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Article: Premium/Luxury Operators Fuelling Growth In The UK Department Store Sector.
- Article from:
- M2 Presswire
- Article date:
- February 28, 2008
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M2 PRESSWIRE-28 February 2008-DATAMONITOR: Premium/Luxury Operators Fuelling Growth In The UK Department Store Sector(C)1994-2008 M2 COMMUNICATIONS LTD
RDATE:29022008
London -- Premium/luxury operators are driving growth in the GBP14.7bn UK department store sector according to the latest report* from Verdict Research, part of the Datamonitor group.The sector returned to growth in 2006 following two years of decline, and has not only sustained this trend for the second consecutive year in 2007, but is likely to outperform in 2008.Though Marks & Spencer's recovery was a major factor in the return to growth in 2006, it is the high end operators that have ...