This week's note "From the Desk of Deborah Weinswig" looks at how three electronics retailers have thrived in the online shopping age, and the lessons they offer to retailers in other sectors.
The use of data analytics is powering digital transformation in retail, from supply chain and in-store inventory management to customer service and engagement. In this report, we offer key insights into the growing adoption of analytics by the retail sector.
Animation, comics and gaming content is growing steadily in popularity in China amongst young consumers. Recognising the potential of this economy, brands and retailers are beginning to promote their products through Bilibili, a video-sharing platform for animation-focused user-generated content.
While China’s economic growth has slowed, Golden Week remains a prime opportunity to spur consumer spending. This year, we saw an acceleration in the rate of total spending, driven by sales growth in retail, catering and travel. Activities surrounding the 70th anniversary of the founding of the People’s Republic of China and extended retail hours contributed to the strong increase in spending.
“Unstaffed” is a new store format that has emerged in recent years around the globe. In this report, we look at the development of this concept and associated technologies, as well as the challenges that unstaffed stores present to retailers.
LVMH reported 3Q19 sales of €13.3 billion, a 17.0% increase on a reported basis, and the Fashion & Leather Goods business grew sales 22.2% compared to the year-ago period. By region, Japan was the best-performing market over the quarter.
Fast Retailing reported FY19 revenues of ¥2.29 trillion ($48.1 billion), up 7.5%, and operating profit of ¥275.0 billion ($2.55 billion), up 9.1% from ¥225 billion ($2.09 billion) in the year-ago period.
This week’s note “From the Desk of Deborah Weinswig” looks at disruption that the rise of private labels is causing for CPG brands, prompting them to expand their direct-to-consumer channels.
With one month to go until Singles’ Day, we discuss the rules for merchants for this year’s 11.11 Global Shopping Festival and what merchants need to know to grow sales during promotional events on Alibaba’s e-commerce platforms.
China sees a number of festivals and holidays that retailers and brands can tap with marketing and promotional campaigns
Coresight Research attended Vera Bradley’s 2019 investor day on Oct 3, 2019, in New York City. The company expects to achieve $490 - $505 million sales in FY20, and to accelerate brand growth through a three-year plan.
Quinyx is a workforce management (WFM) software-as-a-service (SaaS) provider that offers artificial intelligence (AI)-driven scheduling, staffing, time reporting, communication and task management all in one place.
5G promises many benefits, including lower latency, higher reliability and greater energy efficiency than previous generations, enabling faster data transfer for improved efficiency and a better customer experience.
This report reviews the most recent quarterly earnings for (mostly) US-based companies in the Coresight 100, our focus list of retailers, brand owners and real estate firms.
Online beauty company Perfect Diary is breaking records in China as the first brand to reach ¥100 million in one-day sales on Tmall. They use a creative product development and social media strategy strategy to target Gen Zers and drive consumer engagement.