Clothing Retailing - France - September 2008

Clothing Retailing - France - September 2008

About this report
The Clothing Retailing in Europe report series covers the 19 leading economies of Western Europe. In total these countries account for around 98% of all European retail sales, excluding Russia. The remaining ten countries are either too small (eg Luxembourg) or are not sufficiently well developed to warrant detailed coverage (eg Romania and Bulgaria). These developing countries plus Russia and Turkey are covered in the Mintel report on Emerging Markets, 2007. We have produced Major Profiles of 16 top clothing retailing groups in Europe. For many countries we also include smaller profiles (40 in total) on other significant players, both domestic and foreign as relevant.

The data in its entirety is contained in the single copy 19-country report, which gives a full overview of clothing retailing in Europe. Single country reports are also available for the UK, France, Germany, Spain and Italy.

The focus of the reports is the clothing specialists, because these are the dominant players in the sector.

The clothing sector faces major challenges:

Competition from non-specialists such as hypermarkets and department stores is keeping prices low.

Inflationary pressures on core areas across Europe are hitting the consumer’s ability to spend on discretionary areas.

An expected downturn in consumer confidence across Europe will intensify competition for share of consumer spend.

Mintel European Retail Intelligence provides independent, expert coverage of the major retail sectors throughout Europe. Each title in this series analyses retailing trends in up to 19 European markets, including the Scandinavian nations and Eastern European countries such as the Czech Republic and Poland as well as the major Western European markets.

The coverage provided by each report is as accurate, relevant and up-to-date as possible, combining in-house sector expertise with retailer performance data, taken directly from industry and trade sources.

With titles ranging from 'DIY Retailing in Europe' through to 'Food Retailing in Europe', each market examination includes studies of:

background economic and demographic data
market sizes
regional retailing trends and issues
market drivers
consumer expenditure
consumer trends
leading pan-European retailers
domestic retailers
market forecasts
If you want more details about this particular report, please contact the Mintel information team on +1 312-932-0400 in the U.S., +44 028-90-241-849 in Northern Ireland, +353 048-90-241-849 in the Republic of Ireland or +44 (0)20-7606-6000 in the UK and the rest of the world, or email info@mintel.com.

Contents

Market in Brief
The future
Market size and performance
The competitive landscape
Report Scope

Technical notes
Definitions
Financial definitions
Currencies
Country codes
Figure 1: Country codes
VAT
Figure 2: Europe: Standard VAT rates, 2007
Broader Market Environment
Positive factors
Negative factors
Gradual population growth
Figure 3: France: Population trends, 2003-08
Figure 4: France: Population projections, by age group, 2005-45
Economy
GDP – improvement but inflation is proving costly
Figure 5: France: Gross domestic product, 1996-2007
Undermining consumer confidence
Figure 6: France: Household consumer expenditure, 1995-2007
Extended period of consumer malaise
Figure 7: France: Consumer confidence, January 1996-May 2008
Inflation set to increase
Figure 8: France: Consumer prices, 2002-07
The Market in Context
Key findings
Disappointing clothing performance
Figure 9: France: Consumer spending on selected categories of goods, 2003-07
Prices fall to encourage demand
Figure 10: France: Consumer price indices for major product categories, 1998-2007
Figure 11: France: Consumer price indices for clothing by product type, 1998-2007
Channels of distribution
Sector Size and Forecast
Key findings
Economic outlook
Retail prospects
Figure 12: France: Retail sales, 2003-12
Recent trends in French clothing retail
Enterprise data
Figure 13: France: Furniture retailers, enterprise numbers, 2001-05
Retail Competitor Analysis
Key findings
Home grown talent
Vivarte top of the class
Inditex closing the gap
Other foreign players looking to make inroads
Figure 14: France: Leading players in the clothing sector, 2007/08
Market shares and evaluation
Figure 15: France: Leading clothing specialists’ market shares, 2007
Benetton Group
Figure 16: Benetton (Europe): Sales as share of clothing specialists in Europe, 2003-07
Strategic evaluation
History
Financial performance
Figure 17: Benetton Group: Group financial performance, 2003-07
Store portfolio
Figure 18: Benetton Group: Outlet data, 2003-07
Retail offering
Market positioning
Product offer
Figure 19: Benetton Group: Sales by brand, 2007
Advertising and marketing
e-commerce and home shopping
C&A
Figure 20: C&A: Sales as share of clothing retailers’ sales in Europe, 2005-07
Figure 21: C&A Germany: Sales as share of clothing retailers’ sales in Germany, 2003-07
Strategic evaluation
History
Financial performance
Figure 22: C&A: Group sales performance, 2005/06-2007/08
Figure 23: C&A: Share of group sales by market, 2007/08
Store portfolio
Figure 24: C&A: Outlet data, 2003/04-2007/08
Figure 25: C&A, Sales per Outlet in selected countries, 2005-07
Figure 26: C&A: Fascias operated by C&A in Europe, 2008
Retail offering
Market positioning
Brands and product offer
Pricing
Operational issues
Advertising and marketing
e-commerce and home shopping
Diramode

Recent history
Financial performance
Store portfolio
Figure 27: Diramode: Outlet data, 2006
Retail offering
Market positioning, products and brands
Operational issues
e-commerce and home shopping
Esprit
Figure 28: Esprit: Sales as share of clothing specialists’ sales in Europe, 2003-07
History
Financial performance
Figure 29: Esprit: Group financial performance, 2002/03-2006/07
Figure 30: Esprit: Sales performance by channel and region, 2002/03-2006/07
Figure 31: Esprit: Sales performance by region, 2002/03 and 2006/07
Store portfolio
Figure 32: Esprit: Outlet data, 2002/03-2006/07
Figure 33: Esprit: Store network by region and type, June 2007
Retail offering
Market positioning
Brands and product offer
Figure 34: Esprit: Product mix, 2006/07
Pricing
e-commerce and home shopping
Etam Group
Figure 35: Etam Group: Sales as share of clothing specialists’ sales in Europe, 2003-07
Recent history
Financial performance
Figure 36: Etam Group: Group financial performance, 2003-07
First half 2008
Store portfolio
Figure 37: Etam Group: Outlet data, 2003-07
Figure 38: Etam: Outlet numbers by brand, 2003-07
Retail offering
Market positioning and brands
Figure 39: Etam Group Brands, 2007
Advertising and marketing
e-commerce and home shopping
Gap
Figure 40: Gap Inc: Sales as share of clothing specialists in UK, 2002-06
History
Financial performance
Figure 41: Gap Inc: Group financial performance, 2003/04-2007/08
Store portfolio
Figure 42: Gap Inc: Outlet data, 2004-08
Retail offering
Market positioning
Brands
Product offer/pricing
e-commerce and home shopping
Grupo Inditex
Figure 43: Grupo Inditex: Sales as share of clothing specialists’ sales in Europe, 2003-07
Strategic evaluation
Recent history
Financial performance
Figure 44: Grupo Inditex: Group financial performance – continuing operations, 2003/04-2007/08
Figure 45: Grupo Inditex: Sales growth by type, 2003/04-2007/08
Figure 46: Grupo Inditex: Estimated sales in key European markets, 2004/05-2007/08
Figure 47: Grupo Inditex: Consolidated sales by geographic region, year to January 2004-08
Figure 48: Grupo Inditex: Sales performance by fascia, 2003/04-2007/08
Store portfolio
Figure 49: Grupo Inditex: Outlet and country numbers, 2003/04-2007/08
Figure 50: Grupo Inditex: Outlet numbers by fascia, 2003/04-2007/08
Figure 51: Grupo Inditex: Outlet data by fascia, 2003/04-2007/08
Figure 52: Grupo Inditex: European outlet numbers by country and fascia, January 2008
Figure 53: Grupo Inditex: Breakdown of proportion of company owned and franchise stores, by fascia, 2006-07
Figure 54: Grupo Inditex: Expansion plans, 2008
Retail offering
Market positioning
Zara
Massimo Dutti
Bershka
Figure 55: Grupo Inditex: Company websites, 2008
H&M Hennes & Mauritz
Figure 56: H&M Hennes & Mauritz: Sales as share of clothing specialists’ sales in Europe, 2003-07
Figure 57: H&M Hennes & Mauritz: Sales as share of clothing specialists’ sales in the UK, 2003-07
Strategic evaluation
Recent history
Financial performance
Figure 58: H&M Hennes & Mauritz: Group financial performance, 2002/03-2006/07
Figure 59: H&M Hennes & Mauritz Sales by: country, 2002/03-2006/07
Store portfolio
Figure 60: H&M Hennes & Mauritz: Outlet data, 2003-07
Figure 61: H&M Hennes & Mauritz: Sales per outlet, 2003-07
Figure 62: H&M Hennes & Mauritz: Comparison of percentage increase in sales vs percentage increase in outlet numbers, European markets, 2005/06-2006/07
Retail offering
Market positioning
Brands
Figure 63: H&M, own brand portfolio, 2008
Product offer/pricing
H&M – Cos
Operational issues
Advertising and marketing
Figure 64: H&M Hennes & Mauritz: Breakdown of advertising expenditure in the UK, 2007
e-commerce and home shopping
Mango Group
Figure 65: Mango Group: Sales as share of clothing specialists’ sales in Europe, 2003-07
Figure 66: Mango Spain: Sales as share of all clothing specialists’ sales in Spain, 2003-07
Strategic evaluation
Recent history
Financial performance
Figure 67: Mango Group: Group financial performance, 2003-08
Figure 68: Mango: Estimated performance by major markets, 2007
Store portfolio
Figure 69: Mango Group: Outlet data, 2002-07
Figure 70: Mango Group: Breakdown of stores in Europe, 2004-08
Retail offering
Market positioning
Brands
Product offer
Pricing
Advertising and marketing
Figure 71: Mango: Breakdown of advertising expenditure in the UK, 2007
e-commerce and home shopping
New Look
Figure 72: New Look: Sales as share of clothing specialists’ sales in Europe, 2003-07
Figure 73: New Look: Sales as share of clothing specialists’ sales in UK, 2003-07
Strategic evaluation
Recent history
Financial performance
Figure 74: New Look Group Plc: Group financial performance, 2003/04-2007/08
Store portfolio
Figure 75: New Look Group Plc: Outlet data, 2004-08
Figure 76: New Look Group: Outlet data by country, 2007-08
Retail offering
Market positioning
Brands/product offer
Figure 77: New Look womenswear own brand clothing portfolio, 2008
Pricing
Operational issues
Advertising and marketing
Figure 78: New Look: Breakdown of advertising expenditure in the UK, 2007
e-commerce and home shopping
Vivarte
Figure 79: Vivarte: Sales as share of clothing, footwear and textiles specialists’ sales in Europe, 2003-07
Strategic evaluation
Recent history
Financial performance
Figure 80: Vivarte: Group financial performance, 2002/03-2006/07
Store portfolio
Figure 81: Vivarte: Clothing Outlet data, 2008
Retail offering
Market positioning/Product offer
e-commerce and home shopping