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US Apparel and Beauty Spending Tracker: October 2021 Clothing and Footwear Spending Jumps by One-Fifth

The Coresight Research US Apparel and Beauty Spending Tracker provides a monthly update on the trajectory of consumer spending on beauty, clothing and footwear. In this report, we discuss data from October 2021, which show an ongoing recovery in consumer spending on apparel as consumers renew their wardrobes and resume social activities.

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Chanel S.A.

Chanel is a France-based retailer of apparel, accessories, cosmetics, jewelry, leather goods, perfumes and watches. Headquartered in Neuilly sur Seine, the company operates in Brazil, China, France, Germany, Hong Kong, Italy, Japan, Kuwait, Saudi Arabia, the UAE, the UK, the US and approximately 40 other countries.

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Aldi

Aldi is a Germany-based retailer of food and beverages, health and beauty, home and garden, electrical, and sports and outdoor products. The company operates as Aldi Süd in 10 countries worldwide and as Aldi Nord as 11 countries in Europe and the US.

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ASOS (AIM: ASC)

ASOS is a UK-based retailer of accessories, apparel, cosmetics, footwear and skin care. Headquartered in London, the company operates online and ships to over 200 countries.

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Earnings Insights 3Q21, Week 4: Target, Walmart, Ross Stores and TJX Maintain Growth Momentum; Alibaba Revises Guidance Down

Our weekly Earnings Insights reports feature highlights from recent management commentary at major US retailers as they report third-quarter 2021 earnings. This week, there are highlights from companies that reported in the week ended November 19, 2021, including beauty retailer Bed Bath & Beyond, department stores Macy’s and Kohl’s, and e-commerce players Alibaba and JD.com.

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