Farfetch’s 1Q19 revenues grew 38.6% to $174.1 million, beating the $171.1 million consensus estimate, primarily driven by 43.2% growth in Platform Services Revenue to $141.8 million.
Ralph Lauren reported fiscal 4Q19 adjusted EPS of $1.07, above the $0.89 consensus estimate.
Dufry (SIX: DUFN) 1Q19 Results: Higher Depreciation Costs Weigh on Operating Margin, Maintains FY19 Guidance
Dufry reported 1Q19 total sales of CHF 1.88 billion, up 3.4% year over year and above the consensus estimate of CHF 1.86 billion recorded by StreetAccount.
Coresight Research participated in an event jointly hosted by WPP Plc. and Alibaba Group on April 24 in New York City.
Coty (NYSE: COTY) 3Q19 Results: Revenues Miss Consensus Estimate, Supply Chain Issues Seemingly Resolved
Coty fiscal 3Q19 revenues were $1.99B, 10.4% YoY and lower than the consensus estimate of $2.06B. The supply chain issues it experienced in 1H19 regarding shipment disruption have abated.
Estée Lauder (NYSE: EL) 3Q19 Results: Asia Pacific Markets Grow Double Digits; Raises Sales and EPS Guidance for Full Year
Estée Lauder reported 3Q19 revenues of $3.7B, up 11.1% yoy and beating the $3.6B estimate. Skin care, the company’s largest category at 46.6% of sales, rose 21%.
Associated British Foods (LSE: ABF) 1H19 Results: Operating Profits Beat Consensus; Poor German Sales Weigh on Eurozone Comps
Associated British Foods (ABF) reported results for 1H19, ended March 2. This report focuses on results for Primark, the company’s retail business.
Male makeup is an emerging category. Male consumers globally are challenging the definitions of masculinity and femininity as men are increasingly wearing men’s makeup products.
Kering (ENXTPA: KER) 1Q19 Update: Solid Revenue Growth Led by Gucci, Saint Laurent, and Other Houses
Kering reported a 21.9% rise in 1Q19 revenue to €3.8 billion, or up 17.5% on a comparable basis. Management is being positive towards company’s EBIT margin in 2019.
Europe’s Legacy Retailers Squeezed by Muted Consumer Demand and Structural Shifts: Sector Overview — European Retail
This report covers European retailing, with a focus on the UK, Germany and France. Structural trends challenging middleground legacy retailers include an ongoing attrition of market share to online and discount channels.
L’Oréal (ENXTPA: OR) 1Q19 Update: Sales Growth Led by Luxe and Active Cosmetics Divisions, Plus New Markets
L’Oréal reported 1Q19 sales of €7.6 billion, an 11.4% increase on a reported basis, led by luxe and active cosmetics divisions, plus new market.
US Retail Inventory Tracker, 4Q18: Potential Tariff Hike and Poor Holiday Sales Lead to Higher Inventories
In this first of our quarterly US Retail Inventory Tracker reports we analyze inventory trends among our Coresight 100 US retailers.
LVMH (ENXTPA: MC) 1Q19 Update: Achieves Double-Digit Organic Sales Growth, Led by the Fashion and Leather Goods Group
Revenues at Fashion & Leather Goods Group rose 15% in constant currency, 20% on a reported basis, to €5.1 billion, setting the pace at LVMH. Louis Vuitton and Christian Dior had an exceptional 1Q19, outperforming the Fashion & Leather Goods Group brand portfolio.
ASOS reported 1H19 group sales of £1.31 billion, up 12.0% year over year on a constant-currency basis (up 13.5% as reported) and slightly ahead of the consensus estimate of £1.30 billion recorded by StreetAccount.
Online to Offline Beauty: Brands That Are Winning by Understanding the Digital Consumer and Then Going Physical
Digitally native beauty brands are opening stores and differentiating through customer experiences. Opening a physical store increases online traffic by 45%, according to the ICSC.
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