Product TypeInsight Report Estée Lauder Beauty: A Timeline of Key Events Author Coresight January 9, 2020 Tracking Estée Lauder’s rise to prominence from its founding in 1946 to modern beauty icon and innovator. The company now boasts a portfolio of over 25 prestige brands spanning cosmetics, skincare, haircare and fragrances with annual revenues totaling $14.9 billion in fiscal 2018.
Product TypeInsight Report Insights from China: Alipay and WeChat Pay Go International Author Coresight March 28, 2019 Alipay and WeChat Pay have gone international more quickly due to booming Chinese outbound tourism. They are accepted not only at retail locations but also used to pay transportation fares in support of local services.
Product TypeInsight Report New Retail Briefing #5: Alipay Pushes Cross-Border Payment; JD.com Continues Unstaffed Delivery Initiatives Abroad Author Coresight March 12, 2019 “New Retail” is a model for integrating online retail, offline retail and logistics across a single value chain powered by data and technology. In this biweekly series, we cover important developments in New Retail in China and beyond.
Product TypeInsight Report Insights from China: Millennials Travel Overseas for An Experience Author Coresight February 28, 2019 Chinese tourists are traveling more but spending less on shopping when they go. Younger tourists look for experience trips over shopping. We look at how Western retailers can attract and retain this valuable demographic.
Product TypeInsight Report Chinese New Year Air Travel Takes Off Infographic Author Coresight February 7, 2019 Chinese New Year is a major time for travel: Some 73 million Chinese travelers were expected to make journeys by plane over the 2019 holiday, with Thailand, Japan and Indonesia the top destinations.
Product TypeInsight Report Chinese New Year Preview: Year of the Pig Celebrations to be Worth ¥1 Trillion to Retail as Digital Gifting and Traveling Continue to Go Big Author Coresight January 22, 2019 Retail and food-service sales during Chinese New Year grew steadily from 2011 to 2018. During the 2018 Chinese New Year Golden Week (February 15-21), retail sales reached ¥926 billion (about $146 billion), 10.2 % higher than the same period in 2017 —and more than double what it was in 2011, according to Ministry of Commerce statistics.
Product TypeInsight Report China National Day Golden Week 2018 Preview Author Coresight September 27, 2018 Chinese tourists travelling during this year’s National Day Golden Week holidays (October 1–7) will boost both global and domestic retail sales. According to Ctrip (China’s largest online travel agency), during this year’s National Day holidays:
Product TypeDeep Dive Chinese Outbound Tourists Survey 2018: Urban Millennials Lead the Charge to More Independent, Adventurous Travel Author Coresight September 26, 2018 This report details the results of our fourth annual proprietary survey of Chinese overseas tourists’ travel and spending behaviors and preferences, undertaken in partnership with China Luxury Advisors.
Product TypeInsight Report US Retailers Ready to Cater to Chinese New Year Shoppers with Mobile Payments Author Coresight February 14, 2018 Many Chinese tourists are currently preparing to travel overseas during the Lunar New Year celebration, which begins on February 16 and runs through March 2 this year.In the US, hundreds of thousands of retailers and service providers are ready to cater to these tourists by offering them the mobile-wallet payment options they prefer, such as Alipay.
Product TypeDeep Dive Deep Dive: Chinese Outbound Tourists – More Diverse, More Sophisticated Author Coresight August 10, 2017 Chinese outbound tourists have evolved into experienced and sophisticated travelers - some 67% of surveyed tourists have traveled more than once in the past 12 months, visiting an average of 2.3 destinations. Apart from shopping, they crave lifestyle and experiences when they travel abroad.
Product TypeDeep Dive 2017 Spring Festival Preview Part 2: Chinese Expected to Spend Big on Outbound Travel and Entertainment Author Coresight January 27, 2017 In Part 2 of our 2017 Spring Festival Report, we focus on two main themes: 1) the continued rise in Chinese outbound travel; and 2) the growing preference for spending on experiences and entertainment.
Product TypeFlash Report Ctrip (CTRP) 3Q16 RESULTS: EARNINGS BEAT ON IMPROVED OPERATING EFFICIENCY; ANNOUNCES SKYSCANNER ACQUISITION Author Coresight November 25, 2016 Ctrip, China’s leading online travel agent, reported strong 3Q16 revenues of ¥5.6 billion, up 75.1% year over year. Non-GAAP net profit of ¥0.58 billion beat the consensus estimate of ¥0.34 billion, but was down 77.2% year over year.
Product TypeFlash Report Ctrip (CTRP) 2Q16 RESULTS: EARNINGS BEAT DUE TO MARKETING COST SAVINGS AND STRONG CHINESE TRAVEL DEMAND Author Coresight September 2, 2016 Ctrip, China’s leading online travel agent, reported in-line 2Q16 revenues of ¥4.41 billion, up 75% year over year. Non-GAAP net profit of ¥0.06 billion beat the consensus estimate of a loss of ¥0.04 billion, but was down 81% year over year due to the consolidation of Qunar.
Product TypeEvent Presentation The Future Customer and Opportunities for Startups Author Coresight January 16, 2016 Characteristics and Trends Driving Opportunity in the Silvers Market.
Product TypeDeep Dive Global Chinese Shoppers – The $200 Billion Opportunity Author Coresight September 22, 2015 Chinese tourists are now the biggest global spenders and the momentum will continue, reflecting the expanding Chinese middle class and a growing base of passport holders.
