Deep DiveDeep Dive: Wellness as a Luxury: Part 1— Living Well Swarooprani Muralidhar, Director of Research July 12, 2017 Reasons to ReadOur Wellness as a Luxury series looks at wellness as the new status symbol: “wellthness” is fast replacing other signifiers of affluence as a luxury to be enjoyed and flaunted. In this report, we look closely at three aspects of wellthness related to living well: Fitness classes: Young consumers in particular are seeking aspirational, social experiences in their fitness regimes. This is prompting a premiumization of workouts and classes at fitness centers, growth of collegiate workout clubs (many of which take the form of park-based boot camps), and the development of the fitness events industry. Wearables: Consumers in the 20–29 and 30–39 age groups are the most likely to use wearable technology to track their fitness. Athleisure: More and more young consumers are flaunting their focus on well-being in all parts of their everyday lives. They may not be on the way to the gym, but their yoga pants or sports top signals others that fitness is a core part of their lives. Read the second report in our Wellness as a Luxury series here and find the third report 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
Company Earnings UpdateMarks & Spencer (LSE: MKS) 1Q18 Update: Retailer Slows Rate of Decline in Clothing Coresight Research July 12, 2017 Executive Summary Marks & Spencer (M&S) reported UK Clothing and Home comparable sales fell 1.2% in 1Q18. This compared to a 5.9% slump in 4Q17. The company posted a 0.1% fall in UK Food comps in 1Q18, versus a 2.1% fall in the previous quarter. Total group sales were up 2.7% in 1Q18, helped by openings of new UK Food stores and the beneficial impact of exchange rates on international sales. 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 ReportAlibaba Launches Taobao Global US Merchants Network Coresight Research July 11, 2017 Executive Summary Alibaba has launched its Taobao Global US Merchants Network, which connects Taobao Global merchants with small- and medium-sized enterprises (SMEs) in the US that would like to sell their products to Chinese consumers. The network currently has over 300 US-based Taobao Global merchant members for US SMEs to work with. The success of the network, at this stage, hinges greatly on the ability of these merchants to market and sell their products in China. Therefore, the e-commerce giant will also provide regular training seminars on topics such as storefront operations and logistics to help merchants identify industry trends and improve the shopping experience on Taobao Global for both US businesses and Chinese consumers. 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 ReportAmazon Prime Day 2017: A Private-Label Push in Fashion and Grocery, and Launching in India, Too Coresight Research July 11, 2017 Executive Summary Hardline categories, and especially electronics, remain core to Amazon’s Prime Day offerings. As in previous years, Kindle and Kindle Fire devices are among the most prominently featured products. This year, Amazon’s Echo devices have been slashed in price, too. A focus on private-label ranges is also evident in the deals on offer in fashion and grocery. This year, Amazon is offering Prime Day to its Indian shoppers for the first time, and the company used the event to launch brands such as Gap on its site. Coresight has been covering Amazon Prime Day since it was launched in 2015 and additional reports can be accessed 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
Deep DiveDeep Dive: Artificial Intelligence in Retail—Offering Data-Driven Personalization and Customer Service Coresight Research July 11, 2017 Executive SummaryArtificial Intelligence (AI), a technology that enables computers to make autonomous decisions, is a step forward in automation that is changing the retail industry. This report provides an overview of the impact of AI on retail and includes a Q&A with Professor Michael Feindt from AI firm Blue Yonder. In particular, the report shows: How AI is changing the way retailers operate by providing technology to analyze consumer data, to adapt the approach through which companies interact with shoppers and to predict consumer demand for better inventory management. How important industry players are working together with tech companies to develop AI-powered technology for personalization, customer service and inventory management. How AI will shape the future of retail and what the main reasons are for retailers to invest in the technology if they want to remain competitive. Click here to view more reports on AI in retail. 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 DiveDeep Dive: Retail X Factor— Supply Chain Coresight Research July 10, 2017 Executive Summary This is the third report in our X Factor series on the major factors impacting the US retail industry. We believe supply-chain efficiency will be a key factor that will make or break a retailer going forward. Cost-cutting and enhancing operational efficiency are key areas that major US retailers have been emphasizing on their earnings calls these past few quarters, as the industry faces the changing preferences of consumers who are increasingly embracing online shopping. We have identified three key initiatives that are transforming supply-chain operations: optimization, speed and innovation. Digitalization will inevitably transform the way retailers operate brick-and-mortar stores, ultimately involving every stakeholder along the retail value chain. 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 DiveMarket Trends in US and European Footwear Coresight Research July 7, 2017 Executive Summary In the US and in European countries, athleisure and health and wellness trends buoyed footwear sales growth in 2016. Nike, Adidas, Puma and JD Sports Fashion all posted double-digit percentage sales growth rates in their latest respective fiscal year results. Trends in the footwear market closely mirror those of the apparel fashion market in that specialty footwear retailers in the US and the UK that offer sports-inspired footwear styles are thriving. We expect global footwear sales will be driven by the continuation of athleisure and healthy lifestyle trends, the rise of e-commerce, product innovation and the evolving opportunities provided by 3D printing and customization, as well as Amazon’s continued penetration of the apparel and footwear categories. 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 ReportQVC Acquires Remaining 62% Stake in HSN Coresight Research July 7, 2017 Executive Summary QVC parent Liberty Interactive Corp. announced the signing of a definitive agreement to acquire the Home Shopping Network (HSN). The deal will see Liberty Interactive, which already owns 38% of HSN, acquire the remaining 62% stake in an all-stock transaction worth $2.1 billion. The transaction is expected to close in the fourth quarter of 2017, subject to the approval of both the regulators and HSN shareholders. The acquisition should be seen as a move to mount resistance against Amazon. Whether the combined company can gain a foothold under the threat of Amazon hinges greatly on its ability to create a quality shopping experience. Online video and content generation will also be a key area that the combined company will likely focus on. 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 UpdateCarrefour (ENXTPA: CA) 2Q17 Sales Update: Improving Sales Momentum Coresight Research July 7, 2017 Executive Summary Carrefour reported that sales including VAT increased by 6.1% year over year in 2Q17, to €21.8 billion, and that comparable group sales rose by 2.8% year over year. French comps came in at 1.9% year over year, driven by strength in supermarket and convenience store formats. Hypermarkets returned to positive comp growth in the quarter. International comps were up 3.4% in 2Q17, driven by strength in both other European countries and Rest of the World businesses. 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 DiveDeep Dive: The US Retail Revolution Solution Coresight Research July 7, 2017 Executive Summary The US retail industry is experiencing a period of revolution rather than evolution. Three things characterize the current transformation: traditional retailers such as department stores and specialty retailers are undergoing huge disruption, emerging players in different segments are intensifying competition and higher e-commerce penetration is challenging brick-and-mortar retailers. The rate of change seems to be accelerating. Retailers have already announced a total of 5,321 store closures so far this year, up 218% year over year, and 11 retailers have filed for bankruptcy year to date. Amid this accelerated disruption, we have identified a number of potential solutions US retailers can implement to address the fundamental challenges they face. These include further store closures to optimize store bases, transforming the store experience beyond the transactional and implementing innovative, all-channel initiatives to compete with the convenience offered by e-commerce. 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 UpdatePrimark (LSE: ABF) 9M17 Trading Update: Sequential Sales Improvement and Containment of Profit Margin Erosion Coresight Research July 7, 2017 Executive Summary Associated British Foods reported 9M17 results for the 40 weeks ended June 24, 2017. This report focuses on the results for Primark, the company’s retail division. Primark reported that its 9M17 revenues increased by 21% year over year and by 13% on a constant-currency basis. Primark increased its selling space by 13% year over year in the period. In 3Q17, revenues increased by 21% on a reported basis and by 15% on a constant-currency basis. In 1H17, Primark’s operating profit margin contracted by 170 basis points, to 10.0%. Management had previously forecast further margin declines for 2H17, but now expects the FY17 operating margin and the rate of decline to be in line with those seen in 1H17. 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
Analyst CornerWeekly Insights Jul 7, 2017 Coresight Research July 7, 2017 Executive Summary This week’s note “From the Desk of Deborah Weinswig” discusses Alibaba’s recent entry into the seemingly crowded intelligent digital assistant space. Nike confirmed that it will finally start selling its products directly on Amazon.com. The partnership with Amazon is in its early stages and involves only a limited selection of Nike products for now. German discount grocery chain Aldi North is planning to spend more than €5 billion (US$5.7 billion) to revamp its stores worldwide, pending approval of one of the three foundations that control the company. Beauty products giant L’Oréal has signed a contract to sell The Body Shop to Brazilian cosmetics maker Natura Cosméticos for a reported €1 billion (US$1.1 billion), subject to clearance by antitrust authorities, notably in Brazil and the US. The deal is expected to close during 2017. 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 DiveDeep Dive: US Consumer Survey— Amazon Yet to Become the Go-To Place for Womenswear Coresight Research July 6, 2017 Executive Summary The majority of womenswear consumers are omnichannel shoppers, with 73.0% of surveyed women purchasing apparel from both online and offline channels in April 2017. Amazon womenswear customers have almost doubled over the past four years. Some 23.2% of women surveyed bought womenswear from Amazon, but only 1.9% purchased womenswear most often from the online retailer. While Amazon is competitive in terms of price and selection, according to consumers, Kohl’s promotions remain appealing, while Macy’s has an edge on quality and style. 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 ReportUS Consumer Survey— Amazon Yet to Become the Go-To Place for Womenswear Coresight Research July 6, 2017 Executive SummaryThis infographic is about Amazon’s growth in womenswear. Amazon is gaining customers, but the majority of womenswear consumers are shopping omnichannel. 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 UpdateOcado (LSE: OCDO) 1H17 Results: Solid Sales Growth Continues Coresight Research July 6, 2017 Executive Summary British online grocery retailer Ocado Group announced a 12.5% year-over-year increase in revenues for 1H17, above consensus analyst estimates. Contribution operating margin expanded 10 basis points on gross margin expansion of 60 bps. However, EPS declined 12.1% year over year. Ocado increased its active customer numbers by 12.7% and grew order numbers by 15.6%, but saw its average basket value decline by 1.4%. 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
