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Expert View
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In its results for the year to April 30, 2008, which was also its first financial year as a public listed company, ethical e-retailer Adili achieved impressive sales growth of 436%, giving it total sales of GBP354,000. However, the retailer also made a loss of GBP1.59m, which means that it will need to prioritize profitability without reducing key investments.
Published By Datamonitor
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08 Oct 2008 |
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CommentWire
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Alexon Group has announced that it is putting its young fashion chain, Bay Trading, into administration. This removes a drain on the group's performance and leaves it with a much more focused and relevant brand mix. However, it has left Alexon Group with credit insurance problems and inevitable costs.
Published By Datamonitor
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24 Apr 2009 |
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Expert View
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Alexon's new CEO has presented the group's interim results for the first half of the year to July 2008. The dismal performance included sales down 5.3% and operating profit down 39.6%. However, with a new, female CEO who can identify with the customer and has relevant experience, the company should now be able to exploit a sizeable market opportunity.
Published By Datamonitor
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24 Sep 2008 |
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CommentWire
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Alexon has lost half of its market value since April, meaning it could be ripe for a takeover bid. Alexon is believed to want a full company sale, but the limited synergies between the footwear and fashion arms of the business is likely to result in the business being split anyway.
Published By Datamonitor
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21 Aug 2006 |
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CommentWire
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The Alexon Group announced that "while the brand had long term potential" it would be discontinuing its Mandolin fascia. This closure was not unexpected and is symptomatic of Alexon management's lack of understanding of both the market and its core customers.
Published By Datamonitor
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05 Oct 2006 |
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CommentWire
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Alexon has seen comparable sales continue to fall in the first half of 2007/08. Despite this, gross margins were 1.5% higher and the company ended the period with a lower level of stock, allowing it to enter H2 with a higher proportion of full-priced merchandise which should go some way towards maintaining margin improvements for the full year. However, conditions remain challenging.
Published By Datamonitor
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25 Sep 2007 |
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Expert View
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Alexon, the retail group that owns Bay Trading and Dolcis shoe shops, has seen its full-year profits dented following the demise of Allders which will cost the company GBP3 million a year in earnings. However, Alexon is a realistic retailer not afraid to alter its strategy to fit the current trading environment.
Published By Datamonitor
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28 Mar 2006 |
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CommentWire
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Having agreed to be purchased by public investment company Endeavor Acquisition Corp, American Apparel will now be in a position to ramp up its aggressive expansion plans throughout the world. The deal will enable the retailer to reach public status more quickly than the traditional IPO but also without much of the inspection normally associated with this process.
Published By Datamonitor
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21 Dec 2006 |
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Expert View
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American Eagle Outfitters' August performance stands out above its competition. It posted like-for-like sales growth of 11.0%, outperforming main rivals Abercrombie & Fitch Co. (+6.0%), Gap Inc (-7.0%) and Aeropostale Inc. (+3.3%). Its ability to adapt to emerging trends from its core audience looks set to keep it ahead.
Published By Datamonitor
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01 Sep 2006 |
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CommentWire
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Ann Summers's plans to give its stores a more upmarket feel will mean moving its famous pleasure toys to the back of its stores and changing shop layouts so that the focus is very much on its lingerie range. However, due to its renowned image, changing consumer perception of the brand will be challenging, especially amid the intense competition that the retailer faces in the lingerie market.
Published By Datamonitor
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04 Jun 2008 |
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