Wednesday, January 30, 2013

CDON 2012: sales up, results down

Credit: CDON, Warehouse Borås, Sweden
Swedish CDON Group, the leading e-commerce group in the Nordic region, today announced its preliminary financial results for the fourth quarter and the full year ended 31 December 2012.
The Group’s net sales for the fourth quarter 2012 were up 19% to SEK 1,572.8 (1,316.4) million. The preliminary operating results for the fourth quarter 2012 amounted to SEK -110.7 (71.3) million.
The Group’s net sales for the full year 2012 were up 31.1% year on year to SEK 4,461.7 (3,403.7) million. The preliminary operating results for the full year 2012 were SEK -173.9 (129.2) million.
"Nelly has not met the requirements"
Non-recurring items amounting to SEK 112 million in the subsidiary NLY Scandinavia (“Nelly.com”) negatively impacted the Group’s operating income in the fourth quarter. These items were identified upon completing the year-end closure and the associated controls, but the findings are also a consequence of the Group´s takeover of the warehouse operations in Falkenberg in the fourth quarter.

CDON Group is the leading e-commerce group in the Nordic region. Established in 1999, the Group has continuously expanded its product portfolio and is now a leading e-commerce player in the Entertainment (CDON.COM, BookPlus.fi, Lekmer.com), Fashion (Nelly.com, Heppo.com, Members.com), Sport & Health (Gymgrossisten.com, Bodystore.com) and Home & Garden (Tretti.com and Rum21.se) segments. The group reported revenues of SEK 3.4 billion for the full year 2011. CDON Group is listed on the NASDAQ OMX Stockholm Mid-cap list under short name CDON.
CDON Group's results for the fourth quarter and full year ending 31 December 2012 will be published in full on 8 February 2013.

Monday, January 28, 2013

Swedish Retail 2020

Retail companies all over the world are experiencing a rapidly changing competitive landscape, with increasing pressures from global and local e-commerce players challenging the brick and mortar business model. Emerging future trends such as the rise in the consumer power of Millennial (those born between 1982-2000), shrinking middle markets, new in-store experiences supported by mobile devices, pop-up stores, more showrooms and more emphasis on personalization, will open opportunities for creative action and new players.

A new report from the Jones Lang LaSalle’s research team analyses the impact of rapid technological change on consumer behavior and shopping decisions. Differentiation between purchasing channels – from mobile to online to in a store – is quickly fading. Innovations within the logistics and distribution sector provide new opportunities for retailers and suppliers to bring product “to the table” in an increasingly competitive global environment.

For more information about the report, please visit the Jones land LaSalle´s website.




Market signals: Retail sales in Sweden

According to recent figures from the Swedish Retail Research Intitute, HUI, retail sales at current prices declined at the end of the year by 0.4 per cent between December 2011 and December 2012. Sales of durable goods declined by 2.5 percent, while sales of grocery goods grew by 2.4 percent in December. Compared with other trade segments the sports trade was very strong development with nearly 24 percent of growth. Footwear sales increased with almost 7 percent in current prices. The biggest losers were optics trade (-15.3) and electronic commerce (-12.8). Prices continue downward in the electronics industry that is pressed hardly by the continued high level of competition.

Monday, January 21, 2013

China dominates critical metals market

Credit: BGS, Risk List 2012
The supply of many metals and other elements used in high-technology products such as batteries, magnets, mobile phones and PCs is ‘at risk’. Increasing global demand for metals and minerals has lead to a greater competition for resources. Policy-makers, industrialists and consumers are increasingly concerned about the risk to the supply of these critical materials.
Critical metals such as rare earths, tungsten, and antimony have the highest supply risk, with production and resources concentrated in a few countries. China dominates production of many metals and other elements. It is the leading global producer of 22 of the 41 elements listed by the British Geological Survey (BGS) Risk List 2012.




Wednesday, January 09, 2013

New Boxpark pop-up container mall

Credit: Boxpark NDSM
A disused shipyard in Amsterdam, NDSM, has been chosen as the site for the new Boxpark pop-up shopping centre. Like the Boxpark in Shoreditch, London, -  the world’s first pop-up mall, based in the heart of East London.
- Boxpark NDSM will be created from shipping containers. But unlike the London version, Boxpark NDSM will be situated indoors in one of the shipyard’s empty hangars.
Summer 2013 Boxpark will bring the world's first pop-up mall experience to Amsterdam. Boxpark NDSM wants to become known as an experience brand. A 24 hour destination where retail and entertainment combine. Boxpark NDSM will be a creative platform featuringDJ's, live music, performaningarts, action sports, films and dance.
Credit: Boxpark NDSM

BOXPARK is constructed of stripped, and refitted shipping containers, to create unique, low cost, low risk, ‘box shops’. Filled with a unique mix of international fashion and lifestyle brands, galleries and cafés, it’s the world’s first ‘pop-up’ mall – so named because its basic building blocks are inherently movable: they can, and will, pop up anywhere in the world!

BOXPARK is not some run-of-the-mall shopping centre. It’s a living, fertile community of brands packed with talent, innovation and attitude that puts creativity and fashion back where they belong: on the street.

Wednesday, January 02, 2013

New shopping experience

The flagship Adidas store in Tokyo's Shinjuku district introduced a new virtual shopping tool in November 2012. Visitors approach a screen, and a motion sensor captures and reproduces their images in pop-art style. Visitors strike poses and then touch up the image with blue bolts of lightning or blazing red flames. The images can be uploaded onto the shop's Facebook page for friends to see and later downloaded for personal use.
The device was created by Teamlab Inc., a company based in Tokyo. Teamlab operates a second system at the store, too, one intended to help the shopper choose an appropriate purchase. When a customer picks up a garment, an identification device in the hanger causes an image on a display nearby to flash up showing a model wearing it.