Latest Intelligence on Retailing in Middle East and Africa

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Type Product title / description Pub Price
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
Expert View
Expert View

Retail facing difficult year as like-for-likes go negative

UK retailing is facing one of its toughest ever years as the sector attempts to come to terms with a dangerous cocktail of intense competition, space saturation, consumer apathy and slowing spend. The coincidence of these trends will mean that on a like-for-like basis, retail spend will contract in 2008, causing a significant number of retailer causalities.

Published By Datamonitor
13 Feb 2008
CommentWire
CommentWire

Luxury goods: past investment will pay off in 2008

LVMH continued to ride high on the wave of interest in luxury goods during 2007, with total revenues for the 12 month period up 8% to E16.5 billion. Although 2008 is shaping up to be a tougher year for luxury manufacturers and retailers, for those that have invested in brand and geographic diversification, the year need not be as bad as some might fear.

Published By Datamonitor
08 Feb 2008
CommentWire
CommentWire

Gap: rocky start to 2008 could hamper recovery

The January sales have bought little cheer for international fashion chain Gap. Its turnaround program has struggled to gather positive momentum, with same-store sales down 2% in January following a disappointing Christmas. Going forward, Gap will be keen to lay the foundations for a more positive year ahead, but with the global economy still rocky, the company has its work cut out.

Published By Datamonitor
08 Feb 2008
CommentWire
CommentWire

Jaeger: new agreement will see further international expansion

Jaeger's Middle Eastern expansion, which will be facilitated through an agreement with the Sultan Group, marks a further move to increase the retailer's international presence. Its developments within the UK market, alongside considered moves into international markets, should see the brand well placed to continue its revival.

Published By Datamonitor
07 Feb 2008
Expert View
Expert View

Waitrose: blueprint for international growth?

Waitrose has signed a licensing agreement to open more than 20 sites in the Gulf by 2010. Waitrose's decision to license its fascia to a retail partner in the Gulf is a further indication of the retailer's more aggressive approach to expansion. If successful, it could provide the template for further international growth alongside the buoyant prospects of its UK operations.

Published By Datamonitor
02 Jan 2008
Expert View
Expert View

Department stores: see brighter future as growth rate doubles

Department store retailing, a concept that seemed to be heading for terminal decline globally only a few years ago, now has a brighter future. Following a period of consolidation, investment and expansion in both mature markets and fast developing economies have given a new lease of life to the sector. Verdict Research forecasts that this sector's growth rate will double over the next five years.

Published By Datamonitor
09 Nov 2007
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Expert View

Retailers turn to new technologies to retain market share

Faced with the threat of online retailing and other pressures, retailers globally are seeking to win back market share by making the customer shopping experience more theatrical. As a result, it is expected that retailers will seek to streamline the buying experience, bringing it more in line with internet shopping in terms of ease and speed of transaction, to ensure market share is retained.

Published By Datamonitor
04 Oct 2007
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Expert View

Tesco: weaker UK performance offset by progress abroad

Against expectations that its interim results would be substantially weaker than a year ago, Tesco has delivered impressive growth of 9.2% to GBP24.7 billion in the six months to August. While performance in the UK has been less impressive, it is balanced by encouraging international results and should recover form as ongoing investment programs deliver returns.

Published By Datamonitor
03 Oct 2007
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

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