its MyStore functionality, after carrying out beta version of the app for a while. MyStore is Paytm’s second vertical into digital commerce after its Paytm Mall, an ecommerce...

Pep&Co has decided to pilot a wider range of its value children’s clothing in 50 stores, a move that will appeal greatly to consumers. According to a survey conducted by leading data and analytics company GlobalData, 52 pc of...

According to GlobalData’s pre-crisis forecast, the Asia-Pacific (APAC) duty-free sales are forecast to reach US$ 43.4bn in 2020, backed by high growth in countries such as China, India and South Korea. However, the recent coronavirus scare has dramatically altered...

The emergence of Asia-Pacific (APAC) as a global economic hub and popular tourist destination in the last decade along with a sharp rise in low cost air carriers has resulted in a swift growth of air travelers and investments...