Clothing Retailing - Italy - October 2012

EXECUTIVE SUMMARY
REPORT SCOPE AND TECHNICAL NOTES
Coverage
New report format
Technical notes
Retail sector definitions
Consumer spending definitions
Financial definitions
Currencies
Country codes
VAT
Figure 1: Europe: standard vat rates, 2010-12
Abbreviations
SPENDING AND INFLATION
Consumer spending on clothing and footwear
Figure 2: Italy: Households consumption expenditure (incl vat), 2007-11
Inflation
Figure 3: Italy: Inflation in clothing and footwear, 2011-12
CHANNELS OF DISTRIBUTION
Figure 4: Italy: Distribution of consumer spending on clothing and footwear, 2011
SECTOR SIZE AND FORECAST
Figure 5: Italy: Retail sales (excl vat), 2007-11
Figure 6: Retail sales forecasts (excl vat), 2012-17
Retail enterprises
Figure 7: Italy - Retail outlets, 2008-09
THE RETAILERS: FINANCIALS AND OUTLETS
Sales
Figure 8: Italy: Leading clothing specialists, by revenues (excl vat), 2009-11
Outlets
Figure 9: Italy: Leading clothing specialists, outlets, 2009-11
Sales per outlet
Figure 10: Italy: Leading clothing specialists, by revenues: Sales per outlet, 2009-11
THE RETAILERS: MARKET SHARES
Figure 11: Italy: Leading retailers: Share of all spending on clothing and footwear, 2009-11
THE RETAILERS: ONLINE
Online shoppers
Figure 12: Italy - Proportion of adults who have bought goods online, 2006-11
Online retailers
Figure 13: Leading clothing specialists websites: Total unique visitors, May 2012
ESPRIT
What we think
Bumpy road ahead
Restoring brand credibility
Company background
Company performance
Figure 14: Esprit: Group financial performance, 2007/08-2011/12
Figure 15: Esprit: Outlet data, 2007/08-2011/12
Retail offering
Figure 16: Esprit: Sales split by product type, 2011/12
GRUPPO COIN
What we think
Resilient in the face of hard times and stiff competition
Consolidating the business through acquisitions
Tapping into the luxury sector
Overseas and online key to growth
Company background
Company performance
Figure 17: Gruppo Coin: Group financial performance, 2007/08-2011/12
Figure 18: Gruppo Coin: Outlet data, 2007/08-2011/12
Retail offering
GRUPO INDITEX
What we think
Where next?
Company background
Company performance
Figure 19: Grupo Inditex: Group financial performance, 2007/08-2011/12
Figure 20: Grupo Inditex: Outlet data, 2007/08-2011/12
Retail offering
H&M
What we think
Still room to grow
Compelling offer
Online improving
Company background
Company performance
Figure 21: H&M Hennes & Mauritz: Group financial performance, 2006/07-2010/11
Figure 22: H&M Hennes & Mauritz: Outlet data, 2006/07-2010/11
Retail offering
APPENDIX – BROADER MARKET ENVIRONMENT
Population
Figure 23: Europe: Population, by age group, 2005
Figure 24: Europe: Population, by age group, 2010
Figure 25: Europe: Population, by age group, 2015
Figure 26: Europe: Population, by age group, 2020
GDP
Figure 27: Europe: GDP (current prices), 2011
Figure 28: Europe: Year-on-year growth in GDP (current prices), 2002-12
Figure 29: Europe: Year-on-year growth in GDP (constant prices), 2002-12
Consumer spending
Figure 30: Europe: Households’ consumer spending (current prices), 2011
Figure 31: Europe: Year-on-year growth in households’ consumption expenditure (current prices), 2007-11
Figure 32: Europe: Year-on-year growth in households’ consumption expenditure (constant prices), 2007-11
Consumer prices
Figure 33: Europe: Harmonised index of consumer prices, 2001-11
Unemployment
Figure 34: Europe: Average rate of unemployment, 2002-12 Q2
Interest rates
Figure 35: Europe: Interest rates, 2007-12
Consumer confidence
Figure 36: Europe: Consumer confidence, Oct 2011-Sep 2012