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Expert View
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Over the past five years we have seen the sports goods market become increasingly polarized. Serious sports enthusiasts are looking for specialist and professional products, while leisure shoppers want needs-based products at low prices. To grow in this market, retailers must decide who their target customers are, and ensure a strong point of differentiation to fight competition and drive sales.
Published By Datamonitor
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22 Nov 2012 |
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Expert View
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JD Sports will widen its customer base with its new sports performance store format. JJB's market share is up for grabs, but the move may step on the toes of Sports Direct, meaning pricing, location, and a standout offering are major considerations.
Published By Datamonitor
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19 Oct 2012 |
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Expert View
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Pre-pack administrations have come under scrutiny for siphoning away selected assets and dumping debt in secretive deals. The process is open to abuse, but the unpalatable truth is that in a stuttering economy no other option protects jobs and keeps businesses open to the same extent.
Published By Datamonitor
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12 Oct 2012 |
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Expert View
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JJB sports has reported weak results as the 2012 UEFA European Football Championship failed to give the retailer the much needed boost in sales it expected. The business, which is in the middle of a turnaround strategy, must address the competitive pressures that it faces in order to return to growth in the future.
Published By Datamonitor
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10 Jul 2012 |
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Expert View
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Halfords had a difficult 2011/12 as revenue declined, and the start of 2012/13 looks bleak with disappointing sales. This has especially been the case in cycling, Halfords' only growing retail division last year. It has announced a new objective to be "the best bike shop in town"; however, intense competition on range and price mean that it will struggle to capture the UK's broad cycling tastes.
Published By Datamonitor
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07 Jun 2012 |
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CommentWire
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Department stores are leading the way in terms of e-commerce, m-commerce, and social media, according to a recent survey. This has allowed them to boost their top lines after years of declining sales, while also capturing the attention of younger target consumer segments. Verdict believes that comprehensive digital strategies such as these would benefit luxury and specialist retailers alike.
Published By Datamonitor
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26 Aug 2011 |
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CommentWire
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LVMH has agreed the acquisition of a controlling stake in Italian luxury retailer Bulgari in a share deal which values the company at E3.7bn. The move will help Bulgari to achieve growth, while also doubling the size of LVMH's watches and jewelry division. In the highly competitive luxury market, LVMH's rivals such as PPR are expected to retaliate with their own acquisitions.
Published By Datamonitor
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14 Mar 2011 |
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Expert View
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Luxury group LVMH and other high-end companies have excited the market, having posted positive financial results for the first half of 2010. However, questions remain as to whether this is reflective of responsive business decisions or the fact that affluent customers lost less than the average consumer during the recession. Furthermore, it remains to be seen if this growth is truly sustainable.
Published By Datamonitor
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10 Aug 2010 |
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Expert View
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Tiffany has joined other luxury goods companies in declaring an improved performance in the last quarter of 2009. However, this apparent evidence that HNWs are beginning to feel more confident in the economy may in fact be more accurately attributed to investments in tangibles.
Published By Datamonitor
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26 Mar 2010 |
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Expert View
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Halfords has acquired Nationwide Autocentres, an independent car servicing operator, for GBP73.2m. This acquisition marks Halfords' return to servicing after it sold its previous business to the Automotive Association in August 2001. Halfords has strong expansion plans for its acquisition, which has the potential to be extremely beneficial for the retailer.
Published By Datamonitor
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22 Feb 2010 |
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