Report: UK Retail Briefing - Clothing Focus

Analyst Comment
Some Christmas
Some went according to plan
Demand for quality
The internet
Casualties
Outlook for 2007
Consumers still in boom mode
The Month in UK Retailing
Bakers (retail)
Greggs' likes-for-likes up for Xmas
Thorntons rebounds after difficult Q1
Co-ops (retail)
Co-operative Group enjoys soaring Xmas sales
Grocers
Asda
...launches into furniture market
...and cuts petrol prices
"Recovery on track," says Sainsbury' s
Tesco
...surpasses festive forecasts
...kicks off 2007 price war
...promises ' green consumption revolution'
...and moves into house-building
Supermarkets
...escape crackdown
...as BRC calls for end to enquiry
Morrisons
...posts Christmas like-for-likes increase
...and prepares to axe logo
Off-licences
A Majestic Christmas
Mixed Goods Retailing
Instore recovers momentum over Christmas
Wilkinson extends RightPrice range
Woolworths
...posts dismal festive results
...and may close up to 200 stores
Multi-Sector Retailing
Alliance Boots reports Q3 profits
Online sales soar at Virgin Megastores
HMV reports operating loss
Home Retail reports disappointing Christmas trading
Sales rise at John Lewis
Laura Ashley sees sales slow in H2
Next suffers difficult Christmas on the High Street
Marks & Spencer
...reports a good Christmas
...aims to become carbon-neutral
...and adds £500m to pension funding
Department stores
Beales suffer tough Christmas
Debenhams down at Christmas
Harrods ditches store cards
House of Fraser enjoys best ever Christmas
DIY Retailing
Focus examines sale options
Topps Tiles beats tough trading
Electrical Retailing
Kesa powers ahead
DSG posts strong UK results
Homewares Retailing
Dunelm sales show strength
Home shopping
Asos continues form over Christmas
Flying Brands hit by garden division sales
Littlewoods signs up Trinny and Susannah
N Brown sees festive sales soar
White Company continues to grow
Book and Stationery Retailing
Pre-Christmas sales please Clinton Cards
Music Zone, Greeting Card Group enter administration
Greeting Card Group sold in MBO
WH Smith reports further sales decline
Sports and leisure goods retailing
Sales continue to grow at John David
Sports goods retailers face compensation claim
Christmas sales disappoint Blacks Leisure
JJB Sports reports pleasing Christmas results
Jewellers
Signet' s like-for-likes rise
Theo Fennell reveals record Xmas
Garden centres
Blooms of Bressingham
...pleased with Xmas trading
...and enters takeover talks
Christmas sees Dobbies' sales jump over 30%
Toys and games retailing
An impressive Christmas for Game Group
Hamleys' boosted by festive sales
Miscellaneous specialist retailing
Jessops' like-for-likes disappoint for December
Executive Appointments
Alliance Pharmacy appoints trading and marketing director
Brown Thomas to search for new chief executive
George appoints Next director
Habitat UK manager to quit
Harris to split his Carpetright roles
HMV ousts UK head
Kurt Geiger hires retail chief
John Lewis appoints new MD
Lidl appoint top marketer
Limited exec joins QVC
Lister joins New Look team
Myriad loses top exec ahead of sale
Recovery plan for Dolcis
Two more directors quit Matalan
United Carpets appoints Tricker
Virgin Megastores appoint marketing chiefs
Waitrose marketing chief quits
Wharton joins Musgrave Budgens Londis
Product Development -- Baked Goods
Asda
Marks & Spencer
Morrisons
Somerfield
Tesco
Waitrose
Advertising News
New Campaigns
Asos to sponsor America' s Next Top Model
Carphone Warehouse suspends CBB sponsorship
First TV ads for Ilva
£4m food labelling campaign launched
Former Mis-Teeq star the new face of Ecko Red
Liz Hurley named new face of Monsoon
Morrisons £1m healthy eating campaign
MTV and The Body Shop introduce HIV/Aids campaign
Threshers discount a success
Traffic lights food campaign airs
Account gains/losses
Agent Provocateur hires Blowfish Digital
Carat and Zenith to fight for Superdrug
Hammonds appoints Doner Cardwell
House of Fraser £3m advertising review
Otto UK consolidates media task
PC World appoints Baber Smith
Sainsbury' s hire TMW for £1m DM task
Vision Express £7m ad account pitch review
Retail Advertising Review
Advertising expenditure
- Figure 1: Total advertising expenditure by all advertisers (£m), November 2002 -- November 2006
- Figure 2: Total advertising expenditure by all retail advertisers (£m), November 2002 -- November 2006
Use of media
- Figure 3: Use of media by retail and all advertisers (%), November 2005 and November 2006
- Figure 4: Use of media by retail and all advertisers (£m), November 2005 and November 2006
Top 25 retail advertisers
- Figure 5: Top 25 retailers by adspend (£), October 2006 -- November 2006
Food
Variety Stores
Furniture
Electricals
Other
Nielsen Media Research/ Definitions
Retail Sales and Inflation
Retail sales
Office for National Statistics
- Figure 6: Retail sales trends: December 2005 -- December 2006
- Figure 7: Non seasonally adjusted % value change on previous year, December 2005 -- December 2006
- Figure 8: Seasonally adjusted % volume change on previous year, December 2005 -- December 2006
Significant features of the latest ONS statistics
Confederation of British Industry
British Retail Consortium/KPMG
Retail price inflation trends
- Figure 9: Annual percentage change in retail price index for selected product groups: December 2005 -- December 2006
- Figure 10: Annual percentage change in retail price index for selected product groups: December 2005 -- December 2006
Retail Prices Index
Consumer Prices Index
British Retail Consortium: Shop Price Index
Sector Analysis -- Clothing and Footwear
Sales trends
- Figure 11: Clothing & footwear retailers: Sales trends, 1996-2006
- Figure 12: Clothing and footwear retailers as % all retail sales: 1997 -- 2006
Retail price inflation
- Figure 13: Indices of retail prices for product categories (clothing and footwear), Jan 1997- Dec 2006
Sales by sub-sector
- Figure 14: Breakdown of clothing retailers' sales by sub-sector, 1994-2006
Consumer expenditure
- Figure 15: Consumer expenditure on selected product categories, 1995-2006 Q3, (£m current prices including VAT, not seasonally adjusted)
Clothing retailers: latest trends
- Figure 16: Leading specialist clothing retailers, 2006
Footwear Retailing: latest trends
- Figure 17: UK: Leading specialist footwear retailers, 2004-05
Sector News Review: Clothing Retail
July
Clothing Retailing
Alexon sees troubles continue
Marchpole acquires luxury clothing company
Matalan
...founder given six weeks to bid
...and increases offer
Mexx to go online
Moss Bros experience challenging first-half
August
Clothing Retailing
Topshop
...cleared for US launch
...and announces Kate Moss design deal
Austin Reed
...rejects offer
...and returns to profit
Jacques Vert, Alexon mull sales
Fat face reveals fine full year
French Connection woes continue in first half
Clothing sales up at Matalan
Monsoon creates a storm with Sophie-Ellis-Bextor
Mosaic heads towards £800m float
River Island sues Debenhams
ABF updates Primark trading
Footwear Retailing
Stylo appoints Spitz
September
Clothing Retailing
Alexon
...sees sales hit by warm weather
...and scraps Mandolin
Burberry reveals retail sales rise
Cortefiel coming to UK
Dawnay, Day set to raise Austin Reed offer
Jaeger plans growth, US return
Matalan
...sees board recommend Hargreaves' offer
...as recovery plans are revealed
Mk One records 16-month loss
Monsoon reveals trading difficulties
Moss Bros
...reveals interim profit drop
...as Baugur considers bid
Mothercare boosted by international sales
New Look abandons flotation plans
Ted Baker
...looks east for expansion
...as success continues
October
Clothing retailing
Arcadia
...see sales and profits fall
...plans to overhaul stores
Austin Reed board accepts £49 million offer
Burberry records interim profit drop
Lion Capital buys Contessa
Gap
...reveals Mouret dresses line
... and immediately sees them sell out
Ashley buys Kangol
Matalan posts further sales fall
Monsoon chief exec sells up
Mothercare profits in first half
Paul Smith expansion continues
Peacocks plans flagship, considers more womenswear stores
Primark posts sales, profit rise
November
Clothing retailing
Adams Childrenswear put up for sale
Austin Reed set for expansion, possibly Germany
Gap to launch Banana Republic in UK
Baugur
... to buy into Allsaints
... plans big UK deals and US move
Mk One to sell 20 stores
Amazon to run Mothercare' s online platform
Mulberry profits in first half
Office reports success while USC/D2/Qube slump
Footwear retailing
Alexon to sell Dolcis to mystery buyer
Kinnaird' s Hamsard 3032 gets Dolcis
December
Clothing retailing
Like-for-likes down at Alexon
Booming online sales for Ann Summers
Burberry reports bumper Q3
Moss Bros issues profit warning
Mothercare suffers difficult Q3
New Look reports solid Christmas trading
Ted Baker reports 11% growth
Sector Advertising Review -- Clothing
Advertising expenditure
- Figure 18: Total advertising expenditure by clothing retailers, November 2002 -- November 2006
Use of media
- Figure 19: Use of media by clothing retailers and all retailers (%), November 2005 and November 2006
- Figure 20: Use of media by clothing retailers and all retailers (£m), November 2005 and November 2006
Top ten clothing retail advertisers
- Figure 21: Top ten clothing retailers by adspend, November 2005 and November 2006
Retailer focus
Marks & Spencer
- Figure 22: Marks & Spencer, media use by adspend and as share of total, November 2005 -- November 2006
- Figure 23: Marks & Spencer, top five brands by adspend, November 2006
Matalan
- Figure 24: Matalan, media use by adspend and as share of total, November 2005 -- November 2006
- Figure 25: Matalan, top two brands by adspend, November 2006
Clarks
- Figure 26: Clarks, media use by adspend and as share of total, November 2005 -- November 2006
- Figure 27: Clarks, top five brands by adspend, November 2006
H&M
- Figure 28: H&M, media use by adspend and as share of total, November 2005 -- November 2006
- Figure 29: H&M, top five brands by adspend, November 2006
Nielsen Media Research/ Definitions
Report Focus: Gift List Services
Consumers: who, where and why
Market worth over £280m
Weddings dominate gift list market
List value size varies
- Figure 30: You and Your Wedding average value of gift lists 2004--06
Difficult to quantify market size
Market shows steady growth
Figure 31: Market size for gift list services, 2000-06
Profiles of leading Gift List Services Retailers
John Lewis
Background
Setting up a gift list
Making a gift purchase
Delivery of gifts
Evaluation of gift service
Debenhams
Background
Setting up a wedding list
Making a gift purchase
Delivery of gifts
Evaluation of gift service
General trading store (The Wedding List Company)
Background
Setting up a wedding list
Making a gift purchase
Delivery of gifts
Evaluation of gift service
Background
Setting up a wedding list
Making a gift purchase
Delivery of gifts
Evaluation of gift service
Argos
Background
Setting up a wedding list
Making a gift purchase
Delivery of gifts
Evaluation of gift service
Focus
Background
Setting up a wedding list
Making a gift purchase
Delivery of gifts
Evaluation of gift service
Amazon.co.uk
Background
Setting up a wedding list
Making a gift purchase
Delivery of gifts
Evaluation of gift service
The Wedding Shop
Background
Setting up a wedding list
Making a gift purchase
Delivery of gifts
Evaluation of gift service
Confetti
Background
Setting up a wedding list
Making a gift purchase
Delivery of gifts
Evaluation of gift service
Wedding presents direct
Background
Setting up a wedding list
Making a gift purchase
Delivery of gifts
Evaluation of gift service
Growth only for some in the gift list market
Wedding list trends -- the adventurous, the aspirational and the altruistic
Internet revolution but not on its own
Gift list futures
What does the future hold for gift list services ?
Weddings on the rise again
Charity wish lists more popular for anniversaries
Gift lists become less traditional
Rising affluence boosts market
Upmarket retailers likely to thrive
Pink pound offers an opportunity for growth
Internet offers further room for expansion
Internet offers unique advantages
Weddings remain the only opportunity for real growth

UK Retail Briefing - Clothing Focus - January 2007

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