Company Earnings Update | May 9, 2017 Register for Free Access H&M (STO: HM-B) Monthly Sales Update: Slight Sales Improvement in AprilH&M reported that total sales rose by 7% year over year in local currencies in April 2017. This compares to growth of 6% in March. Read More
Flash Report | May 9, 2017 Register for Free Access Coach to Acquire Kate Spade for $2.4 BillionCoach announced on Monday, May 8, that it has signed a definitive agreement to acquire Kate Spade for $2.4 billion in an all-cash transaction. The transaction is equal to $18.50 per share, a 27.5% premium to the unaffected closing price of Kate Spade shares on December 27, 2016. Read More
Company Earnings Update | May 5, 2017 Register for Free Access Adidas (ETR: ADS) 1Q17 Results: North America and Greater China Deliver Strong PerformanceAdidas reported 1Q17 net sales of €5,671 million, up 18.9% on a reported basis and up 16.0% on a constant-currency basis. Net sales for the quarter were above the consensus estimate of €5,387 million. Revenue growth was underpinned by strong performance in North America and Greater China. Read More
Company Earnings Update | May 5, 2017 Register for Free Access Next (LON:NXT) 1Q17 Update: Weak Sales and Lower FY17 GuidanceBritish fashion retailer Next reported a decline in total full price sales of 3.0%. Next Retail full price sales declined 8.1% year over year, while Next Directory sales increased 3.3%. Sales from new retail space accounted for a full price sales increase of 1.6%. Read More
Company Earnings Update | May 2, 2017 Register for Free Access VF Corp. (VFC) 1Q17 Results- Broadly In-Line Against a Backdrop of “Retail Dislocation”, Guides For Low Single Digit Revenue Growth in FY17VF Corp. reported 1Q17 EPS of $0.52, which includes a $0.55 contribution from the licensing business that the company agreed to sell on April 4; consensus called for EPS of $0.55. Read More
Company Earnings Update | April 28, 2017 Register for Free Access Under Armour (UAA) 1Q17 Results: Apparel Sales Growth Outpaces Footwear GrowthUnder Armour reported 1Q17 EPS of $(0.01), ahead of expectations of $(0.04). Read More
Company Earnings Update | April 27, 2017 Register for Free Access Boohoo Group (LSE: BOO) FY17 Results: A Stellar Year and More to ComeBoohoo.com grew FY17 revenues by 49% at constant exchange rates, with US revenues up 124% at constant rates. Read More
Company Earnings Update | April 20, 2017 Register for Free Access Primark (LSE: ABF) 1H17 Results: Sharp Operating Margin Erosion and Lackluster CompsAssociated British Foods reported 1H17 results for the 24 weeks ended March 4, 2017. This report focuses on results for Primark, the company’s retail division. Read More
Deep Dive | April 20, 2017 Premium Is Going Direct-to- Consumer the Way Forward for Retail?More and more retailers such as G-III Apparel, Nike, Adidas and VF Corporation are rebalancing their distribution in favor of a direct-to-consumer (DTC) model. Beauty companies such as L’Oréal and Procter & Gamble have also focused more on DTC channels in recent years. Read More
Company Earnings Update | April 19, 2017 Register for Free Access H&M (STO: HM-B) Monthly Sales Update: Improving, But March Sales Still SoftH&M reported total sales rose by 6% year over year in local currencies in March 2017. This compares to year-over-year sales growth of 3% in February. Read More
Company Earnings Update | April 5, 2017 Register for Free Access ASOS (AIM: ASC) 1H17 Results: Weak Pound, Strong International Sales Drive Growth; Company Raises FY17 Revenue ForecastASOS reported 1H17 revenue growth of 37.5% to £911.5 million. At constant currency, revenue grew by 31%. Read More
Company Earnings Update | April 4, 2017 Register for Free Access Next (LON: NXT) 2Q17 Update: FY17 Guidance Narrowed on Improving SalesBritish fashion retailer Next reported £1,888 million in group revenues in 1H17, down 2.7% year over year and above the consensus estimate. Retail store sales declined 8.3% year over year, reflecting significant sales erosion. Read More
Market Navigators/Market Outlook | April 3, 2017 Premium UK Value Clothing Market— Pure Plays Drive Market GrowthThis report explores value clothing retailing in the UK, including market size, growth drivers, key players, market share, and likely winners and losers in 2017. Read More
Company Earnings Update | March 31, 2017 Register for Free Access H&M (STO: HM-B) 1Q17 Results: Below Target Sales Growth; New Concept To Be Launched in Early Fall 2017Swedish fast-fashion retailer Hennes & Mauritz AB reported SEK47.0 billion in net sales in 1Q17, slightly below the consensus estimate of SEK48.1 billion and up 8.0% year over year. Constant-currency sales increased by 4.0% in the quarter and UK sales increased 5.0%. Read More
Deep Dive | March 29, 2017 Premium US Consumer Survey— Amazon Yet to Crack the Menswear MarketBrick-and-mortar stores remain the main channel where consumers buy. Two-thirds of surveyed men have bought menswear online, and only 2.6% say they buy most often online. Read More
