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Expert View
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France's strict retail regulations and global food price inflation have led to a public outcry over purchasing power levels and high average basket costs. As a result, Verdict Research believes that some form of liberalization is on its way. This could lead to dramatic changes in the French retailing landscape, which remains more fragmented than the EU average due to its legislative environment.
Published By Datamonitor
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11 Apr 2008 |
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Expert View
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Laura Ashley has reported increased sales, strong profit growth and improved margins for the 26 weeks to July 28, which, given the current economic climate, deserves praise. However, with speculation mounting about an impending financial crisis, the clothing and furnishings retailer will no doubt see tougher times ahead and must be realistic about how it can face these challenges successfully.
Published By Datamonitor
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17 Sep 2007 |
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CommentWire
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Laura Ashley's revival continues with another encouraging trading update. However, with new stores cannibalizing existing store sales, the womenswear and home furnishings retailer must ensure it manages its store estate effectively to ensure that its recovery remains on track.
Published By Datamonitor
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18 Dec 2007 |
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CommentWire
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Laura Ashley has achieved impressive results for the first half of 2008, despite the tough retail climate, outperforming many rivals. However, it must address its struggling homewares division, which experienced significant drops in like-for-like sales. Expanding this area seems risky considering the state of the housing market, so the retailer should focus on its successful clothing division.
Published By Datamonitor
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26 Sep 2008 |
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CommentWire
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Laura Ashley's aggressive space expansion has resulted in respectable year-end results and strong profit growth. Although the performance of its clothing division was solid, furniture sales were more of a concern, with particularly poor like-for-like sales, as customers continued to steer away from big-ticket purchases.
Published By Datamonitor
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28 Mar 2008 |
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CommentWire
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Reporting its full year profits, Laura Ashley revealed strong like-for-like sales in clothing but, unsurprisingly given its exposure to the housing market, a decline in home accessories and furniture. However, the strength of the retailer's brand is helping to insulate it in a challenging market.
Published By Datamonitor
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01 Apr 2009 |
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CommentWire
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Leather upholstery retailer Land of Leather has delivered yet another set of robust sales figures, despite tough comparatives, after an exceptional year in 2006. However, as consumers feel the pinch from the recent interest rate rises and higher inflation, Land of Leather is set to find the coming year a challenge.
Published By Datamonitor
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01 Feb 2007 |
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CommentWire
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Sofa specialist Land of Leather unveiled a solid set of full year results with a 4.5% like-for-like sales increase and an 18% rise in operating profit. While the current vogue for leather sofas has helped, a solid business model should ensure that Land of Leather does not become a fashion victim.
Published By Datamonitor
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26 May 2006 |
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CommentWire
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The specialist retailer said that in the four month period like-for-like sales were up 5.7%, demonstrating its ability to ride out the tough conditions plaguing the UK retail environment. However, this sales growth is likely to slow down as Land of Leather reaches maturity and the competition heats up.
Published By Datamonitor
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03 Aug 2006 |
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CommentWire
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In one of the biggest upsets of the Christmas trading update season so far, UK furniture retailer Land of Leather has announced that a slump in sales will mean its profits fall short of expectations. Though 2008 will be a tough year for the retailer, the longer term prospects for Land of Leather remain favorable.
Published By Datamonitor
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07 Jan 2008 |
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