March 29, 2019 Company Earnings Update Register for Free Access PVH (NYSE: PVH) 4Q18 Results: Tommy Hilfiger Exits 2018 With a 16% International Comp Rise and a Solid 2019 Order BookAt PVH, Tommy Hilfiger Exits 2018 on a 16% International Comp and a Solid 2019 Order Book and Calvin Klein returns to its iconic past.
March 29, 2019 Company Earnings Update Register for Free Access RH (NYSE: RH) 4Q18 Results: Beats on Comps and EPS but Misses on Revenues; Reduces 2019 Guidance to Below Consensus EstimatesRH reported 4Q18 results that beat on comps and EPS but missed on revenues. The company reduced 2019 revenue growth guidance due to weakness in its core business plus in the high-end housing market.
March 29, 2019 Analyst Corner Register for Free Access WEINSWIG’S WEEKLY MARCH 29, 2019This week’s note “From the Desk of Deborah Weinswig” discusses how strong demand for value fashion, e-commerce pure plays and sportswear brands is pressuring Europe’s middleground apparel retailers.
March 28, 2019 Insight Report Premium 30 Global Retail Cities: New York — Retail is a Platform for Storytelling and Immersive Experiences in America’s Shopping CapitalNew York City also has one of the largest retail sectors in the world: Annual retail sales in New York exceed $250 billion and retailers employ more than 941,000 people in over 77,000 establishments, according to the Retail Council of New York State.
March 28, 2019 Company Earnings Update Register for Free Access Lululemon (NASDAQ: LULU) 4Q18 Results: Revenues up 26%, Opening 40-50 Stores in 2019 – Half in International MarketsLululemon reported 4Q18 revenues of $1.17B, up 26% YoY and beating the consensus estimate of $1.15B. The company reported 4Q19 EPS of $1.65, up 87.5% from the year-ago period. The company plans to open 40-50 stores in 2019.
March 28, 2019 Company Earnings Update Register for Free Access Five Below (NASDAQ: FIVE) 4Q18 Results: Beats Consensus Estimates but Light 2019 GuidanceFive Below reported 4Q18 revenues, comps and EPS that beat consensus estimates. 2019 revenue and EPS guidance is below consensus, with EPS hurt by $0.10 from a rule change for lease accounting.
March 28, 2019 Insight Report Premium Insights from China: Alipay and WeChat Pay Go InternationalAlipay and WeChat Pay have gone international more quickly due to booming Chinese outbound tourism. They are accepted not only at retail locations but also used to pay transportation fares in support of local services.
March 27, 2019 Event Coverage Register for Free Access Shoptalk 2019 Startup Pitch Competition Recap: 15 Retail Technology DisruptorsThe Coresight Research was in Las Vegas attending and participating in the Shoptalk 2019 conference, March 3-6.
March 27, 2019 Flash Report Register for Free Access Ocado Inks Another International Deal, Signing Up Australia’s Coles Group to the Ocado Smart PlatformOcado Group has signed Australian grocery retailer Coles to its Ocado Smart Platform. The companies will construct two robotic fulfillment centers and Coles will deploy Ocado’s store-picking technology.
March 27, 2019 Company Earnings Update Register for Free Access Ollie’s Bargain Outlet (NASDAQ: OLLI) 4Q18 Results: Beats by a Penny but Misses on Revenues and Comps, Light 2019 GuidanceOllie’s 4Q18 results beat consensus by a penny but missed on revenues on comps. 2019 guidance calls for revenues up 16%–17% and EPS up 15%–18%, but both range fell below consensus estimates.
March 27, 2019 Flash Report Register for Free Access Boohoo Group Acquires MissPapBoohoo Group has acquired Internet-only women’s fashion brand MissPap. The acquisition adds to Boohoo Group’s collection of banners, which include Nasty Gal and PrettyLittleThing.
March 26, 2019 Insight Report Premium New Retail Briefing #6: Alipay Expands to the UK in Partnership with Barclaycard, Watsons Mobile App Features Virtual Makeup Try-On“New Retail” is a model for integrating online retail, offline retail and logistics across a single value chain powered by data and technology. In this biweekly series, we cover important developments in New Retail in China and beyond. Here’s what’s happening
March 26, 2019 Insight Report Premium 2019 Tax Tracker Week 7: Filings Still Down One Month Before Tax DayUS income tax refund tracker: Filings are still down year over year, and average refund amounts are down slightly with one month to go until tax day. Consumers plan save their refunds, pay down debt, and fund everyday expenses.
March 25, 2019 Company Earnings Update Register for Free Access Tiffany & Co. (NYSE: TIF) 4Q18 Results: Strong Dollar Hurts Tourist-Driven Holiday SalesTiffany reported adjusted EPS of $1.67 for 4Q18, beating the consensus estimate of $1.60. Total revenue for the quarter declined 1% to $1.32 billion, or up 1% at constant foreign exchange rates, and missing the consensus estimate of $1.33 billion.
March 25, 2019 Event Coverage Register for Free Access VM Global Leadership Summit: Decoding the Consumer, The New Science of Customer BehaviorCoresight Research attended the 13th Annual VM Global Leadership Summit on March 20 in New York City. CEO Deborah Weinswig delivered the keynote address Consumers at the Crossroads of Tech and Retail and moderated a panel discussion titled Tactics and Insights for Decoding Consumer Behavior.
