Company Earnings Update | June 30, 2017 Register for Free Access H&M (STO: HM-B) 1H17 Results: Sales Growth Mainly Driven by New Store OpeningsSwedish fast-fashion retailer H&M reported SEK 98.4 billion in net sales in 1H17, slightly below the consensus estimate of SEK 98.8 billion and up 8.6% year over year. Constant-currency sales increased by 5.0% in 1H17 and UK sales increased by 6.0%. Read More
Company Earnings Update | June 30, 2017 Register for Free Access Walgreens Boots Alliance (WBA) Fiscal 3Q17 Results: Beats and Raises Guidance, Announces New Agreement with Rite AidWalgreens Boots Alliance reported fiscal 3Q17 adjusted EPS of $1.33, above the $1.30 consensus estimate. Revenues were $30.1 billion, up 2.1% year over year and above the $29.7 billion consensus estimate. Sales increased by 5.0% on a constant-currency basis in the quarter. Read More
Company Earnings Update | June 30, 2017 Register for Free Access Nike (NKE) Fiscal 4Q17 Results: Beats on Earnings, Boosted by Strong International SalesNike reported fiscal 4Q17 adjusted EPS of $0.60, ahead of the $0.50 consensus estimate and up 22.4% year over year, driven by SG&A expense leverage as well as by higher global revenue, a lower tax rate and a lower share count. Read More
Deep Dive | June 29, 2017 Premium Deep Dive: Fashion Re-Commerce Update—12 Catalysts for Apparel Resale GrowthUS full-price retailers are suffering while re-commerce is thriving, and re-commerce is currently one of the fastest-growing sectors in retail. The marketplace for online fashion resale (“recommerce”) continues to evolve rapidly. Read More
Deep Dive | June 28, 2017 Premium Deep Dive: Kaufland in Australia – Europe’s Biggest Retailer Heads Down UnderThe biggest retailer in Europe, Schwarz Group, is reportedly bringing its Kaufland discount hypermarket format to Australia. The company told us that it is still scoping the market. Read More
Deep Dive | June 27, 2017 Premium Deep Dive: An Introduction to Cybersecurity—Part ThreeHere in Part Three, we discuss new threats/threat vectors and provide an overview of cybersecurity markets and companies. Read More
Event Coverage | June 26, 2017 Register for Free Access Insights from Alibaba’s Gateway ’17 Summit: Consumer and Industry Trends in China—Fashion and Apparel PanelRoth Lai, Deputy Editorial Director, ELLE China Read More
Insight Report | June 26, 2017 Premium A Social and Sustainable Approach to Raw Material Innovation: Himalayan Wild FibersAn environmentally sustainable supply chain is becoming increasingly more important for the fashion industry, as apparel manufacturers make extensive use of resources, chemicals and energy, and often operate a global supply chain, all of which can have a big impact on the environment. Read More
Event Coverage | June 23, 2017 Register for Free Access Insights from Alibaba’s Gateway ’17 SummitLivestreaming is an effective tool for engaging with Chinese consumers. Read More
Flash Report | June 23, 2017 Register for Free Access DIA 2017 Capital Markets Day: Company Sees Growth Opportunities in LatAm Expansion and Spanish E-CommerceAt DIA’s third Capital Markets Day, management emphasized the company’s strategy of customer centricity, which has put customer data and views at the heart of decision making since 2012. Read More
Deep Dive | June 22, 2017 Premium Deep Dive: Retail X Factor — StoresThis is the second report in our X Factor series, in which we identify themes that we believe will be critical for the US retail landscape in the second half of 2017 and beyond. We focus on the store in this report, as we believe the store will be one of the key factors that will make or break a retailer. Read More
Event Coverage | June 22, 2017 Register for Free Access Alibaba Gateway ’17 Day 2 TakeawaysThe Fung Global Retail & Technology team is attending the Alibaba Gateway ’17 event in Detroit, Michigan. This inaugural conference, which attracted over 3,000 attendees, is the largest event Alibaba has hosted outside of China. Alibaba Gateway aims to help small- to medium-sized businesses in the US to better understand the China opportunity and enable them to sell into China via Alibaba’s various platforms. Read More
Insight Report | June 21, 2017 Premium Amazon Ramps Up Its Effort in ApparelAmazon announced on June 20 that it is launching a new service called Prime Wardrobe, which lets customers try on clothes before they buy them and return them for free if they decide they do not want them. Read More
Event Coverage | June 21, 2017 Register for Free Access Alibaba Gateway ’17 Day 1 TakeawaysThe Fung Global Retail & Technology team is at the Alibaba Gateway ’17 event in Detroit, Michigan. This inaugural conference, which attracted over 3,000 attendees, is the largest event Alibaba has hosted outside of China. Alibaba Gateway aims to help small- to medium-sized businesses in the US to better understand the China opportunity and enable them to sell into China via Alibaba’s various platforms. Read More
Flash Report | June 21, 2017 Register for Free Access Apple Grants Third-Party App Developers Access to iPhone’s NFC ChipWith the latest iOS 11 development tool kit update released earlier this month, Apple granted access to the near-field communications (NFC) chip used in the iPhone to third-party app developers for the first time. Until now, Apple Pay was the only application allowed to use the NFC chip. Read More
