Event Presentation | June 20, 2017 Premium The Global Retail RevolutionRetailers should view the shopping experience as their customers do; as one all-encompassing experience, not separate channels and devices. Read More
Event Presentation | June 20, 2017 Premium Global Retail Revolution Brings Threats as well as OpportunitiesM&A chatter: • Nordstrom announced it is exploring a “going private” transaction (June 8, company press release) • American Eagle Outfitters is reported to be bidding for Abercrombie & Fitch with private equity firm Cerberus Capital Management (May 25, Reuters.com) • Deckers Brands announced that it is reviewing strategic alternatives (April 25, company press release) • The parent company of Jimmy Choo announced that it is reviewing strategic alternatives for the shoe brand (April 25, Bloomberg.com) • BJ’s Wholesale Club put itself up for sale in April (April 14, New York Post) Read More
Event Coverage | June 20, 2017 Register for Free Access Takeaways from Lululemon Athletica’s Presentation at the 2017 William Blair & Company Growth Stock ConferenceAt the 2017 William Blair & Company Growth Stock Conference in Chicago, Stuart Haselden, COO and CFO of Lululemon Athletica, outlined the company’s plan to reach revenues of $4 billion by 2020, doubling both revenues and earnings. The key growth drivers for reaching this goal include: Read More
Flash Report | June 20, 2017 Register for Free Access Amazon to Acquire Whole Foods Market for $13.7 Billion in CashAmazon announced the signing of a definitive agreement to acquire Whole Foods Market, including the company’s net debt, for $13.7 billion in cash. The transaction is expected to close in the second half of 2017. Read More
Company Earnings Update | June 19, 2017 Register for Free Access TESCO (LSE: TSCO) 1Q18 Update: Sixth Consecutive Quarter of UK Comp GrowthTesco reported total group sales (ex fuel) of 3.6% in 1Q18, or 0.8% at constant exchange rates. Read More
Flash Report | June 19, 2017 Register for Free Access Walmart to Acquire Bonobos for $310 Million in CashWalmart announced the signing of an agreement to acquire Bonobos, Inc., a leading apparel brand built on the Internet, for $310 million in cash. Read More
Company Earnings Update | June 16, 2017 Register for Free Access H&M (STO: HM-B) Monthly Sales Update: Weak Sales in MayH&M reported total sales rose by 4% year over year in local currencies in May 2017. This compares to year-over-year sales growth of 7% in April. Read More
Company Earnings Update | June 16, 2017 Register for Free Access Kroger (KR) 1Q17 Results: In-Line EPS; Company Lowers Guidance Due to Higher Inflation ExpectationsKroger reported 1Q17 adjusted EPS of $0.58, in line with the consensus estimate. Revenues were $36.3 billion, up 4.9% year over year and slightly above the $35.6 billion consensus estimate. Read More
Event Coverage | June 16, 2017 Register for Free Access New York Fashion Tech Lab (NYFTL) Tech Runway Demo Day 2017Fung Global Retail & Technology attended the New York Fashion Tech Lab’s (NYFTL’s) Tech Runway Demo Day 2017 in New York City on June 14. The event featured NYFTL’s fourth accelerator class of startups, which consisted of nine women-led companies. The startups’ various areas of focus include creating new ways for customers to shop, new ways for retailers to track engagement and new ways for retailers to communicate and engage with customers. Read More
Analyst Corner | June 16, 2017 Register for Free Access Weekly Insights Jun 16, 2017This week’s note “From the Desk of Deborah Weinswig” discusses the emergence of retail loyalty programs and how companies are increasingly using customer data to craft personalized offers Read More
Insight Report | June 15, 2017 Premium Top Three Takeaways from Loop Commerce’s “Shopping for Others: Unlocking a BlindSpot in Digital Commerce” EventOn June 13, the Fung Global Retail & Technology team attended a Loop Commerce event in New York entitled “Shopping for Others: Unlocking a Blind Spot in Digital Commerce.” Our top three takeaways were: Read More
Company Earnings Update | June 15, 2017 Register for Free Access Inditex (BME: ITX) 1Q17 Results: Continued Sales and Margin StrengthInditex reported 1Q17 revenues of €5.6 billion, an increase of 14.1% year over year and above analyst estimates. Constant currency sales increased 12.5% year over year in 1Q17, which ended April 30. Read More
Insight Report | June 15, 2017 Premium May 2017 US Retail Sales and TrafficTotal US retail sales for May declined by 0.3% month over month and amounted to $473.8billion. Results came in lower than the consensus estimate of a 0.1% decline. Read More
Insight Report | June 15, 2017 Premium May 2017 US Retail Sales and TrafficTotal US retail sales for May declined by 0.3% month over month and amounted to $473.8billion. Results came in lower than the consensus estimate of a 0.1% decline. Read More
Deep Dive | June 14, 2017 Premium Deep Dive: Retail X Factor— The US EconomyThis is the first report in our X Factor series in which we identify themes that we believe will be critical for the US retail landscape throughout 2017 and beyond. In this report, we look at the macroeconomic backdrop in the first quarter of 2017, and analyze the economic outlook and how this could impact retail for the rest of the year. Read More
