Latest Intelligence on Electricals and Electronics in Asia-Pacific

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Type Product title / description Pub Price
Expert View
Expert View

Amazon and eBay: net gains and losses

Amazon and eBay have reported contrasting sets of results, with Amazon enjoying a 14.5% sales uplift in the three months to June 30, 2009 while eBay's marketplace sector reported a 14.0% decline for the same period. With eBay set to continue shifting its offer away from auctions towards fixed price items, it has to strike a balance between its new strategy and keeping its core smaller businesses.

Published By Datamonitor
28 Jul 2009
Expert View
Expert View

Best Buy looks to widen horizons

US-based electrical goods retailer Best Buy is looking to build upon its existing international operations in Canada and China, CEO Brad Anderson has said in an interview. However he added that his stores were unlikely to appear in mature markets such as western Europe: this is sensible given that India or Latin America are likely to offer much brighter growth prospects.

Published By Datamonitor
07 Jun 2006
Expert View
Expert View

Gome: survival of the fittest

Given the recent influx of foreign companies, it is not surprising that China's leading electricals retailer Gome has chosen to merge with a smaller rival to consolidate its position. However, the Chinese market is changing and domestic retailers will have to improve their retail competencies if they are to maintain market leading positions.

Published By Datamonitor
19 Jul 2006
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

Hutchison 3G: forging distribution links

Hutchison 3G's products and services, branded '3', will now be sold in over 300 The Link and Dixons stores. The mobile operator has also reaffirmed that its delayed UK 3G service will launch in the next few months. Despite being a new entrant to the UK mobile market, Hutchison's management team, deep pockets and relationships with handset makers still leave it in a strong position.

Published By Datamonitor
08 Jan 2003
Expert View
Expert View

Kesa: three-pronged strategy may drive future growth

Kesa Electricals' trading update on its full year to April 30, 2009 reveals that like-for-like sales across its electricals business fell by 6.2%. Total sales increased by 9.8% but, over the same period, profit declined by 45.5%. In a bid to reverse this trend, the group has revealed more details of its three-pronged plan to re-shape its portfolio.

Published By Datamonitor
25 Jun 2009
CommentWire
CommentWire

Media Saturn: looking to expand both online and in growth markets

Metro Group, the world's fourth largest retailer, is to accelerate its expansion into growth markets and the development of its brands' e-commerce offerings. It is increasing its capital expenditure to E2.2bn for 2011, up from E1.9bn in 2010, with a particular focus on expanding the store networks of its Metro Cash & Carry, and Media Markt and Saturn banners in China, India, and Russia.

Published By Datamonitor
30 Mar 2011
Expert View
Expert View

Metro Group: negative currency effects and deflationary trends in food hurt sales

Cost-cutting measures helped German retail conglomerate Metro Group to achieve stable EBIT for the third quarter, despite a 4.6% drop in group sales to E15.6 billion caused primarily by declining food inflation and negative currency effects in Eastern Europe. While the rest of the year will remain challenging, growth in international markets will provide a further boost to sales.

Published By Datamonitor
05 Nov 2009
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

Tata: plugging into electricals

Tata plans to exploit the burgeoning electricals market through the development of a nationwide chain of stores under the Croma brand. This is a sound move by the group to build scale in a market currently devoid of foreign players, but once large foreign retailers are permitted unrestricted entry, it will find itself a ripe acquisition target.

Published By Datamonitor
04 Oct 2006

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