Opinion on Clothing

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Type Product title / description Pub Price
CommentWire
CommentWire

Exel: clothing contract zipped up

Exel [EXL.L], the global supply chain management company, has been awarded a contract to provide a range of logistics services to Marks & Spencer's [MKS.L] childrenswear provider, The Zip Project. Fashion retailers are increasingly turning to logistics specialists like Exel to give them the competitive edge, by reducing costs and improving lead times.

Published By Datamonitor
15 Dec 2003
Expert View
Expert View

Speciality Retail Group/Gresham: the right man for menswear

Former Moss Bros chief executive Adrian Wright has led a private equity-backed buyout of the men's clothing chain the Speciality Retail Group in a deal said to be worth about GBP30 million. Given Wright's strong track record and retail discipline, hopes are high that the new management will be able to turn fortunes around at the specialist menswear company.

Published By Datamonitor
30 Nov 2005
CommentWire
CommentWire

ASOS: increased spending must not perpetuate losses

Online clothes retailer ASOS has reported an interim loss of GBP120,000, despite reporting sales growth of 78%. Although the loss was a result of increased investment in new ranges and greater warehouse capacity in anticipation of the Christmas rush, the company will need to keep a tight rein on its processes to ensure costs do not escalate.

Published By Datamonitor
01 Dec 2005
Expert View
Expert View

French lingerie a less risky proposition for Fast Retailing

The Japanese casual clothing chain Fast Retailing, the operator of Uniqlo-brand stores, is set to take a 95% stake in France's second-biggest lingerie chain for E70 million. It is clear that Fast Retailing has learned from expernience that buying up existing brands presents less of a risk and offers more flexibility than taking its casualwear brand to new markets.

Published By Datamonitor
05 Dec 2005
Expert View
Expert View

Gap struggles to find a strategy that fits

Gap has largely written off the festive trading season, cutting its full year earnings forecast after finding that the number of shoppers entering its stores has fallen by 8%. The firm's central problem is not new: consumers are rejecting its clothing lines as too trendy one season, too safe the next and generally less exciting than offerings from the likes of H&M and Zara.

Published By Datamonitor
08 Dec 2005
Expert View
Expert View

Bespoke tailors hanging on by a thread in Savile Row

The entry of Abercrombie & Fitch to London's Savile Row is the first step in what Verdict Research believes will be a gradual transition of the bespoke tailoring area to a more mixed retail use zone, raising concerns that the street's prestige will be damaged. At the same time, the shift may see some retailers benefit from increased footfall and new custom.

Published By Datamonitor
13 Dec 2005
CommentWire
CommentWire

H&M: strong UK position provides sales turnaround

Europe's largest clothing retailer Hennes & Mauritz announced yesterday that it had met its goal of reversing a two-year slide in same-store sales by introducing more tailored garments and designer collections. The fact that H&M's UK business delivered sales growth ahead of space growth in the first six months of 2005 also bodes well for the retailer's full year.

Published By Datamonitor
16 Dec 2005
CommentWire
CommentWire

Kookai: the first casualty of the festive season

When the administrators were called in to take over at Forminster, Kookai's UK franchise operator, the fashion chain may have at first appeared to be an early casualty of the consumer spending slowdown. However, Kookai's problems in the UK are not just aligned to a difficult trading environment or its positioning in the market. They stem from a lack of adaptability to the local market.

Published By Datamonitor
05 Jan 2006
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

Women switch to online retailers for larger clothes sizes

Sales of large sizes of women's clothes on the high street dropped 2.8% to 61.6% of total women's clothing sales in the 12 weeks to November 2005 compared to last year, while online and mail-order sales rose 1.2%. As the figures suggest, the high street may be failing to provide everything this demographic seeks.

Published By Datamonitor
12 Jan 2006

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