May 10, 2018 Flash Report Register for Free Access Walmart to Invest $16 Billion to Acquire a 77% Stake in India’s FlipkartOn May 9, Walmart announced the signing of a definitive agreement to invest $16 billion for a 77% stake in Flipkart, a leading online retailer in India. The company said it supports Flipkart’s ambition to become a publicly listed subsidiary in the future.
May 10, 2018 Event Coverage Register for Free Access Takeaways from the Berns Communications Group/Story VIP Breakfast: Author and Media Guru Joanna Coles Talks Digital vs. Real RelationshipsOn May 9, the Coresight Research team attended a breakfast event hosted by Berns Communications Group (BCG) at Story, a retail concept store in New York City. The event is part of BCG’s series honoring female leaders in the retail, fashion, media and technology industries. The event’s featured guest was Joanna Coles, Chief Content Officer of Hearst Magazines and author of Love Rules: How to Find a Real Relationship in a Digital World.
May 10, 2018 Insight Report Premium China Tech Briefings: Alibaba to Bring Its Tmall Genie Smart Speaker to Mercedes, Audis and Volvos in ChinaThis is our inaugural China Tech Briefings In this series, we will track news and developments related to China technology companies and share our viewpoints on how these will impact the retail sector and the overall economy.
May 9, 2018 Insight Report Premium Retail Real Estate M&As: A Sign of Renewed Investor Confidence in US Retail?In this report, we examine recent consolidation among retail real estate companies.
May 8, 2018 Company Earnings Update Register for Free Access Alibaba (BABA) 4Q18 Results: Strong Revenue Growth, Although Margin Was SqueezedAlibaba reported 4Q18 revenues of ¥61.9 billion, up 61% year over year. The company attributed the strong results to the robust revenue growth from its core commerce segment, as well as the Alibaba Cloud business.
May 7, 2018 Insight Report Premium Chico’s Brand Apparel and Accessories Will Be Sold on Amazon Later This MonthChico’s FAS announced that it will offer Chico’s brand apparel and accessories on Amazon.com beginning in mid-May 2018.
May 4, 2018 Company Earnings Update Register for Free Access Estée Lauder (EL) Fiscal 3Q18 Results: Beats Estimates and Raises GuidanceEstée Lauder reported fiscal 3Q18 adjusted EPS of $1.17, beating the consensus estimate by a dime and up 23.7% year over year. Revenues were $3.37 billion, up 18.0% year over year and beating the consensus estimate of $3.25 billion.
May 3, 2018 Event Presentation Premium 1Q2018 Recap (Planalytics)Today’s Topics • Q1 2018 Business Trends & Results • Q1 2018 Business Weather Insights • May Outlook
May 3, 2018 Flash Report Register for Free Access Macy’s Acquires STORY, the Store that Changes Concepts Every 6–8 WeeksMacy’s announced that it has acquired STORY, a New York City concept store that curates its product selections around a theme that changes every 4–8 weeks.
May 3, 2018 Company Earnings Update Register for Free Access Adidas (ETR: ADS) 1Q18 Result: Strong Profit Growth Beats Expectations Despite Currency Headwinds at the Top LineAt constant currency, Adidas grew 1Q18 revenues by 10%. Currency effects meant this translated to just a 1.9% increase in reported revenues.
May 2, 2018 Company Earnings Update Register for Free Access Under Armour (UAA) 1Q18 Results: Beats Revenue Estimates on Strong International Sales, Reaffirms FY18 GuidanceUnder Armour reported 1Q18 adjusted EPS of $0.00, ahead of the $(0.05) consensus estimate. Total revenues were $1.19 billion, beating the $1.12 billion consensus estimate and up 5.9% year over year.
April 26, 2018 Insight Report Premium Who Shops Where for Fashion – A Look at US Apparel Shopper DemographicsThis report looks at key demographic characteristics of shoppers at America’s biggest apparel retailers. The top takeaways from our analysis of survey data include the following:
April 26, 2018 Insight Report Premium Nordstrom Opens a Men’s Store in NYC, Offering Premium ServicesOn April 12, Nordstrom opened its first department store in New York City, a Men’s Store on West 57th Street in Manhattan.
April 26, 2018 Company Earnings Update Register for Free Access Boohoo Group (LSE: BOO) FY18 Results: Sales Nearly Double and Profits Jump on AcquisitionsBoohoo.com reported a 96.8% jump in revenues to £579.8 million in FY18, slightly above the consensus estimate of £574.9 million, as recorded by S&P Capital IQ, and above the guidance provided previously.
April 24, 2018 Insight Report Premium Three Shifts Driving US Grocery M&A ActivityFrom Amazon’s purchase of Whole Foods Market last year to Southeastern Grocers’ bankruptcy filing in March, we have seen a flurry of activity in the US grocery market in recent months. In this report, we discuss these corporate developments and note three trends driving mergers and acquisitions (M&As) in grocery. The sector is shifting:
