Insight ReportWeekly Retail Promo Update Jun 12, 2016 Coresight Research June 12, 2016 Executive Summary Stores are offering sales on Father’s Day gifts such as men’s T-shirts and shorts, and tech gadgets. Department stores are promoting more online-only sales and exploring the buy-online, pick-up-in-store model. 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 PresentationTop Ten Trends and Disruptors in Digital Beauty (Paris) Coresight Research June 10, 2016 Executive Summary10 DISRUPTORS, THREE THEMES Online: Primarily about research Stores: Experience is all. E-Commerce opportunities: Subscription, luxury and grocery. 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 Jun 10, 2016 Coresight Research June 10, 2016 Executive Summary This week, we introduced our new concept regarding opportunities in the retail industry: the Four-Quadrant Disruptors Framework, which identifies four areas of opportunity for innovative retailers and startups. The framework was formulated as a response to the “retail destruction” seen in the US very recently, when a number of major retail names reported disappointing results. As the athleisure market approaches saturation, “streetnic” apparel—made with engineered fabrics that apply the stretch and performance of athleticwear to everyday clothing—may be the next big trend. Consumers have come to expect the comfort of athleisure, and now retailers are working to create fashionable clothing that has the functionalities of athletic apparel. Spanish retail chain El Corte Inglés has opened a store dedicated entirely to women’s products in Madrid’s Calle de Serrano, the preferred location for some of Europe’s best-known brands in the city. This move follows the success of its Serrano 52 MAN store, which opened on the same street last year, catering exclusively to men. According to eMarketer, 195 million people in China will be using their phone as a wallet by the end of 2016. That represents 38% of all smartphone users in the country, and is double the rate of smartphone store payments in the US. There are three main mobile wallet options in China, WeChat, Alipay and newcomer Apple Pay. While WeChat and Alipay generate a QR code for scanning, Apple Pay ties up with China’s biggest card network, UnionPay. This document was generated for
Event PresentationFuture of Retail: Is It Coming Apart at the Seams? (RMS) Coresight Research June 9, 2016 Executive SummaryExperiences Trump “Things” Over the next 5 years US consumer spending is forecasted to grow by 22%; non-essential categories, including vacations and dining out, will see the fastest growth, about 27% (Mintel) More than 3 in 4 millennials would choose to spend money on a desirable experience Experiences are what people use to define themselves across social channels 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 ReportHudson’s Bay (TSE: HBC) 1Q16 Results: Increased Real Estate Investments Hurt Earnings; Still on Track for FY16 Outlook Coresight Research June 9, 2016 Executive Summary Hudson’s Bay Company reported 1Q16 revenues of C$3.3 billion up 59.4% year over year and in line with the consensus estimate. EPS was C$(0.53), missing the consensus of C$(0.39) and down from EPS of C$(0.27) in the year-ago quarter. The company’s comparable sales were up 4.4% in the quarter, though they declined by 1.0% on a constant-currency basis. Comparable digital sales were up 7.4% on a constant-currency basis. The company confirmed its previous full-year sales guidance of C$14.9–C$15.9 billion. 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 PresentationInvesting in Women-Led Startups Coresight Research June 8, 2016 Executive SummaryAGENDA ABOUT US OVERVIEW DRIVERS FOR WOMEN-LED STARTUPS CHALLENGES FOR WOMEN-LED STARTUPS CASE STUDY: CHINA 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 ReportLululemon Athletica (LULU) 1Q16 Results: Inventory More Aligned with Sales than in Prior Quarters, but Outlook Is Muted Coresight Research June 8, 2016 Executive Summary Lululemon Athletica reported adjusted 1Q16 EPS of $0.30 versus the consensus estimate of $0.31. Total revenue was $495.5 million versus consensus of $487.6 million. Comps increased by 8% on a constant-currency basis versus consensus of 6.3%. Store-only comps were up 5% versus consensus of 2.8%. Full-year EPS is expected to be $2.05–$2.15, consistent with prior guidance and compared to consensus of $2.15. Total revenue is now expected to be $2.305–$2.345 billion, up from $2.285–$2.335 billion previously and versus consensus of $2.34 billion. Comps are expected to be up in the mid-single-digit range on a constant-dollar basis. 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 ReportRestoration Hardware (RH) 1Q16 Results: Headwinds Weigh on Outlook Coresight Research June 8, 2016 Executive Summary Restoration Hardware reported adjusted 1Q16 EPS of $(0.05), below the consensus estimate of $0.05. Total revenues were $455.5 million versus consensus of $452.3 million. Comps increased by 4% versus expectations of 6.1%. Full-year guidance calls for EPS of $1.60–$1.80 versus consensus of $2.66. Revenues are expected to increase by 1%–3% versus prior guidance for an increase in the low- to mid-single-digit range. Full-year results will be impacted by costs associated with RH Modern production delays, investments aimed at elevating the customer experience, timing issues related to the transition from a promotional to a membership model, and a more aggressive approach to rationalizing SKU count and optimizing inventory. 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 ReportRalph Lauren (RL) Analyst Day Takeaways: The Consumer Is in Charge Coresight Research June 7, 2016 Executive Summary Ralph Lauren held an analyst day in New York on June 7. Presenting from the management team were Stefan Larsson, President and CEO; Ralph Lauren, Executive Chairman and Chief Creative Officer; Valerie Hermann, Global Brand President, Luxury, Women’s Collections and World of Accessories; and Bob Madore, Corporate SVP and CFO. The company has struggled over the last few years as consumers and their expectations are changing. The apparel industry is going through significant transformation and disruption. Consumers now have an abundance of choice available to them—they can get whatever they want, whenever they want—and they are now in charge. Management outlined a plan for the company called the “Way Forward Plan.” As part of the plan, the retailer will refocus on its iconic brand and on the core of what has made the company successful. The foundation of the plan is to refocus on and evolve both the core—the brand strategy and the product, marketing and shopping experience—and the operating model (by developing strong underlying business engines, rightsizing the cost structure, and strengthening leadership and the culture). 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 ReportOn the Ground With: Skin Laundry Coresight Research June 6, 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 ReportWalmart’s 46th Annual Shareholders’ Meeting: “Reimagine Retail Again” Coresight Research June 5, 2016 Executive Summary Last week, Walmart (WMT) held a weeklong company meeting, culminating in its 46th annual shareholders’ meeting, which 14,000 people attended. Walmart CEO Doug McMillon urged employees to “reimagine retail again,” and said the company plans to focus on employees, customers and communities. The company demonstrated many new technological innovations, including drones, cooperation with same-day delivery services and Walmart Pay. Sam’s Club is an incubator for much of the technology and many of the upgrades that are later introduced throughout the Walmart store network. 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 Jun 05, 2016 Coresight Research June 5, 2016 Executive Summary Stores are offering sales on warm weather products, such as summer apparel, footwear and sunscreen. Department stores are promoting more online-only sales and exploring the buy-online, pick-up-in-store model. 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 Jun 3, 2016 Coresight Research June 3, 2016 Executive Summary This week, the Fung Global Retail & Technology team attended the ninth annual Global E-Commerce Summit, which was held in Barcelona and which centers on trends and developments in global e-commerce, cross-border trading and omni-channel retail. Facebook-owned Instagram launched Instagram Business Tools, giving retailers and other businesses a better way to understand user data and interact with users. The new tools make it easier to turn a post into an ad and also allow businesses to get information on how many users saw a particular post, how many click-throughs a post generated and how many users have seen the brand’s posts during the past month. Sportswear producer and retailer Adidas has unveiled a robot-run factory in Ansbach, Germany. Called Speedfactory, it is equipped to turn customized production into an automated process. The company stopped manufacturing shoes in Germany more than two decades ago in favor of lower-cost production in Asia, where it employs about a million people. In Latin America, the number of car journeys ordered via the Uber app tripled during the first four months of 2016, making the region the company’s fastest-growing market. Brazil is expected to surpass Mexico to become Latin America’s number one Uber market this year as Brazilians seek supplementary income in response to the recession and as an influx of tourists visit the country in August for the Olympic Games. This document was generated for
Insight ReportSkin Laundry: The 15-Minute Laser Facial Coresight Research June 3, 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 ReportShiseido Announces Agreement to Acquire Gurwitch Products, Owner of Laura Mercier and RéVive Coresight Research June 3, 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
