Company Earnings Update | February 23, 2017 Register for Free Access Ctrip.com (NASDAQ:CTRP) 4Q16 Results: Strong Beat on Top Line and OPM; Eyes on Overseas ExpansionCtrip reported 4Q16 revenue of ¥5.1 billion, up 76% year over year, beating consensus by 2%. Non-GAAP operating margin was 16%, better than guidance of 8%–10%. The increase in revenue is primarily due to the consolidation of the financial results of Qunarsince December 31, 2015. Read More
Company Earnings Update | February 22, 2017 Register for Free Access Home Depot (HD) 4Q16 Results: Earnings Beat, Solid 2017 GuidanceHome Depot reported 4Q16 EPS of $1.44, up 23.1% from the year-ago quarter and beating the consensus estimate of $1.33. The company reported revenue of $22.21 billion, up 5.8% from $20.98 billion in the year-ago quarter and above the $21.79 billion consensus estimate. Read More
Deep Dive | February 22, 2017 Premium DEEP DIVE: Fashion Re-Commerce EvolutionThe marketplace for online fashion resale continues to evolve rapidly. Following an initial wave of online fashion consignment startups, weaker players have gone out of business and stronger players have grown and attracted more investment funding to propel their further growth. Read More
Company Earnings Update | February 22, 2017 Register for Free Access Walmart (WMT) Fiscal 4Q17 Results: Solid Quarter and Comps, Strong E-CommerceWalmart reported fiscal 4Q17 adjusted EPS of $1.30, down from $1.43 in the year-ago quarter but above the $1.28 consensus estimate. Total revenues were $130.9 billion, up 1.0% year over year and slightly below the $131.1 billion consensus estimate. Read More
Company Earnings Update | February 22, 2017 Register for Free Access Macy’s (M) 4Q16 Results: Restructuring amid Disappointing ResultsMacy’s reported 4Q16 total revenues of $8.5 billion, down 4% year over year and missing the consensus estimate of $8.6 billion. EPS was $2.02, beating the consensus estimate of $1.95. Read More
Company Earnings Update | February 22, 2017 Register for Free Access Vipshop (VIPS) 4Q16 Results: Solid Performance Beats Estimates, on Jump in Active Customer Base and Expansion of Logistics ServiceVipshop reported 4Q16 revenue of ¥19.0 billion, up 36.5% year over year, beating consensus by 4%. This was primarily driven by the increase in the number of total active customers and total orders. Read More
Insight Report | February 22, 2017 Premium Infographic: Fashion Re-Commerce EvolutionThis infographic on fashion’s Recommerce evolution includes market revenues, key players, membership numbers and investor funding Read More
Insight Report | February 21, 2017 Premium Alibaba Solidifies Brick-and-Mortar Retail Push with Bailian Supermarket PartnershipOn February 20, Alibaba announced the formation of a strategic partnership with Chinese retailer Bailian Group to explore new forms of retail opportunities across the brick-and-mortar and e-commerce ecosystems. Read More
Analyst Corner | February 17, 2017 Register for Free Access Weekly Insights Feb 17, 2017This week’s note “From the Desk of Deborah Weinswig” discusses new trends in fashion retail as well as the needs and desires of the mass market Read More
Company Earnings Update | February 16, 2017 Register for Free Access H&M (STO: HM-B) Monthly Sales Update: Sequential Sales Improvement in JanuaryH&M reported total sales rose by 8% year over year in local currencies in January 2017. This compares to sales growth of 6% in December. January sales were negatively impacted by 2% due to a calendar impact. Read More
Event Presentation | February 16, 2017 Premium Global Retail Reinvented (Bloomberg)The Art of Decluttering • The typical American wardrobe has 120 items today vs 36 items in 1930. • 80% of them are unworn. • Marie Kondo’s “the Life Changing Magic of Tidying Up” brought minimalism to the mainstream. • Cladwell helps consumers create a minimalist wardrobe. Read More
Insight Report | February 15, 2017 Premium Rakuten (TYO:4755) 4Q16 Results: Revenue Beat, but Earnings MissRakuten reported 4Q16 EPS of (¥4.17), down from ¥1.25 in the year-ago quarter and missing the consensus estimate of ¥13.88. Revenues were ¥222.6 billion, up 11.9% year over year,beating the consensus estimate of ¥215.1 billion. Read More
Event Presentation | February 15, 2017 Premium Australian Apparel Market PrimerAustralian retailers are relatively positive about their prospects for 2017. In Deloitte’s most recent Retailers’ Christmas Survey, 64% of respondents are expecting their earnings to increase by 5% or more in 2017, with such levels of optimism at their highest since we started this survey five years ago. However, this optimism needs to be tempered somewhat with realities of the macro-economic outlook. The ‘wealth-factor’ arising from appreciating house prices that has buoyed parts of the market is starting to slow down, whilst we continue to see low wage growth. Against this background, the retail environment in Australia is likely to remain challenging, particularly with the continued influx and expansion of global retailers in Australia. Read More
Deep Dive | February 14, 2017 Premium Paris—The Third Largest European Startup HubThis is the third report in our series on European startup capitals. Paris is a leading startup hub globally and is the third-largest European center for startup development. The main factors that make Paris one of the top startup hubs include: Read More
Company Earnings Update | February 13, 2017 Register for Free Access Kering (ENXTPA: KER) FY16 Results: Strongest Revenue Increase in Last Five YearsFrench luxury group Kering reported FY16 revenue of €12.4 billion, up 6.9% year over year and above the analyst consensus estimate of €12.3 billion. At constant currency, revenues increased 8.1% year over year. Read More