Set to be the worst hit sector by the COVID-19 pandemic, UK clothing & footwear spend is anticipated to plummet in 2020, falling 26.1 percent versus 2019, says GlobalData, a leading data and analytics company.
Chloe Collins, Senior Retail Analyst...
Since the UK Government enforced stores to close for the foreseeable future, many non-food retailers hoped that customers would divert spend onto their online channels.
However, last week, Next – the UK’s third largest clothing retailer – announced that it...
Following the decision by UK clothing retailer Next to shut its online operations down, Patrick O’Brien, UK Retail Research Director at GlobalData, a leading data and analytics company, offers his view:
“Next’s decision is likely to reverberate across the retail...
Every year, leading valuation and strategy consultancy Brand Finance values the brands of thousands of the world’s biggest companies. Brands are first evaluated to determine their power/ strength (based on factors such as marketing investment, familiarity, loyalty, staff satisfaction...