Join Deborah Weinswig, Managing Director at Fung Global Retail & Technology, and Planalytics for a review of retail Q3 2016, an overview of the current business environment, and how we expect weather to influence consumers in North America during the upcoming holiday shopping season.
Topics covered on this webinar include:
-A review of the weather conditions and business impacts during retail Q3
-How weather will impact consumers during the 2016 holiday shopping season with a comparison to 2015
-Product categories that are likely to be boosted/hurt by the weather
-Temperature/Precipitation projections for various U.S./Canada regions and the businesses that will benefit from those conditions
Dr. Joseph Von Nessen's presentation from the Charleston Trident Association of Realtors' annual market update in January 2020. The presentation covers market activity in 2019 and offers a forecast for 2020.
Building Products and Materials Industry Insights - Q3 2015Duff & Phelps
Housing starts were up 11% in the first half of 2015 and were up slightly in July to the highest levels since October 2007. Household formations reached an all-time high in Q2 2015, which bodes well for construction activity. M&A activity in the building products and materials industry remains strong with 73 transactions completed in the first half of 2015. For more detail on housing trends, public market performance and deal activity, read the full report.
Dr. Joseph Von Nessen's presentation from the Charleston Trident Association of Realtors' annual market update in January 2020. The presentation covers market activity in 2019 and offers a forecast for 2020.
Building Products and Materials Industry Insights - Q3 2015Duff & Phelps
Housing starts were up 11% in the first half of 2015 and were up slightly in July to the highest levels since October 2007. Household formations reached an all-time high in Q2 2015, which bodes well for construction activity. M&A activity in the building products and materials industry remains strong with 73 transactions completed in the first half of 2015. For more detail on housing trends, public market performance and deal activity, read the full report.
This presentation provides analysis of GDP (Gross Domestic Product) for Canada. The presentation will highlight areas like consumer spending, exports, government spending and other areas.
Building Products and Materials Industry Insights - Q1 2015Duff & Phelps
M&A activity in the building products and materials industry was up nearly 20% in 2014 with further consolidation expected in 2015. The consumer confidence index is at a seven-year high and mortgage rates are at a 20-month low, both of which bode well for an increase in the homeownership rate. For more detail on housing trends, public market performance and deal activity, read the report.
Indian equity market performance in election year - challenges and driversNiteen S Dharmawat
I did this analysis about 7 months ago on pre-election year performance of the market. The market was hovering around 18500-19000 levels that time. Many were predicting that it will go down to 12,000. However, it went off exactly I talked about in my presentation. The market as of today has crossed 21,000 giving cool 12% absolute return or 20% annualized returns.
UK retail sales in Q1 likely contracted from Q4 2016, despite their rebound in February.
Falling real wages and slowing household borrowing are likely to further dampen retail sales and consumption growth going forward.
The still large pool of available workers is seemingly limiting their wage-bargaining power, with nominal wage growth falling behind rising inflation.
Moreover, investment growth is still only making a negligible contribution to GDP growth ahead of the British government’s decision to trigger Article 50 on 29th March.
Much of the rise in inflation in recent months is attributable to imported inflation driven by Sterling’s depreciation since November 2015 with little evidence of demand-led inflation.
This situation is reminiscent of 2007-2008 when Sterling’s collapse fuelled imported and in turn headline inflation.
Should Sterling remain broadly unchanged going forward, its year-on-year pace of depreciation, currently around 9%, would slow from June onwards and hit zero towards end-year according to my estimates, in turn dampening imported inflation.
I would expect retailers to stabilise prices to maintain market share in the face of tepid demand and for wage-inflation expectations to remain modest. This was certainly the case in the 12 months to September 2009 with CPI-inflation falling from 5.2% yoy to 1.1% yoy.
The question is whether the BoE is willing to look beyond a potentially temporary rise in UK inflation – as Governor Mark Carney suggested – or whether it tries to short-circuit any self-reinforcing rise in prices.
My base-line scenario is that the BoE will look beyond the current rise in UK inflation, unless at least one of three conditions materialise:
(1) Nominal wage growth accelerates, comfortably outstripping headline inflation and driving consumption growth;
(2) Commercial bank lending picks up significantly; and
(3) Sterling depreciates materially from current levels, exacerbating imported and in turn headline inflation.
I expect that neither (1) or (2) will materialise any time soon and that while risks to Sterling are probably to the downside, Sterling is unlikely to weaken sufficiently to push the BoE into hiking. I would however expect it to keep a possible rate hike firmly on the table.
Highlights
• 6.1% growth in 2009-10Q1, drought restricts potential ahead
• Construction and services power growth while manufacturing picks up
• Need to target rabi crop as monsoon deficit stands currently at 25%
• Growth estimated at 6.6% this fiscal, inflation bigger worry
• While food price pressure will ease by winter, commodities set to rise e.g steel
India: Kal, aaj aur kal
Throughout the gloom of last year, we have been optimistic about the growth in India, our estimates of more than 6% growth this year were amongst the highest while finance whizzes were busy forecasting dire numbers in the range of 4-6%. In our January newsletter we had said that by the second half of this year, there would be an overall improvement. We had also cautioned that a deflationary situation that was being discussed was of little import here where inflation would be the prime worry. As the months passed and the revival became more apparent, estimates were rapidly revised upwards, both of growth and inflation. Though some find this surprising, we maintain, that this was all predictable, as was the downturn, and as is the inflationary environment in coming months.
As we go ahead, growth will show ‘surprising’ levels, e.g. the IIP numbers can get close to 10% - on the back of low base of last year, electricity and mining are doing better this year, vehicle sales are soaring with domestic festival demand etc. We see no reason to cheer though. The past year has taken a heavy toll on the finances of the government and investment plans in the private sector, consumer confidence has also been hit hard, while inflation has eaten gaping holes in the common man’s wallet. Moreover, the true impact of the poor monsoon will be known only by the year end. The financial sector types meanwhile are having a field day once more, rapidly pushing up spirits and stock markets. Some are even getting into debates on whether this slowdown would take the shape of a V, U, W, or the Riemann’s zeta function, as Bloomberg columnist Moynihan quipped.
It is important to remember though that the ‘green shoots’ which are growing tall now have sprung up in response to fiscal stimuli and rate cuts worldwide, not through any change in fundamental factors. Work is on towards changing standards of regulation and supervision internationally, but these will take time to be implemented. In the meanwhile, we have to point out that we are now tired of stressing on one issue - that such high levels of expenditures, in India and abroad, are inflationary whatever way one tries to handle it. Expectedly, the rational components of financial markets recognize this problem and we are seeing significant upward pressure on interest rates. This is a natural outcome of government over-spending.
There is a possibility that to get around this problem this government may try to borrow from abroad. And if that happens on a large enough scale, the final degree of freedom that the government will have, would have been used up. We therefore do not support such an initiative, despite its short term advantages of keeping upward interest rate pressures under check. Note that India has done something similar in the past (during the Rajiv Gandhi years) when it borrowed internationally and spent on unproductive activities. For a few years things looked very good, but pressures were building. The ruling conglomeration in the post Rajiv Gandhi years just did not have the ability to handle the pressures so generated. We all know the final outcome.
At the end of the day we cannot spend this much without paying for it one way or another. And it is better to pay by way of lower investment, higher interest and prices, rather than macro-economic instability. But the first best solution remains the same - don’t spend on unproductive activities please.
PS. Please visit our new homepage for interactive time series graphs of economic indicators
2014 Economic Outlook (Michael Brown, Wells Fargo)PublicFinanceTV
"Economic Outlook for 2014 and Beyond" presented by Michael Brown, Economist with Wells Fargo Securities, on December 13, 2013, at the Winter 2013 NCLGBA Conference, Asheville, NC.
Total nonfarm payroll employment increased by 128,000 jobs in October. Job growth has averaged 167,000 per month thus far in 2019, compared with an average monthly gain of 223,000 in 2018. Employment declined in motor vehicles and parts manufacturing due to strike activity. Federal government employment was also down, reflecting a drop in the number of temporary jobs for the 2020 Census.
Did you know total nonfarm payroll employment fell by 701,000 in March 2020, measuring the effects of COVID-19 and efforts to contain it? Employment in leisure and hospitality fell by 459,000, mainly in food services and drinking places. Notable declines also occurred in health care and social assistance, professional and business services, retail trade, and construction.
2017 Annual Economic Outlook - Lee McPhetersShay Moser
How will the Trump economy affect Arizona? At the Annual Economic Outlook Luncheon, you'll find out the impact of the new minimum wage law on Arizona job creation, learn where unemployment is lowest around the Valley, and take a look at the industries driving Arizona economic growth at mid-year 2017. Lee McPheters from ASU's W. P. Carey School of Business addresses all the big issues and provides your first look at the local economy in 2018.
Lee McPheters, economics professor and director of the JPMorgan Chase Economic Outlook Center at the W. P. Carey School, presents at the Arizona State University/JPMorgan Chase Economic Forecast Luncheon on December 5, 2016
1) The majority of US consumers have purchased apparel both online and offline, however, brick-and-mortar is still the dominant transaction channel.
2) In fact, US consumers’ attitude towards fashion and their purchase behavior has changed little over the past five years.
3) We expect brick-and-mortar to remain the dominant store format for US apparel and footwear retail in the near future.
4) As retailers have shifted their budgets to digital advertising, the influence of all major media channels has decreased in the past five years, except for social media and mobile video.
5) Among millennials, the influence of social media on apparel purchases is on par with traditional media like TV and magazines.
This presentation provides analysis of GDP (Gross Domestic Product) for Canada. The presentation will highlight areas like consumer spending, exports, government spending and other areas.
Building Products and Materials Industry Insights - Q1 2015Duff & Phelps
M&A activity in the building products and materials industry was up nearly 20% in 2014 with further consolidation expected in 2015. The consumer confidence index is at a seven-year high and mortgage rates are at a 20-month low, both of which bode well for an increase in the homeownership rate. For more detail on housing trends, public market performance and deal activity, read the report.
Indian equity market performance in election year - challenges and driversNiteen S Dharmawat
I did this analysis about 7 months ago on pre-election year performance of the market. The market was hovering around 18500-19000 levels that time. Many were predicting that it will go down to 12,000. However, it went off exactly I talked about in my presentation. The market as of today has crossed 21,000 giving cool 12% absolute return or 20% annualized returns.
UK retail sales in Q1 likely contracted from Q4 2016, despite their rebound in February.
Falling real wages and slowing household borrowing are likely to further dampen retail sales and consumption growth going forward.
The still large pool of available workers is seemingly limiting their wage-bargaining power, with nominal wage growth falling behind rising inflation.
Moreover, investment growth is still only making a negligible contribution to GDP growth ahead of the British government’s decision to trigger Article 50 on 29th March.
Much of the rise in inflation in recent months is attributable to imported inflation driven by Sterling’s depreciation since November 2015 with little evidence of demand-led inflation.
This situation is reminiscent of 2007-2008 when Sterling’s collapse fuelled imported and in turn headline inflation.
Should Sterling remain broadly unchanged going forward, its year-on-year pace of depreciation, currently around 9%, would slow from June onwards and hit zero towards end-year according to my estimates, in turn dampening imported inflation.
I would expect retailers to stabilise prices to maintain market share in the face of tepid demand and for wage-inflation expectations to remain modest. This was certainly the case in the 12 months to September 2009 with CPI-inflation falling from 5.2% yoy to 1.1% yoy.
The question is whether the BoE is willing to look beyond a potentially temporary rise in UK inflation – as Governor Mark Carney suggested – or whether it tries to short-circuit any self-reinforcing rise in prices.
My base-line scenario is that the BoE will look beyond the current rise in UK inflation, unless at least one of three conditions materialise:
(1) Nominal wage growth accelerates, comfortably outstripping headline inflation and driving consumption growth;
(2) Commercial bank lending picks up significantly; and
(3) Sterling depreciates materially from current levels, exacerbating imported and in turn headline inflation.
I expect that neither (1) or (2) will materialise any time soon and that while risks to Sterling are probably to the downside, Sterling is unlikely to weaken sufficiently to push the BoE into hiking. I would however expect it to keep a possible rate hike firmly on the table.
Highlights
• 6.1% growth in 2009-10Q1, drought restricts potential ahead
• Construction and services power growth while manufacturing picks up
• Need to target rabi crop as monsoon deficit stands currently at 25%
• Growth estimated at 6.6% this fiscal, inflation bigger worry
• While food price pressure will ease by winter, commodities set to rise e.g steel
India: Kal, aaj aur kal
Throughout the gloom of last year, we have been optimistic about the growth in India, our estimates of more than 6% growth this year were amongst the highest while finance whizzes were busy forecasting dire numbers in the range of 4-6%. In our January newsletter we had said that by the second half of this year, there would be an overall improvement. We had also cautioned that a deflationary situation that was being discussed was of little import here where inflation would be the prime worry. As the months passed and the revival became more apparent, estimates were rapidly revised upwards, both of growth and inflation. Though some find this surprising, we maintain, that this was all predictable, as was the downturn, and as is the inflationary environment in coming months.
As we go ahead, growth will show ‘surprising’ levels, e.g. the IIP numbers can get close to 10% - on the back of low base of last year, electricity and mining are doing better this year, vehicle sales are soaring with domestic festival demand etc. We see no reason to cheer though. The past year has taken a heavy toll on the finances of the government and investment plans in the private sector, consumer confidence has also been hit hard, while inflation has eaten gaping holes in the common man’s wallet. Moreover, the true impact of the poor monsoon will be known only by the year end. The financial sector types meanwhile are having a field day once more, rapidly pushing up spirits and stock markets. Some are even getting into debates on whether this slowdown would take the shape of a V, U, W, or the Riemann’s zeta function, as Bloomberg columnist Moynihan quipped.
It is important to remember though that the ‘green shoots’ which are growing tall now have sprung up in response to fiscal stimuli and rate cuts worldwide, not through any change in fundamental factors. Work is on towards changing standards of regulation and supervision internationally, but these will take time to be implemented. In the meanwhile, we have to point out that we are now tired of stressing on one issue - that such high levels of expenditures, in India and abroad, are inflationary whatever way one tries to handle it. Expectedly, the rational components of financial markets recognize this problem and we are seeing significant upward pressure on interest rates. This is a natural outcome of government over-spending.
There is a possibility that to get around this problem this government may try to borrow from abroad. And if that happens on a large enough scale, the final degree of freedom that the government will have, would have been used up. We therefore do not support such an initiative, despite its short term advantages of keeping upward interest rate pressures under check. Note that India has done something similar in the past (during the Rajiv Gandhi years) when it borrowed internationally and spent on unproductive activities. For a few years things looked very good, but pressures were building. The ruling conglomeration in the post Rajiv Gandhi years just did not have the ability to handle the pressures so generated. We all know the final outcome.
At the end of the day we cannot spend this much without paying for it one way or another. And it is better to pay by way of lower investment, higher interest and prices, rather than macro-economic instability. But the first best solution remains the same - don’t spend on unproductive activities please.
PS. Please visit our new homepage for interactive time series graphs of economic indicators
2014 Economic Outlook (Michael Brown, Wells Fargo)PublicFinanceTV
"Economic Outlook for 2014 and Beyond" presented by Michael Brown, Economist with Wells Fargo Securities, on December 13, 2013, at the Winter 2013 NCLGBA Conference, Asheville, NC.
Total nonfarm payroll employment increased by 128,000 jobs in October. Job growth has averaged 167,000 per month thus far in 2019, compared with an average monthly gain of 223,000 in 2018. Employment declined in motor vehicles and parts manufacturing due to strike activity. Federal government employment was also down, reflecting a drop in the number of temporary jobs for the 2020 Census.
Did you know total nonfarm payroll employment fell by 701,000 in March 2020, measuring the effects of COVID-19 and efforts to contain it? Employment in leisure and hospitality fell by 459,000, mainly in food services and drinking places. Notable declines also occurred in health care and social assistance, professional and business services, retail trade, and construction.
2017 Annual Economic Outlook - Lee McPhetersShay Moser
How will the Trump economy affect Arizona? At the Annual Economic Outlook Luncheon, you'll find out the impact of the new minimum wage law on Arizona job creation, learn where unemployment is lowest around the Valley, and take a look at the industries driving Arizona economic growth at mid-year 2017. Lee McPheters from ASU's W. P. Carey School of Business addresses all the big issues and provides your first look at the local economy in 2018.
Lee McPheters, economics professor and director of the JPMorgan Chase Economic Outlook Center at the W. P. Carey School, presents at the Arizona State University/JPMorgan Chase Economic Forecast Luncheon on December 5, 2016
1) The majority of US consumers have purchased apparel both online and offline, however, brick-and-mortar is still the dominant transaction channel.
2) In fact, US consumers’ attitude towards fashion and their purchase behavior has changed little over the past five years.
3) We expect brick-and-mortar to remain the dominant store format for US apparel and footwear retail in the near future.
4) As retailers have shifted their budgets to digital advertising, the influence of all major media channels has decreased in the past five years, except for social media and mobile video.
5) Among millennials, the influence of social media on apparel purchases is on par with traditional media like TV and magazines.
DESIGN:RETAIL FORUM: In-Store Technology As Retailtainment: Bright Shiny Obje...Deborah Weinswig
Retailers have invested in a variety of digital store technologies ranging from interactive displays and virtual dressing rooms to in-store customization and smart shelves. As consumers increasingly turn to e-commerce, retailers must create a unique in-store experience to maintain footfall. This presentation will address the following questions: What will be the overall potential impact of implementing these technologies? What are the challenges of implementing such technologies? And what is the impact on customer experiences in both the short and long term?
60 Second Binary Options Strategy: the complete guideTrade Opus
Complete strategy guide to trading binary options. Use 60 second binary options trading for maximum profit in minimum time. No experience needed. Includes binary options guide and 60 second trading and successful option trading strategies.Avoid common trading mistakes and learn to trade forex, stocks and commodities successfully today.
A talk Marc gave at the UI20 conference in Boston, November the 3rd, 2015.
Smaply: www.smaply.com
ExperienceFellow: www.experiencefellow.com
This is Service Design Thinking: www.thisisservicedesignthinking.com
This is Service Design Doing: www.thisisservicedesigndoing.com
Content:
1. The typology of journey maps
2. Customer experience research
3. Prototyping services
4. Service design and start-ups
1. Favorable Macro Backdrop
2. Overview: Optimistic About Holiday 2016
3. E-Commerce Driving Holiday Growth
4. A Very Mobile Holiday Season
5. E-Commerce: What Do Consumers Respond To?
6. Holiday Hiring Projected to Be Up Slightly; Clear Shift Toward E-Commerce
7. Thanksgiving Day Shopping Will Remain Popular
8. Black Friday: Could It Be Dethroned?
9. Singles’ Day Will Capture More Early-Bird Online Shoppers in the US
10. More Favorable Holiday Calendar
11. Presidential Election Impact
12. Holiday Shopping Themes
13. Holiday Fashion Trends
14. Hot Holiday Tech Giftables
15. Fung Global Retail & Technology’s Hot Toys for 2016
Annie Williams Real Estate Report - March 2019Jon Weaver
2019 is slated to produce a long list of multibillion-dollar IPOs from San Francisco Bay Area heavyweights like Lyft, Uber, Palantir, Pinterest, Airbnb, Slack, Postmates, and Instacart. The result will be a massive and sudden injection of liquid cash into a region already infamous for having the nation’s priciest real estate, according to Patrick Howell O'Neill, writing for Gizmodo.
One of the projections in his article is the IPOs will produce 211 techie buyers to purchase property above $10 million, while thousands more are expected to buy above $1 million.
Annie Williams Real Estate Report Sept-Oct 2016Annie Williams
It looks like the market is moderating after the frenzy of last year. The sales price to list price ratio for homes, which is a good indicator of demand, while still over 100%, has gone from being over 110% for most of last year to under 110% for most of this year.
This presentation will look at both employment and wages by sector. The presentation will give you good idea of the pay scales by sector including wage growth.
Annie Williams Real Estate Report - April 2019Jon Weaver
The real estate market in San Francisco is beginning to heat up for three reasons. First, spring is when the market typically becomes more active. Two, mortgage rates are at 15-month lows. Third, IPOs have started creating instant millionaires.
Q2 Recap & Back-to-School Webcast with PlanalyticsDeborah Weinswig
This webcast is a review of retail Q2 2016 and an outlook for the Back-to-School season.
Topics covered on this webinar include:
• A review of the weather conditions and business impacts during retail Q2
• A walk-through of the overall retail environment and developments throughout the quarter
• An outlook through the Back-to-School/Early Fall Season
• Overview of the Back-to-School/Fall Categories that will be the most impacted by weather
• Examine the North America regions which have opportunity and risk in the early Fall Season
Annie Williams Real Estate Report - Jan 2016Jon Weaver
Jonathan Smoke, chief economist of realtor.com, and his team carried out the data analysis and identified the top 20 medium-to-large markets where homes are moving fastest and interest
(based on listing views on realtor.com) is highest. At the top of the list, for the second month in a row, is San Francisco, followed by its sister Bay Area city San Jose.
Annie Williams Market Report May-June 2016Jon Weaver
The median price for lofts/townhomes surged 15% in April from March. It was up 4.5% year-over-year. The average price just missed tying the all-time high by $500. After an incredible rise in sales of both singlefamily, re-sale homes and lofts/townhomes in March, sales declined in April, which is unusual. But, there's just not a lot of inventory. Combine that
with the incredible demand, and it's no wonder prices are surging.
Annie Williams Market Trends June-July 2016Jon Weaver
Sales of single-family, re-sale homes jumped dramatically in May. They were up 53.5% from April and 48.3% year-over-year. The 304 home sales were the most for any month since 305 homes were sold in November 2004. Year-to-date, home sales are down 8.9% while condo sales are down 6.9%.
Annie Williams Real Estate Report - November 2019Jon Weaver
Sales prices for condos/townhomes set a new high for the second month in a row. The median sales price for condos/townhomes was up 12.8% year-over-year. It was up 3.8% from September. The average sales price for attached homes gained 10.6% year-over-year. It was up 2.7% from September.
e-forecasting.com's review of the US and global economic environment, using our real-time indicators, leading indicators and long term forecast projections to give a comprehensive review of conditions.
Overview – Retail Sales Looking Brighter for Back-to-School
2Q Update – Earnings Scorecards; Consumer Discretionary Leads Growth
July Same-Stores Sales Somewhat Mixed
Back-to-School Drives July Traffic to Best Month of Calendar Year
Back-to-School Outlook; Solid Forecast, Room for Upside
Category Spend; School Supplies and Clothing Highest Growth
Finding Dollars in New Places
Where Consumers Plan to Shop – Discount Stores & Online
Shopping and Advertising Starting Earlier
Fashion Trends
Calendar Impact
2016 Second Half Predictions
Macro Outlook
ICSC—Texas New Techies: A Retail Startup Pitch CompetitionDeborah Weinswig
- A startup pitch competition is a session where entrepreneurs with innovative business ideas can boost awareness of their products and ideas and convince potential investors to invest in their company.
- Each company will have five minutes to present, followed by a 75-second Q&A session today.
US 2016 Holiday Homestretch: Performance to Date Bodes Well for HolidayDeborah Weinswig
1. Holiday Homestretch: Performance to Date Bodes Well for Holiday
2. Holiday Shopping Season Lengthened
3. Some Retailers Shut their Doors on Thanksgiving
4. Thanksgiving/Black Friday Store Traffic Declined Modestly, but Showed Improvement over Recent Years
5. Black Friday Online Sales Hit Record, Mobile Drove Growth
6. Comments from Retailers on Black Friday Results
7. Cyber Monday Set Online Sales Record
8. Amazon Won Cyber Weekend Again
9. Thanksgiving Weekend: E-Commerce’s Share of Holiday Spending Increased
10. Cyber Monday Becomes Cyber Week
11. Sales by Region: Thanksgiving Day Through Cyber Monday
12. With the Bulk of Major Shopping Days Still Ahead, Expect a Last-Minute Rush of Holiday Shoppers
13. Post–Black Friday Drop-Off in Traffic Seen in Last Few Weeks Is Normal
14. Online Traffic Remained Strong in Early December Despite Expected Post–Black Friday Drop-Off
15. Holiday Promotions Generally Consistent with Last Year, Not as Deep as Black Friday’s
16. Retailers Should Take a Holistic View of Consumers to Be Successful
17. Holiday Themes: Fashion Trends
18. Positive Holiday Calendar
19. Favorable Macro Backdrop
US 2016 Holiday Wrap-Up: Successful Season Driven by a Late-December SurgeDeborah Weinswig
1. Holiday Wrap-Up: Season Was a Success, Driven by a Last-Minute Surge of Shoppers
2. Consumers Were Willing to Wait for the Best Deals, Which Resulted in a Last-Minute Rush in Sales
3. Favorable Holiday Calendar; Day Before Christmas Was a Saturday
4. Cold Weather Caused an Uptick in Outerwear Sales
5. Holiday Online Sales Growth Outpaced In-Store Sales Growth
6. Retailers Managed Online/Offline Balance Better than in Years Past
7. Amazon Won with Its “Best Ever” Holiday Season
8. In-Store Traffic Increased When Online Delivery Window Closed
9. Not Everybody Won—Department Store Sales Growth Was Less Robust and Apparel Struggled amid Discounting
10. This Season’s Best-Sellers: Tech-Related Products
11. Traffic Momentum Continued After Christmas
12. National Returns Day, January 5, Expected to Draw 1.3 Million Package Returns
13. Brick-and-Mortar Stores See Returns as an Opportunity to Drive Sales
14. Favorable Macro Backdrop
It’s no secret that the marketing landscape is growing increasingly complex, with numerous channels, privacy regulations, signal loss, and more. One of the biggest problems facing marketers today is that they’re experiencing data deluge and data drought simultaneously.
Bliss Point by Tinuti addresses these challenges by providing a single, user-friendly platform for measuring what marketers previously struggled to measure. With Bliss Point, you can move beyond simply validating past actions and instead use measurement to guide real-time decision-making on what should happen next.
Join our product experts for a live demonstration of Bliss Point. Discover how it can empower your brand with the tools and insights needed to optimize each channel, across your entire media mix, and your overall brand performance.
The Future of E-commerce: first-hands insights.Solvd, Inc.
According to Statista, revenue in the e-commerce market is projected to reach US$4,117.00bn in 2024. New technologies and methodologies constantly influence how the e-commerce market develops and shapes itsthe future of e-commerce. The main questions are in the air: How can we stay aligned with e-commerce business owners and ensure our engineering services meet their evolving needs?
At Solvd, this question prompted a deep dive into the current e-commerce landscape. Our goal was to get information about the future of e-commerce directly from first-hand sources. In the course of our research, we explored:
- Portrait of respondents.
- Current challenges and pain points of the e-commerce industry.
- Emerging trends and upcoming opportunities.
- Human resource allocation for e-commerce projects.
- Solutions and actionable advice for business owners.
- The role of a reliable partner in problem-solving.
Explore, download, and share invaluable insights made by Solvd!
1. Q3 2016 RECAP & HOLIDAY PREVIEW
WEBCAST
Evan Gold
Executive Vice President
Global Services
Deborah Weinswig
Executive Director
Head of Global Retail & Technology
11. DEBORAH WEINSWIG
MANAGING DIRECTOR, FUNG GLOBAL RETAIL & TECHNOLOGY
DEBORAHWEINSWIG@FUNG1937.COM US: 646.839.7017 HK: 852.6119.1779 CN: 86.186.1420.3016
US 2016 HOLIDAY
PREVIEW
11
DEBORAH WEINSWIG
MANAGING DIRECTOR
FUNG GLOBAL RETAIL & TECHNOLOGY
OCTOBER 28, 2016
12. DEBORAH WEINSWIG
MANAGING DIRECTOR, FUNG GLOBAL RETAIL & TECHNOLOGY
DEBORAHWEINSWIG@FUNG1937.COM US: 646.839.7017 HK: 852.6119.1779 CN: 86.186.1420.3016
Agenda
1. Favorable Macro Backdrop
2. Overview: Optimistic About Holiday
2016
3. E-Commerce Driving Holiday
Growth
4. A Very Mobile Holiday Season
5. E-Commerce: What Do Consumers
Respond To?
6. Holiday Hiring Projected to Be Up
Slightly; Clear Shift Toward E-
Commerce
7. Thanksgiving Day Shopping Will
Remain Popular
12
8. Black Friday: Could It Be
Dethroned?
9. Singles’ Day Will Capture More
Early-Bird Online Shoppers in the US
10. More Favorable Holiday Calendar
11. Presidential Election Impact
12. Holiday Shopping Themes
13. Holiday Fashion Trends
14. Hot Holiday Tech Giftables
15. Fung Global Retail & Technology’s
Hot Holiday Toys List
13. DEBORAH WEINSWIG
MANAGING DIRECTOR, FUNG GLOBAL RETAIL & TECHNOLOGY
DEBORAHWEINSWIG@FUNG1937.COM US: 646.839.7017 HK: 852.6119.1779 CN: 86.186.1420.3016
1. Favorable Macro Backdrop
Indicator Period 2016 2015
YoY %
Change
Impact on
Consumption
Gas Price (USD per Gallon) Sep $2.33 $2.46 (5.28)% +
Unemployment Rate Sep 5.0% 5.1% (0.1)% +
Wage Growth Sep $21.68 21.63% 2.6% +
Disposable Income Aug 0.1% 0.4% (0.3)% –
S&P CoreLogic Case-Shiller
20-City Composite Home
Price NSA Index
Aug 188.2 179.0 5.1% +
University of Michigan Index
of Consumer Sentiment
Sep 91.2 87.2 4.6% +
Source: US Bureau of Labor Statistics/US Energy Information Administration/US Bureau of Economic Analysis/S&P Dow Jones/University of Michigan
13
14. DEBORAH WEINSWIG
MANAGING DIRECTOR, FUNG GLOBAL RETAIL & TECHNOLOGY
DEBORAHWEINSWIG@FUNG1937.COM US: 646.839.7017 HK: 852.6119.1779 CN: 86.186.1420.3016
1. Favorable Macro Backdrop
• Gas prices were down more than 5% year over year in September
• Consumer confidence hit 91.2 in September, up 4.6% year over year
• The US unemployment rate was 5% in September, 0.1% lower than in
September 2015
• Private sector wages rose by 2.6% year over year in September
• Disposable income growth softened to 0.1% in August (adjusting for inflation),
following a 0.3% increase in the prior month
• Home prices continued to rise moderately, supported by low mortgage rates
and a shortage of supply
• Inflation/deflation
– Apparel prices are below the average inflationary level
– Food prices flattened out in August, reaching levels unseen since 2009/2010
14
Source: US Energy Information Administration/International Monetary Fund/Rhodium Group
15. DEBORAH WEINSWIG
MANAGING DIRECTOR, FUNG GLOBAL RETAIL & TECHNOLOGY
DEBORAHWEINSWIG@FUNG1937.COM US: 646.839.7017 HK: 852.6119.1779 CN: 86.186.1420.3016
1. Favorable Macro Backdrop: Consumers Slightly More
Optimistic as Gas Prices Level Off
• Gas prices were $2.33 per gallon in September, down more than 5% from a
year ago
• Low gas prices continue to curb the inflation rate
$2.33
$1.00
$1.50
$2.00
$2.50
$3.00
Nov 14 Jan 15 Mar 15 May 15 Jul 15 Sep 15 Nov 15 Jan 16 Mar 16 May 16 Jul 16 Sep 16
Retail Gasoline Prices (USD per Gal.)
15
Source: US Energy Information Administration
16. DEBORAH WEINSWIG
MANAGING DIRECTOR, FUNG GLOBAL RETAIL & TECHNOLOGY
DEBORAHWEINSWIG@FUNG1937.COM US: 646.839.7017 HK: 852.6119.1779 CN: 86.186.1420.3016
1. Favorable Macro Backdrop: Consumer Sentiment
Climbs in September
• The University of Michigan’s Index of Consumer Sentiment hit 91.2 in
September, up 4.6% year over year and up from 89.8 in August
• Confidence edged upward due to gains among higher-income households
91.2
30
50
70
90
110
06 07 08 09 10 11 12 13 14 15 16
University of Michigan Index of Consumer Sentiment
16
Through September 30, 2016
Source: University of Michigan
17. DEBORAH WEINSWIG
MANAGING DIRECTOR, FUNG GLOBAL RETAIL & TECHNOLOGY
DEBORAHWEINSWIG@FUNG1937.COM US: 646.839.7017 HK: 852.6119.1779 CN: 86.186.1420.3016
1. Favorable Macro Backdrop: The Labor Market Stands Firm
• The US unemployment rate was 5% in September, edging up from 4.9% in
August.
– Job gains were seen in professional and technical services, financial activities
and healthcare.
• Average hourly earnings for private-sector workers rose by 2.6% year over
year in September, slightly higher than August’s 2.4% increase to $25.79
5.0%
3%
4%
5%
6%
7%
8%
9%
10%
11%
Sep 10 Sep 11 Sep 12 Sep 13 Sep 14 Sep 15 Sep 16
US Unemployment Rate
2.6%
1.5%
2.0%
2.5%
3.0%
Sep 10 Sep 11 Sep 12 Sep 13 Sep 14 Sep 15 Sep 16
Average Hourly Earnings (YoY % Change)
17
Through September 30, 2016; seasonally adjusted
Source: US Bureau of Labor Statistics
18. DEBORAH WEINSWIG
MANAGING DIRECTOR, FUNG GLOBAL RETAIL & TECHNOLOGY
DEBORAHWEINSWIG@FUNG1937.COM US: 646.839.7017 HK: 852.6119.1779 CN: 86.186.1420.3016
1. Favorable Macro Backdrop: Consumer Savings Rate Falls as
Disposable Income Increases
• Disposable income growth softened to 0.1% in August (after adjusting for
inflation), following a 0.3% increase in the prior month
• The US personal savings rate remains below levels seen at the start of 2016; it
reached a three-month low of 5.7% in August, suggesting that many
consumers are in a good place and have money to spend
$12,697
$808
$0
$400
$800
$1,200
$1,600
$11,000
$11,400
$11,800
$12,200
$12,600
Aug 11 Aug 12 Aug 13 Aug 14 Aug 15 Aug 16
Real Disposable Income Personal Savings
Real Disposable Income (Left Axis) and Personal Savings (Right Axis)
18
Through August 30, 2016; seasonally adjusted
Source: US Bureau of Labor Statistics
19. DEBORAH WEINSWIG
MANAGING DIRECTOR, FUNG GLOBAL RETAIL & TECHNOLOGY
DEBORAHWEINSWIG@FUNG1937.COM US: 646.839.7017 HK: 852.6119.1779 CN: 86.186.1420.3016
1. Favorable Macro Backdrop: Home Price Gains Continue in
August
• The S&P CoreLogic Case-Shiller 20-City Composite Home Price NSA Index
increased by 5.1% in August
• Home prices continued to rise moderately, supported by low mortgage rates
and a shortage of supply
– The number of homes for sale has fallen by 7% from a year ago in August
S&P CoreLogic Case-Shiller 20-City Composite Home Price NSA Index
188.2
100
120
140
160
180
200
Jul 11 Jul 12 Jul 13 Jul 14 Jul 15 Jul 16
19
Source: S&P Dow Jones
20. DEBORAH WEINSWIG
MANAGING DIRECTOR, FUNG GLOBAL RETAIL & TECHNOLOGY
DEBORAHWEINSWIG@FUNG1937.COM US: 646.839.7017 HK: 852.6119.1779 CN: 86.186.1420.3016
1. Favorable Macro Backdrop: US Consumer Prices Rose
Steadily in August
• The core PCE deflator, which excludes food and energy prices, rose by 0.2%
month over month in August and was up 1.7% from August 2015
• Consumer prices have grown in six of the past seven months, driven by higher
oil and housing prices
1.7
1.0
0.0
0.5
1.0
1.5
2.0
2.5
3.0
3.5
Aug 11 Aug 12 Aug 13 Aug 14 Aug 15 Aug 16
Core Headline
20
PCE Deflator (YoY % Change)
Source: US Bureau of Economic Analysis
21. DEBORAH WEINSWIG
MANAGING DIRECTOR, FUNG GLOBAL RETAIL & TECHNOLOGY
DEBORAHWEINSWIG@FUNG1937.COM US: 646.839.7017 HK: 852.6119.1779 CN: 86.186.1420.3016
1. Favorable Macro Backdrop: US Retail Sales Point to Confident
Consumers
• US retail sales excluding autos posted solid growth in September, up 0.5% from
August and up 2.7% from the year-ago period
– Nonstore retailers’ sales rose by 10.6% year over year
– Restaurant and bars’ sales rose by 6.1% year over year
– Department stores declined 6.4%, continuing the recent trend of underperformance
0
1
2
3
4
5
6
7
12 13 14 15 16
0.0
0.5
1.0
1.5
2.0
2.5
3.0
21
Monthly Retail Sales ex Autos
Jan 2012–Sep 2016 (YoY % Change)
Monthly Retail Sales ex Autos
Oct 2015–Sep 2016 (YoY % Change)
Source: US Census Bureau
2.7%
2.7%
22. DEBORAH WEINSWIG
MANAGING DIRECTOR, FUNG GLOBAL RETAIL & TECHNOLOGY
DEBORAHWEINSWIG@FUNG1937.COM US: 646.839.7017 HK: 852.6119.1779 CN: 86.186.1420.3016
2. Overview: Optimistic About Holiday 2016
We are optimistic about the prospects for holiday sales this year and believe
there could be upside to projections
• We estimate that holiday sales from November through December will grow by
3% to 4% versus 3.2% last year and an average increase of 2.5% over the last
10 years
• The NRF is projecting holiday sales growth of 3.6%. On average, industry groups
are forecasting growth of roughly 3.7% for the period
• Positive factors include a favorable macro backdrop, calendar and weather
forecast
22
24. DEBORAH WEINSWIG
MANAGING DIRECTOR, FUNG GLOBAL RETAIL & TECHNOLOGY
DEBORAHWEINSWIG@FUNG1937.COM US: 646.839.7017 HK: 852.6119.1779 CN: 86.186.1420.3016
3. E-Commerce Driving Holiday Growth
• Online sales were up 15.8% in the second quarter, and accounted for 8.1% of
total retail sales
• We expect online sales to increase by 7% to 10% over the holiday season
($91.6B), and to make up 10.7% of total holiday sales
– One in three shoppers (35%) made more than half their holiday purchases online in
2015
15.3%
15.5%
17.4%
15.7%
16.4%
18.2%
17.4%
16.0% 15.5%
15.8% 15.8%
14.2%
14.8%
14.2%
15.2%
15.1%
15.5%
15.8%
US Retail E-Commerce Sales Growth, YoY % Change (1Q12–2Q16)
29%
30%
34%
31%
33%
36%
39% 40%
44%
46%
20%
25%
30%
35%
40%
45%
50%
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015
Percent of US Holiday Shopping Done Online (2006–2015)
24
Seasonally adjusted
Source: US Census Bureau
Seasonally adjusted
Source: NRF
25. DEBORAH WEINSWIG
MANAGING DIRECTOR, FUNG GLOBAL RETAIL & TECHNOLOGY
DEBORAHWEINSWIG@FUNG1937.COM US: 646.839.7017 HK: 852.6119.1779 CN: 86.186.1420.3016
4. A Very Mobile Holiday Season
• Mobile commerce was up 59% YoY to $5 billion during the 2015 holiday season
(comScore)
– The majority of search is now mobile: 56% of searches that resulted in a click-through to
a top retail site were conducted on a smartphone or tablet during the holiday season
• Spending via mobile devices is expected to increase by 45.2%, to hit $20 billion in
2016 (CTA)
– Smartphone m-commerce growth will exceed tablets’ growth for the first time in 2016
25
Source: Signal
51.7%
40.8% 34.0% 28.7% 24.6% 21.6%
46.6% 58.0% 65.0% 70.5% 74.8% 77.9%
1.70% 1.30% 1.00% 0.80% 0.60% 0.50%
2015 2016E 2017E 2018E 2019E 2020E
Tablet Smartphone Other
$206.5 $267.3 $335.8$80.9 $115.9 $156.4
US Retail M-Commerce Sales: Total (USD Bil.) and Share, by
Device (%)
26. DEBORAH WEINSWIG
MANAGING DIRECTOR, FUNG GLOBAL RETAIL & TECHNOLOGY
DEBORAHWEINSWIG@FUNG1937.COM US: 646.839.7017 HK: 852.6119.1779 CN: 86.186.1420.3016
5. E-Commerce: What Will We See from Retailers?
• Retailers are offering a variety of online and in-
store ordering and delivery options
– 60% of retailers will provide both free
shipping and free returns (NRF)
– Buy online, pick up in store / Buy online,
return in store
• Save on shipping costs
• Add-on purchases
• The most profitable online promotions last holiday
season
– Online-only sales, limited-time offers and
free shipping (NRF)
26
Source: NRF, Holiday Survey
27. DEBORAH WEINSWIG
MANAGING DIRECTOR, FUNG GLOBAL RETAIL & TECHNOLOGY
DEBORAHWEINSWIG@FUNG1937.COM US: 646.839.7017 HK: 852.6119.1779 CN: 86.186.1420.3016
6. Holiday Hiring Projected to Be Up Slightly; Clear Shift
Toward E-Commerce
• Retail sector seasonal hiring:
640,000–690,000 versus 675,300 last
year
– Transportation, warehouse and
entertainment sectors will see
increases
• JCPenney plans 33.3% increase in
seasonal workforce
– 2,000 employees to focus on fulfilling
online orders
• Amazon plans 20.1% increase in
seasonal workforce
– 120,000 seasonal jobs for customer
fulfillment and customer service
Number of Seasonal Hires
2015 2016
YoY %
Change
UPS 95,000 95,000 0%
Macy’s 85,000 83,000 (2.4)%
Home Depot 80,000 80,000 0%
Amazon 100,000 120,000 20%
Target 70,000 77,500 10.7%
Kohl’s 79,160 69,000 (12.8)%
FedEx 55,000 50,000 (9.1)%
JCPenney 30,000 40,000 33.3%
Lowe’s 40,000 46,000 15%
Bon-Ton 13,000 13,000 0%
TOTAL 647,160 673,500 4%
27
Source: Company reports
28. DEBORAH WEINSWIG
MANAGING DIRECTOR, FUNG GLOBAL RETAIL & TECHNOLOGY
DEBORAHWEINSWIG@FUNG1937.COM US: 646.839.7017 HK: 852.6119.1779 CN: 86.186.1420.3016
7. Thanksgiving Day Shopping Will Remain Popular
• The trend to open early on ‘Gray Thursday’ will continue this
year, but at a slower rate than recent years
– 49% of retailers plan to open on Thanksgiving, up 1% from last
year
– 59% of Shopping visits will be on mobile
• Earlier online promotions to stay competitive
– Walmart and Target made majority Black Friday deals available
online the morning of Thanksgiving last year
• Retailers staying home for Thanksgiving to align with
corporate values
– Costco, Home Depot, REI, Office Depot, Mall of America, CBL &
Associates, T.J. Maxx
28
30. DEBORAH WEINSWIG
MANAGING DIRECTOR, FUNG GLOBAL RETAIL & TECHNOLOGY
DEBORAHWEINSWIG@FUNG1937.COM US: 646.839.7017 HK: 852.6119.1779 CN: 86.186.1420.3016
8. Black Friday: Retailers Open on Thanksgiving Last Year
30
31. DEBORAH WEINSWIG
MANAGING DIRECTOR, FUNG GLOBAL RETAIL & TECHNOLOGY
DEBORAHWEINSWIG@FUNG1937.COM US: 646.839.7017 HK: 852.6119.1779 CN: 86.186.1420.3016
8. Black Friday: REI With 2nd #OptOutside Campaign
• Generous employee benefit and external display of the brand’s
principles
– Encouraging consumers to spend time outdoors
– Younger consumers are more inclined to support a
company that illustrates social impact with specific actions
• With #OptOutside, REI will ask people to share what they are
doing on Black Friday via social media
31
32. DEBORAH WEINSWIG
MANAGING DIRECTOR, FUNG GLOBAL RETAIL & TECHNOLOGY
DEBORAHWEINSWIG@FUNG1937.COM US: 646.839.7017 HK: 852.6119.1779 CN: 86.186.1420.3016
8. Black Friday: No Longer the Biggest
Shopping Holiday of the Season
• Black Friday’s significance has
waned in recent years
– Promotional activity has increased
year-round
• Consumers looking for bargains and
spreading out their spending
– Almost half of shoppers will begin
shopping by November 1
• Friday, December 23, is set to be the
biggest shopping day of the season
– That Friday is the day before
Chanukah begins and two days
before Christmas
2016: Top 5 Expected Biggest
Shopping Days (Sales)
2016: Top 5 Expected Busiest
Shopping Days (Shopper Visits)
1. Friday, December 23 1. Saturday, December 17
2. Saturday, December 17 2. Black Friday, November 25
3. Black Friday, November 25 3. Friday, December 23
4. Thursday, December 22 4. Saturday, December 10
5. Wednesday, December 21 5. Monday, December 26
32
Source: RetailNext
33. DEBORAH WEINSWIG
MANAGING DIRECTOR, FUNG GLOBAL RETAIL & TECHNOLOGY
DEBORAHWEINSWIG@FUNG1937.COM US: 646.839.7017 HK: 852.6119.1779 CN: 86.186.1420.3016
9. Singles’ Day Will Capture More Early-Bird Online
Shoppers in the US
• Singles’ Day (Nov. 11) is China’s equivalent
to Cyber Monday. In 2015, e-commerce
giant Alibaba saw $14.3 billion in
transactions, up 60% from 2014
– Sales in the US reached $1.4 billion in 2015
(Adobe)
– 180 US retailers had exclusive offerings
• Globalization is a top priority
– Expanding international brand offerings
– Katy Perry is a global ambassador
• We expect $20 billion in sales this year, a
40% year-over-year increase
– US sales to hit $2.5 billion, up 50%
33
34. DEBORAH WEINSWIG
MANAGING DIRECTOR, FUNG GLOBAL RETAIL & TECHNOLOGY
DEBORAHWEINSWIG@FUNG1937.COM US: 646.839.7017 HK: 852.6119.1779 CN: 86.186.1420.3016
10. More Favorable Holiday Calendar
• There are two extra days between Thanksgiving and Christmas this year:
31 days compared with 29 last year
34
Election Day
Singles’ Day
Thanksgiving
Black Friday
Cyber Monday
Giving Tuesday
Green Monday
Chanukah
(Sundown–Sundown,
Dec 24–Jan 1)
Super Saturday
Christmas
35. DEBORAH WEINSWIG
MANAGING DIRECTOR, FUNG GLOBAL RETAIL & TECHNOLOGY
DEBORAHWEINSWIG@FUNG1937.COM US: 646.839.7017 HK: 852.6119.1779 CN: 86.186.1420.3016
• Super Saturday falls on December 24, one day before Christmas and the day
Chanukah begins. Shoppers are likely to make last-minute gift purchases in
stores rather than online on Super Saturday.
• Shoppers will also take advantage of Free Shipping Day on December 16,
which guarantees delivery by Christmas Eve
35
10. More Favorable Holiday Calendar
36. DEBORAH WEINSWIG
MANAGING DIRECTOR, FUNG GLOBAL RETAIL & TECHNOLOGY
DEBORAHWEINSWIG@FUNG1937.COM US: 646.839.7017 HK: 852.6119.1779 CN: 86.186.1420.3016
11. Presidential Election Impact: Could Keep the Lid on
Spending Early in the Season
• Political ads driving up the cost of
advertising
– Political advertising spend is up 20% since the
last election, and digital spend is up 700%
– Expect delays in holiday promotions
• Retail store foot traffic and sales are
likely to be negatively impacted in the
weeks leading up to Election Day
– Shoppers are preoccupied with the election
– With uncertainty abounding, consumers tend
to put shopping trips on hold
• Postelection bounce back as shoppers
release pent-up demand after
November 8
– We expect November sales to be as strong
as last year
36
37. DEBORAH WEINSWIG
MANAGING DIRECTOR, FUNG GLOBAL RETAIL & TECHNOLOGY
DEBORAHWEINSWIG@FUNG1937.COM US: 646.839.7017 HK: 852.6119.1779 CN: 86.186.1420.3016
12. Holiday Shopping Themes
• Gift cards continue to be an attractive option
– Millennials are sensitive to cybersecurity issues
and identity fraud; they look for safer digital
payment methods
– Two-thirds of shoppers (63%) purchased at least
one gift card last year, up 2% from the previous
year (NRF)
• Travel and entertainment
– Almost half of overall holiday spending (42%)
will accrue to travel and entertainment
– Millennials preference for gifts that entail
experience driving growth
• Subscription services as gifts
– 1,450% growth in visits to those websites;
popular gifts include Birchbox and Dollar Shave
Club subscriptions
37
38. DEBORAH WEINSWIG
MANAGING DIRECTOR, FUNG GLOBAL RETAIL & TECHNOLOGY
DEBORAHWEINSWIG@FUNG1937.COM US: 646.839.7017 HK: 852.6119.1779 CN: 86.186.1420.3016
13. Holiday Fashion Trends
Standout fashion trends for the 2016 holiday
season
• Athleisure is changing shape
– A more refined, multifunctional look
• 70s style and athleisure trend in shoes
– Birkenstocks, Nike Jordan, Chaco
• Accessories
– Backpacks, smart jewelry and watches
• Denim and jeans strengthen, leggings trend
wanes
38
Source: Forever 21
Source: Instagram, @Forever 21
39. DEBORAH WEINSWIG
MANAGING DIRECTOR, FUNG GLOBAL RETAIL & TECHNOLOGY
DEBORAHWEINSWIG@FUNG1937.COM US: 646.839.7017 HK: 852.6119.1779 CN: 86.186.1420.3016
14. Hot Holiday Tech Giftables
• Tech items will remain popular
– 68% of consumers will buy electronics this
holiday season (CTA)
– Those gifting electronics plan to spend
3.1% more on them than last year
• Personal assistants
– Amazon Echo
– Google Assistant
• Virtual reality
– Sony PlayStation VR
– Google Cardboard
• Wearables
– Apple Watch Series 2
– Fitbit Charge 2
39
40. DEBORAH WEINSWIG
MANAGING DIRECTOR, FUNG GLOBAL RETAIL & TECHNOLOGY
DEBORAHWEINSWIG@FUNG1937.COM US: 646.839.7017 HK: 852.6119.1779 CN: 86.186.1420.3016
15. Fung Global Retail & Technology’s Hot Toys for 2016
• US toy sales grew by 6.7% in 2015 to
$19.4 billion (NPD Group)
• Toys that stimulate the mind
– Fisher-Price’s Think & Learn Code-a-pillar
– Cozmo, a robot with artificial
intelligence
• Movie releases to drive sales
– Trolls (November 4)
– Moana (November 23)
– Rogue One: A Star Wars Story
(December 16)
40