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Expert View
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The Qatari Investment Authority, owner of Harrods, is the latest party to consider acquiring UK department store chain House of Fraser, a deal that would provide the retailer with the investment that its outdated stores and brands desperately need.
Published By Datamonitor
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09 May 2013 |
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CommentWire
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Procter & Gamble has moved further into the world of luxury fragrances by agreeing to produce perfumes for Italian fashion house Dolce & Gabbana. Despite this move into a highly competitive market, the combination of P&G's global reach with Dolce & Gabbana's marketable name will prove to be a lucrative one.
Published By Datamonitor
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16 Dec 2005 |
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CommentWire
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Primarks' flat like-for-like sales are disappointing for the value clothing retailer, although this is against very strong comparatives last year and the lack of any strong fashion trend has done no favors. Overall, growth will be strong, thanks to an increase in space of almost 40% during the year to September 2006.
Published By Datamonitor
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11 Sep 2006 |
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CommentWire
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Associated British Food's Primark has continued to perform well in a tough retail climate. But, with its planned rate of space expansion, Primark faces many challenges in continuing to excite consumers who are becoming saturated with product, and it will be difficult to continue to increase sales volumes at the same pace as space increases.
Published By Datamonitor
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07 Nov 2006 |
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CommentWire
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Associated British Foods has been capitalizing on the success of its Primark stores by embarking on a major expansion program that has helped to grow sales rapidly. While its latest figures are impressive, with revenue from new stores massively offsetting sales cannibalization from existing stores, the retailer should not become too complacent.
Published By Datamonitor
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24 Apr 2007 |
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CommentWire
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Although Primark has gradually been reaching a wider audience, there is still room for it to expand on the high street. The discount retailer's extensive store opening program - which will be crowned by the opening of a flagship store on Oxford Street in March 2007 - is certain about to guarantee its status as a major high street name.
Published By Datamonitor
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09 Feb 2006 |
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CommentWire
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A strong sales performance from Primark has driven growth at Associated British Foods. However, the real challenge for the retailer lies in the 12 months ahead as it faces slowing retail sales growth and can no longer rely on new store openings.
Published By Datamonitor
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25 Feb 2008 |
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Expert View
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Primark owner Associated British Foods has issued a trading update ahead of its full year results. Sales and profits are ahead at the value retailer, while like-for-like sales at established stores have been hurt by new store openings. The retailer must ensure expansion does not lead to neglect of its core proposition and the loss of its unique selling point.
Published By Datamonitor
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10 Sep 2007 |
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CommentWire
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In a pre-close statement for its first half, Associated British Foods reported that its retail division, Primark, had delivered a 5% increase in like-for-like sales. New store openings will supplement this figure further, putting the value retailer way ahead of its competitors. Although its expansion is placing some strain on its margins, Primark is still on a strong growth curve.
Published By Datamonitor
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25 Feb 2009 |
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CommentWire
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Primark has chartered a giant Antonov transport plane to fly in daily shipments of women's underwear from China after a fire at its warehouse in Leicestershire, UK. This solution to a potentially disastrous problem highlights why the retailer is enjoying so much success on the high street: a rapid response and creative thinking.
Published By Datamonitor
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06 Dec 2005 |
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