June 13, 2018 Company Earnings Update Register for Free Access Boohoo Group (LSE: BOO) 1Q19 UpdateBoohoo.com reported 1Q19 group revenue growth of 53.0% to £183.6 million in the three months ended May 31, 2018.
June 13, 2018 Deep Dive Premium US Plus-Size Apparel: Reviewing the $46 Billion OpportunityThe women’s plus-size apparel market has been under served historically, but recent trends show that the segment has been growing at a faster rate than the US apparel market overall. Above-average growth in plus-size fashion will continue to be propelled by increased supply, changing consumer demographics and psychographics, and higher obesity rates through 2021.
June 11, 2018 Market Navigators/Market Outlook Premium The Inclusive Clothing Market Represents a Significant, Largely Untapped OpportunityThe inclusive clothing and accessories market, which encompasses adaptive, smart and stress-free clothing designs as well as plus sizes and extended sizes, is underserved in retail. In this report, we focus on the adaptive clothing market opportunity and discuss some of the startups, retailers and designers that are working to meet the clothing needs of people with various disabilities and conditions. A future report will take a deep dive into inclusive design and the plus-size market opportunity.
June 11, 2018 Event Coverage Register for Free Access New York Fashion Tech Lab (NYFTL) Tech Runway Demo Day 2018The Coresight Research team attended New York Fashion Tech Lab’s (NYFTL’s) Tech Runway Demo Day 2018 in New York City on June 7.
June 8, 2018 Analyst Corner Register for Free Access Weinswing’s Weekly Jun 8, 2018Amazon is hiking the cost of Prime membership in the US from $99 to $119. The company has already increased the cost for new members and it will begin charging the higher rate for renewals next month. We see this as a risk, and in this week’s note, we outline why.
June 7, 2018 Store Tracker Databank Members Weekly Store Openings and Closures Tracker 2018, Week 23: Hudson’s Bay Co. to Close 10 Lord & Taylor StoresYear-to-date 2018, the number of US store closure announcements stands at 4,123 and the number of store openings is 1,884. Year to date in the UK, there have been 850 store closure announcements and 616 store opening announcements.
June 7, 2018 Company Earnings Update Register for Free Access Five Below (FIVE) 1Q18 Results: Another Strong Quarter, Supported by Store Openings and Solid Comp GrowthIn 1Q18, Five Below reported a 27.2% increase in net sales year over year and a 3.2% increase in comparable sales. The leveraging of operating costs yielded a 93.3% jump in operating profit.
June 6, 2018 Company Earnings Update Register for Free Access Hudson’s Bay Company (HBC) 1Q18 Results: Weak Comps Continue, Company Agrees to Sell Gilt and Close 10 Lord & Taylor StoresHudson’s Bay Company (HBC) reported 1Q18 adjusted EPS of C$(1.22), down from C$(1.15) in the year-ago period and below the C$(0.76) consensus estimate. Revenues were C$3.09 billion, up C$30 million, or 1.0%, from the year-ago quarter.
June 6, 2018 Insight Report Premium US Father’s Day Spending Forecast to Hit $15.3 Billion, the Second-Highest Total in Survey’s HistorySpending for Father’s Day, which falls on June 17 this year, is expected to reach a near-record high of $15.3 billion in 2018, down slightly from last year’s record total of $15.5 billion, according to an annual spending survey conducted by the National Retail Federation (NRF) and Prosper Insights & Analytics.
June 6, 2018 Flash Report Register for Free Access Hudson’s Bay Company Announces Closure of Lord & Taylor’s New York Flagship and Sale of Gilt Groupe to Rival Rue La LaCanadian retail group Hudson’s Bay Company (HBC) announced that it will close up to 10 of its Lord & Taylor US department store locations, including its iconic flagship store on Fifth Avenue in Manhattan. The Lord & Taylor flagship has been open for 104 years and is expected to close by the end of the year.
June 5, 2018 Flash Report Register for Free Access Walmart Launches Jetblack, a Concierge-Style Personal Shopping ServiceWalmart launched a members-only personal shopping service called Jetblack on May 31. The service was incubated under Walmart’s tech incubator Store No. 8.
June 5, 2018 Company Earnings Update Register for Free Access Ascena (ASNA) Fiscal 3Q18 Results: Beats Expectations, Provides Mixed GuidanceAscena reported fiscal 3Q18EPS of $(0.08),down from $0.05a year ago, but beating the consensus estimate by a penny.Adjusted revenues were $1.50 billion, down 4.0% year over year,but above the $1.47 billion consensus estimate.
June 4, 2018 Insight Report Premium Amazon Prime Day 2018 Preview: Echo Devices and Private-Label Products Look Set to Take Center StageAmazon Prime Day 2018 will start on July 16, 2018. This year, the company has announced a bigger-than-ever promotional event, which will see more deals and more products on offer for a longer period of time.
June 1, 2018 Store Tracker Databank Members Weekly Store Openings and Closures Tracker 2018, Week 22: Claire’s to Close 40 More Stores, Sears Announces Further ClosuresCoresight Research tracks store openings and closures for a select group of retailers in the US and the UK, as well as major US store bankruptcies.
June 1, 2018 Company Earnings Update Register for Free Access Dollar General (DG) Fiscal 1Q18 Results: Misses on EPS and Comps, Reaffirms FY18 GuidanceDollar General reported 1Q18 EPS of $1.36, up from $1.02 in the year-ago period, but below the $1.40 consensus estimate. Revenues were $6.11 billion, up 9.0% year over year and below the $6.18 billion consensus estimate.
