Insight ReportKey Festivals and Holidays for Promotional Campaigns in India in 2020: Calendar Coresight Research October 24, 2019 Executive SummaryIndia sees a number of festivals and holidays that retailers and brands can tap with marketing and promotional campaigns. Use our 2020 calendar to plan your marketing and sales strategies for the India market. Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for
Company Earnings UpdateKimberly-Clark (NYSE: KMB) 3Q19 Results: In-Line Sales, Beats on EPS, Raises Fiscal 2019 EPS Guidance Coresight Research October 24, 2019 Executive Summary Kimberly-Clark reported net sales of $4.64 billion for the third quarter of 2019, an increase of 1.3% compared to the same period last year and roughly in line with the consensus estimates of $4.65 billion. Organic sales were up 4% versus last year. The personal care segment recorded the highest net sales of $2.3 billion, followed by the consumer tissue segment at $1.5 billion and the K-C Professional segment at $839 million. The personal care segment recorded the highest organic sales growth at 5%. Kimberly-Clark raised its fiscal 2019 adjusted earnings per share guidance to $6.75-6.90, compared to the prior guidance of $6.65-6.80. Please Login to read the full report. Not a member? To access this content for free, register for a free account. This document was generated for
Company Earnings UpdateProcter & Gamble (NYSE: PG) 1Q20 Results: Innovation and Increased Pricing Drive Growth Coresight Research October 24, 2019 Executive Summary Proctor & Gamble (P&G) reported net sales of $17.8 billion for the first quarter of fiscal 2020, an increase of 6.6% compared to the same period last year. Organic sales were up 7% versus last year. The beauty segment recorded the highest organic sales growth of 10% year over year, followed by the health care segment with 9% year-on-year organic sales growth. Net sales in the two segments were $3.6 billion and $2.2 billion, respectively, in the first quarter of fiscal 2020. For fiscal year 2020, P&G changed its target for both organic sales growth and net sales growth to the range of 3-5%. Please Login to read the full report. Not a member? To access this content for free, register for a free account. This document was generated for
Insight ReportHow Target Leveraged its Direct Sourcing Strategy as a Competitive Differentiator Coresight Research October 24, 2019 Executive SummaryIn this report, we look at the key elements of Target’s direct sourcing strategy that have helped the company successfully build its collection of private labels. In the year ended January 2019, owned and exclusive brands accounted for around one-third of Target’s total sales. Part of Target’s success in private label has been building direct sourcing networks – especially from suppliers in China. Target has also focused for many years on sustainability initiatives that include operations, its stores and of course, supply chain – providing Target with the opportunity for greater customer loyalty as consumers expect retailers to be socially responsible (in an ESG, Environmental, Social and Governance framework). Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for
Flash ReportMicrosoft Acquires Cloud File-Migration Company Mover Coresight Research October 23, 2019 Executive SummaryOn October 21, 2019, Microsoft announced in a blog post the acquisition of cloud file-migration company Mover, for an undisclosed figure. Mover is a leading provider of cloud file migration, including admin-led and self-service offerings. Mover aims to streamline the process of transferring user’s data to the cloud. Users can use Mover to change cloud-storage providers, back up website or files. The company is headquartered in Edmonton, Canada, has fewer than 11 employees and has raised less than $1 million in funding, according to Crunchbase. Owler estimates its annual revenue at $5.2 million. The Mover acquisition marks Microsoft’s ninth acquisition this year, according to data from S&P Capital IQ. Microsoft is making acquisitions in a several diverse areas, including data migration, business intelligence, coding, games and security. Please Login to read the full report. Not a member? To access this content for free, register for a free account. This document was generated for
Deep DiveRetailTech: ERP Software—the Nervous System of Modern Enterprises Coresight Research October 23, 2019 Executive SummaryFrom its origins in manufacturing, enterprise resource planning (ERP) software has evolved to become critical to almost every aspect of running a business – and offers key functions for retail. ERP software is the central nervous system of an enterprise, interconnecting supply chain, commerce, inventory, warehousing, fulfillment, analytics and finance. Initially focused on manufacturing, ERP has added additional functions to address nearly every aspect of business, including human resource management and customer-relationship management (CRM). Sector leaders are global enterprise companies such as Microsoft, Oracle and SAP, though there are several niche ERP software providers. Salesforce is the leading provider of CRM software. The US ERP market is estimated at $16.4 billion in 2019 and is projected to grow at a CAGR of 4.2% during 2016-2021, according to Statista. The US CRM market is slightly larger and growing faster. ERP is an essential tool for retailers to become more efficient, flexible and innovative to combat the steady encroachment of e-commerce and a volatile consumer landscape characterized by a dramatic increase in the number of available distribution channels and rapidly changing consumer preferences. The ERP sector is experiencing renewed activity, as ERP software providers and enterprises move IT functions to the cloud, which offers lower cost, the ability to innovate, to develop new functions and launch new offerings rapidly. Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for
Flash ReportUnder Armour Appoints New CEO Coresight Research October 23, 2019 Executive SummaryOn October 22, 2019, Under Armour announced Patrik Frisk will become the company’s next Chief Executive Officer (CEO), effective January 1, 2020. Kevin Plank, founder and current CEO of Under Armour, will become Executive Chairman and Brand Chief, focusing on the brand story. Patrik Frisk will report to Kevin Plank and join Under Armour’s board of directors. Please Login to read the full report. Not a member? To access this content for free, register for a free account. This document was generated for
Flash ReportNordstrom Sets the Stage for Its First Women’s Store in NYC This Week Coresight Research October 23, 2019 Executive SummaryOn October 22, 2019, Nordstrom held a special call regarding the launch of a women’s store in New York City, slated to open October 24. The new Nordstrom store will include three core services: online pickup and returns, alterations and styling. Nordstrom expects synergies with the men’s Nordstrom store located across the street: Some 48% of all business in the men’s department is done with a woman purchasing for a man. And, Nordstrom has found that when customers engage in services and across multiple touchpoints, total spend goes up. Please Login to read the full report. Not a member? To access this content for free, register for a free account. This document was generated for
Company Earnings UpdateGildan Activewear (NYSE: GIL) Issues Profit Warning, Lowering FY19 Guidance on Weak Imprintables Demand Coresight Research October 23, 2019 Executive SummaryOn October 17, 2019, Gildan Activewear issued a profit warning for 3Q19 results and revised its 2019 full-year guidance. Gildan now expects revenue for 3Q19 to be approximately $740 million, down 2% from the year-ago quarter. The company offered revised guidance for 3Q19 GAAP EPS of $0.51 and adjusted EPS of $0.53, both down 7% from 3Q18. Gildan assumes the current demand for imprintable apparel in North America and ongoing softness in international markets will persist through 4Q19. Please Login to read the full report. Not a member? To access this content for free, register for a free account. This document was generated for
Company Earnings UpdateCarrefour (ENXTPA: CA) 3Q19 Update: Latin America Strength Offsets Weakness in France Coresight Research October 23, 2019 Executive Summary Carrefour’s core French market proved weak in 3Q19, as comparable sales fell 0.9%, below the consensus estimate and weaker than the prior quarter. Hypermarkets were weak, with comps down 3.6%. Latin America drove growth, with a 12.8% uplift in comparable sales, outpacing analyst expectations of 11.8%. Management pointed to further progress toward targets under the Carrefour 2022 plan. In France, the company reduced promotions as it shifted to an everyday-low-price (EDLP) positioning. Please Login to read the full report. Not a member? To access this content for free, register for a free account. This document was generated for
Market Navigators/Market OutlookGlobal Jeans Market: Sustainable Offerings and Technological Innovation Drive Resurgence Coresight Research October 23, 2019 Executive SummaryIn this report, we analyze the global jeans market, which is experiencing a resurgence. The jeans market is reinvigorating after years of slowdown due to a number of factors, including streetwear and vintage style trends, the rise of casual dress codes in the workplace and the availability of inclusive fits and new fabrics. Consumers are becoming more conscious about sustainability—especially millennials and Gen Zers—pushing denim brands to implement eco-friendly practices in the jeans production process. Brands are utilizing technological innovation in order to remain competitive in the jeans market. The athleisure trend is influencing jeans companies to create more performance products using synthetic fibers. Led by Levi Strauss, denim brands are continuing to collaborate with other brands and celebrities to drive consumer interest and sales. Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for
Flash Report374-Year-Old Department Store Retailer HBC Announces It Is Going Private Coresight Research October 22, 2019 Reasons to ReadHudson Bay’s bid to take the company private represents a bold move to preserve the centuries-old retailer. Going private will let management operate more independently and try edgier and riskier collaborations, enter into more partnerships and new ventures across its three remaining banners. We may see innovative concepts such as CBD shops and cafes, designer studios, hosted apparel or sneaker drops, events such as retail panel discussions, fashion shows and book signings or even industry podcasts. Please Login to read the full report. Not a member? To access this content for free, register for a free account. This document was generated for
Insight ReportBarneys New York on the Block Coresight Research October 22, 2019 Executive SummaryBarneys New York is on the block. The quintessential arbiter of cutting-edge fashion and design, notorious for its exposure on Sex in the City and for its iconic women’s shoe department, filed for Chapter 11 protection in August. As of October 21, two groups were bidding for the property: Authentic Brands Group filed its $271 million bid on October 20. Sam Ben-Avraham, cofounder of streetwear brand Kith, is putting together a consortium of fashion industry investors for a competing bid. Bankruptcy judge Cecelia G. Morris is expected to issue a ruling on the bids on October 24. Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for
Company Earnings UpdateUnilever (LSE: ULVR) 3Q19 Update: Sales Beat Estimates; FY19 Sales Guidance Unchanged Coresight Research October 22, 2019 Executive Summary Unilever reported 3Q19 revenue of €13.3 billion, slightly above the consensus of €13.2 billion and up 2.9% year over year. All three segments — beauty and personal care, home care and food and refreshment — showed positive growth. The company continues to expect FY19 sales growth to be at the lower end of the 3-5% growth range. Please Login to read the full report. Not a member? To access this content for free, register for a free account. This document was generated for
Insight ReportNew Retail Briefing: Net-a-Porter Opens a Flagship Store on Tmall Luxury Pavilion Coresight Research October 22, 2019 Executive Summary“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: Swiss luxury group Richemont’s e-commerce subsidiary Yoox Net-a-Porter has opened a flagship store on Tmall Luxury Pavilion to provide Chinese consumers with curated selections of more than 130 luxury and designer brands. Australia’s largest pharmacy retailer, Chemist Warehouse, has announced the renewal of its strategic partnership with Tmall Global for another two years. Alibaba has teamed up with Internet company Mail.ru to promote digital payment services in Russia. Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for
