Opinion on Luxury Goods in Europe

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Type Product title / description Pub Price
CommentWire
CommentWire

Lush: never too busy to innovate

Adding to its existing high street stores, next month UK skin and hair care company Lush will test its new 'girlie' retail concept in London's Carnaby Street. Large industry players must keep an eye on the innovations made by their smaller rivals, which often need to have their finger closer to the pulse to maintain their market share.

Published By Datamonitor
29 Aug 2003
CommentWire
CommentWire

Procter & Gamble: D&G deal sweetens fragrances portfolio

Procter & Gamble has moved further into the world of luxury fragrances by agreeing to produce perfumes for Italian fashion house Dolce & Gabbana. Despite this move into a highly competitive market, the combination of P&G's global reach with Dolce & Gabbana's marketable name will prove to be a lucrative one.

Published By Datamonitor
16 Dec 2005
Expert View
Expert View

Next trading statement offers hope on Christmas performance

Next's trading update for Christmas 2005 is one of the first significant indicators of how British retail fared over Christmas. The fashion retailer's modest turnaround in like-for-like sales has seen Next shares rise to a 12-month high. Yet while the figures look promising, they do not reflect the bigger picture and should not be treated as a reliable barometer for the whole market.

Published By Datamonitor
06 Jan 2006
Expert View
Expert View

Accessories still a must-have market

Accessories are less price sensitive than clothing, occupy less square footage and so offer a higher sales density. It is therefore unsurprising that the sector is becoming increasingly competitive as a growing number of retailers look to make their mark. A new report from Verdict Research explains how retailers can maximize their presence in the UK fashion accessories market...

Published By Datamonitor
09 Mar 2006
CommentWire
CommentWire

Majestic: record sales thanks to fine wines

Majestic Wine has achieved a robust set of results with operating profit up by 10.7% to GBP14 million. Higher sales of fine wines, champagne and sparkling wines were the key drivers behind this performance and, with potential for further retail space growth ahead, the company should continue to prosper.

Published By Datamonitor
20 Jun 2006
CommentWire
CommentWire

PPR: luxury clothing brands driving growth

PPR's strategy to focus on its fastest growing market segments is paying off, as the group reported double digit growth in its luxury goods business. The fashion ranges remain a core sales driver for high revenue lines of accessories and fragrances unlike at P&G which has just closed its Rochas fashion business.

Published By Datamonitor
28 Jul 2006
CommentWire
CommentWire

PPR: 'for sale' sign over Fnac?

Following the disposal of its department store chain Printemps earlier this year, it appears that PPR, the French retail and luxury goods conglomerate, is now considering selling another of its businesses. While Fnac makes the largest contribution to group revenue there are sound financial reasons for PPR focusing on its luxury goods division.

Published By Datamonitor
27 Sep 2006
CommentWire
CommentWire

Coach: riding the wave of success

The classic American leather accessories company Coach is capitalizing on the booming accessories market, and on its renewed appeal, as it attracts trend-led shoppers in addition to its core classic customer base. With the introduction of more product categories and a wide price range to attract more customers, the retailer has positioned itself effectively in a crowded accessories market.

Published By Datamonitor
25 Oct 2006
CommentWire
CommentWire

Richemont: well placed for luxury goods growth

Richemont is benefiting from strong demand in the luxury goods sector as consumers embrace top-end products from big name design houses, particularly for accessories. Richemont, with interests in luxury jewelry, watches, leather goods and writing instruments, is well positioned for growth.

Published By Datamonitor
20 Nov 2006
Expert View
Expert View

Theo Fennell: demand for luxury drives profits

The luxury jeweler Theo Fennell has reported 41% sales growth and like-for-likes up by 35% for the half year to September 30, 2006, helped by contributions from its expanding international business. This was backed up by strong like-for-like sales growth in its core UK market, underlining the growing appeal and potential of its designer-led range.

Published By Datamonitor
22 Nov 2006

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