July 31, 2018 Insight Report Premium June 2018 Monthly Consumer Update: US, UK and ChinaEach month, we round up key metrics reflecting consumer demand in the US, the UK and China. We focus on direct, leading indicators of the health of the consumer economy: wage growth, price changes and retail sales growth. Metrics for June include:
July 30, 2018 Insight Report Premium US Back-to-School 2018 Retail Outlook: Shoppers Look Ready to SpendThis is the first report in our US Back-to-School series for 2018.
July 27, 2018 Event Coverage Register for Free Access Tariffs and the Fashion Industry: Key Takeaways from the CFDA’s DiscussionOn Wednesday, July 25, the Coresight Research team attended a discussion hosted by the Council of Fashion Designers of America (CFDA) on the impact of new US tariffs on Chinese-produced goods. Lisa Metcalfe, COO of Pam and Gela, and her husband, James Metcalfe, Senior Vice President of Production and Product Development at Alice and Olivia, walked the audience through how new tariffs could affect the fashion industry. Here, we share our key takeaways from the discussion.
July 19, 2018 Flash Report Register for Free Access JD.com and L Catterton Asia Invest in Online Luxury Fashion Retailer SecooChina’s largest online retailer JD.com and consumer-focused, private-equity firm L Catterton Asia have invested $175 million in Secoo, the largest online luxury fashion retailer in China.
July 19, 2018 Insight Report Premium Amazon Prime Day 2018 Wrap-Up: Amazon Announces Another Record Day but Remains Vague on Revenue FiguresAmazon announced that Prime Day 2018 was the “biggest shopping event” in the company’s history, surpassing Black Friday, Cyber Monday and previous Prime Day events.
July 16, 2018 Insight Report Premium June 2018 US Same-Store SalesCostco’s same-store sales growth accelerated in June versus the same period last year. Buckle, Cato and L Brands all reported comp improvement year over year.
June 28, 2018 Insight Report Premium Independence Day Spending to Fall, as Fewer Americans Plan to Celebrate in 2018This year, 216 million Americans are planning to celebrate the July 4th holiday, down from 219 million last year, according to the National Retail Federation’s (NRF’s) annual Independence Day survey, which was conducted by Prosper Insights & Analytics.
June 27, 2018 Insight Report Premium May 2018 Monthly Consumer Update: US, UK and ChinaEach month, we round up key metrics reflecting consumer demand in the US, the UK and China. We focus on direct, leading indicators of the health of the consumer economy: wage growth, price changes and retail sales growth. Metrics for May include:
June 25, 2018 Flash Report Register for Free Access US Supreme Court Enables States to Collect Taxes on Online Sales Possibly Levelling the Playing Field in US RetailOn Thursday, June 21, the US Supreme Court ruled that American states have the right to collect taxes on e-commerce sales regardless of the physical location of the online retailer. The decision reversed a 1992 deliberation that granted a defacto tax break for pure-play retailers.
June 20, 2018 Deep Dive Premium Chinese Demand for Cross-Border E-Commerce Booms but Looming Tax Reforms are a Cloud on the HorizonChinese shoppers’ appetite for imported products continues to grow apace. We review the current state of the cross-border e-commerce market, note the factors supporting demand and look at forthcoming tax changes that will impact cross-border sales.
June 19, 2018 Insight Report Premium May 2018 US Same-Store SalesSame-store sales for Costco saw an acceleration in May versus the same period last year. Cato, Buckle and L Brands all reported positive May comps, which also accelerated versus the same period last year.
June 15, 2018 Insight Report Premium May 2018 UK Retail Sales: A Bounceback with Very Strong Volume Growth; Inflationary Pressures EaseWarm May weather prompted British consumers to flock to the shops over the month’s two public holidays, to the benefit of grocery stores, clothing specialists and DIY stores.
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.
May 30, 2018 Insight Report Premium April 2018 Monthly Consumer Update: US, UK and ChinaEach month, we round up key metrics reflecting consumer demand in the US, the UK and China. We focus on direct, leading indicators of the health of the consumer economy: wage growth, price changes and retail sales growth. Metrics for April include:
May 28, 2018 Insight Report Premium April 2018 UK Retail Sales: Very Weak Month Due to Earlier EasterApril was an exceptionally weak month for year-over-year retail sales growth. Value sales were up just 0.8% year over year and volumes were down 1.2%. An early Easter hit April sales: Easter Sunday fell on April 1 this year versus April 16 last year, and this pulled some Easter-related spending forward into March.