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Expert View
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US casualwear brand Abercrombie & Fitch opened its first store outside North America on March 22 in London. The company plans to open flagship stores in other European cities, as well as in Japan, as it grows into a global brand. The question is whether it will achieve success with its typically American style or end up with Gap's core problem - being unable to adapt to different markets.
Published By Datamonitor
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22 Mar 2007 |
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Expert View
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Although many global retailers are suffering from deteriorating consumer confidence, a new report from Verdict Research predicts that retail sales at airports will grow by 11% in 2008 to $30 billion, making it the fastest growing channel of retail after the internet. Furthermore, airport retail sales are set to continue to grow strongly over the next five years, particularly in emerging markets.
Published By Datamonitor
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18 Aug 2008 |
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Expert View
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Airport retailing grew in Asia Pacific by 20% to $12.2bn in 2012, enabling it to surpass Europe to become the largest region for the first time. Verdict's Global Airport Retailing 2013 report shows that China is the main catalyst for this, with its increasing economic power and continued major expansion in air travel infrastructure, and the desire of its growing middle class to travel abroad.
Published By Datamonitor
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14 Feb 2013 |
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Expert View
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Since entering the Australian market in 2001, German discount retailer Aldi has experienced strong growth. Due to its extensive private label range, locally sourced products, and discount pricing, the company has now gained widespread acceptance, and is a key threat to Coles' and Woolworths' dominance of the Australian retail landscape.
Published By Datamonitor
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14 Feb 2011 |
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Expert View
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Last month, grocery retailer Aldi became the first retailer in Australia to launch a carbon footprint label in its stores, introducing an everyday olive oil range that features a Carbon Reduction Label. The launch will appeal to the growing number of environmentally conscious Australians, but competing environmental and ethical claims may impact upon its success.
Published By Datamonitor
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09 Nov 2010 |
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In the wake of improved net profits in 2009, Aldi has announced further investment in its Australian infrastructure and stores. Investing in the market will enable the discounter to boost market share, and help to reduce the dominance of Woolworths and Coles. Furthermore, Verdict research shows that Australian consumers are particularly responsive to Aldi's core proposition: private label.
Published By Datamonitor
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14 Sep 2010 |
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CommentWire
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With strong economic growth, changing demographic patterns, and the reform and expansion of health care systems, China is an attractive market for Alliance Boots. The investment vehicle formed to acquire the 50% share in Guangzhou Pharmaceuticals Corporation, one of China's leading wholesalers, will provide a platform for further expansion.
Published By Datamonitor
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29 Jan 2007 |
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Expert View
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Amazon and eBay have reported contrasting sets of results, with Amazon enjoying a 14.5% sales uplift in the three months to June 30, 2009 while eBay's marketplace sector reported a 14.0% decline for the same period. With eBay set to continue shifting its offer away from auctions towards fixed price items, it has to strike a balance between its new strategy and keeping its core smaller businesses.
Published By Datamonitor
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28 Jul 2009 |
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Expert View
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Online retailer Amazon has reported that group sales rose 35% to $2.89 billion in the three months to 30 June 2007. This was accompanied by its operating margin more than doubling to 4.1%. With the slew of heavy investment now firmly behind it and a range of initiatives coming into place - including a digital music download platform - the future looks bright for Amazon.
Published By Datamonitor
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26 Jul 2007 |
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CommentWire
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The new owner Harold Tillman's success at Jaeger bodes well for the future of Aquascutum and marks the end of a difficult period for the brand. While the current economic climate has negatively impacted demand for luxury products, Verdict believes that this acquisition should prove beneficial to the brand over the long term.
Published By Datamonitor
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08 Sep 2009 |
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