Opinion on Other Specialist Retailers

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Type Product title / description Pub Price
Expert View
Expert View

Polarization in the sports goods market: opportunities lie at the premium end

Over the past five years we have seen the sports goods market become increasingly polarized. Serious sports enthusiasts are looking for specialist and professional products, while leisure shoppers want needs-based products at low prices. To grow in this market, retailers must decide who their target customers are, and ensure a strong point of differentiation to fight competition and drive sales.

Published By Datamonitor
22 Nov 2012
Expert View
Expert View

New store format will up JD Sports' game

JD Sports will widen its customer base with its new sports performance store format. JJB's market share is up for grabs, but the move may step on the toes of Sports Direct, meaning pricing, location, and a standout offering are major considerations.

Published By Datamonitor
19 Oct 2012
Expert View
Expert View

Pre-packs protect banks and boards, but jobs too

Pre-pack administrations have come under scrutiny for siphoning away selected assets and dumping debt in secretive deals. The process is open to abuse, but the unpalatable truth is that in a stuttering economy no other option protects jobs and keeps businesses open to the same extent.

Published By Datamonitor
12 Oct 2012
Expert View
Expert View

JJB continues its uphill struggle as Euro 2012 fails to ignite sales

JJB sports has reported weak results as the 2012 UEFA European Football Championship failed to give the retailer the much needed boost in sales it expected. The business, which is in the middle of a turnaround strategy, must address the competitive pressures that it faces in order to return to growth in the future.

Published By Datamonitor
10 Jul 2012
Expert View
Expert View

Can Halfords shift up from the granny gear to improve its cycling proposition?

Halfords had a difficult 2011/12 as revenue declined, and the start of 2012/13 looks bleak with disappointing sales. This has especially been the case in cycling, Halfords' only growing retail division last year. It has announced a new objective to be "the best bike shop in town"; however, intense competition on range and price mean that it will struggle to capture the UK's broad cycling tastes.

Published By Datamonitor
07 Jun 2012
CommentWire
CommentWire

Social media: US department stores reap the rewards

Department stores are leading the way in terms of e-commerce, m-commerce, and social media, according to a recent survey. This has allowed them to boost their top lines after years of declining sales, while also capturing the attention of younger target consumer segments. Verdict believes that comprehensive digital strategies such as these would benefit luxury and specialist retailers alike.

Published By Datamonitor
26 Aug 2011
CommentWire
CommentWire

LVMH: acquisition of majority stake in Bulgari may lead to further moves in the luxury segment

LVMH has agreed the acquisition of a controlling stake in Italian luxury retailer Bulgari in a share deal which values the company at E3.7bn. The move will help Bulgari to achieve growth, while also doubling the size of LVMH's watches and jewelry division. In the highly competitive luxury market, LVMH's rivals such as PPR are expected to retaliate with their own acquisitions.

Published By Datamonitor
14 Mar 2011
Expert View
Expert View

LVMH: results indicate recovery in luxury consumption

Luxury group LVMH and other high-end companies have excited the market, having posted positive financial results for the first half of 2010. However, questions remain as to whether this is reflective of responsive business decisions or the fact that affluent customers lost less than the average consumer during the recession. Furthermore, it remains to be seen if this growth is truly sustainable.

Published By Datamonitor
10 Aug 2010
Expert View
Expert View

HNWs start spending again, or is it investing?

Tiffany has joined other luxury goods companies in declaring an improved performance in the last quarter of 2009. However, this apparent evidence that HNWs are beginning to feel more confident in the economy may in fact be more accurately attributed to investments in tangibles.

Published By Datamonitor
26 Mar 2010
Expert View
Expert View

Halfords: re-entering the servicing market

Halfords has acquired Nationwide Autocentres, an independent car servicing operator, for GBP73.2m. This acquisition marks Halfords' return to servicing after it sold its previous business to the Automotive Association in August 2001. Halfords has strong expansion plans for its acquisition, which has the potential to be extremely beneficial for the retailer.

Published By Datamonitor
22 Feb 2010

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