Latest Intelligence on Clothing, Footwear, Accessories and Luxury Goods in United Kingdom

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Type Product title / description Pub Price
CommentWire
CommentWire

Oasis: targeting the fashion conscience

A range of organic clothes are to be stocked by UK fashion retailer Oasis in response to growing customer demand for eco-friendly products. The trend has led other stores to launch ethically-traded products, however those hoping for an ethical fashion revolution may have to be patient.

Published By Datamonitor
16 Feb 2006
Expert View
Expert View

Nutmeg adds flavor to Morrisons non-food range

Morrisons' launch of its own brand childrenswear range, Nutmeg, will see all the Big Four supermarkets selling clothing for the first time, further heightening their rivalry. Tesco and Asda are stalwarts in the market, and Sainsbury's offer is achieving impressive growth, so Morrisons' late entry means it will need to work hard to make an impact.

Published By Datamonitor
22 Mar 2013
CommentWire
CommentWire

Next: tricky conditions affect another retailer

Next's extensive store expansion and resilient Directory business is no longer proving sufficient to keep sales positive. For the six months to July 2008, Next Brand sales were down 1.7%, and with retail conditions continuing to toughen, Next needs to brace itself for a bumpy ride ahead.

Published By Datamonitor
11 Sep 2008
CommentWire
CommentWire

Next: taking the brand route

Next has announced the development of a new, separate, 'Brand Only' website, widening its target market to a younger customer. Despite forecasting flat sales for this division in the second half of 2007/08, the Directory continues to be the growth engine of the Next Brand, and the new website could help expand its customer base without the associated costs of developing a new proposition.

Published By Datamonitor
11 Sep 2007
CommentWire
CommentWire

Next: sunshine boosts sales

Next has beaten its own sales expectations, an achievement which the retailer attributes to a better summer combined with a range of improvements. Although Next has fared well so far this year, the outlook remains challenging and it must maintain this momentum into the second half.

Published By Datamonitor
21 Jul 2009
Expert View
Expert View

Next: revitalization plans better late than never

Next's turnover was up 5.7% and operating profit up 7.8% in the year to January 2007. While Next Directory posted another solid performance, retail sales were more concerning, with like-for-like store sales falling by 7.2%. Simon Wolfson, chief executive, has outlined a strategy to revitalize the brand, and this largely reactive strategy should help deliver an improved performance in the mid-term.

Published By Datamonitor
22 Mar 2007
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Expert View

Next: lagging behind the competition despite growth

Next has reported a stark contrast in performance between its retail and direct businesses, with the former revealing a 4.1% sales uplift and the latter 15.3% growth. This reveals Next's reactive strategies have yet to help improve performance of its store portfolio, where more flexibility is needed to regain customers and drive sales uplifts.

Published By Datamonitor
14 Sep 2006
CommentWire
CommentWire

Next: improvement needed to boost store sales

The performance of Next Retail is now beginning to undermine the retailer's determination to continue to add space while it generates sales increases. With sales increasing just 0.8% in the 21 weeks to December 24th 2006 on a space increase of 11.6%, the benefits of new space is in doubt and the retailer cannot continue to rely on its catalog business to offset the stores' weak performance.

Published By Datamonitor
04 Jan 2007
CommentWire
CommentWire

Next: if you can't beat them, join them

Next once enjoyed strong growth via its reputation for quality wardrobe staples for the whole family, but now has to react to a clothing market that has moved towards a value, fast fashion model. A standalone Lime clothing outlet must produce a strong proposition however, to challenge Primark and Peacocks.

Published By Datamonitor
10 Jul 2006
Expert View
Expert View

Next: gloom but not doom

UK fashion retailer Next said that "2006 is going to be gloom but not doom" after countering a 5% reduction in average selling prices against a 1% increase in the gross margin across all stores. The retailer still has some way to go on improving sales but new ranges and larger stores may draw customers back in through Next's doors.

Published By Datamonitor
24 Mar 2006

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