Latest Intelligence on Retailing

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Type Product title / description Pub Price
CommentWire
CommentWire

Aldi: strong UK prospects dampened by rivals

A 10% rise in sales and an operating profit increase of 110% in the UK and Eire show the merits of Aldi's strategy to re-align itself with a more quality-led proposition. However, Aldi remains a small player in a market dominated by incumbent players.

Published By Datamonitor
26 Oct 2006
CommentWire
CommentWire

Aldi: upmarket move in the right direction

Aldi's plans to reposition itself through the introduction of more premium lines and by communicating value for money rather than simply low prices is a step in the right direction. The retailer's recent sales uplifts are evidence of its success, and the strategy fits in with Aldi's future expansion plans.

Published By Datamonitor
03 Mar 2006
CommentWire
CommentWire

Alexon Group: Bay no longer Trading

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
24 Apr 2009
Expert View
Expert View

Alexon Group: new broom sweeps clean

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
24 Sep 2008
CommentWire
CommentWire

Alexon: giving itself the boot?

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
21 Aug 2006
CommentWire
CommentWire

Alexon: in need of brand overhaul

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
05 Oct 2006
CommentWire
CommentWire

Alexon: management change could be beneficial

The Alexon Group has received an indicative approach for the business, thought to be from the European private equity house, Cognetas. Whoever decides to take on the fashion retail group should be able to produce better results than the current management.

Published By Datamonitor
06 Feb 2007
CommentWire
CommentWire

Alexon: mixed performance, challenging outlook

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
25 Sep 2007
Expert View
Expert View

Alexon: still looking for direction

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
28 Mar 2006
CommentWire
CommentWire

Alexon: stripping off its under-performing units

Retail group Alexon is aiming to strengthen its focus on its core womenswear business; after selling off the Dolcis chain, and closing its mid-market venture Mandolin, it is now considering the future of its menswear unit. Although the timing of a potential sale is not ideal, Alexon has struggled to achieve strong sales growth in its most promising brands and may benefit from fewer distractions.

Published By Datamonitor
05 Jun 2007

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