Company Earnings Update | April 15, 2019 Register for Free Access Fast Retailing (TSE: 9983) 1H19 Results: Revenues Up, but Company Lowers Profit Outlook for Second HalfFast Retailing reported 1H19 revenues of ¥3 trillion ($11.4 billion), up 6.8%, and operating profit of ¥172.9 billion ($1.6 billion), up 1.4%. The company reported diluted EPS of ¥1,115.7 ($10.1), up 9.5% from the year-ago period. Read More
Insight Report | April 15, 2019 Premium March 2019 US Same-Store Sales: Costco and Buckle Comps Show Sequential Improvement; Cato Comparable Sales Continue to SlideCostco’s same-store sales growth showed a sequential strengthening, led by strong store traffic. Its e-commerce segment continued to post strong growth Read More
Deep Dive | April 15, 2019 Premium US Millennials and Grocery: An Aging Millennial Demographic is Creating an Older/Younger DivideYounger millennials shop at mass merchandisers, spend on wellness and fitness, and try to buy consciously. Millennials aged 30+ are more likely than their younger peers to look for savings, shop at traditional supermarkets and buy groceries online. Read More
Insight Report | April 12, 2019 Premium 30 Global Retail Cities: Hong KongHong Kong’s retail scene has traditionally been dominated by a few big companies selling similar products, but more recently, the city has seen more creative, innovative concepts emerge as innovation breaks through convention. Read More
Insight Report | April 12, 2019 Premium US Retail Inventory Tracker, 4Q18: Potential Tariff Hike and Poor Holiday Sales Lead to Higher InventoriesIn this first of our quarterly US Retail Inventory Tracker reports we analyze inventory trends among our Coresight 100 US retailers. Read More
Analyst Corner | April 12, 2019 Register for Free Access WEINSWIG’S WEEKLY APRIL 12, 2019This week’s note “From the Desk of Deborah Weinswig” looks at the promise of 5G smart phone technology for the retail industry. Read More
Store Tracker | April 12, 2019 Databank Members Weekly US and UK Store Openings and Closures Tracker 2019, Week 15: Fred’s to Shut 159 Stores; In the UK, Debenhams Enters AdministrationCoresight Research tracks store openings and closures for a select group of retailers in the US and the UK, as well as major US retail bankruptcies. Read More
Company Earnings Update | April 12, 2019 Register for Free Access LVMH (ENXTPA: MC) 1Q19 Update: Achieves Double-Digit Organic Sales Growth, Led by the Fashion and Leather Goods GroupRevenues 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. Read More
Flash Report | April 12, 2019 Register for Free Access Walmart to Acquire Technology and Assets of Silicon Valley Adtech Startup Polymorph LabsOn April 11, 2019, Walmart announced plans to acquire the assets and technology of Silicon Valley-based advertising-technology startup Polymorph Labs for an undisclosed amount. Read More
Insight Report | April 11, 2019 Premium Insights from China: Opening Up Further, Embracing AI and Accelerating 5G Commercialization — Key Points from the China Development ForumThis week, we look at the 20th China Development Forum which took place March 23-25, 2019, in Beijing. Read More
Company Earnings Update | April 11, 2019 Register for Free Access ASOS (LSE: ASC) 1H19 Results: Profits Slide due to Higher Warehousing and Technology CostsASOS 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. Read More
Company Earnings Update | April 11, 2019 Register for Free Access Tesco (LSE: TSCO) FY19 Results: Hits FY20 Margin Target in Second HalfTesco reported FY19 total sales of £63.9 billion, up 11.0% year over year on a constant-currency basis (increasing 11.2% as reported) and missing the consensus estimate of €64.5 billion recorded by StreetAccount. Read More
Deep Dive | April 11, 2019 Premium The Greater Bay Area, or “China’s Silicon Valley”: What is It, How Will It Develop and How Can Businesses Benefit?The Greater Bay Area could be China’s answer to Silicon Valley. On February 18, 2019, the Central Committee of the Communist Party of China and the State Council of the People’s Republic of China released a development plan for the Greater Bay Area. Read More
Event Presentation | April 10, 2019 Premium New Retail and New Supply Chain (Retail Analytics Council)This presentation discusses the new retail in the supply chain and things we can learn from China. Read More
Deep Dive | April 10, 2019 Premium Online to Offline Beauty: Brands That Are Winning by Understanding the Digital Consumer and Then Going PhysicalDigitally native beauty brands are opening stores and differentiating through customer experiences. Opening a physical store increases online traffic by 45%, according to the ICSC. Read More
