Woolworths Holdings Limited · JSE:WHL
Woolworths — FY2002 Earnings Presentation
9 slides from Woolworths's earnings presentation, August 2002
Slide 1: Country Road Australia
COUNTRY ROAD AUSTRALIA
Slide 2: Country Road Limited performance 2001/02
country road limited performance 2001/02 • Complete exit from US market • Australasian operations returned to profitability • Sales growth • System and process transformation • Material and sustainable cost reduction • Quality improved • Value and fashionability improving • Franchise deals in Asia a
Slide 3: Australian retail environment
country road limited australian retail environment • Overall retail sales growing • Apparel sector less buoyant; slow since November with May and June showing decline • Regional differences with Victoria performing well and NSW performing poorly • Discounting prevalent driven by underperforming depa
Slide 4: Strategy 2002/03
country road limited strategy 2002/03 Vision : We will be the best, most respected and most desired modern Australian lifestyle brand Brand proposition : Modern Australian living
Slide 5: Strategy 2002/03 (cont.)
country road limited strategy 2002/03 (cont.) Drive full price sales growth through : • More fashionable goods • Greater availability and responsiveness to market • Improved value • Strong, focussed and integrated marketing • Product expansion • Roll out of franchise deals
Slide 6: Strategy 2002/03 (cont.)
country road limited strategy 2002/03 (cont.) Continue to reduce cost and improve efficiency through system and process transformation : • Focus on core competencies • Increased collaboration with partners • Simplified and standardised processes • Cost effective availability • Supply chain visibilit
Slide 7: Slide 7
Slide 8: Woolworths Holdings Limited: the future
woolworths holdings limited the future Woolworths • Textiles and foods - more of the same • Woolworths Financial Services – consolidate and develop • International – continued expansion Country Road Limited • Drive top line sales Strategies aligned with customers’ ever increasing expectations
Slide 9: Risks 2002/03
woolworths holdings limited risks 2002/03 • Price acceptability in context of high inflation in textiles • Losing focus • Country Road Limited not achieving top line sales