July 11, 2019 Store Tracker Databank Members Weekly US and UK Store Openings and Closures Tracker 2019, Week 28: Target to Open More Small-Format StoresIn the US, year-to-date announced closures have already exceeded the total we recorded for the full year 2018. Coresight Research estimates announced US store closures could reach 12,000 by the end of 2019.
July 5, 2019 Store Tracker Databank Members Weekly US and UK Store Openings and Closures Tracker 2019, Week 27: Pier 1 Imports to Shut More StoresCoresight Research tracks news about store closures, openings and bankruptcies. Our Weekly US and UK Store Openings and Closures Tracker focuses on department stores and specialty retail stores, including, but not limited to, those selling softlines, hardlines, consumer electronics, groceries and furniture.
July 2, 2019 Flash Report Register for Free Access Coty Unveils Turnaround PlanCoty Inc. (NYSE: COTY), announced a turnaround plan on July 1, 2019, designed to improve performance, especially in consumer beauty and to optimize its luxury and professional beauty businesses.
June 25, 2019 Company Earnings Update Register for Free Access 1Q19 US Earnings-Season Wrap-UpThis report reviews the most recent quarterly earnings for (mostly) US-based companies in the Coresight 100, our focus list of retailers, brand owners and real estate firms.
June 20, 2019 Event Coverage Register for Free Access Insights from Product Innovation Apparel New YorkOn June 17-18, the Coresight Research team attended the PI Apparel New York conference. The event brought together retail industry disrupters to discuss retail challenges and coming technologies that can solve many of them.
June 18, 2019 Insight Report Premium May 2019 US Monthly Retail Traffic and In-Store Metrics: Memorial Day and Mother’s Day Boost TrafficUS store traffic declined 8.9% year over year in May. The conversion rate (CVR) advanced 0.2 percentage points, average transaction value (ATV) grew 4.1% and the product return rate was flat year over year.
June 11, 2019 Flash Report Register for Free Access Unilever to Acquire Skincare Brand Tatcha for a Reported $500 MillionUnilever has signed an agreement to acquire the prestige skincare brand Tatcha. Unilever reportedly paid almost $500 million for the brand.
June 3, 2019 Deep Dive Premium Millennials and BeautyMillennials, born between 1980 and 2000, are particularly important for the beauty market due to the sizeable consumer base they represent and their growing spending power.
May 31, 2019 Event Coverage Register for Free Access World Retail Congress 2019 Wrap-UpLuxury in 2019 is capturing young consumers with beauty, wellness and exclusivity in the form of “drops,” creating a sense of exclusivity while remaining inclusive.
May 31, 2019 Company Earnings Update Register for Free Access Capri Holdings (NYSE: CPRI) 4Q19 Results: Strong Revenue Growth Driven by Versace and Jimmy ChooRevenues in the 4th quarter increased 13.6% to $1.34 billion on a reported basis, driven by strong sales in Versace (acquired on Dec 31, 2018) and Jimmy Choo, and above the $1.33 billion estimate.
May 31, 2019 Company Earnings Update Register for Free Access Ulta (NASDAQ: ULTA) 1Q19 Results: Mixed Results, Plans to Open 80 New Stores This YearUlta reported fiscal 1Q19 revenues of $1.74 billion, up 12.9% year over year and below the consensus estimate of $1.75 billion.
May 29, 2019 Insight Report Premium Who Shops Where for Beauty and Grooming: US Shopper DemographicsOur Who Shops Where reports profile US consumers who shop for selected categories at major US retailers. In this report, we look at the demographics of beauty, grooming and personal care shoppers.
May 16, 2019 Company Earnings Update Register for Free Access Farfetch (NYSE: FTCH) 1Q19 Results: Strong Growth Driven by Platform GMVFarfetch’s 1Q19 revenues grew 38.6% to $174.1 million, beating the $171.1 million consensus estimate, primarily driven by 43.2% growth in Platform Services Revenue to $141.8 million.
May 15, 2019 Company Earnings Update Register for Free Access Ralph Lauren (NYSE: RL) 4Q19 Results: EPS Beats ExpectationsRalph Lauren reported fiscal 4Q19 adjusted EPS of $1.07, above the $0.89 consensus estimate.
May 15, 2019 Company Earnings Update Register for Free Access Dufry (SIX: DUFN) 1Q19 Results: Higher Depreciation Costs Weigh on Operating Margin, Maintains FY19 GuidanceDufry reported 1Q19 total sales of CHF 1.88 billion, up 3.4% year over year and above the consensus estimate of CHF 1.86 billion recorded by StreetAccount.