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CommentWire
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Ted Baker revealed sales growth of just 1.8% in its Q3 2008 results, as it was hit by the effects of the economic crisis intensifying. The retailer's weaker growth was largely a result of the poor performance of its wholesale arm, which reported that sales had fallen by 21%.
Published By Datamonitor
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17 Nov 2008 |
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CommentWire
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Ted Baker has reported that the 'Cool Britannia' themes in the US helped raise sales in the region to GBP8.3 million last year. Now, the retailer intends to expand into the Middle East and Asia, where the brand has the potential to exploit its quirky British image more effectively than in the UK.
Published By Datamonitor
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23 Mar 2006 |
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CommentWire
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Ted Baker has reported strong group revenue growth for the 52 weeks to January 30, 2010, despite its wholesale division experiencing negative growth. Indeed, a 15.4% increase in group retail sales drove a 7.2% rise in group revenue. While the retailer should now look to capitalize on growth opportunities in the UK and Europe, as well as further afield, it must ensure it protects its brand image.
Published By Datamonitor
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29 Mar 2010 |
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Expert View
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In the UK, more consumers than ever before are shopping at supermarkets for items other than food. Over 62% of all shoppers regularly use supermarkets to buy non-food items, collectively spending over GBP19.7 billion. These numbers have risen sharply compared to five years ago, when just 45% of consumers used grocers for non-food purchases, collectively spending GBP13.3 billion.
Published By Datamonitor
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14 Mar 2008 |
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CommentWire
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SuperGroup, the owner of fashion label Superdry, has issued its fourth profit warning in the last 12 months, announcing that it now expects to post GBP43m for the year ending April 29, 2012, over GBP7m less than previously expected. However, despite this blunder - the latest in a series for the company - it is still in a relatively enviable position, with a strong brand and a loyal following.
Published By Datamonitor
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27 Apr 2012 |
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CommentWire
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Specialist health & beauty retailer Superdrug has reported a 2.7% increase in sales and a 34.8% increase in profits for the year to December 2006. Its strategy of differentiation from competitors appears to be paying off, but, with a young customer base and low margins, it still faces challenges.
Published By Datamonitor
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09 Aug 2007 |
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CommentWire
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Stylo appears to be the latest in a long line of retailers to fall victim to slowing demand and rising costs. Although it has decided to restructure its operations through a combination of Company Voluntary Arrangements and administration, this is arguably only delaying the ultimate outcome for one of the weaker operators in a very testing sector.
Published By Datamonitor
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28 Jan 2009 |
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Expert View
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Sports World, now known as Sports Direct International, announced that it is planning an IPO at the end of February. The valuation, of between GBP1.8 and GBP2.2 billion, seems high, and potential investors will need convincing of the growth opportunities available. Furthermore, this could be difficult given that growth appears to be dependent on acquisitions and further fund raising down the line.
Published By Datamonitor
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14 Feb 2007 |
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CommentWire
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With retailers launching aggressive price campaigns in a desperate bid for a share of the value pound, Sports Direct's long-standing values appear to be bearing fruit. As the retailer's low prices are ingrained in the consumer psyche, Sports Direct is the first call for bargain hungry sportswear shoppers and its defensive 'back to basics' strategy looks likely to make it a winner in the downturn.
Published By Datamonitor
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18 Dec 2008 |
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Expert View
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Sports Direct's successful bid offers majority owner Mike Ashley the opportunity to diversify and grow the business beyond the sports sector. Acquiring fashion-focused brands and retailers is a quick way of doing this, and is cost-effective when they are cheap.
Published By Datamonitor
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01 Mar 2013 |
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