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kia made losses of 1.4bn euros (1.1bn) in

last 3 months, losing more market share to

msung & Apple. Sales fell 19% to 7.5bn

os, with smartphone sales falling 34% to

bn euros. (bbc)

afone has flagged ongoing weakness in

eurozone's worst-hit economies as it

ned of revenue declines in Italy, Spain,

ece & Portugal. The UK fared better than

southern peers, although it still saw a

ine of 0.8% as Vodafone warned that

croeconomic pressures continue to impact

sumer confidence adversely". Vodafone

d 100,000 customers over the quarter,

ving it with just over 19m users in the UK.

ardian)

Microsoft has made the first quarterly loss in its

history after it wrote off some of the value of its

online advertising business. The loss came after it

wrote down the value of Aquantive by $6.2bn

(3.94bn), which failed to bring the profits

expected by Microsoft. That led to a $492m loss inthe three months to the end of June, compared

with a profit of $5.9bn a year ago. (bbc)

Google has reported a jump in sales and profits for

the three months to the end of June in its first

results statement since taking over Motorola

Mobility Holdings (MMH). Net income for the

quarter was $2.79bn (1.77bn), up 11% compared

to $2.51bn a year earlier. Google said revenue rose

35% to $12.21bn for the period after a $1.25bn

boost following the acquisition of MMH. (bbc)

Retail footfall YTD 2012 v 2011 was down 2.7%

for the week ending 15 July 2012 (footfall.com)

Comet is on track to return to the black this yea

and is changing gear to focus on top-line growth

Since private investment firm OpCapita boughthe electricals retailer from Kesa for 2 i

February, full-year equivalent savings of 50m

have been made, chairman John Clare told Reta

Week. Having stabilised the business, Clare an

his team led by chief executive Bob Darke ar

now optimistic that they can drive embattle

Comet forward. Clare said that although Comet

still loss-making at an EBITDA level, tha

measurement has improved every month yea

on year since OpCapita took over. (retailweek)

asonic is hoping to replace DSLR cameras

h what it is dubbing "DSLM", or "Digital

gle Lens Mirrorless" devices. DSLM is the

me it hopes will catch on around the world

the more advanced cameras in its line-up.

hradar)

EA and Tottenham Hotspur FC have agreed a three-

year partnership that will make EA Sports the

official video game partner of the English Premier

League club. EA Sports will apparently be

conducting 3D head scans of the players to

enable the FIFA development team to capture high-

quality and authentic 3D digital player models for

future versions of the game. (Independent)

Yahoo has revealed the remuneration package

has offered to new chief executive Mariss

Mayer could top $70m (45m). Yahoo ha

struggled in the face of increased competitio

from internet search rivals including Google, an

the emergence of social giants such as Facebook

(bbc)

Mobile

Printers/Cameras/E-readers Gaming & Apps Social Media & Internet

Computing Consumer Electronics

23 July201

http://www.footfall.com/

7/31/2019 Market Insight Update - 23 July 2012

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Maplin invests 40m to improve business

For further details or feedback please contact: brendan.martin@uk.cpm-int.com

23 July 201

Why?

The investment

which will impact short-

term profitability, is designed to

enable the 200-store retailer to

better cater for changing

customer needs and follows a

decline in earnings in 2011.

EBITDA tumbled to 29.9m

from 40.8m year-on-year.Sales edged down 1.6% to

205m.

Source: retailweek

The Plan

Investing 40m over three-

and-a-half years as its new

management team focuses on

improving the business.

The equivalent of 1m per

month is being invested into

projects such as multichannel

development and new stores.Maplin this year teamed up

with Shutl to introduce 90-

minute deliveries.

Maplin will use part of the cash

to increase its portfolio by 50%

to 300 stores.