Insight ReportUS Holiday 2018: Fashion Trends Supporting a Recovery in Apparel Coresight Research October 15, 2018 Executive SummaryWe continue our US Holiday 2018 series with a review of key fashion trends supporting growth in the apparel market. These include: Amplified colors. The maximal trend: Gucci, Alice & Olivia, Zara. The minimalist trend: Celine, The Row, Massimo Dutti, COS. The blazer is back. Americana is in full fashion force. Fanny packs and crossbody fanny packs. Collaborations, limited editions, archive-inspired products. 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
Flash ReportSears Files for Chapter 11 Bankruptcy Protection Coresight Research October 15, 2018 Executive Summary Sears Holdings has filed for Chapter 11 bankruptcy protection. The company plans to close a further 142 stores by the end of the year. Edward Lampert has stepped down as CEO. 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
Store TrackerWeekly Store Openings and Closures Tracker 2018, Week 41: Mattress Firm Files for Bankruptcy Protection, Plans to Close 700 Stores Coresight Research October 12, 2018 Executive SummaryCoresight Research tracks store closures, openings and bankruptcies for a select group of retailers in the US and the UK. Our Weekly Store Tracker focuses on department stores and specialty retail stores, including, but not limited to, those selling softlines, hardlines, consumer electronics, groceries and furniture. Click here to view our full collection of Weekly US and UK Store Trackers. Highlights from this week’s Store Tracker: Year-to-date (YTD) 2018, the number of US store closure announcements stands at 4,799 and the number of store openings is 2,644. Mattress Firm has filed for bankruptcy protection with plans to close up to 700 stores. YTD in the UK, there have been 1,261 store closure announcements and 782 store opening announcements. TJ Hughes is opening three stores in Scotland. 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 12, 2018 Coresight Research October 12, 2018 Executive Summary This week’s note “From the Desk of Deborah Weinswig” discusses the shopping stretch in China that runs from Golden Week through 11/11 (Singles’ Day) and beyond. Target has been busy upgrading its supply chain, and this holiday season marks its biggest test yet. There’s a huge opportunity for the retailer as it competes with rivals like Walmart and Amazon this holiday. UK retail sales grew by 0.7% year over year in September, registering their weakest growth since last October and coming in below the three-month average of 1.2%. Comparable sales declined by 0.2% year over year during the month. JD Central, the joint venture between Chinese e-commerce behemoth JD.com and Thailand’s Central Group, has announced its intention to open automated stores, starting with a trial run in 2019 in Bangkok before a 2020 launch. 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 ReportCoresight Research Countdown to 11.11 Series, #12: Singles’ Day 2018 Sales Could Reach US$32 Billion Coresight Research October 11, 2018 Executive SummaryAlibaba’s 11.11 Global Shopping Festival, also known as Double 11 or Singles’ Day, takes place on November 11 every year and it has become the world’s biggest 24-hour online sale. This report series covers the various shopping festivals and developments in New Retail that are taking place in the lead up to this event. Double 11 is setting new gross merchandise volume (GMV) records every year. We estimate that Alibaba’s GMV for Double 11 2018 will reach approximately ¥220 billion (US$31.8 billion), up by around 31% from last year’s GMV of ¥168 billion (US$24.3 billion at latest exchange rates and US$25.3 billion at 2017 exchange rates). Five big logistics companies in China have raised their charges for parcel delivery services in anticipation of surging demand during National Day Holidays and the upcoming Double 11. Cainiao Network, Alibaba’s logistics affiliate, has taken initiatives to ensure efficient and environment-friendly services during the event. 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
Insight ReportAscent Conference 2018, Day 2: Bringing Together Technology Leaders, Investors and Startups to Accelerate Innovation Coresight Research October 10, 2018 Executive SummaryCoresight Research was one of the sponsors of this year’s Ascent Conference, held October 3–4 in New York City. This report features our takeaways from the second and final day of the event. Startups may fail to get VC funding because they are afraid to ask the hard questions. Today’s athletes have more than financial capital; they have social capital. Companies that hack processes experience “hockey puck” growth. Perksy, a next-gen consumer insights platform, won the Ascent startup pitch competition. 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
Insight ReportLVMH (ENXTPA: MC) 3Q18 Trading Update: Maintains Double-Digit Organic Growth, in Line with Expectations Coresight Research October 10, 2018 Executive Summary LVMH grew sales by 10% on an organic basis in 3Q18. This was in line with analysts’ expectations. Fashion and Leather Goods was the strongest-performing segment, with sales up 14%. Selective Retailing, which includes beauty retailer Sephora and travel retailer DFS, posted organic growth of 5%, compared with the consensus estimate of 8.1% and down from 9% in the prior quarter. 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
Insight ReportRetail-Tech Landscape Berlin Coresight Research October 9, 2018 Executive SummaryCoresight Research’s Innovator Landscape features notable retail tech companies in Berlin that are transforming key areas of the retail value chain. To view more of our Innovator Landscapes spotlighting innovative retail-tech start-ups that are disrupting the retail industry, click here. 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
Insight ReportAscent Conference 2018: Bringing Together Technology Leaders, Investors and Startups to Accelerate Innovation Coresight Research October 9, 2018 Executive SummaryCoresight Research was one of the sponsors of this year’s Ascent Conference, held October 3–4 in New York City. This report features our takeaways from the first day of the event. This technology conference brings together senior leaders and startup founders in the East Coast Tech community, and many big brands, including Oracle, Foursquare, Insight Ventures, Techstars and Lyfte, attended the event. The “second wave of fintech” will provide consumers with autonomous solutions to better optimize their finances. Venture capital (VC) executives noted that a transformation has taken place in the VC industry in the past 10 years, from new investment vehicles such as crowdfunding and initial coin offerings (ICOs) democratizing the investment process to significant increases in the sizes of seed-stage deals. Growth hacking—or non-traditional approaches to marketing—is becoming increasingly important and is helping businesses differentiate themselves from competitors, increase online visibility, traffic to their site and ultimately,convert the traffic. 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
Insight ReportNRF Forecasts 4.3%–4.8% Increase in US Holiday Sales Coresight Research October 8, 2018 Executive Summary The National Retail Federation (NRF) released its 2018 holiday forecast, which calls for a year-over-year sales increase of 4.3%–4.8%, taking total sales to $717.45–$720.89 billion, up from $687.90 billion last year. The 2018 forecast is below last year’s growth of 5.3% which was the largest increase since the 5.2% rise seen in 2010. This year’s forecast is above the five-year average of 3.9%. The forecast “reflects the overall strength of the industry,” including “a healthy economy and strong consumer confidence.”This year, there are 32 days between Thanksgiving and Christmas, providing one more shopping day compared to last year. The NRF forecasts that retailers will hire 585,000–650,000 seasonal workers this holiday period, up from 582,500 last year. 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
Insight ReportAvon Investor/Analyst Day 2018: Company Focuses on Increasing Consumer Access to Brand Avon by Going Digital Coresight Research October 8, 2018 Executive SummaryOn September 21, 2018, Avon Products, Inc. (AVP) hosted its Analyst/Investor Day. At the event, management focused on financial initiatives and cost savings of $400 million by 2021, and investments in commercial initiatives and digital and IT infrastructure. The company outlined a three-year plan to “open up” brand access. The plan focuses on enhancing Avon’s digital capabilities and online and offline selling. Avon is reassessing its value-pricing strategies to include fewer promotions and more product bundling and beauty regimens. Avon plans to grow its market in India and China.With over one billion Chinese consumers and 500 million Indian consumers that are aware of the brand, these markets hold enormous potential for the company. 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
Insight Report2Q18 US Earnings-Season Wrap-Up: Gauging Winners and Losers Coresight Research October 8, 2018 Executive SummaryThe US retail sector continued its growth momentum in the second quarter as some of the biggest players in the industry, including Walmart, Target and Home Depot, posted strong quarterly performances. In the mass merchandise and general merchandise retail sector, Walmart posted its strongest same-store sales growth in more than a decade, and its revenues, EPS and comps were all ahead of consensus estimates. The apparel and footwear retailers on our focus list of companies grew sales by 8.5% in the second quarter, beating the consensus estimate of 5.9%. The group’s EPS result stopped analysts’ 16.0% growth estimate, growing by 29.2% year over year. TJX Companies reported strong quarterly results, including year-over-year sales growth of 11.6%, which beat the consensus estimate of 7.7%, driven by comp growth of 6%. Four out of the five department stores on our focus list beat analysts’ expectations and posted healthy sales figures for the quarter. Amazon again posted strong quarterly numbers, aided by an increase in Prime memberships, growth in Echo device sales and increasing subscription revenues. 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
Store TrackerWeekly Store Openings and Closures Tracker 2018, Week 40: Aldi to Open 130 Stores in the UK Over the Next Two Years Coresight Research October 5, 2018 Executive SummaryCoresight Research tracks store closures, openings and bankruptcies for a select group of retailers in the US and the UK. Our Weekly Store Tracker focuses on department stores and specialty retail stores, including, but not limited to, those selling softlines, hardlines, consumer electronics, groceries and furniture. Click here to view our full collection of Weekly US and UK Store Trackers. Highlights from this week’s Store Tracker: Year-to-date (YTD) 2018, the number of US store closure announcements stands at 4,612 and the number of store openings is 2,639. Walmart has acquired women’s plus-size retailer Eloquii for an undisclosed sum. Kroger will test online order pickup at 13 Walgreens stores. YTD in the UK, there have been 1,261 store closure announcements and 766 store opening announcements. Aldi plans to open 130 stores over the next two years and 1,200 stores by 2025. 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 5, 2018 Coresight Research October 5, 2018 Executive Summary This week’s note “From the Desk of Deborah Weinswig” discusses the launch of British grocer Tesco’s new discount format, Jack’s, which aims to compete with Aldi and Lidl. As the 2018 holiday shopping season approaches, most Americans are feeling pretty good about their finances. The majority of consumers believe that the US economy has improved since last year, and 75% expect that trend will continue in 2019. Beijing-based YCloset, a garment-sharing platform that allows users to rent clothes and accessories for a monthly subscription fee, secured an undisclosed amount of funding from Alibaba to expand its data analysis functions and physical operations centers. In Brazil, Uber has launched Uber Cash, a digital wallet aimed at the unbanked that allows users to add credit to their wallet in advance by purchasing prepaid cards at high-street retailers nationwide. 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
Event CoverageLuxury Daily: State of Marketing 2018 – The Inside View Coresight Research October 5, 2018 Executive SummaryThe Coresight Research team attended the Luxury Daily’s Luxury Marketing Forum. Our key takeaways include: The new luxury consumer is an empowered and informed shopper demanding personal and social relevance from luxury brands. Retail and in-store experience has never been as important for engaging the new luxury consumer as it is today. Digital matters! Luxury brands need to redefine marketing by empowering consumers to tell personalized brand stories. 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
