UK Footwear Retailers 2006

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Market	Retail
Report Type	Market Research
Country	United Kingdom
Published	1 December 2006
Number of Pages	260
Report Delivery	Email
Delivery Lead Time	-
Publisher	Verdict Research

Introduction

With the slowest growth for seven years, price deflation and cost inflation, participants in the UK footwear market are fighting to capture what little additional spend is in the market. To survive and thrive retailers need this accurate and insightful analysis of the market, with values, forecasts and performance measures they can use to shape future, successful strategies.

Scope

*Comprehensive market coverage - ten years' data on footwear expenditure, including men's, women's and children's footwear.
*Market shares and key operating statistics of 21 major operators; 12 footwear specialists, 3 sports specialists, 4 clothing retailers and 2 grocers.
*Retailer profiles include sales, operating profit and margins, sales per sq ft, store and space growth plus retail operations and company outlook.
*Analysis of the market dynamics and issues, with recommended actions to produce winning strategies. Also includes market value forecasts to 2008.

Highlights

The footwear market will register its lowest growth in seven years in 2006 - increasing by just £36m. Price deflation from the growing influence of the clothing specialists has been a major influence in slowing growth, but specialists lacking innovation and lagging behind in exploiting the high growth accessories market has also been a factor.

Specialists have lost £146m in sales this year as clothing and sports specialists encroach further and further into their market. Meanwhile clothing specialists have added £114m of extra sales as they expand their product ranges beyond their core clothing offer, increasing sales and average transaction values from cross selling opportunities.

Slowing sales and rising costs have reduced specialists investment in new space or upgrading existing space. These two factors have compounded their difficulties - consumers demand innovative and attractive store environments to justify higher price points, while price-led offers require scale to survive.

Reasons to Purchase

*Quantify opportunities in the footwear market and enhance your understanding of the key issues, trends and dynamics in the market.
*Benchmark performance measures and use best practice examples and action points to devise a competitive strategy in this highly competitive market.
*Be aware of the challenges that face all operators in the market as well those of different retail formats to ensure productive, growth plans.

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CHAPTER 1 EXECUTIVE SUMMARY 28
Key Findings 28
Main Conclusions 29
CHAPTER 2 MARKET ANALYSIS 33
Footwear Market Trends 33
Market Dynamics 35
Clothing & Footwear Expenditure 38
Footwear Expenditure by Sub Category 39
Footwear Channels of Distribution 41
CHAPTER 3 COMPANY DATA ANALYSIS 43
Market Shares 43
Specialist Footwear Retailers 47
Non-specialists 49
Sales Densities 51
Key Operating Statistics 52
Advertising Expenditure 53
CHAPTER 4 OUTLOOK 54
Market Issues 54
Market Growth 55
Growth by Type of Retailer 60
Action Points for Each Footwear Model 62
Best Practice 64
New Entrants 66
CHAPTER 5 BRANTANO 69
Company Overview & Market Share 69
Trading Record 71
Year to December 2005 71
Current Trading 73
Store Portfolio 73
Retail Proposition 75
Space Allocation 76
Management, Marketing & Operations 77
Outlook 77
CHAPTER 6 C&J CLARK 79
Company Overview & Market Share 79
Trading Record 81
Year to January 2006 81
Current Trading 83
Store Portfolio 83
Retail Propositions 85
Clarks Space Allocation 86
Ravel Space Allocation 87
Management, Marketing & Operations 87
Outlook 88
CHAPTER 7 KURT GEIGER 90
Company Overview & Market Share 90
Trading Record 92
Year to January 2006 92
Year to January 2007e 93
Store Portfolio 94
Retail Proposition 95
Space Allocation 96
Management, Marketing & Operations 97
Outlook 98
CHAPTER 8 SHOEFAYRE 100
Company Overview & Market Share 100
Trading Record 102
Year to December 2005 102
Year to December 2006e 102
Store Portfolio 104
Retail Proposition 105
Space Allocation 106
Management, Marketing & Operations 106
Outlook 107
CHAPTER 9 THE SHOE STUDIO 109
Company Overview & Market Share 109
Trading Record 111
Year to January 2006 111
Year to January 2007e 111
Store Portfolio 113
Retail Propositions 114
Management, Marketing & Operations 116
Outlook 116
CHAPTER 10 SHOE ZONE 119
Company Overview & Market Share 119
Trading Record 121
Year to December 2005 121
Year to December 2006e 121
Store Portfolio 123
Retail Proposition 124
Space Allocation 125
Marketing & Operations 125
Outlook 126
CHAPTER 11 STEAD & SIMPSON 128
Company Overview & Market Share 128
Trading Record 131
Year to December 2005 131
Current Trading 132
Store Portfolio 133
Retail Proposition 134
Space Allocation 135
Management, Marketing & Operations 137
Outlook 138
CHAPTER 12 STYLO 139
Company Overview & Market Share 139
Trading Record 141
Year to January 2006 141
Current Trading 142
Store Portfolio 144
Retail Propositions 146
Space Allocation 148
Management, Marketing & Operations 150
Outlook 151
CHAPTER 13 DOLCIS 153
Company Overview & Market Share 153
Trading Record 155
Year to January 2006 156
Current Trading 156
Store Portfolio 157
Retail Proposition 158
Management, Marketing and Operations 158
Space Allocation 159
Outlook 159
CHAPTER 14 FAITH 161
Company Overview & Market Share 161
Trading Record 163
Year to June 2006 164
Current Trading 164
Store Portfolio 164
Retail Proposition 165
Space Allocation 166
Outlook 166
CHAPTER 15 OFFICE 168
Company Overview & Market Share 168
Trading Record 170
Year to January 2006 171
Current Trading 171
Store Portfolio 171
Retail Proposition 173
Operations & Management 173
Space Allocation 174
Outlook 175
CHAPTER 16 SCHUH 176
Company Overview & Market Share 176
Trading Record 178
Year to March 2006 179
Current Trading 179
Store Portfolio 180
Retail Proposition 181
Operations 181
Space Allocation 182
Outlook 183
CHAPTER 17 JD SPORTS 184
Company Overview & Market Share 184
Trading Record 186
Year to January 2006 186
Current Trading 186
Store Portfolio 188
Retail Proposition 189
Space Allocation 190
Outlook 191
CHAPTER 18 JJB SPORTS 192
Company Overview & Market Share 192
Trading Record 194
Year to January 2006 194
Current Trading 195
Store Portfolio 196
Retail Proposition 197
Marketing & Operations 198
Space Allocation 199
Outlook 200
CHAPTER 19 SPORTS WORLD 202
Company Overview & Market Shares 202
Trading Record 204
Year to April 2005 205
Store Portfolio 205
Retail Proposition 206
Space Allocation 207
Outlook 208
CHAPTER 20 GEORGE AT ASDA 210
Company Overview & Market Share 210
Trading Record 212
Year to December 2005 213
Current Trading 214
Store Portfolio 214
Retail Proposition 216
Space Allocation 217
Outlook 217
CHAPTER 21 MARKS & SPENCER 219
Company Overview & Market Share 219
Trading Record 221
Year to March 2006 221
Year to March 2006 222
Current Trading 222
Store Portfolio 223
Retail Proposition 224
Space Allocation 225
Outlook 226
CHAPTER 22 NEW LOOK 227
Company Overview & Market Share 227
Trading Record 229
Year to March 2006 230
Current Trading 230
Store Portfolio 231
Retail Proposition 232
Space Allocation 233
Outlook 234
CHAPTER 23 NEXT 235
Company Overview & Market Share 235
Trading Record 237
Year to January 2006 239
Current Trading 240
Store Portfolio 240
Retail Proposition 241
Space Allocation 242
Outlook 243
CHAPTER 24 RIVER ISLAND 244
Company Overview & Market Share 244
Trading Record 246
Year to December 2005 247
Current Trading 247
Store Portfolio 247
Retail Proposition 248
Space Allocation 249
Outlook 250
CHAPTER 25 TESCO 251
Company Overview & Market Share 251
Trading Record 253
Year to February 2006 254
Current Trading 254
Store Portfolio 255
Retail Proposition 256
Space Allocation 257
Outlook 258
CHAPTER 26 GLOSSARY 259
Financial Statistics - VAT 259
Trading Profile 259
Key Operating Ratios 259
Physical Development 259
Abbreviations 260
List of Tables
Table 1: Footwear market definition 2006 33
Table 2: Footwear market value and volume 1996-2006e 33
Table 3: Footwear expenditure by sub category 1996-2006e 39
Table 4: Retail distribution of footwear 2001-2006e 41
Table 5: Footwear retailers market shares 2001-2006e 46
Table 6: Specialist footwear retailers key operating statistics 2005/06 52
Table 7: Footwear specialists UK advertising spend 2001-2005 53
Table 8: Footwear specialists advertising spend by medium 2004-05 53
Table 9: Footwear market - key issues 2006-07 54
Table 10: Growth by value in the footwear market 2001-2006e 55
Table 11: Share of the footwear market by type of retailer 2001-06e 60
Table 12: Brantano Company Overview 69
Table 13: Brantano key operating statistics 2001-2006e 70
Table 14: Brantano trading record 2001-2006e 71
Table 15: Brantano sales mix 2001-2006e 72
Table 16: Brantano UK store portfolio 2001-2006e 73
Table 17: Brantano retail proposition 2006 75
Table 18: Brantano space allocation 2006 76
Table 19: C&J Clark company overview 2006 79
Table 20: C&J Clark key operating statistics 2002-2007e 80
Table 21: C&J Clark trading record 1996-2007e 81
Table 22: C&J Clark store portfolio 1996-2007e 83
Table 23: Store portfolio by brand, UK & Eire 2002-2006 84
Table 24: Clarks retail proposition 2006 85
Table 25: Ravel retail proposition 2006 85
Table 26: Clarks space allocation 2006 86
Table 27: Ravel space allocation 2006 87
Table 28: Kurt Geiger company overview 2006 90
Table 29: Kurt Geiger key operating statistics 2002-2007e 91
Table 30: Kurt Geiger trading record 1997-2007e 92
Table 31: Kurt Geiger store portfolio 2002-2007e 94
Table 32: Kurt Geiger retail proposition 2006 95
Table 33: Kurt Geiger space allocation 2006 96
Table 34: Shoefayre company overview 2006 100
Table 35: Shoefayre key operating statistics 2001-2006e 101
Table 36: Shoefayre trading record 1996-2006e 102
Table 37: Shoefayre store portfolio 2001-2006e 104
Table 38: Shoefayre fascias 2003-2006e 104
Table 39: Shoefayre retail proposition 2006 105
Table 40: Shoefayre space allocation 2006 106
Table 41: The Shoe Studio Company Overview 109
Table 42: The Shoe Studio key operating statistics 2002-2007e 110
Table 43: The Shoe Studio trading record 1999-2007e 111
Table 44: The The Shoe Studio UK store portfolio October 2006e 113
Table 45: Nine West retail proposition 2006 114
Table 46: Pied A Terre retail proposition 2006 114
Table 47: Bertie retail proposition 2006 115
Table 48: Shoe Zone company overview 2006 119
Table 49: Shoe Zone key operating statistics 2001-2006e 120
Table 50: Shoe Zone trading record 1996-2006e 121
Table 51: Shoe Zone store portfolio 2001-2006e 123
Table 52: Shoe Zone retail proposition 2006 124
Table 53: Shoe Zone space allocation 2006 125
Table 54: Stead & Simpson company overview 2006 128
Table 55: Stead & Simpson key operating statistics 2001-2006e 129
Table 56: Stead & Simpson trading record 1996-2006e 131
Table 57: Stead & Simpson store portfolio 1997-2006e 133
Table 58: Stead & Simpson fascias 2001-2006e 133
Table 59: Stead & Simpson retail proposition 2006 134
Table 60: Shoe Express retail proposition 2006 135
Table 61: Stead & Simpson space allocation 2006 135
Table 62: Shoe Express space allocation 2006 136
Table 63: Stylo company overview 2006 139
Table 64: Stylo key operating statistics 2002-2007e 140
Table 65: Stylo trading record 1997-2007e 141
Table 66: Stylo store portfolio 1997-2007e 144
Table 67: Stylo store portfolio by brand 2004/05-2006/07e 144
Table 68: Barratts retail proposition 2006 146
Table 69: PriceLess retail proposition 2006 146
Table 70: Shellys retail proposition 2006 147
Table 71: Barratts space allocation 2006 148
Table 72: Priceless space allocation 2006 149
Table 73: Shellys space allocation 2006 149
Table 74: Dolcis company overview 2006 153
Table 75: Dolcis key operating statistics 2002-2007e 154
Table 76: Dolcis trading record 1996-2007e 155
Table 77: Dolcis store portfolio 1996-2007e 157
Table 78: Dolcis retail proposition 2006 158
Table 79: Dolcis space allocation 2006 159
Table 80: Faith company overview 2006 161
Table 81: Faith key operating statistics 2001-2006e 162
Table 82: Faith trading record 1996-2006e 163
Table 83: Faith store portfolio 1996-2006e 164
Table 84: Faith retail proposition 2006 165
Table 85: Faith space allocation 2006 166
Table 86: Office company overview 2006 168
Table 87: Office key operating statistics 2002-2007e 169
Table 88: Office trading record 2001-2007e 170
Table 89: Office UK store portfolio 2001-2006e 171
Table 90: Store portfolio by brand, UK & Eire 2002-2007e 172
Table 91: Office retail proposition 2006 173
Table 92: Office space allocation 2006 174
Table 93: Schuh Company Overview 176
Table 94: Schuh key operating statistics 2002-2007e 177
Table 95: Schuh trading record 2002-2007e 178
Table 96: Schuh UK store portfolio 2001-2007e 180
Table 97: Schuh retail proposition 2006 181
Table 98: Schuh space allocation 2006 182
Table 99: John David Group company overview 2006 184
Table 100: JD Group key operating statistics 2002-2007e 185
Table 101: JD Group trading record 1997-2007e 186
Table 102: JD Group store portfolio 1997-2007e 188
Table 103: JD Group store numbers and space by type 2003-2007e 188
Table 104: JD Sport retail proposition 2006 189
Table 105: JD Sport space allocation 2006 190
Table 106: JJB Sports company overview 2006 192
Table 107: JJB key operating statistics 2002-2007e 193
Table 108: JJB Sports trading record 2001-2007e 194
Table 109: JJB Sports store portfolio 2001-2007e 196
Table 110: JJB store analysis by format 2001-2007e 196
Table 111: JJB Sports retail proposition 2006 197
Table 112: JJB space allocation 2006 199
Table 113: Sports World International company overview 2006 202
Table 114: Sports World key operating statistics 2001-2006e 203
Table 115: Sports World trading record 2001-2006e 204
Table 116: Sports World UK store portfolio 2001-2006e 205
Table 117: Sports World retail proposition 2006 206
Table 118: Sports World space allocation 2006 207
Table 119: George (Asda) company overview 2006 210
Table 120: Asda's key operating statistics 2001-2006e 211
Table 121: Asda trading record 1995-2006e 212
Table 122: Asda store profile 1995-2006e 214
Table 123: George standalone and Asda Living openings 2003-2006 215
Table 124: George retail proposition 2006 216
Table 125: Asda space allocation 2006 217
Table 126: Marks & Spencer company overview 2006 219
Table 127: Marks & Spencer UK key operating statistics 2001-2006 220
Table 128: Marks & Spencer UK trading record 1996-2006 221
Table 129: Marks & Spencer store portfolio 1996-2006e 223
Table 130: Marks & Spencer retail proposition 2006 224
Table 131: M&S space allocation 2006 225
Table 132: New Look company overview 2006 227
Table 133: New Look UK key operating statistics 2001-2006e 228
Table 134: New Look group trading record 1996-2006 229
Table 135: New Look UK store portfolio 1996-2006e 231
Table 136: New Look retail proposition 2006 232
Table 137: New Look Space Allocation 2006 233
Table 138: Next company overview 2006 235
Table 139: Next key operating statistics 2001-2006 236
Table 140: Next Group trading record 1996-2006 237
Table 141: Next Brand turnover and profits 2000-2006 239
Table 142: Next UK store profile 1996-2006e 240
Table 143: Next retail proposition 2006 241
Table 144: Next space allocation 2006 242
Table 145: River Island company overview 2006 244
Table 146: River Island key operating statistics 2001-2006e 245
Table 147: River Island trading record 2001-2006e 246
Table 148: River Island UK store portfolio 2001-2006e 247
Table 149: River Island retail proposition 2006 248
Table 150: River Island space allocation 2006 249
Table 151: Tesco company overview 2006 251
Table 152: Tesco UK key operating statistics 2001-2006 252
Table 153: Tesco UK trading record 1996-2006 253
Table 154: Tesco UK store portfolio 1996-2006 255
Table 155: Tesco clothing and footwear retail proposition 2006 256
Table 156: Tesco space allocation 2006 257
List of Figures
Figure 1: Price deflation in the footwear market 1996-2006e 34
Figure 2: Footwear market dynamics 2006 35
Figure 3: Y-o-Y change in sales (%) footwear vs clothing 1996-2006e 38
Figure 4: Channels of distribution 2006e 44
Figure 5: Footwear market shares 2001 and 2006e 45
Figure 6: Winners and losers in footwear market share 2006e on 2005 47
Figure 7: Estimated footwear retailer sales densities (nearest financial year ending in) 2006 51
Figure 8: Footwear spend per head vs clothing spend per head 2001-2006e 56
Figure 9: Footwear market growth vs footwear volume growth vs deflation 2001-2006e 56
Figure 10: Footwear, clothing and accessories market growth 2001-2006e 57
Figure 11: Clothing specialists £/sq ft compared to footwear £/sq ft (nearest financial year ending in) 2006 58
Figure 12: Clothing retailers and footwear specialists operating margins 2005/06 59
Figure 13: Share of the footwear market by type of retailer 2001 and 2006e 60
Figure 14: Action points for footwear specialists 2007 62
Figure 15: Action points for sportswear specialists 2007 63
Figure 16: Action points for non-specialists 2007 64
Figure 17: Footwear market growth 2003-2008e 67
Figure 18: Brantano footwear market share 2001-2006e 70
Figure 19: Brantano UK footwear sales and year-on-year growth - years to December 2001-2006e 72
Figure 20: Brantano footwear space allocation, as % of total footwear space 2005-2006 76
Figure 21: C&J Clark footwear market share 2001-2006e 80
Figure 22: C&J Clark footwear sales & year-on-year growth - years to January 2001e-2006e 82
Figure 23: Clarks footwear space allocation, as % of total footwear space 2005-2006 86
Figure 24: Ravel footwear space allocation, as % of total footwear space 2005-2006 87
Figure 25: Kurt Geiger footwear market share 2001-2006e 91
Figure 26: Kurt Geiger footwear sales and year-on-year growth - years to January 2002-2007e 93
Figure 27: Kurt Geiger footwear space allocation, as % of total footwear space 2005-2006 97
Figure 28: Shoefayre footwear market share 2001-2006e 101
Figure 29: Shoefayre footwear sales and year-on-year growth - years to December 2001-2006e 103
Figure 30: Shoefayre footwear space allocation, as % of total footwear space 2005 and 2006 106
Figure 31: The Shoe Studio market share 2001-2006e 110
Figure 32: The Shoe Studio footwear sales and year-on-year growth - years to January 2002-2007e 112
Figure 33: Shoe Zone footwear market shares 2001-2006e 120
Figure 34: Shoe Zone footwear sales and year-on-year growth - years to December 2001-2006e* 122
Figure 35: Shoe Zone footwear space allocation, as % of total footwear space 2005-2006 125
Figure 36: Stead & Simpson footwear market share 2001-2006e 130
Figure 37: Stead & Simpson footwear sales and year-on-year growth - years to December 2001-2006e 132
Figure 38: Stead & Simpson footwear apace allocation, as % of total footwear space 2005-2006 136
Figure 39: Shoe Express footwear space allocation, as % of total footwear space 2005 - 2006 137
Figure 40: Stylo footwear market share 2001-2006e 140
Figure 41: Stylo UK footwear sales and year-on-year growth - years to January 2002e-2007e 143
Figure 42: Barratts footwear space allocation, as % of total footwear space 2005-2006 148
Figure 43: Priceless footwear space allocation, as % of total footwear space 2005-2006 149
Figure 44: Shellys footwear space allocation, as % of total footwear space 2005-2006 150
Figure 45: Dolcis footwear market share 2001-2006e 154
Figure 46: Dolcis footwear sales & year-on-year growth - years to January 2001e-2006e 156
Figure 47: Dolcis footwear space allocation, as % of total footwear space 2000-2006 159
Figure 48: Faith footwear market share 2001-2006e 162
Figure 49: Faith footwear sales & year-on-year growth - years to June 2001e-2006e 163
Figure 50: Office footwear market share 2001-2006e 169
Figure 51: Office footwear sales and year-on-year growth - years to January 2001e-2006e 170
Figure 52: Office footwear space allocation, as % of total footwear space 2006 174
Figure 53: Schuh footwear market share 2001-2006e 177
Figure 54: Schuh UK footwear sales & year-on-year growth - years to March 2002-2007e 179
Figure 55: Schuh footwear space allocation, as % of total footwear space 2005-2006 182
Figure 56: JD Group footwear market share 2001-2006e 185
Figure 57: JD Group footwear sales & year-on-year growth - years to January 2002-2007e 187
Figure 58: JD Sport footwear space allocation, as % of total footwear space 2006 190
Figure 59: JJB Sports footwear market shares 2001-2006e 193
Figure 60: JJB footwear sales & year-on-year growth - years to January 2002-2007e 195
Figure 61: JJB footwear space allocation, as % of total footwear space 2006 200
Figure 62: Sports World footwear market shares 2001-2006e 203
Figure 63: Sports World footwear sales & year-on-year growth - years to April 2002-2006e 204
Figure 64: Sports World footwear space allocation, as % of total footwear space 2006 207
Figure 65: George footwear market share 2001-2006e 211
Figure 66: George footwear sales & year-on-year growth years to December 2001-2006e 213
Figure 67: Asda footwear space allocation, as % of total footwear space 2005-2006 217
Figure 68: Marks & Spencer footwear market share 2001-2006e 220
Figure 69: Marks & Spencer footwear sales (ex VAT) & year-on-year growth years to March 2001-2006e 222
Figure 70: M&S footwear space allocation, as % of total footwear space 2005-2006 225
Figure 71: New Look footwear market share 2001-2006e 228
Figure 72: New Look UK footwear sales & year-on-year growth - years to March 2001-2006e 229
Figure 73: New Look footwear space allocation, as % of total footwear space 2005-2006 233
Figure 74: Next footwear market share 2001-2006e 236
Figure 75: Next UK footwear sales & year-on-year growth - years to January 2001-2006 238
Figure 76: Next footwear space allocation, as % of total footwear space 2005-2006 242
Figure 77: River Island footwear market shares 2001-2006e 245
Figure 78: River Island footwear sales & year-on-year growth - years to December 2001-2006e 246
Figure 79: River Island footwear space allocation, as % of total footwear space 2005-2006 249
Figure 80: Tesco footwear market share 2001-2006e 252
Figure 81: Tesco UK footwear sales & year-on-year growth - years to February 2002-2007e 254
Figure 82: Tesco footwear space allocation, as % of total footwear space 2005-2006 257

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