Hardly any other industry has undergone more radical change through the ever increasing use of the Internet than the Retail & Consumer Goods sector. Ever more consumers are using the Internet to prepare for their purchase decisions and enjoy the limitless possibilities of online shopping. This trend alters distribution channels, market structures and business models. Faced with the existing competition among large retail chains and further increasing price pressure from online business, vendors are trying to defend their position by improving service quality and cost efficiency in brick-and-mortar retail. Nonetheless, the share of online purchases continues upward to considerable heights. This means: consumer goods companies must act quickly and flexibly to survive in the marketplace and prevail against the highly competitive pressure and rapidly changing market conditions.
Why Warth & Klein Grant Thornton?
We are as fast as we are capable. Our strength lies in identifying fast and customized solutions for enabling you to master digital challenges. Consumer preferences, expectations and behavior change rapidly, especially in the consumer goods sector. Our experts know the trends that shape the industry and point you toward a clear strategy for more growth. Furthermore, the internationalization of the consumer goods market makes us the ideal partner for you: thanks to our seamless integration within the international network of Grant Thornton, we are optimally positioned to offer you comprehensive services – even on cross-border issues – that conform to uniformly high global quality standards.
Our industry experts offer you:
- Financial statement auditing according to German and international norms
- VAT-related advisory for industry-specific special features or internationalization
- Intercompany transfer pricing
- Valuations and due diligence for company transactions
- Restructuring and reorganization
For more information, please contact WP/StB Mr. Wolfgang Klopsch, head of our Retail & Consumer Products industry group.