poniedziałek, 27 kwietnia 2015

Google Fashion Report

Fashion Trends for Spring 2015 as Told by Google Data

Google report quickly become hint for all retailers from the fashion industry. 



The list of current trends in the clothing industry has benefited from over 6 billion searches, which were related to fashion. In creating the report Google took into account the search of the period from January 2012 to February of 2015.
Now Internet users will be equally important trendsetters as fashion designers.

Read the full report here: 
https://www.thinkwithgoogle.com/
 

wtorek, 21 kwietnia 2015

How to start a business in Poland - not only fashion one



Slideshare showing general information about Poland and everything you need to know when starting your business in this country prepared by BanfiGroup.

"There are about 50 thousand companies in Poland funded through FDI, which amounts to only 1% of all businesses operating in our market. The number keeps growing because Poland is an attractive marketplace - our economy is considered to be one of the fastest growing economies in the Europe. Have you thought about starting a business in Poland? Not yet? Check how easy it is!"

Presentation can be found here: http://www.slideshare.net/

piątek, 22 sierpnia 2014

Why some brands will no longer be avaliable in Poland?

IC Companys brands distributed in Poland by Empik Media&Fashion will be no longer avaliable on polish market - it was announced. Most popular were Jackpot and Cottonfield.

It's not confirmed but probably those are not the only brands which will dissapear from polish market this year. Empik Media&Fashion declared to shut down as many as possible from their fashion brands till end of year 2014.

More info here:
(articles in polish)


http://www.wprost.pl/ar/439074/Znane-marki-odziezowe-wycofuja-sie-z-Polski/
http://wyborcza.biz/biznes/1,100896,15588104,Znane_marki_odziezowe_wycofuja_sie_z_Polski.html

środa, 12 marca 2014

How Poles are buying clothes and accessories in e-shops?


On average, aprox 60 euros during one transaction - so much Poles spend in online stores with clothing, footwear and accessories. But two-thirds of visits ends up with dropping a shopping cart. Gemius carried out the first comparative analysis of Polish e-commerce market on the example of the fashion industry.

Read more (full article in Polish)

czwartek, 6 lutego 2014

Why polish woman will always choose BASICS?

Interesting interview with Monika Kapłan-Gerc, previous employee of Peclers Paris, marketing director of LPP, Artman nad Deni Cler about polish woman and their shopping rutines. She is also claryfying why ethnographic research are better than statistic ones.



Read whole article (in polish)

poniedziałek, 6 stycznia 2014

Prosperous nation with an eye for quality and dressing bang on trend, Poles are craving more individuality and opulence in their wardrobes

Interesting article by Robb Young:
"(...)
Marquee names like Hermès, Chanel, Prada and Dior have been touted by observers as the most likely targets since none of them have yet to stake a claim in Polish soil despite the country’s spectacular ascent after joining the European Union ten years ago. Having undergone “shock therapy economics” in the early 1990s to keep it from going bankrupt, Poland in turn shocked the world as it emerged hyper-charged less than two decades later. As the only country in Europe to escape recession during the global financial crisis and, later, as the continent’s fastest-growing economy for several years in a row, international investors in many sectors began to see Poland in a whole new light.
It was this revelation that ushered in the first wave of global fashion companies: high street and fast fashion brands. So famished was the market for affordable, trend-led clothing that brands like H&M and Inditex-owned Zara very quickly came to dominate the landscape. H&M now has a whopping 114 stores in every corner of the country compared to just 43 in nearby Russia.
“Besides the fall of communism and joining the EU, the next big milestone that really changed the way people dress here came in 2003 when the first H&M store opened. It made Poles indistinguishable from the youth of other European nations,” says Filip Niedenthal, executive fashion editor of Harper’s Bazaar Polska which bowed here last year through a partnership between Hearst and Marquard Media Polska. (...)
“Generally, Polish consumers would rather choose well-known brands with quality and a kind of coolness that doesn’t put them on a stage,” says Anna Jurgas who began her career at Elle before being appointed editor-in-chief of the Polish edition of Glamour four years ago.
In other words, here, the road to discernment has been a more gradual, prudent and even introspective one, in sharp contrast to the other markets where conspicuous consumption and extravagant taste seemed to grip the fashion-conscious as soon as wealth began flooding in. Although many other former communist countries also endured a century of extreme social upheaval, the hard years in Poland seemed to impact people in a way that made many Poles hesitate before flashing their cash on expensive clothes quite so soon after lifting themselves out of poverty. (...)
“The Polish market’s [taste for fashion] can’t be compared to something like the Russian one. It’s a misconception to believe that, just because we’re neighbours, there are significant similarities. Actually, Poland is much more comparable with the Czech Republic or Germany [than to Eastern Europe],” says Arkadiusz Likus, a pioneering Polish retailer who brought brands like Maison Martin Margiela and Ann Demeulemeester to local shoppers ten years ago through the Likus Concept Store he founded, which has outposts in three of the country’s most style-conscious cities: Warsaw, Krakow and Wroclaw. (...)
“Poland’s luxury fashion market is still in its infancy. Don’t forget the country only freed itself from communism in 1989. But the luxury fashion market is growing thanks to a huge increase in wealth and disposable income. It’s still early stages, but there is solid demand here. So we took a gamble,” he says. (...)
“The market here is still very polarised,” says Likus. “On the one hand, upmarket shoppers are very knowledgeable about the collections from the world’s fashion weeks, so they seek out the best pieces from a particular brand. But [that means] they need to make a lot of effort to be satisfied… On the other hand, mainstream shoppers are still mainly looking for a bargain. They tend to buy discounted goods and are driven by promotions as opposed to wanting a particular product or brand.”
Pan-European e-commerce sites like Zalando are growing rapidly here and according to Ewa Kowalewska-Kondrat, founder of one of the country’s leading fashion blogs Harelblog.pl. (...)."

Read whole article

poniedziałek, 2 grudnia 2013

Amazing "The Wealth Report 2013" by Knight Frank

The Wealth Report provides the definitive global perspective on prime property and wealth. 
It includes a guide to the performance of the world’s key luxury residential markets and HNWI growth forecasts over the next decade for over 80 countries (including POLAND) and cities.
Poland with HNWI number in 2012 - 799 have forecast to nearly double it (41% increase) in 2022 1,128.

"(...) Nevertheless, recovery-play opportunities are emerging around Europe. These can be found in Germany, the stronger Eastern European economies like Poland, and the Nordic states. In all three, economic growth held up well for much of 2012 and, while the near-term outlook is frosty, in the long run they have shown resilience in difficult times, positioning them as early-stage recovery  investments.

Poland’s economy has defied the credit crunch and the euro crisis to avoid recession altogether. Rents for prime offices in Warsaw have risen 13% since 2009, although in 2012 they remained steady, with yields unchanged at 6.25%. This compares well with the falling rents and rising yields seen in places like Madrid and Milan, and consequently we expect Poland to rise up the pecking order in the eyes of
property investors looking at Europe."


Read whole report

czwartek, 2 maja 2013

Euromonitor International - "Apparel in Poland" Report

Report from years 2007-2012 with forecast till 2017 (the forecast performance strictly relates to the stagnant economic circumstances which are predicted for Poland over the forecast period)

Most interesting facts:

"Forecast period will feature intense price competition amongst the main operators. Under these difficult circumstances, the market will present signs of concentration. In particular, the smaller independent operators (both manufacturers and retailers) will face difficulties, and will have trouble surviving in the market. In turn, the market situation will facilitate the development of large fast fashion operators, discounters, outlet shops and internet retailers.

Apparel specialist retailers is followed by discounters, outlet shops and internet retailing

Poles will strive to maintain their volume purchases of apparel; however, they will tend to do their shopping at low prices
In the Polish market apparel specialist retailers is the dominant channel, responsible for most sales of apparel. On the other hand, there are dynamically rising shares for distribution channels which best respond to consumers’ expectations in terms of low prices. Thus, there has been a rise in apparel discounters, hypermarkets, outlet shops and internet retailing. Discounters and hypermarkets address their offer to consumers with lower purchasing power. In turn, outlet shops and internet retailers are visited by consumers who are in search of branded products at low prices. The leading position in footwear is held by domestic operator MG2, which manages the popular CCC retail network in Poland. These shops feature relatively low prices, which is the most important factor drawing the attention of many Polish footwear shoppers.

Fierce competition between domestic and international brand owners

Apparel in Poland features fierce competition between domestic and international operators. The leading positions are held by two main competitors, which are domestic company LPP and international company Zara Polska, which belongs to the Spanish Inditex Group (Industria de Diseño Textil) and H&M in my opinion. Companies present a similar market approach, having a few brands each, with large networks of branded apparel specialist retailers.
The growth achieved in 2010-2011 was higher than in 2012. The main factor restraining growth was the stagnant economic situation, which negatively affected consumers’ purchasing power. In particular, limited personal incomes resulted from wage freezes, rising inflation and rising unemployment. Facing reducing real personal incomes, Poles were not able to significantly increase their expenditure on apparel, and in many cases were forced to limit their expenses.

The key trend in 2012 was consumers’ desire to maintain volume purchases, yet at low prices in order to maintain or even to limit their expenditure on apparel. The pressure on pricing meant that operators intensified their endeavours to attract consumers, either with low prices or different types of bargains and sales promotions. The scale and depth of sales promotions organised by retailers has been intensively rising; increasingly resembling respective campaigns organised in Western European countries. The leader in such sales promotion was LPP, which started intense seasonal sales in the week before Christmas in December 2012.

 Whole raport avaliable here: http://www.euromonitor.com/apparel-in-poland/report

niedziela, 30 września 2012

Globaltrade.net - "Polish fashion sector still brand crazy.."

The Polish fashion wear industry, like most other retail sectors, has significantly transformed over the past two decades, partially down to the country's better economic performances, and expectations from shoppers.

The boom of the 1990s, when local and international brands charted the Eastern European markets, ended up in market consolidation. Currently, global companies and regional leaders dominate the Polish scene. Competition has since stiffened, consumers have become choosy and the Eurozone crisis has destabilised major international players. Also, investment in the fashion business has become more risky, costly and requiring long-term calculation. Branding is more important than ever.

Companies are either putting their money into brand building or are acquiring brands that are already recognised. The Polish fashion market has opened up to high-end international brands, which has caused major realignments.

Brand building

Polish brothers Arkadiusz and Krzysztof Bajolek, Jan Pilch and Adam Skrzypek have been particularly successful as brand builders. The Bajoleks and Jan Pilch successfully launched chain stores for fashion-conscious teenagers under the Mohito and House brands. They sold their company for around Euros100 million to LPP in 2008, when the chains jointly comprised 260 stores in Poland and 100 abroad. Later, instead of launching a new chain they decided to invest in existent ones because chains run under brands were losing popularity among Polish consumers. So, they created Bytom, Gino Rossi and Simple Creative Products (SCP).
The programme to develop brands as the European economic crisis hit was difficult, but turned out successfully in all but one case.

Bytom gained recognition as a conservative, high-end, men's wear brand. The fashion wear brand, SCP, too, won youth appreciation and soon became the pillar of the Gino Rossi group. Investor Pilch seems to recognise the limitations of the Gino Rossi brand and his strategy is to move it eastwards to Ukraine and Belarus where global luxury brands are less available.


Read more

e-shop closed ?

Is it possible? It turns out that yes!   

 In order to verify 24/7 e-shop availability Megapanel and PBI decided to monitor 100 biggest e-stores. Events pages were considered a failure after they have been recorded for at least 3 of the 4 monitoring stations. The results were quite surprising. During the execution of a test of four weeks in late August and September 2012 it was detected a total of over 25 thousand error availability. Worst advised shop did not work for 10 % of the analyzed time (67 hours! ) , And only 14 % of stores not reported during the period of any failure.

to read more suprising news read free raport (in Polish)

poniedziałek, 20 sierpnia 2012

The clothing and footwear retail market in the CE region is likely to be worth more than €14bn in 2014

 "The clothing and footwear retail market in the CE region is likely to be worth more than €14bn in 2014"

We estimate that in 2011 the fashion market in the six Central European (CE) countries was worth almost €13bn, only 1% more than the previous year when expressed in local currencies, but slightly less in euro. Half of this was generated in Poland. The ten largest companies accounted for 28% of the market in the CE region, according to our calculations. The latest PMR report “Clothing and footwear retail market in Central Europe 2012. Bulgaria, Czech Republic, Hungary, Poland, Romania and Slovakia. Market analysis and development forecasts for 2012-2014” identified Inditex as a leader on the clothing and footwear market in the region.

The clothing and footwear market in Central Europe developed, albeit at a sluggish pace, between 2010 and 2012. All of the fashion markets in the CE region, with the exception of Poland, have observed figures lower than those achieved in the record year of 2008. Positive growth did not return to all of these markets last year, and some are expected to decline in terms of value this year. However, the medium-term outlook seems less bleak. Our forecasts suggest that there should be a modest improvement on the market in Central Europe over the next two years."