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Weekly Insights Dec 4, 2015

Over the last two weeks, our team covered early store openings on Thanksgiving, Black Friday and Cyber Monday and Giving Tuesday, which represent more than US $11 billion of sales, up 17% from last year. Mobile accounted for more than half of shopping visits and nearly a third of sales.

THE BILLION-DOLLAR THREAT TO US RIVALS

Ultralow-­‐price fashion retailer Primark entered the US market on September 10, 2015, with plans announced for an initial eight stores in the country. We are optimistic about Primark’s chances of success in the US, given American shoppers’ reluctance to spend big on fashion.

Plukka Disrupting The Fine Jewelry Industry Since 2011

Founded in 2011, Plukka is a Hong Kong–based, online international retailer of curated collections of designer fine jewelry. After its launch, Plukka quickly rose to fame due to its innovative online sales model, which applied group buying to the manufacturing of made-to-order designer jewelry. Since then, the company has evolved into the world’s only international distribution platform for fine jewelry, featuring exclusive designers whose jewelry has been worn by celebrities such as Lady Gaga, Katy Perry and Madonna.