US Retailers Ready to Cater to Chinese New Year Shoppers with Mobile Payments
Whats inside
Many Chinese tourists are currently preparing to travel overseas during the Lunar New Year celebration, which begins on February 16 …
MAGIC Las Vegas 2018: Key Takeaways from Day One
This week, the FGRT team is attending MAGIC Las Vegas 2018, one of fashion’s most comprehensive trade shows covering men’s, …
Under Armour (UAA) 4Q17 Results: EPS in Line with Expectations, Company Announces Further Restructuring Plans
Under Armour reported 4Q17 adjusted EPS of $0.00, in line with the consensus estimate. Total revenues were $1.37 billion, beating …
Retail Reworked - Part 3: The Future of Physical Stores - Four Areas of Opportunity
This report concludes our three-part Retail Reworked series, which considers changes in spending trends and consumer demand. As e-commerce skims …
L'Oréal (ENXTPA: OR) FY17 and 4Q17 Results: Chinese Demand for L’Oréal Luxe Products Supports Solid Comp Growth
L’Oréal reported FY17 net sales of €26,024 million, up 0.7% year over year but below the consensus estimate of €26,153 …
Hanesbrands (HBI) 4Q17 Results: EPS in Line, EPS Guidance Below Consensus
Hanes Brands reported 4Q17 adjusted EPS of $0.52, down 1.5% from $0.53 in the year-ago quarter and in line with …
Weinswig's Weekly February 9, 2018
This week’s note “From the Desk of Deborah Weinswig” takes a look at Amazon’s fourth-quarter and full-year earnings results, including …
Weekly Store Openings and Closures Tracker 2018, Week 6: Bon-Ton Files for Bankruptcy
FGRT tracks store openings and closures for a select group of retailers in the US and the UK.
Michael Kors (KORS) Fiscal 3Q18 Results: Beats on Top and Bottom Lines and Comps; Raises Guidance for Jimmy Choo Acquisition
Michael Kors reported adjusted fiscal 3Q18 EPS of $1.77, up 7.6% from $1.64 in the year-ago quarter and handily beating …
GameStop Names Company Veteran as New CEO
On February 6, GameStop appointed Michael Mauler as CEO, effective immediately.
Walmart’s Store No 8 Acquires Virtual Reality Startup Spatialand
Walmart’s technology incubator, Store No 8, has acquired virtual reality (VR) startup Spatialand.The financial terms of the deal were not …
Macy’s Launches Modest Fashion Line Verona Collection
Macy’s announced the launch of a modest clothing brand called Verona Collection.
Big Lots Names Stephen M. Haffer as Chief Customer Officer
On February 5, Big Lots announced the appointment of Stephen M. Haffer as Senior Vice President, Chief Customer Officer.
Hudson’s Bay Company Appoints CVS Health Executive Helena Foulkes as CEO
Hudson’s Bay Company (HBC) announced the appointment of Helena Foulkes as its new CEO, effective February 19.
Lululemon CEO Laurent Potdevin Resigns
Lululemon, the healthy lifestyle-inspired athletic apparel company announced that Laurent Potdevin has resigned as CEO and as a member of …
JD.com Partners with Fung Retailing to Transform Retail through AI
On February 2, JD.com, China’s leading online retailer, announced a partnership with Fung Retailing, the retail business arm of Hong …
Weinswig's Weekly February 2, 2018
This week’s note “From the Desk of Deborah Weinswig” discusses developments in the cashless convenience store landscape since Amazon first …
Weekly Store Openings and Closures Tracker 2018, Week 5: Bon-Ton to Close Five More Stores