Burberry (LSE: BRBY) 1Q17 Results: Weak Tourist Spending Pressures Revenues
Burberry reported fiscal 1Q17 retail revenue of £423 million, unchanged year over year at constant currency.
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Showing 698 posts
Under Armour (UA) Turns on the Lights at New Lighthouse Facility
On June 28, Under Armour opened the UA Lighthouse, a center for manufacturing and design leadership, in Baltimore, Maryland.
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Top Ten Trends and Disruptors in Digital Beauty (Paris)
In-store tech can play a role in enhancing the experience, offering service, and bringing the information
consumers are used to getting online, into stores.
Future of Retail: Is It Coming Apart at the Seams? (RMS)
• Over the next 5 years US consumer spending is
forecasted to grow by 22%; non-essential
categories, including vacations and dining out, will
see the fastest growth, about 27% (Mintel)
• More than 3 in 4 millennials would choose to
spend money on a desirable experience
• Experiences are what people use to define
themselves across social channels
The Shoptalk Startup Pitch
• Fung Global Retail & Technology advises retailers, real estate developers, tech companies, and others on projects situated at the intersection of retail, tech and/or fashion
• Our team offers a robust knowledge bank and deep-rooted experience across the retail, fashion. and tech industries. We are involved in many areas of the business, which allows us to offer a unique perspective on the future and where the sector is heading.
American Eagle (AEO) 1Q16 Results: Strong Results in a Tough Environment
American Eagle Outfitters reported 1Q16 EPS of $0.22 versus the consensus estimate of $0.18.
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Top 25 Retail Trends
Top 25 Retail Trends
1. Store Traffic
2. Experiential Retail
3. Smart Malls
4. Retail Store Closings and Openings
5. Owning Grocery
6. Moving to Omni
7. Evolving Pure Plays
8. Winner-Take-All E-Commerce & More…..
AVON (AVP) 1Q16 Results: EMEA Growth Offset by Slowdown in Asia and Latin America
Avon reported 1Q16 revenues of $1.31 billion, down 16% year over year but up 2% in constant-currency terms and up 3% in constant currency excluding referrals. Adjusted EPS was $(0.07), missing the consensus estimate of $0.03.
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Under Armour (UA) Announces the Departure of Two Key Executives
Henry Stafford, Chief Merchandising Officer at Under Armour, will leave the company in July. Kip Fulks, Chief Marketing Officer, will assume the Chief Merchandising Officer responsibility on an interim basis.
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Coty (COTY) 3Q16 Results: Color Cosmetics Gains Offset Declines in Fragrance
Coty reported 3Q16 adjusted EPS of $0.09 versus the consensus estimate of $0.12.
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Retail Update
Obesity affects 1/3 of Americans; the
number of overweight women in the UK
increased from 49% to 57% between 1993
and 2013
• Beauty norms are changing—“real people”
models
• E-commerce and social media
• Plus-size wearers crave fashionable clothing
From Wall Street to Main Street (Global Retailing Conference)
• Large customer base + frequency of touchpoints =
big opportunity to leverage nonfood offering.
• In Europe, Tesco led the way in the
1990s –2000s
• Tesco has expanded beyond its grocery base by
cross-selling to its banking and mobile telecom
customers
Burberry (LSE: BRBY) 1H16 Results: In-Line Results Driven by Digital Channel Growth and Product Innovation
Burberry reported 1H16 revenue of £1.4 billion, down 1% from 1H15 but in line with the consensus estimate.
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Unilever (LSE: ULVR) 1Q16 Results: Solid Sales Growth and Share Gains Obscured by Currency Headwinds
Unilever reported 1Q16 revenues of €12.5 billion, down 2.0% year over year and below the consensus estimate of €12.8 billion. The decline was primarily driven by a negative currency impact of 7.1% that more than offset sales growth of 4.7%.
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CARAA: THE NEW HANDBAG THAT BRIDGES HIGH FASHION AND FUNCTIONALITY
We recently met with Aaron Luo, the CEO of Caraa, a luxury athletic handbag brand based in New York City. The company’s first product is a bag that fits into the metropolitan’s woman’s wardrobe by bridging high fashion and functionality. Luo spent some time with us to tell us about the vision behind Caraa and how he sees the brand evolving in the future.
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