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CommentWire
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Thorntons has made a great deal of progress over the last two years, when a plunge in profits forced the departure of the then chief executive Peter Burdon. Results for the year to June 28, 2008 demonstrate the effective execution of a shrewd turnaround plan, overseen by chairman and veteran retail investor Jon von Spreckelsen, and CEO Mike Davis, formerly of Mars.
Published By Datamonitor
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12 Sep 2008 |
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CommentWire
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It has been reported that Whole Foods Market is in discussions with British Land about opening a site in its 201 Bishopsgate and Broadgate Tower complex - a new office development that includes retail space. If Whole Foods Market was to open an outlet here, the retailer's ability to adapt its format to the location would be the key to its success.
Published By Datamonitor
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04 Feb 2008 |
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CommentWire
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A 14% rise in sales is expected to be announced by Lindt & Spruengli on January 22, 2008, along with organic growth of between 6% and 8%. The Swiss chocolate company has continued to grow sales, despite growing consumer interest in adopting healthier lifestyles. Lindt's success can, in part, be attributed to its premium positioning, but it will, however, face fresh challenges in 2008.
Published By Datamonitor
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21 Jan 2008 |
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Expert View
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The premium segment of the UK clothing market is overtaking the value sector as the fastest growing sector in 2007, according to Verdict. The premium segment is the smallest in terms of value, but with expected annual growth of 13.9%, it is set to outstrip the value sector's 8.9% growth. This follows four years of increasingly stronger growth and underlines the changing mood of clothing shoppers.
Published By Datamonitor
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29 Nov 2007 |
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Expert View
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Despite much concern about binge drinking and extensive media coverage on the matter, the consumption of alcohol in the UK, with the exception of wine, has shown sluggish growth.
Published By Datamonitor
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12 Jun 2007 |
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CommentWire
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As the calendar turns to 2006, there are several up-and-coming trends likely to shape the beverage market over the coming year: women are challenging men's dominance in on-trade consumption, while natural, organic and ethical products are rising in popularity. Market analysts Datamonitor predict what will be on the up or down in 2006 and beyond...
Published By Datamonitor
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22 Dec 2005 |
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Expert View
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The year 2005 has been one of transition for many packaged goods marketers, setting the stage for what is expected to be a very active year for new products in 2006. The demise of the low-carbohydrate fad has left a wide open market for other health and wellness-related trends to surface, including these top ten picks from Productscan Online...
Published By Datamonitor
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09 Dec 2005 |
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CommentWire
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A poor UK retail environment has been blamed for the dip in sales in Thorntons' latest trading update. With own-store sales down by 4.4% and sales through the major food retailers slowing, the company should aim to make the most of the coming Christmas period and continue to leverage the position of its products as 'everyday' luxury confectionery brands.
Published By Datamonitor
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18 Oct 2005 |
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CommentWire
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Despite the impact of unfavorable exchange rates and high energy costs, global food producer Kerry Group has announced another profits increase for the first half of 2005, citing the UK's unrelenting appetite for prepared meals as a key driving factor. A continued focus on healthy and convenient products will enable Kerry to prevail over tough operating conditions going forward.
Published By Datamonitor
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01 Sep 2005 |
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Expert View
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The average Brit is more likely than ever to load their trolley full of premium products. This is reflected by the growth of the specialty products such as hand-made, origin specific food, drink and personal care products. The growing taste for luxury is set to become more pronounced as consumers continue to experiment, self-reward and seek out satisfying experiences.
Published By Datamonitor
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21 Jun 2005 |
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