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. 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. 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
Deep DiveHow Loyalty Programs Help Retailers To Retain Customers and Drive Growth Coresight Research October 22, 2019 Executive SummaryWell-designed loyalty programs offer retailers the opportunity to gain a larger share of wallet and increase customer retention. In this report, we examine best practices for implementing loyalty programs and how retailers can leverage consumer data to drive growth, as well as emerging trends in this field. Having a well-designed loyalty program can help retailers to gain a greater share of wallet and increase customer retention. There are two types of loyalty program in the retail sector: proprietary and coalition. Companies should consider their strategic goals and consumer preferences to determine which type to adopt. It is important for retailers to identify customer pain points and apply best practices in the process of loyalty program discovery, registration and rewards redemption. Experiential rewards could translate into a deeper relationship with customers, resulting in higher consumer engagement and satisfaction. More retailers are integrating loyalty programs with a mobile app in order to increase convenience for shoppers and thus boost engagement. Paid membership into loyalty programs has become more accepted among consumers as a way to access elevated experiences and added value, increasing revenue potential for retailers. 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 UpdateSAP (XTRA: SAP) 3Q19 Results: Beats Consensus with Strong Cloud Growth, Announced CEO Transition Coresight Research October 22, 2019 Executive Summary SAP reported adjusted 3Q19 revenues of €6.81 billion, up 12.9% year over year. Adjusted EPS was €1.30, up 14.3% and beating the €1.19 consensus estimate. Cloud drove growth in the quarter, with adjusted revenues growing 37%. SAP reiterated guidance for 2019 and 2020, and its 2023 goal (called “ambition”). This document was generated for
Which Are the Largest Unstaffed Retail Store Operators in China? Coresight Research October 21, 2019 QUESTION OF THE WEEK: Which Are the Largest Unstaffed Retail Store Operators in China? Automated convenience store startups Bianlifeng and BingoBox are currently the largest operators of unstaffed retail stores in China, operating 700 and 500 cashier-free stores, respectively. This document was generated for
Insight ReportHoliday 2019: US Retail Hiring Set To Be Flat Coresight Research October 21, 2019 Executive SummaryPart of our Holiday 2019 series, this report outlines key developments related to holiday hiring in US retail. Early signs are that major US retailers will hire similar or fewer numbers of seasonal employees than last year. Retail job creation in the US has slowed this year, with 903,000 job openings in July (latest reported), about 156,000 fewer than last year. Retailers are offering higher wages, along with additional perks, to attract seasonal staff. Some retailers started hiring early. Allied sectors such as transportation and warehousing are seeing an increase in hiring activity as retailers seek support to keep up with the growing online shopping trend. Click here to read Coresight’s coverage on US holiday retail and gain key retail insights for 2019 and prior years. 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
Event CoverageGlobal Tech Advocates Summit: Technology and Innovation To Drive Global Growth Coresight Research October 21, 2019 Executive SummaryOn October 15, 2019, the Coresight Research team was at the Global Tech Advocates Summit in Shanghai. Set to be an annual occurrence, the summit aims to promote and encourage collaboration in the tech industry. The inaugural event focused on the proliferation of automation technologies, as well as the importance of innovation and collaboration: The adoption of artificial intelligence (AI) and machine learning capabilities are causing job losses as business activities are automated. However, panelists suggested that future workforces can adapt to this changing landscape through emerging opportunities in new roles with different skill requirements. Alibaba, Baidu and Tencent are leveraging AI technology to transform traditional industries. Beijing supports technology development, particularly in certain industries, so there are opportunities for British and other foreign tech companies to penetrate the market. However, success hinges on understanding China’s culture and working with local partners. Technology and innovation have the potential to drive growth for companies globally, but collaboration will be key—even for large companies. This document was generated for
Insight Report30 Global Retail Cities: Moscow Coresight Research October 18, 2019 Executive SummaryWith this series, 30 Global Retail Cities, we profile the world’s major shopping cities – from fashion capitals such as Milan to shopping hubs such as Honolulu. We curated the top retail stores in each city, along with must-see shopping districts, major retail events and innovative store formats. Click here to view the full 30 Global Retail Cities series. Highlights: Moscow is considered a tourist destination with sites such as The Moscow Kremlin, Red Square, St. Basil’s Cathedral and Bolshoi Theatre. The city is an attractive market for retailers due to its large population. Known as one of the best shopping streets in Moscow, Arbat Street features high-end souvenir shops to elegant stores. It is the oldest and most popular street in the city for well-priced goods. Tsvetnoy Central Market is a luxury, six-floor department store. It includes restaurants, food markets, designer brands, fast-fashion brands and beauty and technology products. 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
Event CoverageInsights from a Research-Sharing Session at China Retail 2019 Coresight Research October 18, 2019 Executive SummaryOn October 16, 2019, the Coresight Research team attended a research-sharing session at the China Retail 2019 event in Shanghai. Over 300 executives from the retail industry in China participated in the session, which focused on the latest national trends and consumer shopping behaviors: The development of night-time commerce is becoming a driving force for economic growth in China, with many cities having unveiled plans to stimulate night-time consumption. There are significant differences in the shopping behaviors between varying consumer age groups, with those born “post 90s” changing the retail landscape. Retailers should try to understand the needs and preferences of “community consumers” and leverage their influential power to reach out to a wider customer base. China’s retail market is on the cusp of a transformation, from a focus on building omnichannel to leveraging technology to improve efficiency. This document was generated for
Company Earnings UpdateCasino Group (ENXTPA: CO) 3Q19 Update: Progress Toward Targets but France Proves Flat Coresight Research October 18, 2019 Executive Summary Latin America propelled Casino Group’s third-quarter sales, as French same-store sales proved broadly flat. The company reported progress toward its 2021 targets in e-commerce and sales of organic products. Store disposals continued, with 17 hypermarkets in France sold year to date. This document was generated for
Insight ReportSeptember 2019 UK Retail Sales: Small Retailers Again Drive Solid Total Growth Coresight Research October 18, 2019 Executive Summary UK retail sales growth proved solid in September: The year-over-year increase of 3.6% was broadly in line with the 3.8% average in the prior 12 months and was up from 2.8% in August. Small retailers drove total growth, with a reported 7.6% increase in September. Larger retailers, which form the bulk of UK retailing, saw growth of 2.4% in September versus 4% in August. Online sales growth softened to single digits, with weak online growth at nonfood retailers. Nonstore retailers drove the increase in total e-commerce 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
Analyst CornerWeinswig’s Weekly — October 18, 2019 Coresight Research October 18, 2019 Executive Summary This week’s note “From the Desk of Deborah Weinswig” looks at how three electronics retailers have thrived in the online shopping age. In the news this week: US luxury department store Saks Fifth Avenue has teamed up with licensing firm Authentic Brands Group (ABG) to acquire Barneys out of bankruptcy for $270 million. Portuguese food retailer Jerónimo Martins has opened its first checkout-free Pingo Doce & Go Lab Store. Indian e-commerce company Flipkart is entering the food retail business with the launch of a new venture called Flipkart FarmerMart. The company will invest $258 million in the new business. This document was generated for
