Our Who Shops Where reports profile US consumers who shop for selected categories at major US retailers. In this report, we look at the demographics of apparel shoppers.
Vipshop (NYSE: VIPS) 1Q19 Results Beat Consensus Thanks to Improved Product Assortment in Apparel and Increase in Active Customers
Vipshop reported 1Q19 revenues of ¥3 billion, up 7.3% year over year and beating the consensus estimate of ¥20.5 billion.
Pinduoduo (NASDAQ: PDD) 1Q19 Results: Online Marketing Services Boost Revenues, Operating Margin Impacted by Soaring Costs
Pinduoduo reported 1Q19 revenues of ¥4.5 billion, up 228% year over year and beating the consensus estimate of ¥4.1 billion.
Luckin Coffee Leverages Pick-Up Store Format and Delivery Services, IPO Set to Fund Further Expansion
Luckin Coffee, China’s answer to Starbucks, raised some $571.2 million through an IPO of American Depository Receipts for 33 million of its shares on the Nasdaq, pricing its shares at the top end of the pre-listing debut range of $17.
Alibaba is accelerating its global expansion by allowing merchants in selected countries to sell on AliExpress and launching the “The New Chinese Goods Project.”
Alibaba reported 4Q19 revenues of ¥93.5 billion ($13.9 billion), up 51% year over year and beating the consensus estimate of ¥91.7 billion ($13.3 billion).
Coresight Research participated in an event jointly hosted by WPP Plc. and Alibaba Group on April 24 in New York City.
JD.com reported 1Q19 revenue of ¥121.1 billion ($18.0 billion), up 21% year over year and beating the StreetAccount estimate of ¥120.2 billion.
As we approach mid-year 2019, brands and retailers must plan now to ensure their products, logistics, warehouse space and marketing efforts are timely for this year’s 11.11.
This report outlines the current landscape of the $114B US furniture and home furnishing industry, the changing behavior of the US consumer (including millennials), and profiles retailers that have innovated with new business models, technology and operational strategies.
New Retail Briefing #9: Taobao Opens Taostyle for Online Clothing Brands; JD.com Seeks Fresh Food Partnerships in Southeast Asia
Taobao launched a multi-label physical store to bring the independent clothing brands selling on its platform offline.
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