August 29, 2019 Company Earnings Update Register for Free Access Tiffany & Co. (NYSE: TIF) 2Q19 Results: Sales Miss but Management Reiterates FY19 GuidanceTiffany reported EPS of $1.12, down 4.3% but beating the consensus estimate of $1.04. Total revenue for the quarter declined 2.5% to $1.05 billion, missing the consensus estimate of $1.06 billion.
August 23, 2019 Deep Dive Premium Fashion Online to OfflineDriven by advancements in digital channels, digitally native retailers are adapting to consumer preferences – but are also opening brick-and-mortar stores.
August 16, 2019 Company Earnings Update Register for Free Access Tapestry (NYSE: TPR) 4Q19 Results: Coach and Stuart Weitzman Drive Results as Kate Spade Disappoints but Offers UpsideTapestry is focused on protecting Kate Spade brand in promotional outlet channel and increasing product differentiation and distinctive newness to drive conversion.
August 15, 2019 Store Tracker Databank Members Reviewing Year-to-Date US Store Closures and OpeningsIn this report, we review year-to-date announced store closures and openings in the US, by sector.
August 9, 2019 Company Earnings Update Register for Free Access Farfetch (NYSE: FTCH) 2Q19 Results: Strong Growth Driven by Platform GMVFarfetch reported 2Q19 revenues grew 42.7% to $209.3 million and active users increased 55.7% to 1.8 million. The company anticipates luxury will reshape itself to move to a direct-to-consumer model.
August 8, 2019 Company Earnings Update Register for Free Access Capri Holdings (NYSE: CPRI) 1Q20 Results: Revenue Misses Estimates, Reduces Revenue GuidanceCapri Holdings reported 1Q20 adjusted EPS of $0.95, above the $0.90 consensus estimate. Revenues increased 11.9% to $1.34 billion on a reported basis, missing the $1.37 billion estimate.
August 6, 2019 Company Earnings Update Register for Free Access Prada (SEHK: 1913) 1H19 Results: Sales Increase Slightly, In Line with Market Expectations In 1H19, Prada’s net revenue was €1.57 billion, up 1.9% year over year at a constant- currency basis. Net retail sales rose 2.4%, to €1.55 billion.
August 2, 2019 Store Tracker Databank Members Weekly US and UK Store Openings and Closures Tracker 2019, Week 31: Tractor Supply Company Opens More 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.
August 2, 2019 Deep Dive Premium US Retail Inventory Tracker, 1Q19Most Coresight 100 retailers witnessed a decline in consumer spending, which translated into poor sales and inventory buildup in comparison to the same quarter last year. Tariffs and strategic investments also drove inventory accumulation.
July 30, 2019 Insight Report Premium New Retail Briefing: Tmall Launches Offline Experiential Center to Connect Brands to ConsumersAlibaba’s flash sale and group buying platform Juhusuan introduced an updated version of Jutudi, an initiative to offer fresh farm produce at a lower price. Tmall launched an experiential center to invite brands to connect with customers offline.
July 29, 2019 Company Earnings Update Register for Free Access Kering (ENXTPA: KER) 1H19 Results: Double-Digit Sales and Earnings Gains Driven by GucciGucci and Saint Laurent drive solid Double Digit Sales and Earnings Gains
July 29, 2019 Company Earnings Update Register for Free Access LVMH (ENXTPA: MC) 1H19 Results: Strong Sales Propelled by Fashion & Leather Goods, and Asia RegionLVMH reported 15% 1H sales growth propelled by its fashion and leather goods business, which grew sales 21%.
July 26, 2019 Store Tracker Databank Members Weekly US and UK Store Openings and Closures Tracker 2019, Week 30: GNC Set to Close More 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 25, 2019 Deep Dive Premium Casualization Drives Growth in the US Menswear MarketGrowth in the $89B US menswear market is driven by demand for more casual apparel. Athletic menswear brands, Nike, Adidas, and Under Armour, are taking market share from traditional brands.
July 24, 2019 Deep Dive Premium Apparel Resale Goes MainstreamRecommerce and thrift shopping are going mainstream as consumers increasingly seek out value (both economic and ethics-based), clothing that expresses individuality and that is Instagrammable.
