Louise Deglise-Favre (@lgdretail) 's Twitter Profile
Louise Deglise-Favre

@lgdretail

Associate Analyst in Retail at GlobalData @Retail_GDUK specialising in apparel. All views expressed are my own.

ID: 1412329389468143618

calendar_today06-07-2021 08:39:00

39 Tweet

49 Followers

28 Following

GlobalData Retail (@retail__gd) 's Twitter Profile Photo

International firms are facing louder calls to quit Russia - here's why brands like Starbucks, KFC, and Uniqlo are choosing to stay, Louise Deglise-Favre spoke to Business Insider: businessinsider.com/why-starbucks-…

Emily Salter (@emilyj_gdretail) 's Twitter Profile Photo

This time last year, the boohoo group was applauding its impressive performance throughout the pandemic, but the second half of its FY2021/22 has proved extremely challenging, with group net sales a subdued +7% in Q4 and FY sales only +14%, a drastic deceleration of growth.

Louise Deglise-Favre (@lgdretail) 's Twitter Profile Photo

Hugo Boss’ successful pivot to casualwear allowed it to exceed expectations in FY2021. The company's rebranding places it in a strong position for FY 2022, with in-demand products, celebrity-filled campaigns, and a rejuvenated brand image.

Louise Deglise-Favre (@lgdretail) 's Twitter Profile Photo

Great initiative from M&S, especially in light of the alarming new report from the U.N. Intergovernmental Panel on Climate Change.

Neil Saunders (@neilretail) 's Twitter Profile Photo

I joined my colleagues @darcey_gdretail Pippa Stephens Emily Salter Louise Deglise-Favre to chat with Just Style about how the top global apparel firms are faring after two years of pandemic disruption... just-style.com/features/covid…

Chloe Collins (@chloe_gdretail) 's Twitter Profile Photo

Noticed another interesting returns policy yesterday from swimwear brand Cupshe - you can choose a 70% refund, but then you don't have to send the items back? So really you could 'pretend' you wanted to return something knowing you'd then be able to keep it for 30% of the RRP?

Chloe Collins (@chloe_gdretail) 's Twitter Profile Photo

You can also choose a 'coupon' option for 100-130% of the original order value and then not have to return the items either, encouraging repeat spend. Don't see how it can be profitable but the company screams Shein...

Chloe Collins (@chloe_gdretail) 's Twitter Profile Photo

M&S is well placed to battle the inflation storm - food may benefit from people dining in rather than eating out, and 41.5% of over 45s do not expect to change spending habits on clothing and footwear versus only 17.5% of under 45s.

M&S is well placed to battle the inflation storm - food may benefit from people dining in rather than eating out, and 41.5% of over 45s do not expect to change spending habits on clothing and footwear versus only 17.5% of under 45s.
Emily Salter (@emilyj_gdretail) 's Twitter Profile Photo

Up against v strong comparatives, the boohoo group has slipped into negative territory with sales falling 8.3%. A slowdown in growth has been experienced across online fashion, a result of lapping tough comparatives and not being able to consistently generate double-digit growth.

Emily Salter (@emilyj_gdretail) 's Twitter Profile Photo

ASOS' lowering of its FY2021/22 sales growth & profit expectations this morning, and Missguided’s recent tumble into administration (though arguably one of the drivers of its demise was the success of boohoo and PLT) demonstrate the difficulties facing the online fashion segment.

Chloe Collins (@chloe_gdretail) 's Twitter Profile Photo

ASOS' share price down 27% due to profit warning and disapponting sales, up just 0.8% for the year to date (Q3 FY2021/22) as consumers spend cautiously due to the rising cost of living, with heightened returns rates a big issue (1/2)

ASOS' share price down 27% due to profit warning and disapponting sales, up just 0.8% for the year to date (Q3 FY2021/22) as consumers spend cautiously due to the rising cost of living, with heightened returns rates a big issue (1/2)
Chloe Collins (@chloe_gdretail) 's Twitter Profile Photo

With boohoo also seeing sombre sales in the same period (-8.3%) and Missguided falling into administration, fast fashion seems to be losing its shine, as financial uncertainty means keeping up with the latest trends is no longer a priority for many shoppers. (2/2)

Chloe Collins (@chloe_gdretail) 's Twitter Profile Photo

In The Style sold for £1.2m - share price has tanked since its IPO and though shift back to stores and away from fast fashion is partly to blame, it has also lost its USP of influencer collbas meaning it fails to stand out. A new owner will not be enough to revive its fortunes.

Louise Deglise-Favre (@lgdretail) 's Twitter Profile Photo

As per GlobalData's latest forecasts, Shein is expected to be the 10th largest UK apparel retailer in 2023 with a market share of 2.2% - a mere 0.2ppts away from ASOS!

As per GlobalData's latest forecasts, Shein is expected to be the 10th largest UK apparel retailer in 2023 with a market share of 2.2% - a mere 0.2ppts away from ASOS!