Brochure & Order Form_Global Underwear Market Report 2012

Global Underwear Market Report 2012

February 2012

Provided by

RESEARCH ON INTERNATIONAL MARKETS
We deliver the facts – you make the decisions


February 2012

Publication Date
February 2012
Language
English
Format
PDF & PowerPoint
Number of Pages/Charts
155
Covered Countries
USA, Colombia, UK, Germany, France, Denmark, Italy, Netherlands, Poland, Russia, Spain, Japan,
China, India, South Korea, Saudi Arabia, UAE, Australia

Price
Single User License: € 3,950 (excl. VAT)
Site License: € 7,900 (excl. VAT)
Global Site License: € 11,850 (excl. VAT)

yStats.com GmbH & Co. KG Telefon: +49 (0) 40 - 39 90 68 50 info@ystats.com www.twitter.com/ystats
Behringstr. 28a, 22765 Hamburg Fax: +49 (0) 40 - 39 90 68 51 www.ystats.com www.facebook.com/ystats


Key Findings
Covering 18 countries worldwide
• In terms of lingere spending, “EU 27” was the leading region worldwide in 2010, followed by USA, Russia
and China.
• In the USA, the market for ladies’ underwear grew by one third from 2004 to 2010, while it only increased
by approximately 10% for male underwear in the same period.
• Among European countries, France was the country with the highest spending on lingerie in 2010, followed
by Germany, the UK and Italy.
• More than 40% of Chinese underwear customers are aged 25-44, an age group expecting higher income in
the ongoing Chinese economic boost. Furthermore, the South Korean lingerie market is still controlled by
local brands in 2011, but international brands are gaining market share.
• The global underwear market is dominated by manufacturers who also sell their products to consumers.
HanesBrands, Calida, Hunkemöller and Triumph are among the successful competitors. Players who showed
a weak performance in this dynamic market were Austrian underwear specialist Palmers and La Senza UK.

Company and Product Information
About our Reports

Market reports by yStats.com inform top managers about recent market trends and assist with
strategic company decisions

A list of advantages
• yStats.com provides secondary market research: By using various sources of information we ensure
maximum objectivity for all obtained data. As a result companies get a precise and unbiased impression of
the market situation.
• The analyses, statistical reports and forecasts are only based on reliable sources including national and
international statistical offices, industry and trade associations, business reports, business and company
databases, journals, company registries and news portals.
• Our international employees research and filter all sources and translate relevant information into English.
This ensures that the content of the original studies is correctly interpreted.
• yStats.com delivers all research results as PowerPoint files. All data can therefore be used directly for board
presentations or be individually adapted.
• If required, yStats.com provides in-depth analysis for all research projects. Simply send us a request.

About yStats.com
• yStats.com has been committed to research up-to-date, objective and demand-based data on markets and
competitors from various industries since 2005.
• Headquartered in Hamburg, Germany, the firm has a strong international focus and is specialized in
secondary market research.
• In addition to reports on markets and competitors, yStats.com also carries out client-specific research.
• Clients include leading global enterprises from various industries including B2C E-Commerce, electronic
payment systems, mail order and direct marketing, logistics as well as banking and consulting.



Table of Contents (1 of 3)
1. MANAGEMENT SUMMARY 2. GLOBAL MARKET TRENDS (cont.)

2. GLOBAL MARKET TRENDS 2.4 Regional: Europe

2.1 Regional: Global • Bodywear Consumption by 14 selected Countries, in
EUR billion, 2008 (12 Countries), 2009
• Breakdown of the Global Lingerie Spending by
(10 Countries) and 2010 (5 Countries)
Regions, in %, 2010
• Annual Per Capita Bodywear Spending by Country
• Global Lingerie Spending by Regions and major and EU Average, ranked by most recent Spending,
in EUR, 2008 (12 Countries), 2009 (3 Countries) and
Markets, in EUR billion, 2010
2010 (7 Countries)
• Trends in the Top Countries USA, UK, Germany, • Overview of Bodywear Demand, in EUR million,
France & Japan, 2010-2011 2010 and CAGR in Demand, in %, 2006-2010

• Shapewear Market Trends, 2011 • Bodywear Market Segmentation, 2010
• Bodywear Trends, 2010-2012
• Lingerie Market with Spending by Country and
2.2 USA (Top Country) Spending on Lingerie in the five largest European
Markets, in EUR billion, 2010
• Underwear Market Figures, in USD billion and
• Trends in Men buying Lingerie, 2011/2012
% Change, 2004 & 2010
2.5 UK (Top Country)
• Market Volumes for Intimate Apparel, Hosiery and
• Retail Trends and Changes in Lingerie Retail Sales,
Male Underwear, in USD billion, 2008 & 2009
in %, 2010-2011
• New Product Trends and Growth of Shapewear, • Underwear Market Trends and Age Distribution of
UK Women who had Bra Fittings, in %, 2010
Long Leg Briefs and Tights, in %, 2010
• Underwear Sector Market Volume in GBP bil. and
• Intimate Apparel Sales Cycle Trends, 2010/2011 and Growth, in %, 2009-2010

Bra and Panty Sales Growth, in %, three Months • Bodywear Trends, 2009/2010

ending February 2011 • Luxury Lingerie Market Trends, 2011

• Lingerie Spending Trends, in EUR billion and 2.6 Germany (Top Country)
Breakdown of Categories in Lingerie Spending, in %,
• Bodywear Trends and per Capita Spending on
2010 Bodywear, in EUR 2008 & 2009
• Underwear Sales Trends and Breakdown of
• Loungewear Trends, 2012/2013
Foundations Sales by Product, in %, 2010
• Bra Consumer Preferences and Importance of
2.3 Colombia Bra Attributes by Women in Germany, in %, 2011
• Shapewear Trends, 2011
• Underwear Market Trends and Breakdown of Clothing
• Nightwear Market Trends in 2011 and Nightwear
Spending by Segment, in COP bil. and in %, 2010



2. GLOBAL MARKET TRENDS (cont.) 2. GLOBAL MARKET TRENDS (cont.)
2.7 France (Top Country) 2.15 Japan (Top Country)
• Lingerie Trends, 2011/2012 • Women’s and Men’s Underwear, Nightwear and
Swimwear Market Value, in JPY billion and in %,
2010
• Breakdown of Clothing Categories bought by Women,
• Women’s Underwear, Nightwear and Swimwear
in %, 2010
Market Value, in JPY billion, 2009 & 2010
• Breakdown of Market Growth in different Bodywear
• Shapewear Trends, 2011
Segments, in %, 2010
• Fat-burning Underwear Trends, 2011

2.8 Denmark 2.16 China
• Underwear and Lingerie Market with Market Volume,
• Bodywear Trends, 2010
in EUR, 2010 & 2011

2.9 Italy • Women’s Underwear Market Trends, 2011
• Underwear Market Values, in RMB billion, 2011 &
• Bodywear Trends and Average Amount spent on
2016f
Bodywear per Person in Italy, in EUR, 2010
• Women’s Underwear Market Sales, in RMB billion
and Annual Growth in %, 2011f-2015f
2.10 Netherlands
• Men’s Underwear Market Revenues, in RMB billion,
• Bodywear Trends, 2010
2007-2010
• Forecast of Bodywear Trends, 2011/2012
• Hosiery Market Trends, 2011
• Breakdown of Bra Styles as favored by Dutch
• Market Revenue, in EUR million, 2004 & 2009
Women, in %, 2010

2.17 India
2.11 Poland
• Lingerie Market Trends, 2011-2012
• Bodywear Trends, 2010/2011
• Lingerie Market with Market Volume, in EUR billion,
2010
2.12 Russia
• Lingerie Market Value, in INR billion, 2009 & 2014f
• Underwear Market Trends, 2010-2012 and
Underwear Price Segment Growth, in %, 2012f
2.18 South Korea
• Underwear Market Volume, in EUR billion,
• Lingerie Market Trends, 2010-2012
2008-2012f
• Lingerie Market Volume, in KRW trillion, 2009-2010
• Changes in Lingerie Shopping Behavior, 2011
2.19 Regional: Middle East
2.13 Spain • Lingerie Trends, 2011
• Lingerie Market & Lingerie Spending in Middle East &
other Regions Worldwide, in EUR bil., 2010
2.14 Regional: Asia
• Lingerie Spending in Asia and other Regions 2.20 Saudi Arabia
Worldwide, in EUR billion, 2010
• Personnel Trends in Lingerie Shops, 2011/2012



2. GLOBAL MARKET TRENDS (cont.) 3. GLOBAL UNDERWEAR PLAYERS (cont.)

2.21 UAE 3.3 Major Underwear Player Profiles

• Lingerie Trends, 2011 • Major Underwear Market Players, by Country, 2012
• Baci Lingerie: Profile
• Calida: Profile
2.22 Australia
• Chantelle: Profile
• Intimate Apparel Trends, 2010/2011 • Etam: Profile
• Gunze: Profile
• HanesBrands: Profile
3. GLOBAL UNDERWEAR PLAYERS • Hunkemöller: Profile
3.1 List of Players by Business Type in • La Senza: Profile
the EU • Lindex: Profile
• Maidenform Brands: Profile
• Overview of Retail Chains, Department Stores and
• Palmers: Profile
Home-/Online-Shopping in the Bodywear Segment in • Triumph: Profile
the UK, Ireland & Belgium, 2011 • Victoria’s Secret: Profile
• Overview of Retail Chains, Department Stores and • Wacoal: Profile
Home-/Online-Shopping in the Bodywear Segment in • Warnaco: Profile
Germany & Austria, 2011 • Wolford: Profile

• Overview of Retail Chains, Department Stores and 3.4 Other Underwear Player Profiles
Home-/Online-Shopping in the Bodywear Segment in
• Agent Provocateur: Profile
the Netherlands, Sweden & Denmark, 2011
• Arcte Fashion Brands: Profile
• Overview of Retail Chains, Department Stores and • Ayyildiz: Profile
Home-/Online-Shopping in the Bodywear Segment in • Concept Club: Profile
France, Italy & Spain, 2011 • Embry: Profile
• Esotiq & Henderson: Profile
• Overview of Retail Chains, Department Stores and • Falke: Profile
Home-/Online-Shopping in the Bodywear Segment in • Fashion Box: Profile
Poland, Slovenia & Hungary, 2011 • Frederick’s of Hollywood: Profile
• Gossard: Profile
• Hope Lingerie: Profile
• Intimacy: Profile
• Intimissimi: Profile
• Kom Tekstil: Profile
• La Perla: Profile
3.2 Department Stores and Clothing
• La Vie en Rose: Profile
Retailers • Lovable Lingerie: Profile
• Oysho: Profile
• Debenhams: Lingerie Development within
• Parijanka: Profile
Department Stores and Retailers, 2011
• Pompea: Profile
• Marks & Spencer: Lingerie Development within
• Schiesser: Profile
Department Stores and Retailers, 2011
• Slenderella: Profile
• Karstadt: Lingerie Development within Department • Sunset: Profile
Stores and Retailers, 2011/2012
• Van de Velde: Profile
• Esprit: Lingerie Development within Department • Women’s Secret: Profile
Stores and Retailers, 2011/2012 • Yamamay: Profile
• OneStopPlus: Lingerie Development within • Zeki Triko: Profile
Department Stores and Retailers, 2011/2012



Samples


67% of Internet lingerie retailers in the UK experienced an
increase in sales in 2011 as compared to 2010.
UK: Retail Trends and Changes in Lingerie Retail Sales, in %, 2010-2011
 Despite lingerie being a fit-oriented product, Internet sales have
been on the rise.
Changes in Lingerie Retail Sales,
 67% of lingerie Internet retailers in the UK stated that their sales had
increased in 2011 as compared to 2010, while 33% reported steady in %, 2010-2011
sales and no Internet retailer of lingerie experienced decreasing
sales. 75%
67%
 In comparison, only 35% of independent retailers stated that their
sales were better in 2011 than in 2010. A further 19% reported 60%
stagnating figures, while 46% had faced decreasing sales.
 26% of large retailers, including multiples and department stores, 50% 46%
reported an increase in sales in 2011, while 60% faced stagnation
and 14% had decreasing sales.
35%
 In 2011, Lingerie retailers were affected by low consumer confidence 33%
and spending. Further concerns were the UK VAT increase and price
increases from brands. 26%
25%
 Still, 40% of Internet lingerie retailers lowered their prices in 2011, 19%
followed by 29% of large retailers and only 6% of independent 14%
retailers.
 Online lingerie retailers are the group of lingerie retailers that is most 0%
optimistic about 2012, followed by independent retailers and with 0%
large retailers as the most pessimistic. Internet Retailers Independent Large Retailers
Retailers
 In order to improve their business, lingerie retailers develop
websites, change their brand mix or add new product sectors. Increase Stagnation Decrease

Note: based on a Lingerie Buyer survey conducted in the lingerie industry in November 2011
Source: Lingerie Buyer, January 2012

35


In 2011, HanesBrands continued to grow and was set to reach
worldwide net sales of USD 4.9 to 5.0 billion (EUR 3.6 billion).
HanesBrands: Profile
Name of Company HanesBrands Inc.

Country of Origin USA

Main Homepage www.hanesbrands.com

Vertical Integration Retailer, Manufacturer, Intermediary

Business Model Multi-Channel, Multi-Brand Retailer

• Positioning: Medium-Pricing
Positioning/ Product Range
• Main Product Range: Women’s, Men’s and Kid’s Underwear, Socks, Hosiery, Casualwear and Activewear

• USD 4.3 billion (EUR 3.3 billion) in 2010
Revenue/ Financials
• The net sales guidance for 2011 was confirmed at USD 4.9 to 5.0 billion (EUR 3.6 billion)

Main Countries USA, Canada

• HanesBrands employs more than 55,500 employees in over 25 countries worldwide as of 2011.
• Owned brands selling underwear include Hanes, Playtex, Bali, Just My Size, Barely There, and Wonderbra.
• US market share grew by 11% in 2010 compared to 2009.
• Worldwide growth (excluding the US) rose by 16% in 2010.
News • Price increases were applied internationally in order to counteract rising costs in 2011.
• Despite increases in price, the sale of men’s underwear grew by 10% in the third quarter of 2011. Intimate
apparel did not perform as well, experiencing a decline.
• In the fiscal year ending January 1, 2011, innerwear accounted for 46.5% of net sales, while hosiery
accounted for 3.9%.
• The US accounted for 88.3% of net sales in the year ending January 1, 2011, followed by Canada with 3.3%.

Source: Company homepages, business reports, business and company databases, journals, company registries, news portals, industry and trade associations

116



Report ORDER FORM
REPORT Order Form
Place Your Order as Follows:

Call us at + 49 40 39 90 68 50

Fax us at + 49 40 39 90 68 51 using the form below:

Scan and Email us at inquiry@ystats.com using the form below:

Place your order now:

Please confirm the license type you require:

 Single User License  Site License1  Global Site License2

Report Title Publication Date Price (€)

An invoice will be sent to your company. Please complete your contact details.
Title: Mr/Mrs/Ms First Name
Last Name
Job Title
Company
Email Address
Telephone Number
Fax Number
Address
City State/Province
Country Post Code/ZIP

All Forms must have a signature to confirm your order:

Signature

Where did you find us?
EU Companies must supply Purchase Order No
Order Date
 Google/Search Engine VAT No (if required)
 Google Adwords/Online Advertising
 Article in Trade Journal
 Press Release
 Social Media
 Recommendation
 Others: ________________________

Note: Reports are provided in electronic PDF form. yStats.com will contact you in the future to provide our free newsletter or other mailings. If you
do not wish to receive our newsletter or other mailings, you may advise us of this. Your contact information will not be sold to other organizations.
1
) Site Licenses, allowing all users within a given geographical location of an organization to access the report, are available for double the price.
2
) Global Site Licenses, allowing all worldwide users of an organization to access the report, are available for triple the price.






Terms and Conditions
1. SCOPE entitled to access the report. In both cases, the term “organization” refers to the company of
1.1 The following terms and conditions apply to our entire contract (the “Contract”) between the specific customer only and excludes any third parties including affiliates.
yStats.com GmbH Co. KG (hereinafter also referred to as “we” or “us”) with our customers 4.4 must expressly be named as the author of any data the customer processes further as
We
regarding (i) research services, (ii) the purchase of reports, and (iii) any other contracts contractually negotiated.
between us and our customers executed by reference to these terms and conditions (any 5. TECHNICAL INFORMATION
reports and other services and products which we may make available to the customer under 5.1 e shall provide our Products in standardized data formats.
W
a Contract hereinafter the “Products”). 5.2 The customer must ensure that he has the corresponding technical resources to make use of
1.2 Any terms and conditions of our customers are hereby expressly rejected. Agreements con- these data. The customer may not derive any claims in this connection on grounds of breach
trary to these terms and conditions require our written confirmation. In case of deviations of obligation.
between these terms and conditions and the contents of the Order Forms, the contents of 6. DEFECTS AS TO QUALITY
the Order Form shall prevail. 6.1 o claims for defects as to quality are triggered by insignificant discrepancies between our
N
2. OFFERS, ORDERS products and services and the warranted quality or fitness for use.
2.1 ith respect to research services, we usually submit an offer to the customer in the form of
W 6.2 ikewise, no claims for defects as to quality may be derived from entrepreneurial risks –
L
a “Research Order Form” accompanied with a proposal stating the nature of the issue to be e.g., with regard to questions of entrepreneurial discretion, an erroneous assessment of the
researched, the services to be rendered, the time required for the study and the fee due. market situation or the failure to recognize a business action’s merit.
2.2 With respect to the purchase of reports, we usually submit an offer to the customer in the 6.3 efect-based claims are further excluded in cases of excessive or improper use or in connec-
D
form of a “Report Order Form” accompanied with product brochure stating the contents of tion with damages caused by extraordinary conditions not reflected in the Order Form. This
the report and the fee due. In this respect, our customers may chose between two types of is also true in cases of subsequent changes made by the customers or third parties unless
Products, namely (i) our Product “Market Reports” and (ii) our Product “Full Access Global such changes do not affect the analysis and removal of a given defect.
E-Commerce Reports”. 6.4 laims for defects as to quality expire within one year from the commencement of the legal
C
2.3 a customer orders our Product “Market Reports”, the customer gets access to the ordered
If statute of limitation. This limitation does not apply to the extent that applicable law stipu-
report as identified in the Report Order Form and the customer may use that report in accor- lates a longer period in cases of intentional or grossly negligent breaches of duty on the part
dance with Section 4.3 below and the other provisions of the Contract. of us, fraudulent concealment of a defect and injuries to life, body and health.
2.4 a customer orders our Product “Full Access Global E-Commerce Reports”, the customer
If 6.5 Claims for damages and the reimbursement of expenditures are further subject to Section 8.
gets access to any standard reports (for the avoidance of doubt excluding reports published 7. LEGAL DEFECTS
in connection with any research services) focussed on the “Internet E-Commerce” industry 7.1 e are liable for products and services infringing on third-party rights only if and to the
W
as generally published by us during the twelve (12) months prior to the execution of the extent that our products and services are used in accordance with the agreed contractual
Contract and during the subscription term as identified in the “Report Order Form” as of the requirements.
date of the execution of the Contract (i.e. one, two or three years), and the customer may 7.2 Unless agreed otherwise, our liability for the infringement on third-party rights is limited to
use those reports as a “Global Site License” in accordance with Section 4.3 below and the the territory of the European Union and the European Economic Area as well as the place of
other provisions of the Contract. its services’ proper use as agreed under the applicable Order.
2.5 Unless expressly agreed otherwise in writing, the contents of our offers may not be made 7.3 n the event that a third party asserts claims against the customer, alleging that a service
I
available in whole or in part to any third party outside the organization of the customer performed by us violates its rights, the customer shall promptly notify us. If a service
without our prior written consent. rendered by us violates thirdparty rights, we shall choose one of the below actions, duly
2.6 ur offers are not binding and subject to change without notice until acceptance by the
O taking into consideration the customer’s interests:
customer. Our orders will become legally binding upon acceptance by the customer. A valid a) procuring for the customer the right to use the service;
acceptance requires the execution of our “Research Order Form” or our “Report Order Form” b) revising the service to render it free of legal violations; or
respectively (each such document hereinafter the “Order Form”) by a duly authorized repre- c) ithdrawing the service and refunding to the customer any related compensation paid,
w
sentative of the customer and the submission of the Order Form to us via facsimile or email as adjusted by an adequate user fee, if we cannot effect another remedy at a reasonable
with pdf-attachment. We will provide the customer with the access data required to access expense.
the ordered Product(s) with two (2) days as of the execution of the Contract. 7.4 pon our request, the Customer shall assist us with the defense against claims according to
U
3. TERMS OF PAYMENT this section 7, with us reimbursing the Customer for any expenditures and costs incurred as
3.1 he contractually negotiated prices are to be derived exclusively from the Order Form and/or
T a result, although each of the Parties bears the costs of the use of its own personnel.
the documents referenced therein. 7.5 Claims the Customer may hold for legal defects expire in accordance with Section 6.4.
3.2 prices are net and without transportation costs, if applicable. Value Added Tax, if applica-
All 7.6 Claims for damages and the reimbursement of expenditures are further subject to Section 8.
ble, at the statutory rate shall be added to all fees payable hereunder. 8. LIABILITY
3.3 e may demand an additional fee for services that go beyond the scope as agreed under the
W 8.1 cases of intentional misconduct and gross negligence, we are fully liable pursuant to
In
Order Form in case such additional Products are requested by the customer. applicable law.
3.4 e will send our invoice to the customer upon execution of the Contract, unless agreed
W 8.2 ur liability in cases of simple negligence is limited as follows: we are liable only if and to
O
otherwise in the Order Form. In the event that the customer orders our Product “Full Access the extent that we violated a material contractual obligation (cardinal obligation) – i.e., an
Global E-Commerce Reports”, we will send our invoice for the first contract year upon exe- obligation that (i) the Customer reasonably relied upon at execution of the applicable Order
cution of the Contract and the invoice(s) for any subsequent contract year(s), if any, upon Form and (ii) was of critical significance to the outcome of performance. As regards property
commencement of any subsequent contract year. damage and financial loss, such liability is limited to typical and foreseeable damages; in no
3.5 payments shall be due and payable within thirty (30) days following the date of our
All event will we be liable for any incidental, special, punitive or consequential damages, loss of
invoice without any deductions. The customer will be in default one day after the expiry date profits or loss of data in such case.
without any further warning notice being required. 8.3 ur liability for damages under warranties (Beschaffenheitsgarantien) is limited to instances
O
3.6 customers‘ rights of retention or set-off are hereby excluded to the extent that they are
All in which the warranty expressly includes such liability.
not based on the same contractual relationship. Retentions or set-offs are allowed only if the 8.4 Claims for the reimbursement of expenditures and other liability claims asserted by the
customer‘s claim is nondisputed or has become unappeasable. Customer against us are subject to sections 8.1 through 8.3.
3.7 n the event of a customer‘s default in payment or other apparent credit unworthiness, all
I 9. CONFIDENTIALITY
remaining claims against that customer shall become immediately due and payable in full. 9.1 he Parties shall hold in strict confidence for an indefinite period of time all data and
T
We shall then be entitled to rescind payment terms previously agreed upon and to demand information materials of which they gain knowledge as part of a Contract, be it orally, in
payment in advance or other appropriate security with respect to pending deliveries. A writing or otherwise, directly or indirectly, provided that such data or information materials
customer shall be deemed unworthy of credit in particular when he files a petition in ban- are designated confidential or must be considered confidential based on their nature, and
kruptcy or composition proceedings. shall use them exclusively as part of the services covered by the relevant Order. This duty of
4. INTELLECTUAL PROPERTY RIGHTS AND INDEMNITIES confidentiality excludes data and information materials that:
4.1 copyrights and other intellectual property rights in connection with our Products remain
All a) were already known or accessible to any third party at the time of disclosure;
with us. All data carriers remain our property. The customer may not modify, publish, trans- b) ne of the parties legitimately receives from a third party following disclosure, and such
o
mit, transfer or sell, reproduce, create derivative works from, distribute, perform, display, or third party is not bound by a duty of confidentiality in relations with the other Party;
in any way exploit any of the Products made available by us, in whole or in part, except as c) ust be disclosed by order of and to a government agency or another competent third
m
expressly permitted under the Contract. party; and
4.2 pon delivery of the Products to the customer and payment of the agreed fee, the customer
U d) ust be disclosed to legal or tax advisors of the contractual customer in question for
m
obtains a non-exclusive, non-transferable, perpetual, worldwide right to use the Products consulting purposes.
provided to the customer for its internal purposes or any additional purposes set out in the the cases of Sections c) and d), the parties shall (i) promptly inform each other about a
In
Order Form. A right to resell our Products requires our prior written approval. given request and prior to disclosing confidential information, and (ii) limit the disclosure of
4.3 n the event that the parties agree on a “Single User License” under the Order Form, this
I confidential information to the minimum required.
means that only one individually named user of an organization shall be entitled to access 9.2 e may use the Customer as a reference so long as no contractual details are divulged.
W
the report. In the event that the parties agree on a “Site License” under the Order Form, this 10. JURISDICTION, GOVERNING LAW, MISCELLANEOUS
means that all users within a given geographical location (as specified in the Order Form) 10.1 lace of payment is Hamburg, Germany.
P
of an organization shall be entitled to access the report. In the event that the parties agree 10.2 ll disputes arising from or in connection with any Contract between the parties shall be
A
on a “Global Site License”, this means that all worldwide users of an organization shall be resolved through the courts of Hamburg. Governing law is German law.

yStats.com GmbH Co. KG Telefon: +49 (0) 40 - 39 90 68 50 info@ystats.com www.twitter.com/ystats

Brochure & Order Form_Global Underwear Market Report 2012

Recommandé

Recommandé

Contenu connexe

Plus de yStats.com

Plus de yStats.com (20)

Dernier

Dernier (20)

Brochure & Order Form_Global Underwear Market Report 2012