Opinion on Drugs, Health and Beauty

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Type Product title / description Pub Price
CommentWire
CommentWire

Alliance Boots: good year for combined group

Alliance Boots' strong financial results in its first full financial year as a combined group highlight the wisdom of the merger. Group revenue was up 4.8% to GBP15.3 billion, while trading profit for the 12 months to March 2008 was up 20.3% to GBP771 million. Furthermore, the company is making good gains under difficult conditions and there should be more benefits to come.

Published By Datamonitor
10 Jun 2008
CommentWire
CommentWire

EU health & beauty: the concentration of power

Strong growth in the EU health & beauty market, particularly in new member states, has encouraged cross-border expansion of pan-European chains. While the likes of Schlecker and AS Watson have found the EU to be a land of opportunity, smaller players have struggled. Moreover, with the increasing presence of grocers, the concentration of power is set to change the EU H&B landscape.

Published By Datamonitor
29 Jul 2008
Expert View
Expert View

Christmas 2008: shoppers spending more, but buying less

Despite the current financial crisis, UK shoppers are expected to spend more this Christmas than last. However, this extra spend will be driven by the higher cost of food and, faced with a more expensive Christmas feast, consumers will be selective, reducing both food shopping and gift purchasing. This means that retailers will have to fight much harder for a share of consumers' Christmas spend.

Published By Datamonitor
23 Oct 2008
Expert View
Expert View

Westfield London may take share of wallet from London's West End retailers

Westfield London has been in development for 15 years and offers an impressive retail experience, yet it could not have opened at a worse possible time. Although the strong mix of retailers and services offered will help it to attract custom, with consumers taking a measured approach to their shopping, any money going through the tills will come at the expense of spending elsewhere.

Published By Datamonitor
04 Nov 2008
CommentWire
CommentWire

John Lewis: Bluewater site chosen for next foodhall

John Lewis's refurbishment of its Bluewater store will involve the conversion of the basement into new retail space, which will include the chain's first foodhall outside London. With John Lewis Bluewater's sales currently down on last year, the opening of the foodhall next summer could provide a significant boost to trading at the location, which is one of the retailer's larger stores.

Published By Datamonitor
04 Nov 2008
Expert View
Expert View

Pharmacy liberalization on hold: a sign of things to come?

While the EU's decision to halt the process of pharmacy liberalization is clearly based on the merit of one specific case (namely Doc Morris, the leading European online pharmacy), it could herald a sea change in terms of EU decision making. The move away from excessive deregulation towards a slower and more considered approach will bring both costs and benefits for EU consumers and patients.

Published By Datamonitor
19 Dec 2008
CommentWire
CommentWire

LVMH: riding out the economic storm

Despite speculation that the luxury market would be hurt by the global downturn, LVMH has revealed another year of growth. However, although the breadth of its business by sectors and markets is helping to protect it from recessionary pressures, it is not completely insulated, and is applying strict financial disciplines in order to weather the economic storm.

Published By Datamonitor
09 Feb 2009
CommentWire
CommentWire

Ideal Shopping Direct: will change in strategy aid sales?

Ideal Shopping Direct, which sells online as well as through its TV shopping channels, reported a loss of GBP3.6m before exceptional items for full year 2008. Following changes on the executive board and a strategic review, the remote retailer has identified several areas upon which it can improve in 2009. However, it remains to be seen whether this will work against a bleaker economic outlook.

Published By Datamonitor
20 Apr 2009
Expert View
Expert View

LVMH: watch sales decline, time's up for luxury?

Despite a weak like-for-like performance, LVMH reported marginal growth in a tough economic climate for the first quarter of 2009. While LVMH is in a stronger position to weather the storm than some rival luxury players due to its strong brands and extensive geographical spread, sales are likely to decline further in the year ahead as the economic downturn shows little signs of improving.

Published By Datamonitor
23 Apr 2009
CommentWire
CommentWire

Alliance Boots: focusing on own-label brands to boot out competition

Alliance Boots delivered a strong set of results considering the challenging economic climate: revenue at its UK health and beauty division grew by 3.1% to GBP6,343 million and like-for-like sales increased by 1.3%. Alliance Boots has strong own-label brands and will need to ensure it focuses on maintaining and developing these in order to differentiate itself from the competition.

Published By Datamonitor
18 May 2009

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