November 9, 2020 Insight Report Premium The Inaugural 10.10 Shopping Festival: From Concept to Creation—and the Five Factors That Drove Its SuccessCoresight Research launched the 10.10 Shopping Festival exactly one month ago, to bring fun and excitement back to the retail industry and to help retailers and shoppers address the disruption caused by Covid-19. We provide insights into the creation and launch of the inaugural 10.10 Shopping Festival, which took place on October 9–12, and the five key factors that drove its success.
November 9, 2020 Insight Report Premium Earnings Insights 3Q20, Week 1: Home Categories Prove Strong, While Beauty and Apparel Witness Substantial ImprovementOur weekly Earnings Insights reports feature highlights from recent management commentary at major US retailers as they report third-quarter 2020 earnings. We condense what retail companies are reporting, with a focus on the impact of the coronavirus crisis. This week, there are highlights from companies that reported in the week ended November 8, namely Amazon, Canada Goose, Capri Holdings, Hanesbrands, The Estée Lauder Companies, Under Armour and Wayfair.
November 9, 2020 Insight Report Register for Free Access US Survey Update: Discretionary Categories See Online Uptick as More Consumers Avoid Stores (Select Findings)This free report features select findings from our latest survey of US consumers, undertaken on November 3, which asked respondents about their behavior, sentiment and expectations amid the coronavirus crisis.
November 9, 2020 Deep Dive Premium US Survey Update: Discretionary Categories See Online Uptick as More Consumers Avoid Stores (Full Report)Our latest survey report provides a detailed update on US consumers’ behaviors, concerns and expectations, with a focus on the implications for retail. This week, we highlight an uptick in online shopping in discretionary categories, influenced by consumers’ avoidance of brick-and-mortar stores and other public places. We also present findings around the activities that consumers expect to do in the next two weeks. Our consumer survey was undertaken on November 3.
November 8, 2020 Analyst Corner Register for Free Access Weinswig’s Weekly: Lockdowns and Store Closures Are Back—Is It Different Now?This week’s note “From the Desk of Deborah Weinswig” discusses the second wave of lockdowns and store closures in Europe and some parts of the US.
November 6, 2020 Store Tracker Databank Members Weekly US and UK Store Openings and Closures Tracker 2020, Week 45: Pet Valu To Close All US StoresOur Weekly US and UK Store Openings and Closures Tracker reports on store closures, openings and bankruptcies. This week, there are highlights from 7-Eleven, Nordstrom and Pet Valu in the US and Shoe Zone in the UK.
November 6, 2020 Insight Report Premium US and China Quarterly Economic Update, 3Q20: Recovery in Both Countries, but Covid-19 Resurgence Could Slow Growth in the USIn this report, we discuss macroeconomic indicators from the US and China—including GDP and industrial production. Recently released data show recovery in both the US and China, although the resurgence of Covid-19 in the US could slow growth. Meanwhile, China’s economy expanded further—building on the previous quarter.
November 6, 2020 Insight Report Register for Free Access Brand Journeys to Singles’ Day 2020: #9—Guess? Inc. Adapts Its Strategies To Better Engage Chinese ConsumersHosted annually on November 11, Singles’ Day is the world’s largest online shopping festival. Continuing Coresight Research’s Brand Journeys to Singles’ Day 2020 series, we profile apparel brand Guess? Inc. We discuss the brand’s Chinese consumer base and how it is using Tmall Global to engage with shoppers in China’s luxury market.
November 5, 2020 Insight Report Register for Free Access Brand Journeys to Singles’ Day 2020: #8—Bravado Unveils Exclusive Merchandise on Tmall Global for Chinese ShoppersHosted annually on November 11, Singles’ Day is the world’s largest online shopping festival. Continuing Coresight Research’s Brand Journeys to Singles’ Day 2020 series, we profile music merchandising firm Bravado. In this free report, we discuss how the company plans to tap into China’s established music-industry consumer base and engage fans with its exclusive artist merchandise offerings.
November 5, 2020 Flash Report Register for Free Access Singles’ Day 2020: Early Observations of Alibaba’s Double 11In China, Alibaba’s 11.11 Global Shopping Festival 2020 held its first sale period at 12:00 a.m. on November 1–3, following a pre-sale on October 21–31. In this free report, we present some early sales results from the first round of this year’s Singles’ Day event and discuss our observations so far, covering livestreaming and order fulfillment.
November 5, 2020 Market Navigators/Market Outlook Premium Market Outlook: Understanding China’s $5 Trillion Retail SectorIn this Market Outlook, we explore China’s retail sector. We analyze data on the sector’s size and present our estimates for growth in the remainder of 2020 and into 2021. We profile China’s leading retail companies and outline the composition and trajectory of the retail market. This report also discusses a number of key themes in the market—including e-commerce as a driver of sector consolidation, high consumer demand in certain product categories, sales growth among domestic beauty brands and opportunities in the duty-free format.
November 4, 2020 Insight Report Premium Holiday 2020: UK Retail Outlook Update—November Lockdown To Slam RetailWe provide an update on our estimates for the UK retail outlook for holiday 2020, following UK Prime Minister Boris Johnson’s announcement on October 31 of a four-week lockdown in England beginning November 5. We discuss the impacts of the lockdown on nonessential retailers. We also explore our predictions for underlying holiday gifting demand, the implications of excess inventory for retailers into 2021 and our expectations for a renewed wave of UK store closures.
November 4, 2020 Insight Report Register for Free Access Brand Journeys to Singles’ Day 2020: #7—Shivelight Joins Tmall Global To Tap Into Chinese Demand for Healthy Soft DrinksHosted annually on November 11, Singles’ Day is the world’s largest online shopping festival. Continuing Coresight Research’s Brand Journeys to Singles’ Day 2020 series, we profile US beverage brand Shivelight. With health soft drinks trending in China, we discuss how Shivelight plans to tap into consumer demand with its all-natural, vinegar-based Shrub Drinks.
November 4, 2020 Insight Report Premium Holiday 2020: Five Predictions for US RetailThe shape and scale of consumer demand during the holiday peak is less certain than ever due to the Covid-19 pandemic. We present five predictions for US retail for the 2020 holiday season, covering consumer shopping plans for Black Friday and Thanksgiving; the rise of e-commerce this holiday; online grocery demand; and an evolving gifting mix, with gift cards presenting an opportunity for retailers.
November 4, 2020 Insight Report Free Report Coresight Research x CEW: Beauty Insights—Leveraging Group Buying in the Beauty MarketGroup buying—a selling model that is popular in China—uses the power of recommendation and influence within a community network to drive purchasing behaviors. Together with CEW, we explore the untapped opportunity that group buying presents for the beauty market globally. In this free report, we discuss the strategies that beauty brands and retailers can leverage to achieve success through this model, with learnings from Chinese group-buying platform Pinduoduo.