Company Earnings Update | May 18, 2018 Register for Free Access Macy’s (M) 1Q18 Results: Company Beats Estimates, Raises Full Year GuidanceMacy’s reported 1Q18 adjusted EPS of $0.42 and total revenues of $5,541 million, exceeding analysts’ estimates. Comparable sales were up 3.9% on an owned basis and up 4.2% on an owned-plus-licensed basis. Read More
Event Coverage | May 17, 2018 Register for Free Access Demand for Natural Products and Experiences Drives Beauty Growth: Top Takeaways from the WWD Beauty CEO Summit 2018Our top takeaways from the WWD Beauty CEO Summit 2018 include: Read More
Insight Report | May 15, 2018 Premium Hong Kong Retail Sales Gain Momentum, Buttressed by Pickup in TourismThe value of total retail sales in Hong Kong in March increased by 11.4% year over year, showing signs of momentum picking up after bottoming in 2016, according to the Hong Kong Census and Statistics Department. Read More
Insight Report | May 14, 2018 Premium Quick Take: The Boom in Marketplace PlatformsIn this report, we review the different types of marketplace platforms. Read More
Company Earnings Update | May 11, 2018 Register for Free Access Next (LSE: NXT) 1Q19 Trading Update: Strong Quarter, Raises Full-Year GuidanceNext reported total full-price sales growth of 6.0% in the first quarter ended May 7, 2018. Full-price in-store retail sales declined by 4.8%, while full-price online sales jumped by 18.1%. Read More
Flash Report | May 10, 2018 Register for Free Access Walmart to Invest $16 Billion to Acquire a 77% Stake in India’s FlipkartOn May 9, Walmart announced the signing of a definitive agreement to invest $16 billion for a 77% stake in Flipkart, a leading online retailer in India. The company said it supports Flipkart’s ambition to become a publicly listed subsidiary in the future. Read More
Insight Report | May 10, 2018 Premium China Tech Briefings: Alibaba to Bring Its Tmall Genie Smart Speaker to Mercedes, Audis and Volvos in ChinaThis is our inaugural China Tech Briefings In this series, we will track news and developments related to China technology companies and share our viewpoints on how these will impact the retail sector and the overall economy. Read More
Company Earnings Update | May 8, 2018 Register for Free Access Alibaba (BABA) 4Q18 Results: Strong Revenue Growth, Although Margin Was SqueezedAlibaba reported 4Q18 revenues of ¥61.9 billion, up 61% year over year. The company attributed the strong results to the robust revenue growth from its core commerce segment, as well as the Alibaba Cloud business. Read More
Analyst Corner | May 4, 2018 Register for Free Access Weinswig’s Weekly May 4, 2018This week’s note “From the Desk of Deborah Weinswig” discusses the proposed merger of UK grocery retailers Sainsbury’s and Asda, which would create the country’s largest grocery retailer. Read More
Company Earnings Update | May 4, 2018 Register for Free Access Estée Lauder (EL) Fiscal 3Q18 Results: Beats Estimates and Raises GuidanceEstée Lauder reported fiscal 3Q18 adjusted EPS of $1.17, beating the consensus estimate by a dime and up 23.7% year over year. Revenues were $3.37 billion, up 18.0% year over year and beating the consensus estimate of $3.25 billion. Read More
Company Earnings Update | May 4, 2018 Register for Free Access Avon Products (AVP) 1Q18 Results: Company Meets EPS Estimates, Beats Revenue EstimatesAvon Products reported 1Q18adjusted EPS of $(0.02), in line with the consensus estimate. Revenues were $1.39 billion, up 4.5% year over year and beating the consensus estimate of $1.36 billion. Read More
Flash Report | May 3, 2018 Register for Free Access Macy’s Acquires STORY, the Store that Changes Concepts Every 6–8 WeeksMacy’s announced that it has acquired STORY, a New York City concept store that curates its product selections around a theme that changes every 4–8 weeks. Read More
Company Earnings Update | May 3, 2018 Register for Free Access Adidas (ETR: ADS) 1Q18 Result: Strong Profit Growth Beats Expectations Despite Currency Headwinds at the Top LineAt constant currency, Adidas grew 1Q18 revenues by 10%. Currency effects meant this translated to just a 1.9% increase in reported revenues. Read More
Event Coverage | May 3, 2018 Register for Free Access Retail Robotics & AI Conference TakeawaysThe Coresight Research team recently attended the Retail Robotics & AI Conference on April 26 in San Francisco. Here are our top takeaways from the event: Read More
Company Earnings Update | May 2, 2018 Register for Free Access Under Armour (UAA) 1Q18 Results: Beats Revenue Estimates on Strong International Sales, Reaffirms FY18 GuidanceUnder Armour reported 1Q18 adjusted EPS of $0.00, ahead of the $(0.05) consensus estimate. Total revenues were $1.19 billion, beating the $1.12 billion consensus estimate and up 5.9% year over year. Read More
