Clothing Retailing - Spain - October 2011

EXECUTIVE SUMMARY
REPORT SCOPE
 TECHNICAL NOTES
Definitions
Non specialists and non-store retailers
Market sizes
Financial definitions
Currencies
Country codes
Figure 1: Country codes
VAT
Figure 2: Europe: Standard VAT rates, 2010/11
Other abbreviations
BROADER MARKET ENVIRONMENT
The economy
Implications for clothing retailers
Population
Implications for clothing retailers
CONSUMER ATTITUDES
Key points
Figure 3: Spain: Attitudes to buying clothes, 2010
Figure 4: Spain: Shopping attitudes: Socio-economic profile of respondents, 2010
Figure 5: Agreement with selected lifestyle statements, Spain, 2005-10
COMPETITIVE CONTEXT
Key points
Spending
Figure 6: Spain: Consumer spending on clothing and selected other goods, 2005-10
Inflation
Figure 7: Spain: Selected inflation rates, 2006-11
CHANNELS OF DISTRIBUTION
Key points
Non-specialists
Figure 8: Spain: Clothing and footwear, estimated channels of distribution, 2010
Online shopping: penetration levels
Figure 9: Spain: Online shopping penetration, 2006-10
SECTOR SIZE AND FORECAST
Key points
Figure 10: Spain: Clothing and footwear retailers sales as % all retail sales, 1994-2009
Figure 11: Spain: Clothing retailers’ sales, 2006-10
Figure 12: Spain: Clothing retailers’ forecast sales, 2011-16
Specialists’ sales and consumer spending
Figure 13: Clothing and footwear specialists’ sales relative to spending on clothing and footwear, 2006-10
Outlet and enterprise data
Figure 14: Spain: Clothing retailers businesses and outlets, 2009
RETAIL COMPETITOR ANALYSIS
Key points
Figure 15: Spain: Leading clothing specialists, 2010/11
Market shares
Figure 16: Spain: Clothing specialists’ market shares, 2010
Internet usage
Figure 17: Spain: Clothing website visitors, June 2011
BENETTON GROUP
Figure 18: Benetton Group: Sales as share of clothing specialists’ sales in Europe, 2006-10
Strategic evaluation
Recent history
Financial performance
Figure 19: Benetton Group: Group financial performance, 2006-10
Store portfolio
Figure 20: Benetton Group: Outlet data, 2006-10
Retail offering
e-commerce and home shopping
C&A EUROPE
Figure 21: C&A Europe: Sales as share of clothing retailers’ sales in Europe, 2006-10
Figure 22: C&A Germany: German sales as share of clothing specialists’ sales in Germany, 2006-10
Strategic evaluation
Recent history
Financial performance
Figure 23: C&A Europe: Group sales performance, 2006/07-2010/11
Figure 24: C&A Europe: Estimated sales by country, 2008/09-2010/11
Figure 25: C&A europe: Share of group sales, by country, 2006/07 and 2010/11
Store portfolio
Figure 26: C&A Europe: Outlet data, 2007-11
Figure 27: C&A Europe: Sales per outlet, selected territories, 2006/07-2010/11
Figure 28: C&A Europe: Fascia operated by C&A, April 2010 and February 2011
Retail offering
Figure 29: C&A Europe: Own brands, 2011
e-commerce and home shopping
GRUPO CORTEFIEL
Figure 30: Grupo Cortefiel: Sales as share of clothing specialists’ sales in Europe, 2005-09
Strategic evaluation
History
Financial performance
Figure 31: Grupo Cortefiel: Group financial performance, 2005/06-2009/10
Store portfolio
Figure 32: Grupo Cortefiel: Outlet data, 2007-10
Figure 33: Grupo Cortefiel, Outlet data, by country, February 2010
Retail offering
e-commerce and home shopping
GRUPO INDITEX
Figure 34: Grupo Inditex: Sales as share of clothing specialists’ sales in Europe, 2006-10
Strategic evaluation
Recent history
Financial performance
Figure 35: Grupo Inditex: Group financial performance, 2006/07-2010/11
Figure 36: Grupo Inditex: Sales growth, 2006/07-2010/11
Figure 37: Grupo Inditex: Estimated sales in key European markets, 2006/07-2010/11
Figure 38: Europe: Grupo Inditex: Sales by retail brand, 2006/07-2010/11
Store portfolio
Figure 39: Grupo Inditex: Outlet data, 2007-11
Figure 40: Grupo Inditex: Outlet numbers, by fascia, 2007-11
Figure 41: Grupo Inditex: Other outlet data, by fascia, 2010/11
Figure 42: Grupo Inditex: European stores by country and by fascia, 2010/11
Retail offering
e-commerce and home shopping
H&M HENNES & MAURITZ
Figure 43: H&M Hennes & Mauritz: European sales as share of clothing specialists’ sales in Europe, 2006-10
Strategic evaluation
Recent history
Financial performance
Figure 44: H&M Hennes & Mauritz: Group financial performance, 2005/06-2009/10
First half 2010/11
Store portfolio
Figure 45: H&M Hennes & Mauritz: Outlet data, 2005/06-2009/10
Retail offering
e-commerce
MANGO GROUP
Figure 46: Mango Spain: Spanish sales as share of all clothing specialists’ sales in Spain, 2006-10
Strategic evaluation
Recent history
Financial performance
Figure 47: Mango Group: Group sales performance, 2006-10
Figure 48: Mango: Estimated sales, by major markets, 2010
Store portfolio
Figure 49: Mango Group: Outlet data, 2006-10
Figure 50: Mango Group: Breakdown of stores in Europe, 2007-11
Retail offering
e-commerce and home shopping
PRIMARK/PENNEYS
Figure 51: Primark: Sales as share of clothing specialists’ sales in UK, 2006-10
Strategic evaluation
Recent history
Financial performance
Figure 52: Primark/Penneys: Financial performance, 2006-10
Store portfolio
Figure 53: Primark/Penneys: Outlet data, 2006-10
Figure 54: Primark/Penneys: Outlet numbers, by country, September 2011
Consumer profile
Figure 55: Primark shoppers in last six months, by gender, age and socio-economic group, July 2011
Figure 56: Primark shoppers in last six months, by region and ACORN group, July 2011
Retail offering
e-commerce
APPENDIX – BROADER MARKET ENVIRONMENT
Population
Figure 57: Europe: Population, by age group, 2005
Figure 58: Europe: Population, by age group, 2010
Figure 59: Europe: Population, by age group, 2015
Figure 60: Europe: Population, by age group, 2020
GDP
Figure 61: Europe: GDP (current prices), 2010
Figure 62: Europe: GDP growth rates (current prices), 2001-Q2 2011 (Annual % change)
Figure 63: Europe: GDP growth rates (constant prices), 2001-Q2 2011 (annual % change)
Consumer spending
Figure 64: Europe: Households’ consumer spending (current prices), 2010
Figure 65: Europe: Households’ consumer spending growth rates (current prices), 2001-Q2 2011 (annual % change)
Figure 66: Europe: Households’ consumer spending growth rates (constant prices), 2001-Q2 2011 (annual % change)
Consumer prices
Figure 67: Europe: Harmonised index of consumer prices, 2001-10 (Annual average rate of change (%))
Unemployment
Figure 68: Europe: Average rate of unemployment, 2001-10
Interest rates
Figure 69: Europe: Interest rates, 2005-Q2 2011
Consumer confidence
Figure 70: Europe: Consumer confidence, Sep 2010-Aug 2011
APPENDIX – TGI EUROPE
Figure 71: Agreement with selected lifestyle statements, by country, 2010
Spain
Figure 72: Agreement with selected lifestyle statements, by demographics, Spain, 2010
Figure 73: Agreement with selected lifestyle statements, by demographics, Spain, 2010
Figure 74: Agreement with selected lifestyle statements, by demographics, Spain, 2010
Figure 75: Agreement with selected lifestyle statements, by demographics, Spain, 2010
Figure 76: Agreement with selected lifestyle statements, by demographics, Spain, 2010