UK Footwear Retailers 2006 - New Research Report on Companies and Markets
2008-07-06 14:07:16 -
www.companiesandmarkets.com adds new report - UK Footwear Retailers 2006 www.companiesandmarkets.com/Summary-Market-Report/UK-Footwear-Re ..
Introduction
With the slowest growth for seven years, price deflation and cost inflation, participants in the UK footwear market are fighting to capture what little additional spend is in the market. To survive and thrive retailers need this accurate and insightful analysis of the market, with values, forecasts and performance measures they can use to shape future, successful strategies.
Scope
*Comprehensive market coverage - ten years´ data on footwear expenditure, including men´s, women´s and children´s footwear.
*Market shares and key operating statistics of 21 major operators; 12 footwear specialists, 3 sports specialists, 4 clothing retailers and 2 grocers.
*Retailer profiles include sales, operating profit and margins, sales per sq ft, store and space growth plus retail operations and company outlook.
*Analysis of the market dynamics and issues, with recommended actions to produce winning strategies. Also includes market value forecasts to 2008.
Highlights
The footwear market will register its lowest growth in seven years in 2006 - increasing by just £36m. Price deflation from the growing influence of the clothing specialists has been a major influence in slowing growth, but specialists lacking innovation and lagging behind in exploiting the high growth accessories market has also been a factor.
Specialists have lost £146m in sales this year as clothing and sports specialists encroach further and further into their market. Meanwhile clothing specialists have added £114m of extra sales as they expand their product ranges beyond their core clothing offer, increasing sales and average transaction values from cross selling opportunities.
Slowing sales and rising costs have reduced specialists investment in new space or upgrading existing space. These two factors have compounded their difficulties - consumers demand innovative and attractive store environments to justify higher price points, while price-led offers require scale to survive.
Reasons to Purchase
*Quantify opportunities in the footwear market and enhance your understanding of the key issues, trends and dynamics in the market.
*Benchmark performance measures and use best practice examples and action points to devise a competitive strategy in this highly competitive market.
*Be aware of the challenges that face all operators in the market as well those of different retail formats to ensure productive, growth plans.