Latest Intelligence on Home Furniture and Housewares in Asia-Pacific

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Type Product title / description Pub Price
CommentWire
CommentWire

Habitat: home is where the hurt is

It has been revealed that Jens Nordahl will leave Habitat at the end of August to become Lego Holding's chief executive. However, this may be the least of Habitat's troubles: other executives are also believed to be considering their future, and with the retailer's recently poor financial performance set to continue, rumors are rife that parent company IKANO is looking to sell.

Published By Datamonitor
05 Jun 2008
CommentWire
CommentWire

Hermes: bags strong growth in Asia

Hermes has reported a resilient performance in the first quarter of 2009, with sales up 3.2% to E428.4 million. Turnover was driven by sales of leather goods, especially in Asia, while favorable currency effects helped to further boost revenue. However, a weaker performance in other product categories and softening demand in Europe pose problems for the future.

Published By Datamonitor
08 May 2009
CommentWire
CommentWire

HRG: spreading the risk

The benefits of a multi-channel, multi-fascia retail business were shown when the UK's HRG reported contrasting fortunes for its two retail brands, Homebase and Argos, over the last quarter. While there is a certain amount of crossover between the two businesses, each one's different focus helps insulate the group from poorly performing markets.

Published By Datamonitor
13 Sep 2007
CommentWire
CommentWire

Inditex: expanding internationally to counter downturn in Spain

Spanish firm Inditex, Europe's largest clothing retailer, has reported a strong overall performance for fiscal 2007. In addition, further international expansion and the launch of a new brand will put the group in a good position to weather the storm in its domestic market, which is facing an economic downturn.

Published By Datamonitor
31 Mar 2008
CommentWire
CommentWire

Kingfisher: B&Q upsets a good performance

On the surface, Kingfisher's results look promising, with a 6.4% rise in total sales, helped by a 1.9% like-for-like improvement, but beneath this, the Group has a number of underperforming divisions it needs to address. Crucially, this includes B&Q in the UK, and with an uncertain economic outlook in the UK, B&Q has its work cut out.

Published By Datamonitor
30 Nov 2007
Expert View
Expert View

Kingfisher: positive results but tough times ahead

Home improvement retailer Kingfisher has experienced a largely positive 2010 so far, with retail profit boosted by an increased focus on cost efficiency and cash generation. However, with its key markets - particularly the UK and Ireland - showing no imminent signs of significant upturn, 2010 is shaping up to be a difficult year for the group.

Published By Datamonitor
26 Mar 2010
CommentWire
CommentWire

PPR: outstanding 2007 performance

French group PPR achieved strong growth in 2007; overall revenues grew by 16.1% to E19.8 billion, or 7% on a like-for-like basis. As the group's 2007 operations were impacted upon by the acquisition and integration of Puma, it is clear that the company has not taken its eyes off the ball. Although PPR's future outlook is broadly positive, worries remain about Conforama and Redcats.

Published By Datamonitor
27 Feb 2008
CommentWire
CommentWire

Woolworths' Masters Home Improvement aims to teach Bunnings a lesson

Competition between two of Australia's largest retailers, Woolworths and Wesfarmers, is set to focus on the DIY sector with the launch of Woolworths' big box chain Masters Home Improvement later this year. Woolworths' impact on the DIY market will depend on its ability to differentiate itself from market leader Bunnings, which has already adapted its strategy in preparation for the showdown.

Published By Datamonitor
06 May 2011

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