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GlobalData

GlobalData Archives

Gap CEO walks the plank as Old Navy’s woes worsen

“As much as this is unavoidable, the lack of a CEO at the helm is not ideal at a time when Gap is navigating some very c...

Apac tipped to fuel global airport retail market recovery

The data company said the growth will be driven by the increase of retail space and passenger numbers as cross-border tr...

Australian online sales tipped to reach $91.5 billion in 2025

Australia’s e-commerce market is projected to reach $91.5 billion in 2025, according to research house GlobalData. 

Amazon to test department stores in offline expansion

Department stores' share of the US retail market is at a record low, but Amazon sees an opportunity.

China, South Korea’s support of duty-free retail “a blessing”: GlobalData

“As international travel has come to a standstill on the back of Covid-19 pandemic, the sales prospects of duty-free ret...

Research suggests BNPL trend will disrupt e-commerce payments across Apac

Covid-19 has adversely affected consumers’ disposable income, resulting in rising demand for consumer financing and grow...

Almost three in four people are drinking less alcohol in APAC: GlobalData

A third are likely to replace them with products which claim to have a positive health impact.

Online spend to change “beyond this pandemic”: GlobalData

Thousands of Australians have been pushed online for the first time during the Covid-19 pandemic, which is beginning to ...

Coles reformatting 200 stores around convenience

Supermarket outlines future growth strategy around ready-made meals.

Asia-Pacific leads global convenience sector

A shift in consumer spending has encouraged sector transformation.

China retail poised to overtake the US

Turnover in the Chinese retail industry will eclipse that of the US later this year, according to analyses.

Tiffany sees earnings drop due to declining tourist spending

Decreased spending from Chinese tourists weighs on earnings.

Walmart updates guidance after strong quarterly results

Retailer reports a 43 per cent jump in e-commerce.

Tapestry lifts guidance on strong first quarter results

Parent company buying back third brand from local distributor.

Under Armour improves, but “not yet in full recovery mode”

Fitness brand has neither muscle, nor agility.

Amazon lifts quarterly income 1025 per cent

Online marketplace sees income rise to $2.88 billion in Q3.

Sears files for bankruptcy amid struggling sales

The long struggling retailer files for Chapter 11 bankruptcy.

Walmart posts mixed result

The US retailer saw ecommerce sales lift by 40 per cent in Q2.

Michael Kors delivers strong first quarter

Fashion retailer posts better than expected result.

Ivanka Trump fashion label to close down

The emperor's daughter has no clothes.