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CommentWire
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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
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16 Oct 2008 |
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CommentWire
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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
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08 Feb 2008 |
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Expert View
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After entering a number of new markets this year, Inditex is poised to enter the Australian and South African markets in 2011. Its plans for expansion, which include introducing global online retail platforms, will ensure that it keeps one step ahead of its international rivals, and will provide an opportunity for rejuvenation in the local clothing markets.
Published By Datamonitor
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20 Jul 2010 |
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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
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07 Feb 2008 |
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Expert View
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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
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23 Apr 2009 |
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Expert View
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Cost-cutting measures helped German retail conglomerate Metro Group to achieve stable EBIT for the third quarter, despite a 4.6% drop in group sales to E15.6 billion caused primarily by declining food inflation and negative currency effects in Eastern Europe. While the rest of the year will remain challenging, growth in international markets will provide a further boost to sales.
Published By Datamonitor
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05 Nov 2009 |
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Expert View
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New Look has signed a franchise agreement with Landmark International, affiliate of the Landmark Group, the largest retailer in the Middle East and India, to launch the brand in the region. Its strategy of shifting its brand positioning from discount retailer to aspirational value fashion brand has increased its international appeal.
Published By Datamonitor
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29 Jun 2006 |
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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
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27 Feb 2008 |
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Expert View
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The Qatari Investment Authority, owner of Harrods, is the latest party to consider acquiring UK department store chain House of Fraser, a deal that would provide the retailer with the investment that its outdated stores and brands desperately need.
Published By Datamonitor
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09 May 2013 |
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Expert View
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Tesco is comfortably riding out the challenging trading conditions facing UK retailing, recording pre-tax profits of GBP2.95 billion for the 52 weeks to February 28. Although exposure to non-food and the impact of its Discounter brand have dented sales growth, the supermarket's international credentials and ability to diversify into new markets will see it continue to prove a formidable retailer.
Published By Datamonitor
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21 Apr 2009 |
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