GlobalData

Amazon, Alibaba, Wayfair, and Pinduoduo all saw revenues jump more than 30 per cent last year as the ecommerce sector exploded in popularity.

9 out of 10 of the world’s largest ecommerce companies saw double-digit growth last year

July 7, 2021

Amazon, Alibaba, Wayfair, and Pinduoduo all saw revenues jump more than 30 per cent last year as the ecommerce sector exploded in popularity. According to new figures from GlobalData, nine…

Sainsbury’s rapid online shift should be “lauded” according to analysts, despite the retailer posting a £261 million loss over the past year.

Sainsbury’s should be “lauded” for rapid expansion of online grocery despite £261m loss, say analysts

Ecommerce

GlobalData Sainsbury's Thomas Brereton

April 28, 2021

Ben Stevens

No Comments

Sainsbury’s rapid online shift should be “lauded” according to analysts, despite the retailer posting a £261 million loss over the past year. The UK’s second largest grocer revealed a pre-tax…

Boohoo saw its shares dip around seven per cent today despite posting runaway sales growth of 41 per cent last year.

Boohoo’s “modern slavery” allegations have had no meaningful impact on reputation say analysts

Companies Ecommerce

Berenberg Boohoo GlobalData Missguided Primark

March 16, 2021

Ben Stevens

No Comments

Boohoo has remained largely unscathed by the ongoing controversies surrounding its supply chain, according to analysts. This week The Times, which published the damning expose into working conditions at Boohoo’s…

H&M has “paid the price for being late to the party online” this year seeing its full year sales drop nearly 20 per cent.

H&M “paid the price for being late to the online party” in 2020 according to experts

Ecommerce Industry

GlobalData H&M Inditex Primark

December 16, 2020

Ben Stevens

No Comments

H&M has “paid the price for being late to the party online” this year seeing its full year sales drop nearly 20 per cent. According to GlobalData’s retail analyst Emily…

Lululemon is set to launch a new resale platform enabling shoppers to trade in “gently used” clothing in over 80 participating stores.

Lululemon online sales account for 43% of sales in 3rd quarter

Companies

athleisure Calvin McDonald GlobalData Lululemon

December 11, 2020

Ben Stevens

No Comments

Lululemon has smashed analysts’ expectations over its third quarter thanks to a dramatic rise in online sales, which now account for over 40 per cent of its total revenue. The…

A new “clothing trade adjudicator” could soon be introduced in the UK to monitor large fashion retailers’ relationships with their suppliers.

Retailers need to provide proof of sustainability claims as shoppers “no longer willing to take them at face value”

Industry Sustainable Tech

fashion GlobalData green Hannah Abdulla sustainability

October 23, 2020

Ben Stevens

No Comments

Fashion retailers claiming to prioritise sustainability will have to start providing evidence to convince consumers who are “no longer willing to take green efforts at face value”. According to leading…

The coronavirus pandemic has given retailers “a once-in-a-lifetime opportunity” to embrace digital technologies and restore shoppers’ confidence in physical stores.

Coronavirus crisis has given “a once-in-a-lifetime” opportunity for retailers to adopt digital technology

Industry

Asda Coronavirus Decathlong GlobalData Kroger Lidl

July 8, 2020

Ben Stevens

The coronavirus pandemic has given retailers “a once-in-a-lifetime opportunity” to embrace digital technologies and restore shoppers’ confidence in physical stores. According to GlobalData’s disruptive tech analyst Venkata Naveen, retailers around…

ThredUp is preparing to go public and hopes to raise between $200 million and $300 million in an initial public offering (IPO) next year.

70% of consumers would now shop secondhand as resale market set to hit $64bn by 2025

Industry Sustainable Tech

GlobalData resale secondhand ThredUp

June 25, 2020

Ben Stevens

No Comments

The resale clothing market is set to more than double to $64 billion in the next five years as more shoppers are willing to buy second hand. Over two thirds…

Social media is set to “play an even more important role” for retailers post COVID-19 providing a cost-effective form of marketing for cash-strapped companies.

Social media to play “even more important role” for retailers post pandemic

Industry News Social Media

COVID 19 Emily Salter GlobalData pandemic social media

June 10, 2020

Ben Stevens

No Comments

Social media is set to “play an even more important role” for retailers post COVID-19 providing a cost-effective form of marketing for cash-strapped companies. According to retail analytics giant GlobalData,…

Retailers must “redefine business models” and integrate more technology into their operations if they are to survive the COVID-10 pandemic, according to GlobalData

Crisis will see “large number of retail failures” if shops to not embrace new technology

Industry News Virtual Reality

China Converse GlobalData LVMH Technology Weibo

June 3, 2020

Ben Stevens

No Comments

Retailers must “redefine business models” and integrate more technology into their operations if they are to survive the COVID-10 pandemic, according to GlobalData. The data and analytics company has warned…

GlobalData

9 out of 10 of the world’s largest ecommerce companies saw double-digit growth last year

Sainsbury’s should be “lauded” for rapid expansion of online grocery despite £261m loss, say analysts

Boohoo’s “modern slavery” allegations have had no meaningful impact on reputation say analysts

H&M “paid the price for being late to the online party” in 2020 according to experts

Lululemon online sales account for 43% of sales in 3rd quarter

Retailers need to provide proof of sustainability claims as shoppers “no longer willing to take them at face value”

Coronavirus crisis has given “a once-in-a-lifetime” opportunity for retailers to adopt digital technology

70% of consumers would now shop secondhand as resale market set to hit $64bn by 2025

Crisis will see “large number of retail failures” if shops to not embrace new technology

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