GPG Group and Coats plc
Download Full Year Results Presentation PDF - Coats plc
Download Full Year Results Presentation PDF - Coats plc
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Crafts – global leader with opportunitiesSignificant growth opportunities exist in individual markets <strong>and</strong> segmentsMarket characteristics• Multiple categories meeting ‘care <strong>and</strong> repair’<strong>and</strong> creative/ recreational needs; estimatedmarket size $2.8bn• Stable market driven by consumers’discretionary income <strong>and</strong> time• Influenced by fashion/ hobby ‘trends’ <strong>and</strong>need for self-expression/ customisation• Emergence of Asian middle class <strong>and</strong>increase in leisure time should drive growth• Channel l<strong>and</strong>scape <strong>and</strong> customerfragmentation varies by geography:independents important but declining• Alternative distribution channels(e-commerce) emerging as a major factor• Competitor crafts players are largely focusedon one or two key product categories<strong>Coats</strong> strategic agenda• <strong>Coats</strong> is the market leader <strong>and</strong> the only globalplayer across the large range of sub-segmentswithin Crafts• Clear opportunities to drive growth through:– Geographic expansion/ roll out– Optimising channel strategy <strong>and</strong>reorganisations in Europe– Focus on key br<strong>and</strong>s/ products– Building marketing/ sales capability– Well defined <strong>and</strong> effectively delivereddigital strategy– Category management with NorthAmerican chains• Strategy drove 6% like-for-like global salesgrowth in 2012© <strong>GPG</strong> <strong>Group</strong> <strong>and</strong> <strong>Coats</strong> <strong>plc</strong> | Financial results for year ending 31 December 2012 Page 30
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