Analyst Corner | July 27, 2018 Register for Free Access Weinswig’s Weekly July 27, 2018This week’s note “From the Desk of Deborah Weinswig” discusses whether Amazon is a threat to off-price retailers. Read More
Store Tracker | July 27, 2018 Databank Members Weekly Store Openings and Closures Tracker 2018, Week 30: Homebase Continues to Shut StoresYear-to-date 2018, the number of US store closure announcements stands at 4,204 and the number of store openings is 2,239. Year to date in the UK, there have been 1,215 store closure announcements and 635 store opening announcements. Read More
Company Earnings Update | July 27, 2018 Register for Free Access Under Armour (UAA) 2Q18 Results: Beats on Revenue and Continues SKU RationalizationUnder Armour reported 2Q18 adjusted EPS of $(0.08), in line with the consensus estimate. Total revenues were $1.17 billion, beating the $1.15 billion consensus estimate and up 7.7% year over year. Read More
Event Coverage | July 27, 2018 Register for Free Access Tariffs and the Fashion Industry: Key Takeaways from the CFDA’s DiscussionOn Wednesday, July 25, the Coresight Research team attended a discussion hosted by the Council of Fashion Designers of America (CFDA) on the impact of new US tariffs on Chinese-produced goods. Lisa Metcalfe, COO of Pam and Gela, and her husband, James Metcalfe, Senior Vice President of Production and Product Development at Alice and Olivia, walked the audience through how new tariffs could affect the fashion industry. Here, we share our key takeaways from the discussion. Read More
Company Earnings Update | July 27, 2018 Register for Free Access L’Oreal (ENXTPA: OR) 1H18 Results: Confirming Resurgent Chinese Demand for Premium ProductsL’Oréal reported strong underlying growth of 6.6% in 1H18, though currency effects dampened reported numbers and, so, profit gains. Read More
Company Earnings Update | July 27, 2018 Register for Free Access Facebook (FB) 2Q18 Results: Misses Revenue Estimates and Warns of Slower GrowthFacebook reported 2Q18 diluted EPS of $1.74, beating the $1.72 consensus estimate by $0.02 and up 32% year over year. Revenues were $13.23 billion, up 42% year over year but missing the consensus estimate of $13.36 billion. Read More
Company Earnings Update | July 27, 2018 Register for Free Access Carrefour (ENXTPA: CA) 1H18 Results: Sales Disappoint, but Company Makes “Significant Advances” in Carrefour 2022 PlanCarrefour reported a 3.0% year-over-year decline in revenues in 1H18, disappointing analysts, who had been expecting a small increase in sales. However, adjusted operating income came in slightly ahead of the consensus estimate. Read More
Insight Report | July 26, 2018 Premium Quick Take: Three Shifts in the US Beauty Market—Opportunities and ImplicationsAhead of the Cosmoprof North America 2018 conference, which begins July 29, we assess three key developments in the US beauty market. Read More
Event Coverage | July 26, 2018 Register for Free Access HBC Reports Beauty Is a Success Beyond the First Floor and other Takeaways from The Retail Design Institute (RDI) PanelCoresight Research recently attended a panel discussion hosted by the Research Design Institute (RDI), “Changing the Blueprint: the Department Store in 2019,” in New York City. The panel was sponsored by 24 Seven, Benjamin Moore and Highland Associates. Roe Palermo, Divisional Vice President of In-store Presentation for Lord & Taylor and Saks Off 5th, moderated the panel discussion which covered themes such as department store design and renovation, investment, measuring store experiences and favorite projects. Here, we share our top takeaways from the event: Read More
Insight Report | July 26, 2018 Premium Coresight Research Countdown to 11.11 Series #1: Steep Discounts in Auto Parts Lifestyle Festival; Innisfree Unveils a New Retail StoreThis is the first in our series Countdown to 11.11. Also known as Double 11 or Singles’ Day, 11.11 is a now famous shopping festival started by Alibaba that takes place on November 11. This report series will cover the various shopping festivals and developments in New Retail that take place between now and November 11. Read More
Company Earnings Update | July 25, 2018 Register for Free Access LVMH (ENXTPA: MC) 1H18 Results: Asia’s Shoppers Drive Another Standout PerformanceLVMH reported a stellar first half, with double-digit revenue growth, strong gross-margin gains and controlled increases in expenses resulting in a 29% jump in operating profit. Read More
Event Coverage | July 25, 2018 Register for Free Access E-Commerce Opportunities in China: A Discussion with Alibaba and Coresight ResearchOn Tuesday, Coresight Research attended a Council of Fashion Designers of America (CFDA) event cohosted by Chinese e-commerce giant Alibaba. After a presentation by Alibaba France Managing Director Sébastien Badault, Coresight Research CEO and Founder Deborah Weinswig spoke with Badault and Andreas Schulmeyer, Founder and Principal, Faultline Solutions, about the unique nature of the Chinese market and consumer. The three also discussed opportunities and strategies for brands looking to enter the Chinese e-commerce market. Here, we share our takeaways from the event. Read More
Flash Report | July 25, 2018 Register for Free Access China Tech Briefings: Alibaba Invests in Chinese Outdoor Marketing Firm Focus MediaAlibaba Group has invested $2.2 billion in Focus Media, China’s largest outdoor marketing company. Read More
Insight Report | July 24, 2018 Premium Retail-Tech Alliances: Why Walmart Is Collaborating with Microsoft, and Carrefour with Google, on Retail DigitalizationTwo retail-tech collaborations have been recently announced, one between US retail giant Walmart and US technology giant Microsoft and another between leading French retailer Carrefour and US technology leader Google. In this report, we analyze: Read More
Insight Report | July 24, 2018 Premium Innovator Intelligence: Radius8—In-Store and Digital Experiences Powered by Local DemandThis report forms part of our Innovator Intelligence series, which focuses on emerging companies that are disrupting traditional retail and fueling innovation across the retail value chain. Radius8 has created a platform that empowers retailers to dynamically merchandise online by using data on their physical stores and local market intelligence to provide contextual discovery for shoppers, which ultimately drives both online conversion and store foot traffic. Read More
