Retail is our businessMacintosh Retail Group wants to offer all consumers wishing to buy shoes or home decorations a distinctive shopping experience, with a focus on convenience, service and emotion combined with familiar brands, excellent collections and customer knowledge, to exceed the expectations of customers, and to ensure customers return to one of our store formats for their next purchase.
Turnover and margin in Fashion continue to increase in first months of 2014
Macintosh will announce the outcome of the strategy review for its Fashion segment in today’s Annual General Meeting of Shareholders. The principal finding is that the cross-channel strategy is validated, but that only formats with a clear selling proposition will be successful in this approach. A number of operational and commercial measures will be implemented to fully harness the potential of the shoe formats in the Netherlands, Belgium and the UK. On that basis and given the initial positive results of initiatives already taken, Macintosh sharpens its strategy and accelerates its transformation. A group-wide programme “Rebalancing for profitable growth” will be presented today to achieve this, aimed at substantial turnover growth and leading to an operating EBIT margin (exclusive of incidentals) of at least 6% for Fashion in 2017.