Abstract
Overview
Introduction
Verdict Research: Menswear accounts for approximately a quarter of all UK clothing spend and with profiles of operators generating nearly 50% share of this important market, Verdict' s UK Menswear Retailers report provides comprehensive coverage of the sector as well as detailed data and analysis of the issues, trends and dynamics in the market.
Scope
- Ten year' s data on consumer spending trends in UK clothing - men' s, women' s and children' s as well as accessories, placing menswear in context.
- Analysis of the shifting dynamics in distribution channels highlighting the challenges for specialists and individual operators.
- Market shares of the key operators over five years, plus trading records, operating margins, sales densities and store portfolio analysis.
- Profiles on Burton and TopMan, Debenhams, George, River Island, Moss Bros, Marks & Spencer, Matalan, Next, JJB, and new this year, Primark and TK Maxx.
Report Highlights
Menswear will enjoy its best year of growth since 1997 though, at 3.3% it is still underperforming womenswear. Younger men, a growing demographic, have become more interested in fashion; there are more opportunities to buy menswear as supermarkets and clothing specialists expand their clothing offers and price deflation is lessening.
Grocers have increased their share of the menswear market to 7.6% this year. As a result of their growth, clothing specialists will see their share of the menswear market fall back for the first time in over five years.
Menswear is losing out to competing spending categories. While menswear spend has increased 12.7% over the past five years, alcohol & tobacco spending is up 16.8%, recreation & culture 19.7%, and communications (including mobile phones and the Internet) up 28.7%.
Reasons to Purchase
- Make informed strategic decisions in market context with ten year' s data on consumer spending trends in all four segments of the clothing market.
- Benchmark performance across the sector on key metrics including unique market share data, comparable sales densities and operating margins.
- Understand the main issues and develop market driven strategies with analysis of market trends, operators' development plans and Verdict' s outlook.
Table of Contents
- CHAPTER 1 EXECUTIVE SUMMARY
- Key Findings
- Main Conclusions
- CHAPTER 2 MARKET ANALYSIS
- Market Definition & Analysis
- Clothing Market Spending Trends
- Consumer Spending Trends
- Retail Distribution of Clothing and Menswear
- CHAPTER 3 COMPANY DATA ANALYSIS
- Clothing Market Shares
- Menswear Market Shares
- Winners & Losers in Clothing Share
- Winners & Losers in Menswear Share
- Market Share Analysis
- Space Growth vs Sales Growth
- Menswear Sales Densities
- Key Operating Statistics
- Space Allocation
- Advertising Media Expenditure
- CHAPTER 4 OUTLOOK
- Menswear Market Issues
- Retail Sales on Slowing Trend
- Price Deflation Slows
- Men Less Responsive to Fast Fashion
- Alternative Spending Options
- Cost Growth Takes Off
- The Internet
- Major Players' Prospects
- Other Competitors
- CHAPTER 5 ARCADIA GROUP
- Company Overview & Market Shares
- Trading Record
- Year to August 2006
- Current Trading
- Menswear Sales
- Store Portfolio
- Retail Proposition & Space Allocation - Burton
- Retail Proposition & Space Allocation - TopMan
- Management
- Marketing and Operations
- Outlook
- CHAPTER 6 DEBENHAMS
- Company Overview and Market Shares
- Trading Record
- Year to August 2006
- Half Year to February 2007
- Year to August 2007e
- Menswear Sales
- Store Portfolio
- Retail Proposition
- Space Allocation
- Management, Marketing and Operations
- Outlook
- CHAPTER 7 ASDA (GEORGE)
- Company Overview & Market Shares
- Trading Record
- Year to December 2006e
- Current Trading
- Menswear Sales
- Store Portfolio
- Retail Proposition
- Space Allocation
- Management, Marketing and Operations
- Outlook
- CHAPTER 8 JJB SPORTS
- Company Overview & Market Shares
- Trading Record
- Year to January 2007
- Current Trading
- Menswear Sales
- Store Portfolio
- Retail Proposition
- Space Allocation
- Management, Marketing & Operations
- Outlook
- CHAPTER 9 MARKS & SPENCER
- Company Overview & Market Shares
- Trading Record
- Year to March 2007
- Current Trading
- Menswear Sales
- Store Portfolio
- Retail Proposition
- Space Allocation
- Management, Marketing & Operations
- Outlook
- CHAPTER 10 MATALAN
- Company Overview & Market Shares
- Trading Record
- Half year to end August 2006
- Year to February 2007
- Menswear Sales
- Store Portfolio
- Retail Proposition
- Space Allocation
- Marketing & Operations
- Outlook
- CHAPTER 11 MOSS BROS
- Company Overview & Market Shares
- Trading Record
- Year to January 2007
- Current Trading
- Menswear Sales
- Store Portfolio
- Retail Proposition & Space Allocation - Moss
- Retail Proposition & Space Allocation - Cecil Gee
- Management, Marketing & Operations
- Outlook
- CHAPTER 12 NEXT
- Company Overview & Market Shares
- Trading Record
- Year to January 2007
- Results for the half year ended July 2007
- Menswear Sales
- Store Portfolio
- Retail Proposition
- Space Allocation
- Management, Marketing and Operations
- Outlook
- CHAPTER 13 PRIMARK
- Company Overview & Market Share
- Trading Record
- Year to September 2006
- Half-year to March 2007
- Current Trading
- Menswear Sales
- Store Portfolio
- Retail Proposition
- Space Allocation
- Marketing and Operations
- Outlook
- CHAPTER 14 RIVER ISLAND
- Company Overview & Market Shares
- Trading Record
- Year to December 2006
- Current Trading
- Menswear Sales
- Store Portfolio
- Retail Proposition
- Space Allocation
- Marketing & Operations
- Outlook
- CHAPTER 15 TK MAXX
- Company Overview and Market Share
- Trading Record
- Year to January 2007
- Current Trading
- Menswear Sales
- Store Portfolio
- Retail Proposition
- Space Allocation
- Management, Marketing and Operations
- Outlook
- CHAPTER 16 GLOSSARY
- Financial Statistics - VAT
- Trading Profile
- Physical Development
- Abbreviations
- List of Tables
- Table 1: Menswear market definition 2007
- Table 2: Clothing consumer spending trends 1997-2007e
- Table 3: Clothing market spending trends 1997-2007e
- Table 4: Menswear market deflation 2002-2007e
- Table 5: Menswear consumer spending trends 1997-2007e
- Table 6: Retail distribution of clothing expenditure 2006 and 2007e
- Table 7: Retail distribution of menswear expenditure 2006 and 2007e
- Table 8: Clothing market shares 2002-2007e
- Table 9: Menswear market shares 2002-2007e
- Table 10: Clothing retailers key UK operating statistics 2006/07
- Table 11: Menswear space allocation 2007
- Table 12: Leading clothing retailers advertising media expenditure total 2002-2006
- Table 13: Leading clothing retailers advertising media expenditure by media type 2006
- Table 14: Arcadia Group company overview 2007
- Table 15: Arcadia Group key operating statistics 2002-2007e
- Table 16: Arcadia group trading record 1997-2007e
- Table 17: Arcadia Group UK outlet numbers year to August 2002-2007e
- Table 18: Arcadia menswear ongoing brands sales area 2002-2007e
- Table 19: Burton retail proposition 2007
- Table 20: Burton space allocation vs menswear average 2007
- Table 21: TopMan retail proposition 2007
- Table 22: TopMan space allocation vs menswear average 2007
- Table 23: Debenhams company overview 2007
- Table 24: Debenhams UK key operating statistics 2002e-2007e
- Table 25: Debenhams trading record 1997-2007e
- Table 26: Debenhams UK store portfolio 1996-2007e
- Table 27: Debenhams retail proposition 2007
- Table 28: Debenhams menswear space allocation vs average 2007
- Table 29: George (Asda) company overview 2007
- Table 30: Asda key operating statistics 2001-2006e
- Table 31: Asda trading record 1996-2006e
- Table 32: Asda store profile 1996-2006e
- Table 33: George standalone and Asda Living openings 2003-2006
- Table 34: George retail proposition 2007
- Table 35: Asda menswear space allocation vs average 2007
- Table 36: JJB Sports company overview 2007
- Table 37: JJB key operating statistics 2002-2007
- Table 38: JJB Sports trading record 2001-2007
- Table 39: JJB Sports store portfolio 2002-2007
- Table 40: JJB store analysis by format 2002-2007
- Table 41: JJB Sports retail proposition 2007
- Table 42: JJB menswear space allocation vs average 2007
- Table 43: Marks & Spencer company overview 2007
- Table 44: Marks & Spencer UK key operating statistics 2002-2007
- Table 45: Marks & Spencer UK trading record 1997-2007
- Table 46: Marks & Spencer UK store portfolio 1997-2007
- Table 47: Marks & Spencer retail proposition 2007
- Table 48: M&S menswear space allocation vs average 2007
- Table 49: Matalan company overview 2007
- Table 50: Matalan key operating statistics 2002-2007e
- Table 51: Matalan trading record 1997-2007e
- Table 52: Matalan store portfolio 1997-2007e
- Table 53: Matalan retail proposition 2007
- Table 54: Matalan menswear space allocation vs average 2007
- Table 55: Moss Bros company overview 2007
- Table 56: Moss Bros key operating statistics 2002-2007
- Table 57: Moss Bros trading record 1997-2007
- Table 58: Moss Bros store portfolio 2002-2007
- Table 59: Moss Bros retail brand portfolio January 2004-2007
- Table 60: Moss retail proposition 2007
- Table 61: Moss menswear space allocation vs average 2007
- Table 62: Cecil Gee retail proposition 2007
- Table 63: Cecil Gee menswear space allocation vs average 2007
- Table 64: Next company overview 2007
- Table 65: Next key operating statistics 2002-2007
- Table 66: Next Group trading record 1997-2007
- Table 67: Next Brand turnover and profits 2001-2007
- Table 68: Next UK store profile 1997-2007e
- Table 69: Next retail proposition 2007
- Table 70: Next menswear space allocation vs average 2007
- Table 71: Primark company overview 2007
- Table 72: Primark UK key operating statistics 2002-2007e
- Table 73: Primark UK trading record 1997-2007e
- Table 74: Primark UK store portfolio 1997-2007e
- Table 75: Primark retail proposition 2007
- Table 76: River Island company overview 2007
- Table 77: River Island key operating statistics 2002-2007e
- Table 78: River Island trading record 2001-2007e
- Table 79: River Island UK store portfolio 2001-2006e
- Table 80: River Island retail proposition 2007
- Table 81: River Island menswear space allocation vs average 2007
- Table 82: TK Maxx company overview 2007
- Table 83: TK Maxx UK key operating statistics 2002-2007e
- Table 84: TK Maxx UK trading record 1997-2007e
- Table 85: TK Maxx UK store portfolio 1997-2007e
- Table 86: TK Maxx retail proposition 2007
- List of Figures
- Figure 1: Menswear sales and Y-o-Y growth rates 1997-2007e
- Figure 2: Menswear spend per head 2004-2008e
- Figure 3: Menswear market shares 2002 & 2007e
- Figure 4: Winners and losers in clothing market share 2007e on 2006
- Figure 5: Winners and losers in menswear market share 2007e on 2006
- Figure 6: UK space growth vs UK sales growth 2006/07 on 2005/06
- Figure 7: Menswear sales densities 2006/07
- Figure 8: Menswear market issues 2007
- Figure 9: Year-on-year retail sales volume growth 2000-2007e
- Figure 10: Year-on-year change in prices 1998-2007e
- Figure 11: Index of consumer spending on selected categories 1997-2007e (1997=100)
- Figure 12: Year-on-year change in costs vs year-on-year change in revenue for major clothing specialists 2002e-2007e
- Figure 13: Arcadia Group clothing & menswear market shares 2002-2007e
- Figure 14: Arcadia menswear sales & year-on-year growth - years to August 2002e-2007e
- Figure 15: Arcadia menswear sales breakdown % - years to August 2006e & 2007e
- Figure 16: Burton menswear space allocation 2007
- Figure 17: TopMan menswear space allocation 2007
- Figure 18: Debenhams clothing & menswear market shares 2002-2007e
- Figure 19: Debenhams menswear sales - years to August 2002e-2007e
- Figure 20: Debenhams clothing space breakdown 2003-2007
- Figure 21: Debenhams menswear space allocation 2007
- Figure 22: George (Asda) clothing & menswear market shares 2002-2007e
- Figure 23: George menswear sales & year-on-year growth - years to December 2002-2007e
- Figure 24: Asda clothing space breakdown 2003-2007
- Figure 25: Asda menswear space allocation 2007
- Figure 26: JJB Sports clothing & menswear market shares 2002-2007e
- Figure 27: JJB menswear sales & year-on-year growth - years to January 2002e-2007e
- Figure 28: JJB clothing space breakdown 2003-2007
- Figure 29: JJB menswear space allocation 2007
- Figure 30: Marks & Spencer market shares 2002-2007e
- Figure 31: Marks & Spencer menswear sales & year-on-year growth - years to March 2002e-2007e
- Figure 32: M&S clothing space breakdown 2003-2007
- Figure 33: M&S menswear space allocation 2007
- Figure 34: Matalan clothing & menswear market shares 2002-2007e
- Figure 35: Matalan menswear sales & year-on-year growth - years to February 2002-2007e
- Figure 36: Matalan clothing space breakdown 2003-2007
- Figure 37: Matalan menswear space allocation 2007
- Figure 38: Moss Bros clothing & menswear market shares 2002-2007e
- Figure 39: Moss Bros menswear sales & year-on-year growth - years to January 2002-2007
- Figure 40: Moss menswear space allocation 2007
- Figure 41: Cecil Gee menswear space allocation 2007
- Figure 42: Next clothing & menswear market shares 2002e-2007e
- Figure 43: Next menswear sales & year-on-year growth - years to January 2002e-2007e
- Figure 44: Next clothing space breakdown 2003-2007
- Figure 45: Next menswear space allocation 2007
- Figure 46: Primark UK clothing and menswear market shares 2002-2007e
- Figure 47: Primark UK Menswear sales - years to September 2002e-2007e
- Figure 48: Primark clothing space breakdown 2003-2007
- Figure 49: River Island clothing & menswear market shares 2002-2007e
- Figure 50: River Island UK menswear sales & year-on-year growth - years to December 2001-2006e
- Figure 51: River Island clothing space breakdown 2003-2007
- Figure 52: River Island menswear space allocation 2007
- Figure 53: TK Maxx clothing and menswear market shares 2002-2007e
- Figure 54: TK Maxx UK menswear sales - years to January 2002-2007e
- Figure 55: TK Maxx clothing space breakdown 2003-2007
- Financial Statistics - VAT
