GlobalData vs Sensor Tower

Victoria's Secret embraces nostalgia and entertainment as Q2 sales rise

Victoria's Secret & Co. is leveraging nostalgia and entertainment to re-engage shoppers, according to comments from CEO Hillary Super after the company's Q2 earnings. The lingerie retailer expanded its fragrance portfolio with iterations like Tease Strawberry Bisou and archive drops such as Pink's square bottle scents, which sold out online in under a day. The company also positioned itself as an entertainment brand, premiering the YouTube docuseries 'Angels Among Us' this month. Victoria's Secret reported Q2 net sales of $1.6 billion, up 10% year over year, with 9% comp growth and net income topping $85 million. The company raised its full-year sales guidance to $7.1 billion to $7.18 billion and expects adjusted operating income of up to $590 million, citing strong performance in bras, Pink, beauty, and all channels.

• Victoria's Secret & Co. reported Q2 net sales of $1.6 billion, up 10% year over year.
• Comparable sales rose 9% in Q2, with brick-and-mortar comps growing 7%.
• Net income in Q2 nearly tripled to more than $85 million.

Dillard's Gains Market Share in Q2

Dillard’s reported modest Q2 retail sales growth as comparable sales rose 1% and total retail sales (excluding construction) reached $1.5 billion. The company’s gross margin expanded to 40.9% and net income increased 34% to $97.7 million, partly driven by $37.2 million in tariff refunds that accounted for most of the margin improvement. Category performance was mixed: gains in accessories, lingerie, home, shoes, beauty and men’s, while children’s, juniors and women’s apparel declined. GlobalData analysis and company commentary indicated the apparel weakness reflected lower consumer spending rather than defections to competitors; inventory at quarter end rose about 5% year over year. UBS analysts had expected flat comps, so Dillard’s 1% comp rise beat those expectations.

• Dillard’s Q2 retail sales (excluding construction) were $1.5 billion, with comps up 1% year over year.
• The company received $37.2 million in tariff refunds, which accounted for 260 of the 280 basis-point gross margin increase.
• Gross margin reached 40.9% in Q2.

Mobile Game Spending Hits $6.57B in August, Honor of Kings Leads

In August 2026, global mobile game consumer spending reached $6.57 billion, a 1% month-over-month decline, according to Sensor Tower. Honor of Kings was the top-grossing game, while Roblox led downloads. The US contributed 28.6% of revenue, followed by China at 16.7% and Japan at 12.2%. Tencent-owned or published titles captured five of the top 10 revenue-growth slots, with Fate/Grand Order leading that ranking. Download growth was boosted by new releases like Gangstar Mirage City and Mystery Dumpling, while Roblox remained the most-downloaded game.

• Global mobile game consumer spending reached $6.57 billion in August 2026, down 1% month-over-month.
• Honor of Kings was the highest-grossing mobile game, supported by in-game events in China.
• Fate/Grand Order topped revenue growth rankings, driven by its 11th anniversary and Swimsuit Event 2026 in Japan.

Japan Mobile Game Revenue Tops $10B Despite Download Decline

Japan's mobile gaming market generated over $10 billion in in-app purchase revenue over the past 12 months, a 5.1% year-over-year decline, yet significantly outpacing South Korea and Taiwan. According to Sensor Tower's Japan Gaming 2026 report, downloads fell 5.4% to 585 million, ranking ninth in Asia. Player engagement remained stable at 16.7 billion hours. Konami's eFootball became the highest-grossing game, driven by World Cup activities, while Block Blast! led downloads. Puzzle games dominated downloads, while 4X strategy led revenue growth. The market's maturity is evident, with growth reliant on established titles and high spending rather than new installs.

• Japan generated over $10 billion in mobile game IAP revenue in the past 12 months, down 5.1% YoY.
• Japan recorded 585 million mobile game downloads in the same period, down 5.4% YoY.
• eFootball by Konami became Japan's highest-grossing mobile game from January to July 2026.

Sensor Tower Blog: New Insights on Home Improvement Retail Media and State of Digital Advertising 2026

New blog posts added: 'Home Improvement Built Momentum on Retail Media' and 'State of Digital Advertising 2026: How AI Integration and Streaming Growth Reframe Marketing Strategies'. Also, a new post about the Video Game Insights interface update.