2013-02-16 13:27:05 - New Retailing research report from Verdict Research is now available from Fast Market Research
Despite Next’s strong performance online, its stores in the UK continue to struggle against the intense competition, encouraging it to focus on overseas expansion to reduce its dependence on the UK market. This Verdict company briefing includes estimated UK sales data and market shares for Next’s total clothing, womenswear, menswear, childrenswear, accessories and footwear.
Scope of this Report
* Benchmark Next’s performance in clothing by using Verdict's proprietary sales data for womenswear, menswear, childrenswear, accessories and footwear
* Understand the range of purchasing channels that Next offers its customers in order to maximise the potential of your own e-commerce proposition.
* Compare your allocation of clothing retail space with Next by uncovering Verdict's data on the space dedicated to over 30
Full Report Details at
While Next is exceptionally well adapted to the tastes of the UK consumer, like M&S it struggles to establish an appeal to a wider international audience, due to its conservatism in the way it translates fashion trends into its ranges compared with rivals like Zara, for example
Next has significantly increased its delivery coverage of overseas markets. By January 2012 it traded online in 48 countries, and by December 2012 this had risen to 61 countries. However, it will have to fine tune the design of its clothing ranges and invest in marketing if it is to broaden its international apeal
Next’s outlook for 2013 is cautious, as the economic climate will remain tough. It expects 2013/14 total brand sales growth of between 1.5% and 4.0% – a slightly weaker performance than what we expect for 2012/13. Despite competition in the clothing sector, Next’s continued investment in bolstering its ranges will stand it in good stead for 2013
Reasons to Get this Report
* What is Next’s share of the UK market for womenswear, menswear, childrenswear, accessories and footwear? What is Verdict's 2012 market share forecast?
* How have Next’s clothing sales and densities developed and how does Verdict see this changing? How does it allocate its space between categories?
* What are Next’s goals around international expansion of stores and online? What is the likely outcome?
* Which customer segments visit Next for clothing and footwear and what is its share of each demographic group?
Report Table of Contents:
* International expansion focused on online;
* Overseas online sales profitable and growing fast;
* UK move into big out-of-town lifestyle stores;
* Profits set to grow even in tough times.
* Focuses online for international growth
* Verdict outlook
* Weak record in international store expansion
* Recent key events
* (Untitled sub-section)
* Improves Directory service offer
* Grows international business through online
* Proposition & customer profile
* Margins improve and sales recover
* Current trading
* International store closures
* Space allocation
* Sector performance – UK clothing and footwear
* Clothing densities in decline
* Market shares
* Verdict company briefing
* Financial information
* Market size calculation
* Sales density calculation
* Further reading
* Table: Next company information 2013
* Table: Next retail proposition 2013
* Table: Next global key operating statistics 2008–13e
* Table: Next UK key operating statistics 2008 – 13e
* Table: Next global trading record 2003 – 13e
* Table: Next Non-UK trading record breakdown 2003 – 13e
* Table: Next UK and Ireland brand turnover and operating profits 2008–13e
* Table: Next global store portfolio 2003 – 13e
* Table: Next clothing space allocation 2011
* Figure: Next fascia 2013
* Figure: Next clothing visitor share by demographic group 2012
* Figure: Next footwear visitor share by demographic group 2012
* Figure: Next global sales and y-o-y change to January 2008–13e
* Figure: Next global operating profit to January 2007–12
* Figure: Next clothing space breakdown 2007–11
* Figure: Next UK clothing & footwear sales mix 2013e
* Figure: Next UK clothing sales (ex VAT) to January 2008–13e
* Figure: Next UK footwear sales (ex VAT) to January 2008–13e
* Figure: Next homepage highlights footwear offer May 2012
* Figure: Next UK clothing sales (ex VAT) per sq ft to January 2008–13e
* Figure: Next UK footwear sales (ex VAT) per sq ft to January 2008–13e
* Figure: Next clothing, womenswear and menswear market shares 2008–13e
* Figure: Next childrenswear, accessories and footwear market shares 2008–13e
About Verdict Group
With over 20 years' experience, Verdict Research is the UK?s leading authority on retailing, and publishes unrivalled independent analysis. Verdict reports, forecasts, briefings, consumer research and bespoke consulting services provide clients with a complete picture of the UK and international retail arena, helping retailers, manufacturers, service suppliers, city analysts and consultants to fully exploit opportunities within the sector. View more research from Verdict Research at www.fastmr.com/catalog/publishers.aspx?pubid=1005
About Fast Market Research
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