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Retailing in 2010 - World Retail Congress

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Q4 Dec <strong>2010</strong> 07<br />

GfK R & T<br />

Underly<strong>in</strong>g these trends, we believe that Fashion is impacted as much as<br />

the other markets by a shift <strong>in</strong> consumer paradigm, which puts the<br />

emphasis on brand<strong>in</strong>g and time management<br />

POSSESSION<br />

- STATUS<br />

Acquisition<br />

Recognition<br />

=><br />

Experimental consumer expectation model<br />

Specialists<br />

ACQUISITION<br />

- FUNCTION<br />

Money earned<br />

Money lent<br />

=><br />

Convergence<br />

H-Discounters<br />

Category Killers<br />

TIME<br />

- USAGE<br />

Shopp<strong>in</strong>g habits<br />

Choice preferences<br />

=><br />

Multichannel<strong>in</strong>g<br />

Brand<strong>in</strong>g<br />

Oct-10<br />

4

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