Product TypeInsight Report February 20, 2020 premium Beauty Insights: Assessing the Impact of the Coronarivus on Global Beauty Companies With the number of cases of coronavirus continuing to rise, we assess the potential impact of the outbreak on global beauty companies that have a presence in China—focusing on Estée Lauder, L'Oréal, LVMH (Sephora) and Shiseido. We consider both online and physical retail channels, as well as the travel retail market.Read More
Product TypeInsight Report February 10, 2020 premium Global Tourism: Improved Infrastructure and Enhanced Shopping Experiences Are Driving Airport Retail Sales As part of our quarterly Global Tourism series—which discusses domestic and international tourism themes and trends—we explore the booming airport retail market. Key factors contributing to the growth of the sector include the influence of Chinese travelers, the rise of budget airlines and enhanced shopping experiences and customer engagement.Read More
Product TypeFlash Report February 3, 2020 premium Coronavirus Briefing: Potential Impact on China’s GDP, More Store Closures, Implications for Supply Chains The coronavirus impact on China’s GDP could be worse than the two percentage points SARS shaved off during the 2002–03 outbreak. With Wuhan a center of manufacturing for several key industries, we expect supply chain disruptions if factories remain closed.Read More
Product TypeFlash Report January 31, 2020 premium Coronavirus Briefing: Global Retailers, Brands and Tech Companies Offer Assistance Global retail is likely to be further affected by the coronavirus in China as the World Health Organization has now declared it a “public health emergency of international concern.” Global companies—including retailers, tech companies, real estate firms and wealthy individuals—are continuing to pledge donations.Read More
Product TypeFlash Report January 30, 2020 premium Coronavirus Briefing: Restaurants and Stores Close, Flights Cut The ongoing Coronavirus outbreak in China is impacting not only the domestic economy but retail globally. Already, international retailers are closing shops in, and limiting travel to, affected areas. Airlines have canceled flights and the falloff in Chinese outbound tourism could hit travel retail hard.Read More
Product TypeFlash Report January 29, 2020 premium Coronavirus Briefing: Assessing the Economic Impact The coronavirus hitting central China came at a bad time for the domestic economy—just before the all-important Lunar New Year holidays. The good news is that most consumers probably did most of their holiday shopping in advance; the bad news is that the outbreak is far from over.Read More
Product TypeInsight Report January 9, 2020 premium Estée Lauder Beauty: A Timeline of Key Events 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. Read More
Product TypeInsight Report March 28, 2019 premium Insights from China: Alipay and WeChat Pay Go International 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. Read More
Product TypeInsight Report March 12, 2019 premium New Retail Briefing #5: Alipay Pushes Cross-Border Payment; JD.com Continues Unstaffed Delivery Initiatives Abroad “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.Read More
Product TypeInsight Report February 28, 2019 premium Insights from China: Millennials Travel Overseas for An Experience 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.Read More
Product TypeInsight Report February 7, 2019 premium Chinese New Year Air Travel Takes Off Infographic 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.Read More
Product TypeInsight Report January 22, 2019 premium 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 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. Read More
Product TypeInsight Report September 27, 2018 premium China National Day Golden Week 2018 Preview 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:Read More
Product TypeDeep Dive September 26, 2018 premium Chinese Outbound Tourists Survey 2018: Urban Millennials Lead the Charge to More Independent, Adventurous Travel 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.Read More
Product TypeInsight Report February 14, 2018 premium US Retailers Ready to Cater to Chinese New Year Shoppers with Mobile Payments 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.Read More
