Company Earnings UpdateSTARTUP Watch: The Idle Man Store – A Multi-Channel Showroom Coresight Research October 20, 2016 Executive Summary Menswear retailer The Idle Man opened its first store in London, where customers can try on the collection and buy it online. The retailer competes against high-street stores with a range of fashionable and affordable own-brand clothing. The store is intended as a showroom to display the best of the range available from the retailer’s website. 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 ReportBurberry [LSE: BRBY] 1H17 Results: Burberry Continues to Report Challenged Sales; US and Wholesale Deteriorating Coresight Research October 19, 2016 Executive Summary Burberry reported a 1H17 total group constant-currency revenue decline of 4% to £1,159 million (up 5% in reported currency), slightly below the consensus estimate of £1,163 million. Total results were negatively impacted by weakness in the Americas region and the Beauty and Women’s Apparel categories. Total retail sales increased 2% year over year at constant currencies (up 11% at reported currency) to £859 million. Wholesale sales declined by 14% year over year at constant currencies (down 6% at reported currency) to £287 million in 1H17. 1H17 sales in Asia Pacific declined by 1% year over year at constant currencies. 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 UpdateASOS (AIM: ASC) FY16 RESULTS: REVENUES AND EPS BEAT Coresight Research October 19, 2016 Executive Summary British online fashion retailer ASOS reported £1,444.9 million in revenues, in the 12 months ending August 31, 2016, above the consensus estimate of £1,436.6 million and up 26% year over year. FY16 constant-currency revenues increased 26% year over year. FY16 diluted EPS from continuing operations was 61.8 pence, up 42% from 43.4 pence in FY15, and above the consensus estimate of 59 pence. ASOS stated that the strong performance is continuing into the new fiscal year, and the company expects FY17 revenue growth to fall in the range of +20% to +25%. The company also stated that it expects FY17 margins to remain broadly stable, but that capital expenditures could increase to between £120 million and £140 million, up from £87 million in FY16. 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 PresentationDo or Die – Retail Imperatives for Globalization Personalization and Localization Coresight Research October 18, 2016 Executive SummaryUS GDP GREW BY 1.4% IN 2Q16, BELOW EXPECTATIONS The US GDP annualized growth rate was 1.4% in 2Q16, following lackluster growth of 0.8% in 1Q16 and 0.9% in 4Q15. Downward revisions to growth in prior periods were in government spending, inventories and net exports. 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 UpdateUlta Beauty Analyst and Investor Day: Key Takeaways Coresight Research October 18, 2016 Executive Summary Ulta Beauty, through its rigorous and thorough data collection and mining, has been able to make meaningful changes to the company. The company has focused on collecting data on its core consumers, getting to know them better than ever. Ulta’s Ultamate Rewards loyalty program has proven a success for the company, and loyalty program members currently represent more than 90% of the company’s sales. The rewards program also helps the company gather customer data. Ulta has focused some of its marketing strategy within channels that appeal to Latina consumers, as the company noted that one in three Americans will be Latino by 2050. Ulta has worked to make sure that beauty enthusiasts have beauty content and product available at any moment of the day via its new mobile app and e-commerce platform, and has gained brand loyalty in the process. Ulta is filling a gap within the specialty beauty category that is currently small, but that shows promising growth. Beauty consumers are moving away from mass beauty products in favor for prestige brands. 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 ReportH&M (STO: HM-B) MONTHLY SALES UPDATE: SALES GROWTH SLOWS TO 1% IN SEPTEMBER Coresight Research October 18, 2016 Executive Summary H&M reported total sales grew by 1% year over year in local currencies in September 2016. August saw growth of 7%. The total number of stores grew by 12.6% year over year, to 4,204, as of September 30. Sales growth lagged store growth by 1,162 basis points in September, expanding from the 552-basis-point difference in August. 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 ReportSupervalu (SVU) Announces Agreement to Sell Save-A-Lot for $1.4 Billion in Cash Coresight Research October 17, 2016 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 ReportWeekly Retail Promo Update Oct 16, 2016 Coresight Research October 16, 2016 Executive Summary Bloomingdale’s is running a similar number of sales this week as it did this week last year. The retailer is offering longer-running promotions this year: the Buy More, Save More sale will run one day longer and the Give Pink, Get More credit card promotion is being offered for 35 days as compared to 19 days last year. The retailer is having an in-store-exclusive, buy-one, get-one promotion that runs six days this week that it did not offer last year during the same week. Bloomingdale’s is using text message marketing this week, which it did not use during this week last year. JCPenney is promoting fewer sales this week than it did the same week last year. The retailer offered up to two online-exclusive promotions last year, but is offering shoppers only one online-exclusive sale this week. Kohl’s is running fewer sales this year than it did during the same week last year. The company promoted its Kohl’s Cash and Kohl’s Charge in both years. Kohl’s offered up to two online-exclusive/in-store-exclusive sales last year, but has not offered a similar exclusive sale so far this week. Macy’s is offering a similar number of promotions this week as it did last year during this week. The company is offering a two-day, online-exclusive kids’ and baby sale this week that it did not offer last year. Macy’s is also promoting a two-day designer pop-up promotion this week that it did not offer last year. 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 CornerWeekly Insights Oct 14, 2016 Coresight Research October 14, 2016 Executive Summary This week’s note “From the Desk of Deborah Weinswig” discusses the existence of “tech titans” and the characteristics that enable these companies to dominate their respective industries. While much of the garment production process is automated, dexterous human hands are still superior to rigid robot arms when it comes to stitching together complex garments. But Seattle-based startup Sewbo has figured out how to have robots work with weak, flexible fabrics to successfully sew together a T-shirt by stiffening the fabric with a water-soluble thermoplastic. French retailer Carrefour has partnered with a selection of startup companies to introduce three smartphone apps that can be used at its stores. The apps, to be tested in its French stores in October and November, are designed to increase supermarket checkout speeds by providing services such as digital queues. Vietnamese startup Hiip uses social data and algorithms to provide analysis and recommendation services to brands regarding which social media influencers are right for them. Last week, the startup raised an undisclosed amount of preseed funding, which will be used to further develop the company’s product and to expand into other markets. 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 CoverageBrand Licensing Europe 2016 Coresight Research October 14, 2016 Executive Summary TV and film are driving growth in the global licensed merchandise market. DIY and food and beverages are largely untapped categories and can be explored further for licensing opportunities. Globalizing a brand can be beneficial for licensors and licensees alike. 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 ReportGroupe Casino (EPA: CO) 3Q16 RESULTS: STRONG PERFORMANCE IN LATIN AMERICA FOOD RETAIL BOOSTS REVENUE Coresight Research October 14, 2016 Executive Summary Casino reported 3Q16 revenue of €10.4 billion in 3Q16, up 6.7% from 3Q15’s revenue, organic growth of 2.9% and comparable sales growth of 1.7%. The group noted that this is its highest growth in 13 quarters, with a particularly strong performance in its Latin American food retail and electronics sales segments. Sales in France, however, fell 1.1%, due to the closure of 282 stores and a fall of 7.6% in the sales of Leader Price stores. For France, the group confirmed that for FY16, it expects a trading profit of more than €500 million and free cash flow of €550 million. It expects to incur a net capital expenditure of about €350 million during this period. 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) 3Q16 Results: Flat Revenue Due To Volatile Markets And Exchange Rates Coresight Research October 14, 2016 Executive Summary Unilever reported 3Q16 revenues of €13.4 billion, down 0.1% year over year, and below the consensus estimate of €13.9 billion. The decline was primarily driven by a negative currency impact of 3.4%, which offset sales growth of 3.2% on an underlying basis. On an underlying basis, revenues in the Personal Care segment increased by 3.1% year over year, while sales in the Food segment increased by 1.7%, sales in the Home Care segment were up by 3.9% and sales in the Refreshment segment rose by 4.5%. By region and on an underlying basis, sales in Asia increased year over year by 3.9% in 3Q16, sales in the Americas increased by 5.8% and sales in Europe decreased by 1.1%. 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 PresentationTexas New Techies – A Retail Startup Pitch Competition Coresight Research October 12, 2016 Executive SummaryWhat Is a Startup Pitch Competition? A startup pitch competition is a session where entrepreneurs with innovative business ideas can boost awareness of their products and ideas and convince potential investors to invest in their company. Each company will have five minutes to present, followed by a 75-second Q&A session today. 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) 3Q16 Sales Results: Strengthening Organic Growth Trends Coresight Research October 12, 2016 Executive Summary LVMH Moët Hennessy Louis Vuitton reported 6.0% organic revenue growth for 3Q16, showing a sequential quarterly acceleration from 4.0% in 2Q16 and 3.0% in 1Q16.3Q16 revenue of €9.1 billion was above the consensus estimate of €9.0 billion. The company noted significant improvement in Asia, ex Japan, in 3Q16. The US and Europe, ex France, remain well positioned. Stronger quarterly organic sales growth was driven by an improved performance in the Fashion & Leather Goods division and continued strength in the Perfumes & Cosmetics and Selective Retailing divisions. 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 ReportSamsung Joins the AI Race with Acquisition of Viv, an AI Assistant Platform Developer Coresight Research October 11, 2016 Executive Summary Samsung Electronics has acquired Viv Labs, a US-based startup that has developed an open artificial intelligence (AI) assistant platform. The startup was co-founded by the creators of Siri. The acquisition will help Samsung fill a major gap in its smartphone product portfolio, allowing it to compete with other tech giants such as Apple and Google. The AI assistant platform could penetrate into other platforms more quickly, as Samsung is one of the largest manufacturers of home appliances and wearables. Samsung can eventually build a seamless AI assistant platform across all of its devices, and this might disrupt how companies interact with their customers. 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
