Insight Report | January 15, 2019 Premium New Retail Briefing #1: JD.com and Alibaba RestructureOn December 21, 2018, JD.com announced it would restructure its operations with JD Mall, the company’s main revenue-generating unit. JD Mall will be divided into three business departments, including serving customers; business support services; and, infrastructure control and risk management. JD.com said in its announcement that the new structure will enable it to better focus on customers. JD Mall’s restructuring also aims to diversify its management team and assuage investors that Liu Qiangdong, JD’s founder and CEO, is not the only person driving decision-making at the company. Read More
Company Earnings Update | November 12, 2018 Register for Free Access Michael Kors (KORS) Fiscal 2Q19 Results: EPS Beats Consensus; Company Raises GuidanceMichael Kors reported that fiscal 2Q19 revenue increased by 9.3%, or $107.2million, including a $116.7 million contribution from Jimmy Choo. Michael Kors brand sales declined by 1%, to $1,137.1 million, driven by a 1.3% decrease in Michael Kors Wholesale revenue. Read More
Event Coverage | October 5, 2018 Register for Free Access Luxury Daily: State of Marketing 2018 – The Inside ViewThe Coresight Research team attended the Luxury Daily’s Luxury Marketing Forum. Our key takeaways include: Read More
Event Coverage | October 5, 2018 Register for Free Access Luxury Daily: State of Marketing 2018—The Inside ViewOn September 26, the Coresight Research team attended the Luxury Marketing Forum hosted by Luxury Daily, and our key takeaways from this event are: Read More
Event Presentation | October 1, 2018 Premium Retail Trends (Revionics)STRATEGIC ADVISORY- Custom research and advisory to identify, size and act on opportunities, provide actionable market insights, and craft retail strategies and recommendations. RESEARCH ANALYSIS- Coresight Research publishes more than 1,000 reports annually. Our in-depth, data-driven reports provide sector, regional and platform-specific analysis. Read More
Flash Report | September 26, 2018 Register for Free Access Michael Kors Holdings to Acquire Gianni Versace SpAMichael Kors (Kors) gained a foothold in the world of elite European fashion on Tuesday by striking a $2.12 billion deal to acquire Versace. Read More
Company Earnings Update | August 9, 2018 Register for Free Access Michael Kors (KORS) Fiscal 1Q19 Results: Company Beats Expectations and Raises GuidanceMichael Kors reported fiscal 1Q19 revenues of $1.20 billion, up 26.3% year over year and above the consensus estimate of $1.14 billion. Diluted EPS was $1.22, up 52.5% from the year-ago quarter and above the consensus estimate of $0.94. Read More
Company Earnings Update | July 25, 2018 Register for Free Access LVMH (ENXTPA: MC) 1H18 Results: Asia’s Shoppers Drive Another Standout PerformanceLVMH reported a stellar first half, with double-digit revenue growth, strong gross-margin gains and controlled increases in expenses resulting in a 29% jump in operating profit. Read More
Flash Report | July 19, 2018 Register for Free Access JD.com and L Catterton Asia Invest in Online Luxury Fashion Retailer SecooChina’s largest online retailer JD.com and consumer-focused, private-equity firm L Catterton Asia have invested $175 million in Secoo, the largest online luxury fashion retailer in China. Read More
Flash Report | May 31, 2018 Register for Free Access LVMH Continues Digital Push, Invests in Fashion Search Platform LystLVMH has led an investment in global fashion search platform Lyst. Read More
Company Earnings Update | May 31, 2018 Register for Free Access Michael Kors (KORS) 4Q18 and FY18 Results: Double-Digit Growth in Revenues and Expense Cuts Yield Recovery in ProfitsIn 4Q18, Michael Kors reported a 10.8% jump in revenues, a 14.5% uplift in gross profit and a 6.0% decline in operating expenses. Read More
Company Earnings Update | April 10, 2018 Register for Free Access LVMH (ENXTPA: MC) 1Q18 Trading Update: Organic Growth Accelerates as Shoppers Flock to Power BrandsLVMH Moët Hennessy Louis Vuitton reported adjusted organic revenue growth of 15% in 1Q18, a marked acceleration from 11% organic growth in 4Q17. Read More
Company Earnings Update | February 9, 2018 Register for Free Access Michael Kors (KORS) Fiscal 3Q18 Results: Beats on Top and Bottom Lines and Comps; Raises Guidance for Jimmy Choo AcquisitionMichael Kors reported adjusted fiscal 3Q18 EPS of $1.77, up 7.6% from $1.64 in the year-ago quarter and handily beating the $1.29 consensus estimate. Revenues were $1.44 billion, up 6.5% year over year and ahead of the $1.38 billion consensus estimate. Read More
Company Earnings Update | January 26, 2018 Register for Free Access LVMH (ENXTPA: MC) FY17 Results: Company Enjoys a Stronger-than-Expected Final QuarterLVMH reported FY17 revenues of€42.6 billion, beating the €42.3 billion consensus estimate due to 4Q17 revenues that came in 2% ahead of expectations. Read More
Insight Report | December 21, 2017 Premium Luxury Meets StreetwearThis report looks at the evolving relationship and collaboration between the distinct worlds of luxury goods & urban streetwear. Read More
