Opinion on Clothing, Footwear, Accessories and Luxury Goods in North America

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Type Product title / description Pub Price
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CommentWire

Abercrombie & Fitch: plans for a major overseas presence

In the fourth quarter to February 03, 2007, Abercrombie & Fitch's net income increased 20% to $198.2 million, and in the year to February 2007, net sales increased 19% to $3.3 billion. Although these results are very respectable, the US retailer is a mature brand in its domestic market, and has set its sights on 'explosive' growth internationally, beginning with London in March 2007.

Published By Datamonitor
26 Feb 2007
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Abercrombie & Fitch: will it be another Gap story?

US casualwear brand Abercrombie & Fitch opened its first store outside North America on March 22 in London. The company plans to open flagship stores in other European cities, as well as in Japan, as it grows into a global brand. The question is whether it will achieve success with its typically American style or end up with Gap's core problem - being unable to adapt to different markets.

Published By Datamonitor
22 Mar 2007
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Amazon and eBay: net gains and losses

Amazon and eBay have reported contrasting sets of results, with Amazon enjoying a 14.5% sales uplift in the three months to June 30, 2009 while eBay's marketplace sector reported a 14.0% decline for the same period. With eBay set to continue shifting its offer away from auctions towards fixed price items, it has to strike a balance between its new strategy and keeping its core smaller businesses.

Published By Datamonitor
28 Jul 2009
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CommentWire

American Apparel: t-shirt retailer finds public partner

Having agreed to be purchased by public investment company Endeavor Acquisition Corp, American Apparel will now be in a position to ramp up its aggressive expansion plans throughout the world. The deal will enable the retailer to reach public status more quickly than the traditional IPO but also without much of the inspection normally associated with this process.

Published By Datamonitor
21 Dec 2006
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American Eagle Outfitters: adapting trends for its casual teen market

American Eagle Outfitters' August performance stands out above its competition. It posted like-for-like sales growth of 11.0%, outperforming main rivals Abercrombie & Fitch Co. (+6.0%), Gap Inc (-7.0%) and Aeropostale Inc. (+3.3%). Its ability to adapt to emerging trends from its core audience looks set to keep it ahead.

Published By Datamonitor
01 Sep 2006
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Ann Taylor Stores: disappointing Q2 offset by new concept plans

Ann Taylor Stores Corporation has reported a disappointing first half. Announcing second quarter results to August 4, 2007, the company revealed declining comparable store sales at both Ann Taylor (-3.4%) and Loft (-10.8%). These were offset by store openings and Internet sales, producing a 0.7% uplift overall. The company forecasts a better second half with a major growth opportunity in 2008.

Published By Datamonitor
28 Aug 2007
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Armani: new e-store marks another missed opportunity in luxury e-commerce

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
13 Oct 2011
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Armani: still going it alone

Giorgio Armani denies he is considering selling his eponymous business. The question of succession comes to any fashion company closely associated with its designer, however at Armani, the creative force, Mr Armani himself, is also the business force. Having built up a global operation worth over E4.0 billion in worldwide retail sales, the question of who will succeed him becomes pressing.

Published By Datamonitor
22 Feb 2007
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Asos: as seen on sale

Asos is set to launch a discount clothing operation in September, according to reports. The site will sell brands including Ted Baker, Diesel and Ralph Lauren at up to a 75% reduction. The timing is good, due to the strong consumer interest in the discount clothing market at the moment. However, the move is not without risk.

Published By Datamonitor
16 Jun 2008
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ASOS: impressive results as online goes from strength to strength

ASOS has reported strong sales uplifts in its 2009-10 financial year and, although sales growth has slowed, results are still very positive, reflecting ASOS' investment in improving its customer service. Furthermore, the online retailer still has many opportunities to expand, with growing its international operations a central part of this goal.

Published By Datamonitor
20 Apr 2010

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