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Despite a weak like-for-like performance, LVMH reported marginal growth in a tough economic climate for the first quarter of 2009. While LVMH is in a stronger position to weather the storm than some rival luxury players due to its strong brands and extensive geographical spread, sales are likely to decline further in the year ahead as the economic downturn shows little signs of improving.
Published By Datamonitor
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23 Apr 2009 |
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CommentWire
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McDonald's Corporation has garnered yet more negative publicity, as new research from a US university has found that children as young as three have shown a preference for the fast food giant's branded food. While the findings highlight the dangers of marketing junk food to kids, the research could provide an opportunity for the company to launch more wide-ranging healthier kids' menus.
Published By Datamonitor
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08 Aug 2007 |
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CommentWire
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With a turnover in 2006 of over E87 billion, French supermarket giant Carrefour is currently the second largest retailer in the world in terms of sales, behind Wal-Mart. While only a rumor, there remain a number of reasons why a leading global grocery retailer might be interested in taking it over.
Published By Datamonitor
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14 Feb 2007 |
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CommentWire
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Starbucks looks set to take over McDonald's crown as the most omnipresent corporate brand, with the company planning an ambitious growth strategy in 2007. In some instances, this has prompted complaints that the company is being insensitive about where it locates its shops. However, with quarterly results on target, the investment community is more than happy to see the company thrive.
Published By Datamonitor
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02 Feb 2007 |
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