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UK's WH Smith says expects small improvement in 2021 performance

UK's WH Smith says expects small improvement in 2021 performance
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European Gift Card and Incentive Card Market 2021-2025, Featuring Carrefour SA, Rewe Group, Apple Inc, Metro AG and More

Share this article Share this article ResearchAndMarkets.com s offering. The European gift card market has seen significant growth over the past few years. However, the gift card market growth in the region in 2020 has been impacted due to the pandemic. COVID-19 has had adverse effect on the social and economic condition in Europe. Real GDP fell by about 40% in Q2 20 (annualized quarter-over-quarter), with greater contraction in advanced Europe, where the virus spread first, as compared to emerging Europe. Moreover, the pandemic is worsening in the region. As per Organization for Economic Co-operation and Development (OECD), the UK is the most affected by the pandemic and by the end of 2021 the UK economy is expected to be 6% smaller than pre- COVID crisis.

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European Gift Card and Incentive Card Market Report 2021: 200 KPIs for 15 European Countries

European Gift Card and Incentive Card Market Report 2021: 200 KPIs for 15 European Countries April 27, 2021 04:03 ET | Source: Research and Markets Research and Markets Dublin, IRELAND ResearchAndMarkets.com s offering. The European gift card market has seen significant growth over the past few years. However, the gift card market growth in the region in 2020 has been impacted due to the pandemic. COVID-19 has had adverse effect on the social and economic condition in Europe. Real GDP fell by about 40% in Q2 20 (annualized quarter-over-quarter), with greater contraction in advanced Europe, where the virus spread first, as compared to emerging Europe. Moreover, the pandemic is worsening in the region. As per Organization for Economic Co-operation and Development (OECD), the UK is the most affected by the pandemic and by the end of 2021 the UK economy is expected to be 6% smaller than pre- COVID crisis.

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European Gift Card and Incentive Card Market Report 2021: 200 KPIs for 15 European Countries

European Gift Card and Incentive Card Market Report 2021: 200 KPIs for 15 European Countries
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Research and Markets: Europe Gift Card and Incentive Card Future Growth Dynamics: Spend Analysis by Digital/e-Gift Card, Retail and Corporate Consumers, Top Retailers, Distribution Channel, Occasions, and Demographics

Research and Markets: Europe Gift Card and Incentive Card Future Growth Dynamics: Spend Analysis by Digital/e-Gift Card, Retail and Corporate Consumers, Top Retailers, Distribution Channel, Occasions, and Demographics - ResearchAndMarkets.com ResearchAndMarkets.com s offering. The European gift card market has seen significant growth over the past few years. However, the gift card market growth in the region in 2020 has been impacted due to the pandemic. COVID-19 has had adverse effect on the social and economic condition in Europe. Real GDP fell by about 40% in Q2 20 (annualized quarter-over-quarter), with greater contraction in advanced Europe, where the virus spread first, as compared to emerging Europe. Moreover, the pandemic is worsening in the region. As per Organization for Economic Co-operation and Development (OECD), the UK is the most affected by the pandemic and by the end of 2021 the UK economy is expected to be 6% smaller than pre- COVID crisis.

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