Event Coverage | September 12, 2019 Register for Free Access L Brands Investor Day, 2019: Revenue Growth Driven by Bath & Body Works; Product Innovation at Victoria’s Secret is #1 PriorityRevenue at L Brands has been driven by growth at Bed Bath & Beyond (BBW). L Brands is targeting PINK at 19-year-old college student-like consumers, a demographic that totals 30 million. PINK brand hopes to grow its “Seamless” workout business to $1 billion by 2022. Read More
Insight Report | September 11, 2019 Premium Two Months to Singles’ Day: Leveraging Juhuasuan and Alibaba’s Marketing Platform for 11.11Singles’ Day, held annually on November 11, began as a festival of young Chinese people celebrating their pride in being single. Alibaba started promoting the day as a shopping day (now officially called the 11.11 Global Shopping Festival) back in 2009. Read More
Event Coverage | September 10, 2019 Register for Free Access Alibaba’s Tmall Hosts Third Annual NYFW China Cool Day: A Fusion of Heritage and InnovationAlibaba hosted its 3rd NYFW China Cool Event. Emerging brands Songta and I-am-chen’s shows were bold while contemporary brands, Peacebird, Threegun and Rizhuo merged traditional with modern designs. Read More
Insight Report | September 10, 2019 Premium New Retail Briefing: Alibaba Buys Kaola; Kuaishou Launches a “Trustworthy Goods Festival”Short video app Kuaishou achieved sales of over ¥100 million (US$14 million) in its first “Trustworthy Goods Festival” from August 28−30. Read More
Flash Report | September 9, 2019 Register for Free Access Alibaba Acquires Kaola to Strengthen Cross-Border E-Commerce DominanceThe Kaola acquisition represents a meaningful strengthening of Alibaba’s offering in cross-border e-commerce. It will consolidate China’s cross-border e-commerce space, giving Alibaba a dominant share of this market. Read More
Analyst Corner | September 6, 2019 Register for Free Access Weinswig’s Weekly — September 6, 2019This week’s note “From the Desk of Deborah Weinswig” looks at how Costco and Aldi are taking different approaches to entering China. Read More
Company Earnings Update | September 6, 2019 Register for Free Access Alimentation Couche-Tard (TSX: ATD.B) 1Q20 Results: Revenue Below Consensus, Merchandise and Service Drive GrowthAlimentation Couche-Tard reported fiscal 1Q20 revenue of $14.2 billion, down 4.2% year over year and below consensus estimate of $15.1 billion. Read More
Company Earnings Update | September 6, 2019 Register for Free Access Lululemon (NASDAQ: LULU) 2Q19 Results: Revenue and Comps Up in Strong Quarter; Men’s Outperforms Women’sLululemon’s 2Q19 revenues grew 22.1% year over year to $833 million, beating the consensus estimate of $845.6 million. The company reported 2Q19 EPS of $0.96, up 35.2% from the year-ago period, ahead of the consensus estimate of $0.89. Read More
Insight Report | September 5, 2019 Premium Costco’s First China Store: A First Look and a Look AheadOn August 27, Costco opened its first store in China. First-day traffic was so heavy the store was forced to close early due to overcrowding. The Coresight Research team was there for the opening day and made a return visit on August 29. Read More
Insight Report | September 4, 2019 Premium Retail-Tech Landscape: Supply ChainIn this report, we continue our Retail-Tech Landscape report series, which spotlights innovative retail-tech companies that are disrupting the retail industry. This retail-tech landscape covers innovation in the supply chain, featuring start-ups in addition to a few more established companies that are disrupting the current scenario. Read More
Insight Report | September 4, 2019 Premium US and China Quarterly Economic Update: Growth Slows; Consumption Picks Up in the USIn this report, we discuss recent macroeconomic indicators from the US and China. US GDP increased by an annual seasonally adjusted rate of 2.0% in the second quarter of 2019, while GDP in China increased 6.2% year over year in the second quarter of 2019, slowing from 6.4% in the last quarter. Read More
Insight Report | September 3, 2019 Premium Insights from China: China Unveils Plans to Make Shenzhen A Model City with Further Economic and Investment ReformsBeijing’s new development plan gives Shenzhen an even more favorable position, setting it up for continued growth at the heart of the Greater Bay Area. Read More
Insight Report | September 2, 2019 Premium Xcel Brands x Coresight Research Monthly Fashion Trend Data Report – August 2019The Monthly Fashion Trend Report highlights the fashion trends that are emerging, growing and maturing- offering insights for designers, planners, retailers, buyers and merchandisers. Read More
Company Earnings Update | August 30, 2019 Register for Free Access Coty (NYSE: COTY) 4Q19 Results: Revenues Down Due to Mass Beauty Weakness, Announces Separation with Direct Sales Brand YouniqueCoty’s fiscal 4Q19 revenues declined 8% to $2.12 billion, meeting the consensus estimate. Adjusted EPS was $0.16, up 14.3%, in line with consensus estimate. Read More
Company Earnings Update | August 30, 2019 Register for Free Access PVH (NYSE: PVH) 2Q19 Results: Beats Consensus Sales and Earnings Estimates but Reduces FY19 Outlook on Volatile Macro Environment2Q19 revenues increased modestly to $2.36 billion versus the $2.33 billion consensus, as currency exchange rates clipped about 200 basis points (bps) from revenue growth, worth some $5 million and $0.06 per share. Adjusted 2Q19 EPS declined 3.8% to $2.10 versus $2.18 in the year-ago quarter and the $1.88 consensus estimate. Read More
