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
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
Company Earnings Update | April 26, 2018 Register for Free Access Boohoo Group (LSE: BOO) FY18 Results: Sales Nearly Double and Profits Jump on AcquisitionsBoohoo.com reported a 96.8% jump in revenues to £579.8 million in FY18, slightly above the consensus estimate of £574.9 million, as recorded by S&P Capital IQ, and above the guidance provided previously. Read More
Analyst Corner | April 20, 2018 Register for Free Access Weinswig’s Weekly April 20, 2018This week’s note “From the Desk of Deborah Weinswig” discusses what makes Chinese retail unique and what the future of retail could hold, according to executives from JD.com and Alibaba who spoke at the World Retail Congress in Madrid this week. Read More
Event Coverage | April 19, 2018 Register for Free Access World Retail Congress 2018, Day 2: Department Stores, Diversity and Digitalizing ProductsThe Coresight Research team is attending World Retail Congress 2018 in Madrid this week. Here are our top takeaways from day two of the conference: Read More
Event Coverage | April 18, 2018 Register for Free Access World Retail Congress 2018, Day 1: Hearing About the “Retail Apocalypse,” Chinese Retail and the Need for Change in Brick-and-MortarThe Coresight Research team is attending World Retail Congress 2018 in Madrid this week. Here are our top takeaways from day one of the conference: Read More
Company Earnings Update | April 18, 2018 Register for Free Access Groupe Casino (EPA: CO) 1Q18 Trading Update: French Food Sales, Hypermarkets Help PerformanceGroupe Casino reported a 3.8% decline in sales in 1Q18 to €8.90 billion, slightly below the consensus estimate of €8.91 billion, and impacted by foreign-exchange effects of (7.7)%. Read More
Company Earnings Update | April 13, 2018 Register for Free Access L’Oréal (ENXTPA: OR) 1Q18 Trading Update: Buoyant Chinese Demand Fuels Strong Comp GrowthL’Oréal reported 1Q18 comp growth of 6.8%, ahead of expectations and an improvement over the prior quarter’s growth. Read More
Analyst Corner | April 13, 2018 Register for Free Access Weinswig’s Weekly April 13, 2018This week’s note “From the Desk of Deborah Weinswig” discusses order-collection options such as lockers and towers that Amazon, Walmart and others are installing to ease product pickup. Read More
Company Earnings Update | April 12, 2018 Register for Free Access TESCO (LSE: TSCO) FY18 Results: Profits Surge as Turnaround Efforts ContinueTesco announced a net profit of £1,208 million for FY18, representing a significant rebound from last year’s loss of £54.0 million. Revenues increased by 2.8% to £57,491 million. Read More
Company Earnings Update | April 12, 2018 Register for Free Access Carrefour (ENXTPA: CA) 1Q18 Trading Update: Very Weak Quarter as Growth Slows in All Regions and French Comps Turn NegativeCarrefour grew first-quarter sales by just 0.4% on a comparable basis. Total sales fell by 2.4% at current exchange rates. Read More
Company Earnings Update | April 12, 2018 Register for Free Access ASOS (AIM: ASC) 1H18 Results: Revenues and Profits Surge as Site Visits Pass Billion MarkASOS reported 1H18 group revenue growth of 27.1%. At constant currency, revenues grew by 25.0%. Read More
Company Earnings Update | April 10, 2018 Register for Free Access LVMH (ENXTPA: MC) 1Q18 Trading Update: Organic Growth Accelerates as Shoppers Flock to Power BrandsLVMH Moët Hennessy Louis Vuitton reported adjusted organic revenue growth of 15% in 1Q18, a marked acceleration from 11% organic growth in 4Q17. Read More
Flash Report | April 10, 2018 Register for Free Access Quick Take: Prime Members Drive Amazon Sales Across All CategoriesThis brief report looks at the results of our recent survey which asked US consumers what they had bought on Amazon in the past year. We split out Amazon Prime members to chart how significant these shoppers are to Amazon’s overall shopper penetration. Read More