July 11, 2017 Flash Report Register for Free Access Alibaba Launches Taobao Global US Merchants NetworkAlibaba has launched its Taobao Global US Merchants Network, which connects Taobao Global merchants with small- and medium-sized enterprises (SMEs) in the US that would like to sell their products to Chinese consumers.
July 11, 2017 Insight Report Premium Amazon Prime Day 2017: A Private-Label Push in Fashion and Grocery, and Launching in India, TooThis year, Amazon is offering Prime Day to its Indian shoppers for the first time, and the company used the event to launch brands such as Gap on its site.
July 7, 2017 Company Earnings Update Register for Free Access Carrefour (ENXTPA: CA) 2Q17 Sales Update: Improving Sales MomentumCarrefour reported that sales including VAT increased by 6.1% year over year in 2Q17, to €21.8 billion, and that comparable group sales rose by 2.8% year over year.
July 7, 2017 Company Earnings Update Register for Free Access Primark (LSE: ABF) 9M17 Trading Update: Sequential Sales Improvement and Containment of Profit Margin ErosionAssociated British Foods reported 9M17 results for the 40 weeks ended June 24, 2017. This report focuses on the results for Primark, the company’s retail division.
July 6, 2017 Insight Report Premium US Consumer Survey— Amazon Yet to Become the Go-To Place for WomenswearThis infographic is about Amazon’s growth in womenswear. Amazon is gaining customers, but the majority of womenswear consumers are shopping omnichannel.
July 6, 2017 Company Earnings Update Register for Free Access Ocado (LSE: OCDO) 1H17 Results: Solid Sales Growth ContinuesBritish online grocery retailer Ocado Group announced a 12.5% year-over-year increase in revenues for 1H17, above consensus analyst estimates.
July 5, 2017 Company Earnings Update Register for Free Access Sainsbury’s (LSE: SBRY) 1Q18 Update: Sales Lifted by Warm SummerThe UK’s second-biggest grocery retailer, Sainsbury’s, posted 1Q18compsof 2.3%, excluding fuel and including Argos in the prior year base.
June 30, 2017 Company Earnings Update Register for Free Access H&M (STO: HM-B) 1H17 Results: Sales Growth Mainly Driven by New Store OpeningsSwedish fast-fashion retailer H&M reported SEK 98.4 billion in net sales in 1H17, slightly below the consensus estimate of SEK 98.8 billion and up 8.6% year over year. Constant-currency sales increased by 5.0% in 1H17 and UK sales increased by 6.0%.
June 30, 2017 Company Earnings Update Register for Free Access Walgreens Boots Alliance (WBA) Fiscal 3Q17 Results: Beats and Raises Guidance, Announces New Agreement with Rite AidWalgreens Boots Alliance reported fiscal 3Q17 adjusted EPS of $1.33, above the $1.30 consensus estimate. Revenues were $30.1 billion, up 2.1% year over year and above the $29.7 billion consensus estimate. Sales increased by 5.0% on a constant-currency basis in the quarter.
June 30, 2017 Company Earnings Update Register for Free Access Nike (NKE) Fiscal 4Q17 Results: Beats on Earnings, Boosted by Strong International SalesNike reported fiscal 4Q17 adjusted EPS of $0.60, ahead of the $0.50 consensus estimate and up 22.4% year over year, driven by SG&A expense leverage as well as by higher global revenue, a lower tax rate and a lower share count.
June 26, 2017 Event Coverage Register for Free Access Insights from Alibaba’s Gateway ’17 Summit: Consumer and Industry Trends in China—Fashion and Apparel PanelRoth Lai, Deputy Editorial Director, ELLE China
June 23, 2017 Event Coverage Register for Free Access Insights from Alibaba’s Gateway ’17 SummitLivestreaming is an effective tool for engaging with Chinese consumers.
June 22, 2017 Company Earnings Update Register for Free Access Zalando (XTRA: ZAL) 2017 Capital Markets Day and Warehouse Tour: Moving Beyond RetailingAt Zalando’s 2017 Capital Markets Day event, held in Berlin, Germany, management emphasized that the company is moving beyond its traditional model of retailing owned inventory. The company’s Partner Program allows brands and retailers to list and dispatch their own inventory.
June 22, 2017 Event Coverage Register for Free Access Alibaba Gateway ’17 Day 2 TakeawaysThe Fung Global Retail & Technology team is attending the Alibaba Gateway ’17 event in Detroit, Michigan. This inaugural conference, which attracted over 3,000 attendees, is the largest event Alibaba has hosted outside of China. Alibaba Gateway aims to help small- to medium-sized businesses in the US to better understand the China opportunity and enable them to sell into China via Alibaba’s various platforms.