Latest Intelligence on Other Specialist Retailers

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Type Product title / description Pub Price
Expert View
Expert View

A tough Christmas beckons for retailers, but the worst may already be over

There is no doubt that 2005 has been a dreadful year on the high street and as the festive season approaches, most retailers are extremely cautious about their prospects. However, while the economic news has been highly discouraging for those retailers awaiting an upturn in their fortunes, according to retail specialists Verdict there may soon be light at the end of the tunnel ...

Published By Datamonitor
20 Oct 2005
Expert View
Expert View

Accessories still a must-have market

Accessories are less price sensitive than clothing, occupy less square footage and so offer a higher sales density. It is therefore unsurprising that the sector is becoming increasingly competitive as a growing number of retailers look to make their mark. A new report from Verdict Research explains how retailers can maximize their presence in the UK fashion accessories market...

Published By Datamonitor
09 Mar 2006
Expert View
Expert View

Arcandor under threat of insolvency

While unconfirmed at present, it looks increasingly likely that Arcandor will not receive the necessary state guarantees for its outstanding debt. The company needs to raise E960m for 2009, with up to E900m to follow over the next five years. By June 12, when outstanding credit has to be renewed, Arcandor, the holding company of Karstadt, Thomas Cook and Quelle, could enter insolvency.

Published By Datamonitor
08 Jun 2009
CommentWire
CommentWire

Arcandor: sliding deeper into the red

Germany-based retail and travel company Arcandor saw its financial position deteriorate in the quarter to December 31, 2008 as costs accumulated due to restructuring work at Thomas Cook and its mail order arm saw losses of E58m (group EBIT). Although the sales performance of department store Karstadt has stabilized, Verdict Research is skeptical as to whether this signals a sustainable turnaround.

Published By Datamonitor
13 Feb 2009
Expert View
Expert View

Basic consolidates after a tough year

With annual sales just about holding up, organics retailer Basic's margins have come under pressure. As a consequence, expansion plans have been put on hold, and the company has announced job cuts, reducing its staff headcount from 850 to 780. The outlook is bleak as even the buoyant organic sector will not prove completely immune to the expected downturn in consumer expenditure.

Published By Datamonitor
17 Jun 2008
CommentWire
CommentWire

Baugur/Woolworths: stake building fuels takeover talk

Baugur's revelation of its 7% stake in Woolworths has fueled speculation of a takeover. Both the value and traded volume of Woolworths shares have been high, amid speculation that the chain had possibly attracted Asda's attention. The size of Baugur's stake in the company is likely to catch the City off guard, and will convince many interested parties that Woolworths is now effectively in play.

Published By Datamonitor
09 Feb 2006
CommentWire
CommentWire

Baugur: Hamleys goes global

Baugur's plans for setting up franchises in the Middle East, India and China follow the launch of Hamleys' first international outlet in Denmark last year. Hamleys is an internationally recognized toy retailer, so it makes sense to tap into new markets to further grow the brand and achieve significant scale.

Published By Datamonitor
11 Jul 2006
Expert View
Expert View

Baugur: hits the iceberg

Icelandic investment group Baugur has fallen into administration, casting doubts on the future ownership of much of the UK high street. While there are likely to be opportunities for rival investors and retailers to pick up stakes in some highly covetable assets - other fascias will prove much harder to sell.

Published By Datamonitor
05 Feb 2009
CommentWire
CommentWire

Blacks Leisure: a mountain to climb

Blacks has blamed climate change for its lackluster performance - but this masks intensifying competition, management complacency and an over-reliance on the weather to dictate the company's fortunes. Although a number of initiatives have already been introduced to bolster the business, the management has more bases to cover if Blacks is to flourish in the long term.

Published By Datamonitor
04 May 2007
CommentWire
CommentWire

Blacks Leisure: failing to face challenges

The decision by Blacks Leisure, owner of the UK hiking & camping fascias Blacks and Millets, to take the axe to 45 stores in a bid to cut costs, is a sensible one. However, these closures could have been avoided had Blacks taken earlier action to address the fundamental challenges it faces.

Published By Datamonitor
02 Mar 2007

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