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Research

Coresight Research helps retail clients accelerate innovation and growth. We focus on disruption at the intersection of retail and technology – and help you understand what it means for your business. Coresight Research has a global presence spanning the US, Europe and Asia, including deep expertise in the China market.

Gap Scraps Old Navy Spin-Off; Moderately Raises Its Fiscal 2019 Outlook

On January 16, Gap Inc. announced that it had canceled its plans to spin off the Old Navy business, citing investors’ concerns over the complexity of the separation and softer business performance of the brand. Gap Inc. has raised its fiscal year 2019 outlook moderately, owing to better-than-expected promotional levels over the holiday period.

Holiday Letter

In 2020, we will further enhance our data offerings, make additional improvements to the look, feel and functionality of our website and continue to focus on the future of the store (our BEST framework), AI in retail (our CORE and SCORE frameworks) and payments.

Double 12 Shopping Festival 2019 Wrap-Up

E-commerce platforms and offline merchants celebrated China’s last major shopping festival of the year, Double 12, on December 12. We provide highlights from this year’s festival, including the promotions and performance of Alibaba’s Taobao and Tmall, the popularity of livestreaming, Alipay’s partnership with offline merchants and the strong consumption in lower-tier cities experienced by JD.com.

Intel Acquires Israeli AI Chipmaker Habana Labs for $2 Billion in Cash

Intel pushes further into AI with acquisition of Israeli chipmaker Habana Labs for $2 Billion in cash. AI is a fundamental technology for deploying machine learning to enable predictive analytics, customization and personalization in retail. Intel is accelerating development and filling gaps in its product portfolio to be a major player in the AI hardware sector.

Luxury Giant LVMH To Buy Tiffany for $16.2 Billion

On November 25, French luxury conglomerate LVMH announced that it will buy Tiffany & Co, an American luxury jewelry retailer, for $135 per share for a total value of $16.2 billion. We discuss how this acquisition jumpstarts LVMH’s global presence in the fine jewelry market at a time when demand for jewelery is resurging.

Alibaba To Raise $13.4 Billion in Hong Kong Second Listing

In the same week of the Double 11 Global Shopping Festival (also known as Singles’ Day), Alibaba made headlines again with its secondary listing in Hong Kong, to raise $13.4 billion. The listing represents a vote of confidence for the region amid unrest, and the funds will allow Alibaba to expand its business and invest in technology.