Opinion on Retailing in Middle East and Africa

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Type Product title / description Pub Price
Expert View
Expert View

Department stores: see brighter future as growth rate doubles

Department store retailing, a concept that seemed to be heading for terminal decline globally only a few years ago, now has a brighter future. Following a period of consolidation, investment and expansion in both mature markets and fast developing economies have given a new lease of life to the sector. Verdict Research forecasts that this sector's growth rate will double over the next five years.

Published By Datamonitor
09 Nov 2007
Expert View
Expert View

Waitrose: blueprint for international growth?

Waitrose has signed a licensing agreement to open more than 20 sites in the Gulf by 2010. Waitrose's decision to license its fascia to a retail partner in the Gulf is a further indication of the retailer's more aggressive approach to expansion. If successful, it could provide the template for further international growth alongside the buoyant prospects of its UK operations.

Published By Datamonitor
02 Jan 2008
CommentWire
CommentWire

Jaeger: new agreement will see further international expansion

Jaeger's Middle Eastern expansion, which will be facilitated through an agreement with the Sultan Group, marks a further move to increase the retailer's international presence. Its developments within the UK market, alongside considered moves into international markets, should see the brand well placed to continue its revival.

Published By Datamonitor
07 Feb 2008
CommentWire
CommentWire

Luxury goods: past investment will pay off in 2008

LVMH continued to ride high on the wave of interest in luxury goods during 2007, with total revenues for the 12 month period up 8% to E16.5 billion. Although 2008 is shaping up to be a tougher year for luxury manufacturers and retailers, for those that have invested in brand and geographic diversification, the year need not be as bad as some might fear.

Published By Datamonitor
08 Feb 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
Expert View
Expert View

Retail facing difficult year as like-for-likes go negative

UK retailing is facing one of its toughest ever years as the sector attempts to come to terms with a dangerous cocktail of intense competition, space saturation, consumer apathy and slowing spend. The coincidence of these trends will mean that on a like-for-like basis, retail spend will contract in 2008, causing a significant number of retailer causalities.

Published By Datamonitor
13 Feb 2008
CommentWire
CommentWire

PPR: outstanding 2007 performance

French group PPR achieved strong growth in 2007; overall revenues grew by 16.1% to E19.8 billion, or 7% on a like-for-like basis. As the group's 2007 operations were impacted upon by the acquisition and integration of Puma, it is clear that the company has not taken its eyes off the ball. Although PPR's future outlook is broadly positive, worries remain about Conforama and Redcats.

Published By Datamonitor
27 Feb 2008
Expert View
Expert View

No signs of an e-tail slowdown

Despite signs that the economy and retail sales are both starting to slow, the boom in online retail has continued. Online retailing is now worth GBP19.5 billion and accounts for around 7% of all retail expenditure, and this growth is set to continue in 2008. As a result, an online presence will become a much more important differentiator between retail success and failure.

Published By Datamonitor
16 Apr 2008
Expert View
Expert View

Airport retailing shrugs off global economic downturn

Although many global retailers are suffering from deteriorating consumer confidence, a new report from Verdict Research predicts that retail sales at airports will grow by 11% in 2008 to $30 billion, making it the fastest growing channel of retail after the internet. Furthermore, airport retail sales are set to continue to grow strongly over the next five years, particularly in emerging markets.

Published By Datamonitor
18 Aug 2008
CommentWire
CommentWire

Burberry: in good health but not immune from economic turmoil

Burberry revealed a 13% increase in its H1 sales, a credible performance in the current economic environment. Its luxury positioning and international expansion strategy are helping to boost performance, but the brand is not immune from the downturn in consumer confidence.

Published By Datamonitor
16 Oct 2008

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