Opinion on Clothing, Footwear, Accessories and Luxury Goods in South and Central America

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Type Product title / description Pub Price
Expert View
Expert View

Amazon and eBay: net gains and losses

Amazon and eBay have reported contrasting sets of results, with Amazon enjoying a 14.5% sales uplift in the three months to June 30, 2009 while eBay's marketplace sector reported a 14.0% decline for the same period. With eBay set to continue shifting its offer away from auctions towards fixed price items, it has to strike a balance between its new strategy and keeping its core smaller businesses.

Published By Datamonitor
28 Jul 2009
Expert View
Expert View

Armani: still going it alone

Giorgio Armani denies he is considering selling his eponymous business. The question of succession comes to any fashion company closely associated with its designer, however at Armani, the creative force, Mr Armani himself, is also the business force. Having built up a global operation worth over E4.0 billion in worldwide retail sales, the question of who will succeed him becomes pressing.

Published By Datamonitor
22 Feb 2007
CommentWire
CommentWire

Benetton: Latin American conquest begins with Sears Mexico alliance

Italy's Benetton has formed a strategic alliance with department store chain Sears Roebuck de Mexico as part of its aim to expand the company's presence through new stores and concessions. The deal with Sears Mexico will increase the distribution of the United Colours of Benetton brand in the country, and forms the first step towards expansion in Latin America.

Published By Datamonitor
28 May 2008
CommentWire
CommentWire

Bulgari: net profit collapses

Following a weak end to 2008, when turnover fell by 9.7%, Bulgari is likely to reveal a net loss for Q1 2009, as the global luxury jewelry market contracts in the wake of current economic turbulence. Moreover, as a general economic recovery seems unlikely, the outlook for 2009 remains bleak.

Published By Datamonitor
20 Apr 2009
Expert View
Expert View

Gap: expansion opportunity lies south of the border

Gap is set to boost its presence in Mexico after signing a franchise agreement with the leading Mexican department store chain, Liverpool. The US clothing giant aims to ramp up its international presence through franchise agreements and close the gap on its key rivals Inditex and H&M, which have both expanded abroad extensively in recent years.

Published By Datamonitor
23 Sep 2008
CommentWire
CommentWire

Gap: rocky start to 2008 could hamper recovery

The January sales have bought little cheer for international fashion chain Gap. Its turnaround program has struggled to gather positive momentum, with same-store sales down 2% in January following a disappointing Christmas. Going forward, Gap will be keen to lay the foundations for a more positive year ahead, but with the global economy still rocky, the company has its work cut out.

Published By Datamonitor
08 Feb 2008
CommentWire
CommentWire

Hermes bags revenue growth in 2009

Despite trading conditions remaining tough, Hermes posted an 8.5% increase in revenue in 2009 due to extremely strong growth in the Asia Pacific region and its resilient product proposition, which caters well for current consumer trends. A continued focus on extending its store estate and lessening dependence on wholesale will see the retailer through what is expected to be another difficult year.

Published By Datamonitor
30 Mar 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
CommentWire
CommentWire

Inditex: flouting the downturn

Inditex has so far proved resilient against the consumer downturn, with net income for the first nine months of 2008 up 2.0% to E843m on the back of a buoyant trading performance, and sales up 11.0% to E7.3 billion. Despite slumping consumer confidence, the company's core fast fashion concepts are trading comfortably and Inditex has refrained from the deep discounting resorted to by its rivals.

Published By Datamonitor
12 Dec 2008
CommentWire
CommentWire

Inditex: solid sales and expansion growth in 2008

Inditex, Europe's largest clothing retailer, has so far managed to avoid the worst of the current economic crisis, registering strong sales growth in 2008 on the back of sustained rapid international expansion. It is well positioned to tackle an even tougher 2009, but a weaker outlook for European retail could pose difficulties for a retailer that receives the bulk of its sales from the continent.

Published By Datamonitor
26 Mar 2009

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