Sector Insight: Health and fitness clubs
03 Aug 2011
Health and fitness clubs have been hit by the recession, but the sector is still expected to grow by about 10% in the next five years, writes Jane Bainbridge.
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As expected, The Marketing Society Brand of the Year 2011 award, in association with ITV and Marketing, is being hotly contested.
Health and fitness clubs have been hit by the recession, but the sector is still expected to grow by about 10% in the next five years, writes Jane Bainbridge.
Sales of carbonated soft drinks remain strong, although retailers' pricing demands mean volumes must grow to boost profits, writes Jane Bainbridge.
Sweet and savoury spreads have enjoyed success over recent years, but with a high level of market penetration, brands must innovate.
Brands are adding fragrances and formulations to attract young consumers and over-65s and counter a predicted slide in sales value, writes Jane Bainbridge.
Household-paper brands are holding firm against own-label, but heavy discounting is an issue when it co mes to value growth.
The fallout from the global financial crisis has led to the personal loans market taking a hit, but it is set to recover in 2011, albeit slowly.