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Expert View
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Giorgio Armani has launched an e-shop at Armani.com, offering delivery to 27 countries in Europe, plus Hong Kong, China, Japan, the US, and Canada. Having developed the e-shop with third-party provider Yoox, the Italian fashion retailer has revealed a rather unimpressive proposition, and becomes the latest entry to a long list of luxury houses taking a rather half-hearted approach to e-commerce.
Published By Datamonitor
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13 Oct 2011 |
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CommentWire
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A number of big retailers are reported to be in talks to become tenants of London's first designer outlet. Discount outlets are usually developed in out-of-town areas in order to protect retailers' full-price stores, but by locating the London Designer Outlet near the city's iconic Wembley Stadium, developer Quintain Estates is signaling a change in retailers' perception of the format.
Published By Datamonitor
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23 Nov 2011 |
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CommentWire
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In the run-up to Christmas Tesco is giving its UK Clubcard holders the opportunity to exchange GBP12.50 worth of Clubcard vouchers for a GBP25 House of Fraser gift card. While some consider them to be outmoded, gift cards present retailers with an opportunity to attract new customers and boost sales, making such initiatives worthwhile.
Published By Datamonitor
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08 Dec 2011 |
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Expert View
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Another weak result from the fashion retailer French Connection has led to a fourth consecutive year of losses from its UK and European retail division. Discounting has played a considerable role in the lack of profitability from its core market in recent years; however, addressing the deeper-seated issues will be the key to turning the business around.
Published By Datamonitor
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19 Mar 2012 |
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CommentWire
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In its annual results announcement on April 12, JD Sports posted revenue of over GBP1bn for the first time and sales growth of almost 20%, despite recording a 1% decline in like-for-like sales. However, the main talking point of the announcement has been JD's struggling Blacks Leisure subsidiary, and how the parent company plans to address Blacks' operational shortcomings over the next 12 months.
Published By Datamonitor
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17 Apr 2012 |
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CommentWire
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SuperGroup, the owner of fashion label Superdry, has issued its fourth profit warning in the last 12 months, announcing that it now expects to post GBP43m for the year ending April 29, 2012, over GBP7m less than previously expected. However, despite this blunder - the latest in a series for the company - it is still in a relatively enviable position, with a strong brand and a loyal following.
Published By Datamonitor
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27 Apr 2012 |
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CommentWire
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Among the plethora of statistics given to analysts by N Brown executives at its trading announcement was the staggering growth of its mobile traffic. It has risen to 14% from 4% of all e-commerce traffic, and the retailer now expects this to rise to 22% by the end of 2012. These mobile customers are not just browsing either, as N Brown is making sales of GBP1m a week from m-commerce.
Published By Datamonitor
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02 May 2012 |
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Expert View
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Reports in the press that Marks & Spencer will benefit from the rising number of older consumers are based on a dangerous assumption. Although the retailer currently has a high share of the older age groups, it is far too simplistic to assume that this trend will continue.
Published By Datamonitor
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21 May 2012 |
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CommentWire
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An F&F concept store in London's Covent Garden that was open for just four days is a positive step toward raising the profile of the brand and helping to change consumer perceptions of Tesco's clothing offer. Launching a pop-up store as a multichannel destination makes browsing collections fun and creates a new experience for shoppers, while it also hints at a new way to shop in the future.
Published By Datamonitor
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11 Jun 2012 |
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CommentWire
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News that SuperGroup is putting its wholesale relationship with online retailer ASOS on hold has given rise to speculation that this will spark more withdrawals from the online retailer's site. However, this gives little credit to the strength of the ASOS proposition, or to its management's foresight.
Published By Datamonitor
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22 Jun 2012 |
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