Opinion on Sporting Goods

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Type Product title / description Pub Price
CommentWire
CommentWire

UK retail: car-free Oxford Street not just for Christmas?

Christmas shoppers heading for London's West End will enjoy a little respite from petrol fumes and overcrowded pavements on December 17, when Oxford Street closes to traffic. Indeed, a growing number of retailers believe that permanently freeing the street of traffic is the only way to make sure shoppers regard it as an attractive alternative to more pedestrian-friendly out-of-town destinations.

Published By Datamonitor
08 Dec 2005
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Sports World: set to float

Sports World, now known as Sports Direct International, announced that it is planning an IPO at the end of February. The valuation, of between GBP1.8 and GBP2.2 billion, seems high, and potential investors will need convincing of the growth opportunities available. Furthermore, this could be difficult given that growth appears to be dependent on acquisitions and further fund raising down the line.

Published By Datamonitor
14 Feb 2007
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Sports Direct: unconventional style a challenge for investors

Given the warnings previously issued, it came as no surprise when Sports Direct reported declining sales and profit for H1 2008. However, share buy backs and assurances regarding full year profits have recently boosted the company's share price by 36%. Continued share price growth is dependent on investor confidence in Sports Direct's unconventional management style.

Published By Datamonitor
21 Dec 2007
CommentWire
CommentWire

Sports Direct: qualifying abroad

In the words of Dave Forsey, chief executive of Sports Direct, the retailer has faced the most difficult trading conditions in its history. Indeed, its results have disappointed and the shock drop in profits is cause for much concern, but a burgeoning international arm and further expansion in the UK should help to calm investors' nerves.

Published By Datamonitor
11 Jul 2008
CommentWire
CommentWire

Sports Direct: low price proposition is a winner

With retailers launching aggressive price campaigns in a desperate bid for a share of the value pound, Sports Direct's long-standing values appear to be bearing fruit. As the retailer's low prices are ingrained in the consumer psyche, Sports Direct is the first call for bargain hungry sportswear shoppers and its defensive 'back to basics' strategy looks likely to make it a winner in the downturn.

Published By Datamonitor
18 Dec 2008
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Sports Direct: England's defeat adds to woes

Sports Direct has issued another profit warning following England's failure to qualify for Euro 2008. Sports Direct has already warned that its EBITDA had limited growth potential in 2007/08, but, following England's failure to qualify, it warned profits are likely to fall. While England's failure will hit other retailers as well, it highlights Sports Direct's weaknesses in particular.

Published By Datamonitor
22 Nov 2007
CommentWire
CommentWire

Sports Direct: difficult times ahead

Sports Direct founder Mike Ashley has been dealt a series of blows since he floated the company for GBP3.00 a share in February. In just five months the shares have halved in value, with the latest drop prompted by a vague warning on prospects in the current fiscal year. This further compounds analyst concerns, particularly given the lack of like-for-like sales figures or detailed profit guidance.

Published By Datamonitor
25 Jul 2007
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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
CommentWire
CommentWire

PPR: luxury not crisis resistant

With sales of E20.2 billion, 2008 looks like the last good year before the global crisis starts to affect sales at French giant PPR. Electricals and furniture sales have already been impacted by the slowdown in mature markets, and luxury will not prove immune to the downturn. As a result, PPR is positioning itself to survive difficult conditions in 2009.

Published By Datamonitor
23 Feb 2009
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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

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