Weekly Weather Flash Jan.31 feb.13 United States THIS WEEK: Colder Temperatures Creep in from the West and a Potent Storm System Brings Heavy Snow Across the Plains. A LOOK AHEAD: The East Coast Enjoys a Warm Embrace, but Much of the Country Gets a Cold Reception During the Run-Up to Valentine s Day. Expect a Wet Week Across Most of North America. Europe THIS WEEK: Most of Europe Remains Warm, with Rain Expected to Cover More Areas.. A LOOK AHEAD: Most Areas Still Quite Warm, Except the North. Rain Continues.
February 4, 2016 United States Week of January 31 February 6 Temperature vs. L ast Year Short- Sleeve Shirts +16% Soup - 3% Thermals - 21% SOUP Source: Planalytics Retail implications: Low temperatures in the western third of the country will discourage spring sales, while warmer temperatures across the rest of the US will spur strong spring demand. Last year, this week was near normal: Temperatures were near normal last year, but were the warmest since 2013. Cold was focused in the East, and warmth in the West. Rainfall and snowfall were both above normal. Cold West, warm East: Above- normal temperatures will cover most of the country, from the Great Basin eastward. Seasonable- to- cold conditions will push onto the West coast to start the week and slowly spread eastward into the Plains. The colder push will drop temperatures below last year for the western third of the country, while the remainder of the US will stay much warmer than last year. Just plain stormy: A storm system will move from the Rockies to the East Coast during the first half of the week. Heavy snow is expected from the Rockies across the Central and Northern Plains into the Great Lakes, Eastern Canada and Northern New England. Severe weather, including damaging winds and potential tornadoes, will hit the Mid- South region early in the week. DEBORAH WEINSWIG, EXECUTIVE DIRECTOR HEAD OF GLOBAL RETAIL & T ECHNOLOGY DEBORAHWEINSWIG@FUNG1937.COM US: 917.655.6790 H K: 852.6119.1779 CN: 86.186.1420.3016 Copyright 2016 The Fung Group. All rights reserved. 2
United States Week of February 7-13 Temperature vs. Last Year Sweaters +2% Source: Planalytics Retail implications: Temperatures will vary all over the US, and there will be limited weather- driven demand for spring categories. Last year, this week was warm: This week last year was the warmest since 2009, and saw the least rainfall since 2002. Snowfall was near normal. Valentine s Day was the coldest it had been in five years, with warmth focused in the West and cold in the East. Winter west of the Mississippi: Temperatures will be quite variable across the US. The coasts will trend a bit warmer than normal while the area from the Great Basin to the Plains will be slightly colder than normal. Areas east of the Mississippi River will be nearly as warm or warmer than last year, while areas to the west will be colder than last year. Where the wet things are: A storm system will move from the Rockies to the East Coast during the first half of the week, generating snow from the Central and Northern Plains to the Great Lakes and Northeast. Some snow totals may be heavy, so residents are advised to watch for daily snow and ice alerts. Rain and thunderstorms will stretch down to the Gulf Coast. 3
Europe Week of January 31 February 6 Temperature vs. Last Year Jumpers (Finland) Coats (Spain) Source: Planalytics Retail implications: Demand for wintry products remains challenging. The wet conditions in many areas will result in reduced retail store traffic. Remaining warm: Temperatures will be warmer than normal and last year over most of Europe. A cool pocket will remain in Turkey, while another shot of cooler air will move across Northern Scandinavia. Becoming wetter: Rain will expand from the north into Southern France across the Alps to Southeastern Europe. Expect heavy snow for the higher elevations. 4
Europe Week of February 7 13 Temperature vs. Last Year Boots (Finland) Bottled Water (Portugal) Source: Planalytics Retail implications: Weather- driven demand for seasonal products will stay the same as the previous week, given the unusual warmth across most areas of Europe. Still quite warm: Unusually warm temperatures will persist over much of Europe. The warmth will expand into Western Turkey, but eastern regions will stay cold. More cold air will push into Scandinavia. A wet week: A slow- moving frontal system will bring rain and mountain snow across almost all of Europe. 5
Deborah Weinswig, CPA Executive Director Head of Global Retail & Technology Fung Business Intelligence Centre New York: 917.655.6790 Hong Kong: +852 6119 1779 deborahweinswig@fung1937.com Filippo Battaini filippobattaini@fung1937.com Marie Driscoll, CFA mariedriscoll@fung1937.com John Harmon, CFA johnharmon@fung1937.com Aragorn Ho aragornho@fung1937.com John Mercer johnmercer@fung1937.com Shoshana Pollack shoshanapollack@fung1937.com Kiril Popov kirilpopov@fung1937.com Jing Wang jingwang@fung1937.com Steven Winnick stevenwinnick@fung1937.com HONG KONG: 10th Floor, LiFung Tower 888 Cheung Sha Wan Road, Kowloon Hong Kong Tel: 852 2300 2470 NEW YORK: 1359 Broadway, 9 th Floor New York, NY 10018 Tel: 646 839 7017 LONDON: 242-246 Marylebone Road London, NW1 6JQ United Kingdom Tel: 44 (0)20 7616 8988 FBICGROUP.COM 6