Company Earnings Update | April 13, 2017 Register for Free Access Prada (HK:1913) FY16 Results: Very Tough Year, Although Trends Improved in Second HalfPrada reported revenue of €3,184 million for FY16, down 10.3% year over year and slightly higher than the consensus estimate of €3,182 million. Read More
Deep Dive | April 7, 2017 Premium Deep Dive: Luxury E-Commerce EvolutionWe are witnessing the proliferation of online multibrand retailers and aspirational fashion platforms. These companies provide global infrastructure and distribution for luxury brands such as YooxNet-A-Porter, Matchesfashion.com, Farfetch, and Mytheresa.com. Read More
Flash Report | April 5, 2017 Register for Free Access Burberry Abandons In-House Strategy and Licenses Beauty Business to CotyBurberry announced that it will once again license its makeup and fragrance brands, this time to Coty, following four years of in-house management. The move marks another major strategy reversal for the group. Read More
Company Earnings Update | March 20, 2017 Register for Free Access Tiffany & Co. (TIF) Fiscal 4Q16 Results: Revenue in Line With GuidanceTiffany & Co. reported fiscal 4Q16 adjusted EPS of $1.45, beating the consensus estimate of $1.38. Revenues increased by 1.3%, to $1.2 billion, which was in line with guidance. Read More
Company Earnings Update | March 15, 2017 Register for Free Access Salvatore Ferragamo (BIT: SFER) FY16 Results: Underpaces Luxury Rivals at the Top Line, Tax Benefit Boosts the Bottom LineItalian luxury leather goods and apparel firm Salvatore Ferragamo posted FY16 revenue growth of just 0.6%, broadly in line with consensus expectations. Read More
Event Presentation | March 7, 2017 Premium US Retail RevolutionGlobal Retail Trends 1. Democratization of Luxury 2. Amazon’s Impact on Apparel 3. Home and Big-Ticket Purchases Increasing 4. Beauty Spending Driven by the Selfie Culture 5. Brands Developing an Emotional Connection & More…. Read More
Company Earnings Update | March 2, 2017 Register for Free Access Luxottica (BIT: LUX) FY16 Results: Operating Profits Decline, But EPS Beats ExpectationsItalian eyewear manufacturer Luxottica reported FY16 adjusted EPS of €1.84, up 3.4% year over year and ahead of the consensus estimate of €1.80. Read More
Company Earnings Update | February 13, 2017 Register for Free Access Kering (ENXTPA: KER) FY16 Results: Strongest Revenue Increase in Last Five YearsFrench luxury group Kering reported FY16 revenue of €12.4 billion, up 6.9% year over year and above the analyst consensus estimate of €12.3 billion. At constant currency, revenues increased 8.1% year over year. Read More
Company Earnings Update | February 8, 2017 Register for Free Access Michael Kors (KORS) 3Q17 Results: Company Misses Expectations; Weak Guidance Points to ChallengesMichael Kors reported 3Q17 total revenue of $1.35 billion, down 3.2% from $1.40 billion in the year-ago quarter. EPS was $1.64, beating the consensus estimate of $1.63. Read More
Company Earnings Update | February 3, 2017 Register for Free Access Ralph Lauren (RL) 3Q17 Earnings: CEO Departure Announcement Overshadows 3Q ResultsRalph Lauren reported 3Q17 adjusted EPS of $1.86, beating the consensus estimate of $1.64. Revenues decreased by 12%, to $1.71 billion from $1.95 billion in the year-ago period, and were in line with guidance. Read More
Company Earnings Update | February 3, 2017 Register for Free Access Luxottica (BIT: LUX) Global Empire: M&A HistoryOver the past 20 years, Italy-based Luxottica has expanded through numerous acquisitions and grown into the world’s largest consumer eyewear frame manufacturer, with US$9.7 billion in annual sales and a market capitalization of US$26 billion. Read More
Company Earnings Update | February 1, 2017 Register for Free Access Luxottica (BIT: LUX) FY16 Trading Update: Solid Performance in Retail Segment Outweighs Weakness in WholesaleLuxottica reported that adjusted revenue in FY16 increased by 0.8% (1.9% at constant currency), to €9,086 million, which was slightly above the consensus estimate of €9,070 million. The company also announced an agreement to acquire 100% of Óticas Carol, one of the largest optical retail franchisors in Brazil. Read More
Flash Report | November 2, 2016 Register for Free Access COACH [COH] 1Q17 Results: EPS In-Line, Reports Double-Digit Earnings GrowthCoach reported adjusted 1Q17 EPS of $0.45, in-line with the $0.44 consensus estimate and up 8.9% year over year. Revenues were $1.04 billion, up 0.7% year over year but below the consensus estimate of $1.07 billion. Read More
Flash Report | October 11, 2016 Register for Free Access Samsung Joins the AI Race with Acquisition of Viv, an AI Assistant Platform DeveloperSamsung Electronics has acquired Viv Labs, a US-based startup that has developed an open artificial intelligence (AI) assistant platform. The startup was co-founded by the creators of Siri. Read More
Company Profile | August 22, 2016 Premium D’AUCHEL: A NEW WAY FOR CUSTOMERS TO EXPERIENCE PERSONAL LUXURY GOODSD’Auchel was founded by Olivier Dauchez, CEO, who launched the luxury French leather goods company in Hong Kong in August 2015. Read More
