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CommentWire
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The merger of the two divisions under one management team is reported to be upsetting shareholders in footwear business C&J Clark. While these shareholders were pressing for change, and investment in product, the strategy will be difficult to implement effectively and will not solve the problems Clarks has in the UK.
Published By Datamonitor
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14 Nov 2006 |
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CommentWire
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While the two profit warnings from Alexon and Moss Bros have made clothing retailers and industry watchers nervous, it is not all bad news in the sector. Rather than revealing any overall weakness in consumer spending, these warnings serve mainly to highlight the sharp disparity between the UK's stronger and weaker retailers - although some caution is required.
Published By Datamonitor
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07 Dec 2007 |
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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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CommentWire
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The classic American leather accessories company Coach is capitalizing on the booming accessories market, and on its renewed appeal, as it attracts trend-led shoppers in addition to its core classic customer base. With the introduction of more product categories and a wide price range to attract more customers, the retailer has positioned itself effectively in a crowded accessories market.
Published By Datamonitor
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25 Oct 2006 |
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CommentWire
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As M&S announced declines in both total and like-for-like sales in its core general merchandise category in Q1 2012-13, it also revealed a shakeup in its management structure, including a key exit. The retailer needs to inspire female shoppers and execute its existing strategy more successfully to regain its prominence.
Published By Datamonitor
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10 Jul 2012 |
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CommentWire
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Spanish fashion retailer Cortefiel plans to boost its presence in the UK through opening standalone stores in a deal with Brand Empire, a subsidiary of property company Land Securities. While the UK will join the company's already large international footprint of 60 countries, it faces tough competition from familiar foes such as Zara and Mango, which are bolstering their store numbers in the UK.
Published By Datamonitor
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23 Feb 2010 |
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Expert View
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Over the past five years, UK consumers have enjoyed the benefits of rapid clothing deflation which has brought them cheaper apparel products. However, according to Verdict Consulting, this trend is now abating and while prices will remain low over the next five years, shoppers should not expect to see further dramatic falls in price. Indeed, in some categories apparel prices are likely to rise.
Published By Datamonitor
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03 Aug 2007 |
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CommentWire
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Debenhams is making fundamental changes to its offer in order to strengthen its position, including growing its Designers business, consolidating brands and reducing the number of SKUs. Although these are positive steps; whether this will be enough to help Debenhams compete in a challenging retail climate remains to be seen.
Published By Datamonitor
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18 Mar 2008 |
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Expert View
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The increasingly tough trading environment has prompted Debenhams to re-examine its plans for 2008/09 and introduce cost cutting initiatives alongside its strategy to simplify brands and the shopping experience. With challenging conditions in the UK clothing market, Debenhams will have to work harder to encourage consumers to spend.
Published By Datamonitor
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15 Apr 2008 |
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CommentWire
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According to media reports, Debenhams is to focus on its international expansion strategy as part of its aim to more than double overseas sales by 2012. However, even if the retailer achieves this target, the contribution that international sales make to Debenhams's total revenue will remain marginal.
Published By Datamonitor
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27 May 2008 |
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