Company Earnings Update | March 1, 2019 Register for Free Access Zalando (XTRA: ZAL) 4Q18 and FY18 Results: Final Quarter Bounce Back, But Falling Basket Sizes and Rising Fulfilment Costs Remain ProblematicZalando reported a strong conclusion to the year with revenues up 24.6% year over year in 4Q18. 4Q18 adjusted EBIT came in comfortably ahead of expectations. Read More
Company Earnings Update | February 25, 2019 Register for Free Access Vipshop (NYSE: VIPS) 4Q18 Results: Active Customers Increase Thanks to WeChat Mini Programs, but Revenue Growth SlowsVipshop reported revenue of ¥26.1 billion for the fourth quarter of 2018, up 8.1% year over year. Revenue growth was driven by the increase in the number of total active customers and the apparel category. Gross profit for the quarter increased 2.8% year over year to ¥5.4 billion, while gross margin decreased 110 basis points to 20.6%. Read More
Event Coverage | February 22, 2019 Register for Free Access Countdown to Shoptalk 2019: Startup Pitch Competition Participants Profile, Part 3 — Tangiblee and RapitagThe Coresight Research team will attend and participate in Shoptalk 2019 March 3-6 in Las Vegas. The event brings together more than 8,000 attendees and more than 300 speakers to discuss rapid evolution of how consumers discover, shop and buy. Read More
Event Coverage | February 22, 2019 Register for Free Access Countdown to Shoptalk 2019: Startup Pitch Competition Participants Profile, Part 2 — Chatter and ShipsiThe Coresight Research team will attend and participate in Shoptalk 2019 March 3-6 in Las Vegas. The event brings together more than 8,000 attendees and more than 300 speakers to discuss rapid evolution of how consumers discover, shop and buy. Read More
Flash Report | February 13, 2019 Register for Free Access Ocado’s First Fully Automated Distribution Center Destroyed by Fire, Threatening Confidence in Its Robotics OfferingFire devastated UK online grocery retailer and technology provider Ocado Group’s first robotic distribution center in Andover, England, which handled 10% of total capacity. Read More
Insight Report | February 12, 2019 Premium New Retail Briefing #3: Walmart China Eyes Retail Innovation; A.S. Watson and Unilever Agree to New Retail PartnershipsWalmart China launched the Omega8 initiative in January 2019 to serve as a proof of concept (POC) platform that lets tech startups test newly designed technology applications in a real retail environment. Walmart reported over 50 startups signed up for the initiative. Walmart will train these companies in a variety of retail operation skills. Walmart said its existing 400 offline stores in China will act as testing grounds for startup technology before rolling out to mass market. This Omega8 initiative shows Walmart’s ambition of leveraging tech startups for its own digital innovation, and understanding of the Chinese market. Ben Hassing, Senior Vice President of Walmart China said, “Walmart has worked with many technology startups not only to propel our business in China, but also to understand the Chinese market and China in greater depth.” Read More
Insight Report | February 8, 2019 Premium Amazon Outpaces the UK and German E-Commerce Markets in 2018We estimate that Amazon grew U.K. revenues 23.3% in 2018, just below 2017’s growth of 24.9% and faster than total U.K. Internet retail sales growth of 14.5% in 2018. In Germany, Amazon revenues climbed 12.1% in 2018, according to our calculations. This compared to an estimated 9.4% increase in total Internet retail sales and Amazon Germany’s 17.5% growth in 2017. In 2018, Amazon captured a 31% share of U.K. Internet retail sales and a 47% share of German Internet retail sales, according to Euromonitor International estimates. Read More
Insight Report | February 5, 2019 Premium Alibaba vs. Amazon InfographicWe compare the brands and divisions of e-commerce and technology giants Alibaba and Amazon, from devices to content to logistics. Read More
Company Earnings Update | February 4, 2019 Register for Free Access Amazon (NASDAQ: AMZN) 4Q18 Results: Beats Consensus Estimates, Guidance Below ConsensusNorth America revenues were $44.1 billion, up 18.3% year over year, posting operating income of $1.7 billion, compared to a profit of $1.7 billion in the year-ago quarter. International revenues were $20.8 billion, up 15.5% year over year, posting an operating loss of $0.6 billion, compared to a loss of $0.9 billion in the year-ago quarter. AWS revenues were $7.4 billion, up 45.3% year over year, posting an operating profit of $2.2 billion, compared to $1.4 billion in the year-ago quarter. Read More
Insight Report | February 1, 2019 Premium Revised Foreign Direct Investment Policy to Rejig the E-Commerce Playing Field in IndiaOn December 26, 2018, the Indian government unexpectedly announced a revised FDI policy for e-commerce. Since 2010, when it first allowed 100% foreign investment in business-to-business e-commerce, international firms such as Amazon set up intricate joint-venture and holding company structures to cleverly navigate the Indian e-commerce landscape. Read More
Company Earnings Update | February 1, 2019 Register for Free Access Alibaba (NYSE: BABA) 3Q19 Results: Solid Growth Driven by Core Commerce and Cloud SegmentsManagement noted uncertainty around China’s economy but believes that new initiatives in cloud services and entertainment as well as global expansion will help offset the impact of China’s slowing economic growth. Southeast Asia remains one of the key areas of focus for the near term. Read More
Company Earnings Update | January 31, 2019 Register for Free Access eBay (NASDAQ: EBAY) 4Q18 and FY18 Results: Steady Growth, More Returns for ShareholderseBay reported revenues of $2.88 billion in 4Q18, up 6.3% year over year and beating the consensus estimate of $2.86 billion recorded by Bloomberg. GMV was $24.6 billion, up 1% as reported and 2% on a currency-neutral basis. Gross margin increased 31 basis points to 78.5% and operating margin decreased 82 basis points to 23.7%. Non-GAAP diluted EPS increased 20.3% to $0.71, beating consensus of $0.68. Read More
Insight Report | January 29, 2019 Premium New Retail Briefing # 2: Alibaba Steps Up Partnerships, NetEase Kaola Opens Flagship StoreAlibaba launched the “A100 Strategic Partnership” program in January 2019 to help partner brands digitalize by giving them access to resources within its ecosystem so participating brands can access Alibaba services in 11 areas to enhance online-offline business integration. Alibaba will also assign a dedicated team to serve each participating brand. Read More
Deep Dive | January 28, 2019 Free Report 10 Retail Trends for 2019: Get Ready for Retail ReinventionGet ready for better stores and better retailing. We expect 2019 to be a year of reinvention — and not just for the retail sector as a whole, but for physical stores in particular. As we outline over the following pages, we anticipate that the year will be marked by spectacular retail, fast retail and smart retail. Read More
Flash Report | January 28, 2019 Register for Free Access Super Bowl Retail Preview: US Shoppers to Spend $14.8 Billion on 2019 Game FestivitiesThe biggest spenders are those aged 35–44, who say they will spend an average of $123.26. The lowest are those 65 and older at $40.97. Viewers in the Northeast plan to spend the most, at an average $94.89, followed by the West at $84.01, the South at $79.09 and the Midwest at $69.24 — not surprising given the two teams playing are based in the Northeast and Southwest. Read More
