April 29, 2019 Event Coverage Register for Free Access CoCoon Pitch Night 2019: Hearing from Six Platform StartupsOur Big Day, BestShare and FindRecruiter were selected winners by the three-judge panel because they clearly addressed problems faced by their respective sectors and confidently presented ideas with feasible business models that could attract investment.
April 29, 2019 Insight Report Premium US Mother’s Day Preview: 2019 Spending is Expected to Reach Record High of $25 BillionAccording to an annual Mother’s Day spending survey from the National Retail Federation (NRF) and Prosper Insights & Analytics, about 84% of US consumers plan to celebrate Mother’s Day this year, broadly in line with last year’s 86%.
April 26, 2019 Insight Report Premium 30 Global Retail Cities: ParisParis is the birthplace of luxury and is still home to many of the world’s most iconic fashion houses — but Paris is about more than just traditional luxury. Innovation in Paris is around fashion itself and not necessarily the in-store experience.
April 26, 2019 Company Earnings Update Register for Free Access Casino Group (ENXTPA: CO) 1Q19 Update: Soft France, Strong Latam; Early Progress Toward 2021 TargetsIn 1Q19, Casino Group reported flat same-store sales in France, versus expectations of a 0.4% uplift. Casino reported 1Q19 group comparable sales growth of 3.0%, supported by growth in Latin America.
April 26, 2019 Analyst Corner Register for Free Access WEINSWIG’S WEEKLY APRIL 26 2019This week’s note “From the Desk of Deborah Weinswig” shows how booming online retail in China could make it easier for foreign brands to enter the market.
April 26, 2019 Store Tracker Databank Members Weekly US and UK Store Openings and Closures Tracker 2019, Week 17: Office Depot to Close 50 Stores; In the UK, British Land Sells 12 Sainsbury’s StoresIn the US, year-to-date announced closures have already exceeded the total we recorded for the full year 2018. So far this year, US retailers have announced 6,105 store closures and 2,659 store openings. Year to date, UK retailers have announced 322 store closures and 356 store openings.
April 26, 2019 Event Coverage Register for Free Access Lululemon Analyst Day 2019: Plans to Quadruple International Revenue and Double Men’s and Digital Business by 2023Lululemon’s investor day focused on innovative products, omni experience, and market expansion. It expects men’s and digital business will double by 2023 and international business will quadruple.
April 26, 2019 Flash Report Register for Free Access UK Competition Authority Blocks Sainsbury’s-Asda MergerOn April 25, 2019, the UK’s Competition and Markets Authority blocked the planned merger of Sainsbury’s and Walmart-owned Asda, which are, respectively, the UK’s second- and third-largest grocery retailers.
April 26, 2019 Company Earnings Update Register for Free Access Intel (NASDAQ: INTC) 1Q19 Results: Beats Consensus by Two Cents, Rapid Growth at Mobileye, Lowers Revenue Forecast for the YearIntel reported flat 1Q19 revenues and EPS that beat consensus by two cents. Revenue from Mobileye grew 38%, however the company reduced its revenue guidance for the year.
April 26, 2019 Company Earnings Update Register for Free Access Amazon.com (NASDQ: AMZN) 1Q19 Results: Blows Out EPS, Strength in AWS and Subscriptions, Light Q2 Profit GuidanceAmazon’s Q2 EPS blew past consensus estimates. Growth was driven by AWS and subscriptions. Q2 operating-profit guidance fell below consensus.
April 25, 2019 Insight Report Premium Insights from China: The Childhood Obesity Problem and Its Implications for the Fashion Industry in ChinaIncreasing number of children aged 7-18 years are overweight or obese in China. This represents an opportunity for children’s plus-size clothing in China
April 25, 2019 Company Earnings Update Register for Free Access Boohoo Group (LSE: BOO) FY19 Results: Top Line and EPS Beat Consensus; Strong FY20 OutlookBoohoo Group reported FY19 total sales of £856.9 million, up 47.0% at constant currency and 48.0% as reported, and beating the consensus estimate of £843.9 million recorded by StreetAccount.
April 25, 2019 Company Earnings Update Register for Free Access Avery Dennison (NYSE: AVY) 1Q19 Results: Mixed Quarter, Reiterates Guidance, Growth and Margins to Improve Throughout 2019Avery Dennison reported a mixed 1Q19 but reiterated 2019 EPS guidance and expects growth and margins to improve throughout 2019.
April 25, 2019 Company Earnings Update Register for Free Access Unibail-Rodamco-Westfield (AMS: URW) 1Q19 Update: Revenue and Traffic Increases in European Shopping CentersURW reported a 70.2% year over year revenue increase, driven by the acquisition of Westfield Corporation, in addition to higher traffic in Europe.
April 25, 2019 Company Earnings Update Register for Free Access SAP 1Q19 Results: Beats Consensus, Rapid Cloud Growth, Maintains/Raises 2019-2020 GuidanceSAP reported 1Q19 revenues of €6.12 billion, up 16.3% year over year and beating the €5.95 billion consensus estimate. Adjusted EPS was €0.90, up 24.4% and beating the €0.83 consensus estimate.