July 13, 2016 Flash Report Register for Free Access Burberry (LSE: BRBY) 1Q17 Results: Weak Tourist Spending Pressures RevenuesBurberry reported fiscal 1Q17 retail revenue of £423 million, unchanged year over year at constant currency.
July 13, 2016 Flash Report Register for Free Access Groupe Casino (EPA: CO) 2Q16 Results: Groupe Casino Revenues Slide on Weak Foreign ExchangeGroupe Casino reported 2Q16 group revenue of €9.97 billion, a decline of 7.0% from 2Q15’s restated revenue.
July 12, 2016 Flash Report Register for Free Access Amazon Prime Day: A Mixed Response in 2016Fung Global Retail & Technology began covering the second annual Amazon Prime Day starting at its launch at midnight Pacific Time (PT) today.
July 11, 2016 Insight Report Premium Amazon (AMZN) Prime Day 2016 PreviewLeveraging the success of last year’s Prime Day, a celebration of the company’s 20th year in business, Amazon is celebrating its birthday again this year, promising to offer even bigger and better deals to its Prime members than last year, which saw higher unit sales than on the previous Black Friday.
July 8, 2016 Insight Report Premium WALMART PAY: WALMART’S MOBILE PAYMENT SOLUTION GAINS TRACTIONWalmart recently rolled out Walmart Pay nationwide in the US, bringing the retailer’s mobile payment solution to more than 4,600 retail stores.
July 6, 2016 Deep Dive Premium Gym Clothes Are Making Their Way Out of the Gym: A Primer on AthleisureAthleisure is the trend of wearing activewear, clothing designed for athletic workouts, both inside and outside the gym. Athleisure is affecting big brands and traditional apparel retailers in a significant way.
June 30, 2016 Company Earnings Update Register for Free Access Alibaba (BABA) Steps Up Global Expansion Strategy by Raising its Stake in LazadaAlibaba announced that it will pay almost $1 billion to increase its stake in leading Southeast Asia e-commerce platform Lazada to 83% from 51%.
June 29, 2016 Insight Report Premium Under Armour (UA) Turns on the Lights at New Lighthouse FacilityOn June 28, Under Armour opened the UA Lighthouse, a center for manufacturing and design leadership, in Baltimore, Maryland.
June 16, 2016 Company Earnings Update Register for Free Access Kroger 1Q16 Results: Beats on Earnings on Strong Margins; Reaffirms Full-Year GuidanceKroger reported 1Q16 EPS of $0.70 versus the consensus estimate of $0.69.
June 15, 2016 Event Presentation Premium Identifying Whitespaces in a Difficult Retail Environment (RetailExpoHK)•78% of millennials prefer to spend money on an experience rather than buying something desirable • 69% believe attending live experiences helps them connect better with their friends and community and people around the world
June 9, 2016 Event Presentation Premium Future of Retail: Is It Coming Apart at the Seams? (RMS)• Over the next 5 years US consumer spending is forecasted to grow by 22%; non-essential categories, including vacations and dining out, will see the fastest growth, about 27% (Mintel) • More than 3 in 4 millennials would choose to spend money on a desirable experience • Experiences are what people use to define themselves across social channels
June 1, 2016 Flash Report Register for Free Access Vera Bradley (VRA) 1Q17 Results: Beats on EPS, but Revenues Are LightVera Bradley reported fiscal 1Q17 EPS of $0.06 versus the consensus estimate of $0.05.
May 31, 2016 Event Presentation Premium Eco-Friendly Fashion Production and Distribution (EMERGE)• 80 billion pieces of clothing purchased worldwide each year • Up 400% from 2 decades ago • ¾ garments end up in landfills or are incinerated after short lifespan • 1/6 of people worldwide work in garment industry
May 31, 2016 Company Earnings Update Register for Free Access Under Armour Updates 2016 Outlook Based on Sports Authority LiquidationThe US Bankruptcy Court in Delaware recently approved the liquidation of Sports Authority. Since the business will not be restructured or sold, Under Armour will recognize an impairment charge of $23 million in 2Q16 related to the liquidation. In addition, Under Armour will be able to recognize only $43 million of the $163 million in revenues it originally expected from Sports Authority in 2016.
May 26, 2016 Flash Report Register for Free Access Deckers Brands (DECK) 4Q16 Results: Deckers Provides Muted Outlook; CEO Angel Martinez to RetireFor fiscal 4Q16, Deckers Brands reported adjusted EPS of $0.11 versus the consensus estimate of $0.05.