Press Releases
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Retail Spending in 2018 to Continue to Splinter as Consumers “Do It Their Way,” says FGRT Report
NEW YORK (January 11, 2018) – More than ever before, spoiled shoppers will want more, want it their way and want it now in 2018. That desire should further splinter consumer spending and favor retailers with strong identities, as well… Continue Reading
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Vend Names Deborah Weinswig a “Top Retail Influencer for 2018”
NEW YORK (December 19, 2017) - The honors keep coming in for Deborah Weinswig, Managing Director of global think tank FGRT (formerly Fung Global Retail & Technology). The retail analyst and startup advisor has been named the No. 2 retail influencer… Continue Reading
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LinkedIn Names Deborah Weinswig a “Top Voice 2017: Retail”
NEW YORK (December 14, 2017) - Deborah Weinswig, Managing Director of global think tank FGRT (formerly Fung Global Retail & Technology) and an award-winning retail analyst, has been named a "Top Voice 2017: Retail" by LinkedIn, the global business- and… Continue Reading
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NEW YORK (November 30, 2017) - Retail technology visionary Deborah Weinswig will join global leaders in business, politics and technology in offering their visions of the future at the prestigious Fortune Global Forum, being held December 6-8, 2017, at the Shangri-La Hotel in… Continue Reading
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Positive Employment and Confidence Stats to Boost U.S. Holiday Sales, Says New FGRT Report
NEW YORK (November 15, 2017) - With unemployment at its lowest rate in 17 years, consumer sentiment up four points over 2016 levels, and one extra shopping day between Thanksgiving and Christmas this year, global think tank FGRT (Fung Global Retail… Continue Reading
Press Coverage
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WWD
Report Traces Macy’s Shoppers Spending Elsewhere
Retail analyst Deborah Weinswig reports that Amazon and off-pricers have captured significant market share from Macy's. Continue Reading
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Business Insider
Amazon is taking apparel sales from retailers
Many apparel shoppers are shifting their spending away from retailers like Target and Macy’s, and toward Amazon, according to a study from Coresight Research emailed to Business Insider Intelligence. Continue Reading
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Quartz
Amazon’s push into fashion retail should scare these companies the most
Coresight Research, an independent firm focused on retail and technology (formerly Fung Global Retail & Technology), surveyed 1,699 demographically representative, internet-using Americans about what clothing they’re buying on Amazon, as well as the stores they’ve shifted away from. Continue Reading
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CNBC
Amazon and Target are in a war over apparel
Coresight Research found that shoppers who bought clothing and/or footwear on Amazon.com were most likely to have previously purchased those types of items from Target. Continue Reading
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Bloomberg
Amazon’s Top Apparel Victims: Target, Macy’s, J.C. Penney
Amazon.com Inc. is spiriting away share of apparel sales from Target Corp., Macy’s Inc. and J.C. Penney Co., according to a report Thursday by Coresight Research. Amazon Fashion is tied with Target as the second-most-shopped apparel retailer in the U.S., behind Walmart Inc., as measured by number of shoppers, the survey found. More than 20 percent of respondents said they have switched more of their apparel spending to Amazon and away from Macy’s and J.C. Penney. Continue Reading
PR contact:
Ivan Ivanov
Senior Marketing and Communications Executive
T: +44 (0)207 563 8458
ivanivanov@fung1937.com