GlobalData

Social media ‘coolness’ trumps sustainability for retail consumers

Social media’s influence over what is seen as cool is contributing to the growing trend of globalised retail, perhaps more…

Herbert Smith Freehills, AZB & Partners named top APAC legal advisors

In the latest legal advisers league table shared by GlobalData, Herbert Smith Freehills and AZB & Partners were recognised as leading legal advisors…

Shein set to be UK’s sixth largest apparel retailer by 2027

According to the dataset, Shein is expected to continue its "skyrocketing trajectory" to 2027, overtaking fast fashion rivals UK online…

Superdry reportedly considers debt options after years of ‘lacklustre’ results

According to Sky News, Superdry is considering its debt-raising options, shortly after the company warned that mild autumn weather had…

Signal: Upskilling in AI could be the next big requirement in fashion

Tank's AI & Me Report indicated that fashion is the most AI-ready industry with the "highest proportion" of AI-related roles…

New issue: Navigating apparel supply chain turmoil in 2024

As the apparel sector battles major turmoil across the world from the ongoing war in Ukraine to the Israel-Gaza conflict,…

Investor concerns rise as Nike, Target, Kering shed market value in Q3 2023

GlobalData points out that this decline was primarily triggered by a varied earnings outlook for FY2023, which raised concerns among…

Shoppers undeterred by ESG concerns as Temu, Shein spearhead global retail

GlobalData has found that of those who have ordered items from abroad in the past year, 51.1% of consumers did…

Signal: The Very Group invests in AI to boost future revenue

The Very Group booked flat sales for FY23, however GlobalData retail analyst Tash Van Boxel says the company's investment in…

Signal: Positive Christmas outlook for UK clothing, footwear sales

Consumer spending in the build-up to Christmas will increase spend by 3.4% in the UK, according to new figures from…