With a 7,6% decline in the fourth quarter of 2016, there’s no denying physical media sales keep struggling in the digital age.
The Belgian book market is still in decline, but gradually slowing down following a decline of -1,3% in the third and a growth of 0,9% in the fourth quarter.
The last quarter of the year finally shows some positive results for the Belgian Fashion market: three months of growth, leading to a nice +3,7% value growth. This means a turnover increase of almost 29 million € in our Leaderpanel. After nine consecutive months of declining sales, this is definitely an important change in trend!
At the end of the year, we are registering a turnover growth of approximately 2% for the DIY Superstores. Although 2016 has known a troublesome start, the consecutive growth figures from July all the way to December have led to this positive result.
GfK’s sales tracking of four key European retail optics markets (Italy, France, Spain and Germany), shows a turnover of €17.6 billion for total year 2016. This is a sales value growth of 0.9 percent compared to the previous year. GfK released the findings at the international MIDO 2017 trade fair in Milan.
It’s often been said that the world is divided into two kinds of people; those who like to spend their holidays seeing and doing things, and others who just want to lie on the beach. Recent global research from GfK shows that the truth is a little more complicated.
Although the referendum vote to leave the European Union caused anxiety about its effect on business (as indicated by the pessimism and caution registered in GfK’s post referendum consumer confidence survey) sales of electrical durables over the second half of 2016 appeared largely unaffected.
But does January’s dip in Major Purchase Index predict slowing consumer spending for 2017?
GfK’s long-running Consumer Confidence Index has increased two points this month to -5. Three of the five measures saw increases in January, one was unchanged, and the other decreased.
There’s no doubt that since the introduction of Black Friday in the UK and the subsequent years that followed, the shape of Christmas trading has changed. Both retailers and manufacturers have had to embrace this, in an attempt to ensure they retain and grow their slice of the pie during the key final quarter of the calendar year.
Growing popularity and demand for Gaming and 2 in 1 devices paved the way for innovative launches at CES 2017.
Roller-coaster year for UK consumer confidence
London, December 22, 2016 – GfK’s long-running Consumer Confidence Index has increased by one point this month to -7. Two of the five measures saw increases in December with the remaining three measures decreasing.
Reignited hype and significant financial backing suggests we may be teetering on the edge of a second wave of virtual reality (VR) success. 20 years of inconspicuous availability is now overshadowed as expectations have surged. Some of the world’s largest companies are in support of VR, while PC and mobile manufacturer launches have driven momentum in 2016. Now up for debate is whether VR will become a mass market entity, and how.