The global consumer industry experienced a 47% drop in company filings mentions of ecommerce in Q2 2023 compared with the previous quarter, with the highest share accounted for by Deckers Outdoor with 28% year-on-year increase, according to GlobalData’s analysis of over 404 consumer company filings. GlobalData’s Ecommerce in Consumer Goods – Thematic Research report offers a precise understanding of the impact of ecommerce on consumer goods industry with insights on value chain analysis, and information on specialist ecommerce vendors. Buy the report here.
Notably, ecommerce was one of the most frequently referenced themes in Q2 2023, ranking highest in terms of mentions, ahead of comfort & uncertainty and cyber insurance, according to GlobalData.
Of the top leading companies in the consumer industry, Deckers Outdoor had the greatest increase in references for ecommerce in Q2 2023, compared with the previous quarter. GlobalData identified 32 ecommerce-related sentences in the company's filings - 2% of all sentences - and an increase of 100% in Q2 2023 compared with Q2 2022. Colgate-Palmolive’s mentions of ecommerce rose by 200% to 27 and Constellation Brands’s by 100% to 10 and EssilorLuxottica’s by 100% to 10 and Chow Tai Fook Jewellery Group’s by 100% to 8.
GlobalData’s Company Filings Analytics also applies sentiment weight to reference sentences, based on whether the sentences are positive, negative, or neutral. Starting at 100 in 2020, an index over 100 is more positive. The overall index for ecommerce in Q2 2023 was 101.
For further understanding of GlobalData's Ecommerce in Consumer Goods, 2022 Update - Thematic Research buy the report here.
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GlobalData, the leading provider of industry intelligence, provided the underlying data, research, and analysis used to produce this article.
GlobalData’s Company Filings Analytics uses machine learning to uncover key insights and track sentiment across millions of regulatory filings and other corporate disclosures for thousands of companies across the world’s largest industries.
