Question of the WeekHow Much Do Chinese Consumers Contribute to the Global Luxury Goods Market? Coresight Research February 17, 2020 QUESTION OF THE WEEK: How Much Do Chinese Consumers Contribute to the Global Luxury Goods Market? Chinese consumers accounted for 35% of total worldwide sales of personal luxury goods in 2019, up from 33% in 2018; Bain forecasts this share to reach 46% in 2025. Using Bain data, Coresight Research estimates that 70% of the total luxury spend by Chinese consumers in 2019 was outside of China. This document was generated for
Insight ReportJanuary 2020 US Retail Sales: Multiple Sectors Register Declines Amid Overall Slower Growth Coresight Research February 17, 2020 Reasons to ReadCoresight Research’s monthly reports keep you up to date on US and UK retail sales, US retail traffic and in-store metrics, selected US retailers’ same-store sales and key global consumer indicators. Click here to view our full collection of Monthly Reports. Highlights from our January 2020 US Retail Sales Report: We analyze the latest monthly retail sales data from the US Census Bureau. Total retail sales grew year over year in January—but far more slowly than in December. Calendar shifts pushed Black Friday and Cyber Monday six days later than in 2018, contributing to December’s strong year-over-year growth. Nonstore retailers grew sales significantly in December 2019; that growth slowed but remained healthy in January. Department store sales fell again in January, although not as steeply as in December. Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for
Insight ReportXcel Brands x Coresight Research Monthly Fashion Trend Report: February 2020—Top Trends Include Square-Neck Tops and Puff-Sleeve Dresses Coresight Research February 17, 2020 Reasons to ReadThe Xcel Brands x Coresight Research Monthly Fashion Trend Report highlights fashion trends with accelerated and steady growth. First, the team analyzes search patterns, looking for growth in specific areas this year compared to last year, then searches pattern growth over the prior three months. Then, the team analyzes total search volume compared to the prior month. The result is an earlier emerging trend prediction, providing information on sustained and accelerated fashion trend growth. The Monthly Fashion Trend Report shows: The top growing and accelerating fashion silhouettes and print trends. What consumers are searching for in dresses, tops, pants and sweaters. Which fashion trends are accelerating, which are steadily growing—and which are slowing. Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for
Deep DiveChinese E-Commerce Platforms: Exploring the Diverse Opportunities for Brands Coresight Research February 17, 2020 Reasons to ReadWe assess China’s e-commerce landscape, which has evolved over the years to become more diverse, encompassing various verticals, cross-border commerce and social media. Exploring this increasingly congested landscape, we discuss the following key topics: The different types of platforms and the major players in each category The ways in which Chinese platforms—such as Alibaba and JD.com—are looking to drive traffic and better serve consumers, including by introducing livestreaming and embracing group buying The opportunities in the China market that e-commerce platforms are offering brands and retailers To read more about this innovative and expanding market, see Coresight Research’s 10 trends for China e-commerce in 2020 here. Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for
Insight ReportXcel Brands x Coresight Research Monthly Fashion Trend Data Report: February 2020 Coresight Research February 17, 2020 Reasons to ReadThe Xcel Brands x Coresight Research Monthly Fashion Trend Report highlights fashion trends with accelerated and steady growth. First, the team analyzes search patterns, looking for growth in specific areas this year compared to last year, then searches pattern growth over the prior three months. Then, the team analyzes total search volume compared to the prior month. The result is an earlier emerging trend prediction, providing information on sustained and accelerated fashion trend growth. The Monthly Fashion Trend Report shows: The top growing and accelerating fashion silhouettes and print trends. What consumers are searching for in dresses, tops, pants and sweaters. Which fashion trends are accelerating, which are steadily growing—and which are slowing. Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for
Analyst CornerWeinswig’s Weekly—February 16, 2020 Coresight Research February 15, 2020 Reasons to ReadIn each report in the Weinswig’s Weekly series, Coresight Research CEO and Founder Deborah Weinswig reflects on a topical theme in retail. This week’s note looks at whether this year could be the tipping point for sustainability in fashion. Each report also includes the following content: Recent retail and technology headlines from Asia, Europe, Latin America and the US—this week’s highlights include Sephora, Puig and Prada. Macroeconomic updates for Asia, Europe, Latin America and the US An earnings calendar for Coresight 100 companies A calendar of upcoming retail events This document was generated for
Flash ReportCoronavirus Briefing: Outbreak Drives Four Innovative Retail Trends in China Coresight Research February 14, 2020 Reasons to ReadWith the Chinese government advising people to stay indoors and avoid public places, the coronavirus outbreak is driving four key retail trends in China as retailers look to provide alternative access to their products for consumers. We discuss the rise in popularity of fresh-produce vending machines and the introduction of innovative logistics and delivery methods, including drones. We also consider moves by supermarkets to take on staff from the restaurant and entertainment sectors, which have had their operations suspended. Click here to view Coresight Research’s ongoing coverage of the coronavirus outbreak in China. This document was generated for
Insight ReportValentine’s Day: Making It Sustainable Coresight Research February 14, 2020 Reasons to ReadIn the US, Valentine’s Day 2020 is set to break records for spending, with consumers buying up flowers, chocolates, cards and meals. But how sustainable is Valentine’s Day? Starting the month before Valentine’s Day, hundreds of rose-laden cargo planes fly from Colombia and Ecuador burning over 25 million gallons of fuel. Turning cocoa into chocolate uses 4,500 liters of water per pound of chocolate. US Consumers will spend $1.3 billion on greeting cards—most not made from recycled paper nor supplied from sustainable forests. Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for
Store TrackerWeekly US and UK Store Openings and Closures Tracker 2020, Week 7: Skechers Plans To Open More Stores Coresight Research February 14, 2020 Reasons to ReadOur Weekly US and UK Store Openings and Closures Tracker reports on store closures, openings and bankruptcies. We cover: What is happening in retail in the US and UK this week Year-to-date 2020 major US and UK store openings and closures 2020 major US retail bankruptcies New non-store-closure news This week, there are highlights from Skechers and Under Armour in the US and Beales in the UK. Click here to view our full collection of Weekly US and UK Store Openings and Closures Trackers. Complementing our weekly Tracker report, the new Coresight Research Retail Store Databank offers our premium subscribers access to openings and closures data from 2012 to 2020 year to date, filterable by sector and year. Click here to view. Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for
Flash ReportGoogle Cloud Closes $2.6 Billion Acquisition of Analytics Company Looker Coresight Research February 14, 2020 Reasons to ReadGoogle Cloud’s $2.6 billion acquisition of analytics company Looker is the latest move by the company to expand the capabilities of its fast-growing cloud business to offer clients more cloud-based, innovative business solutions. This deal adds a number of key capabilities to the company’s portfolio and strengthens its position in the market, including: Adding business intelligence and data-visualization capabilities Enhancing its ability to compete with AWS and Microsoft The acquisition underscores the importance of business intelligence and data visualization for enterprises and retailers. This document was generated for
Three Things You Need To Know: Amazon Apparel Update: An Analysis of Listings on Amazon Fashion Coresight Research February 13, 2020 We present Three Things You Need To Know on Amazon Apparel Update: An Analysis of Listings on Amazon Fashion. Find the full report here. This document was generated for
Flash ReportCoronavirus Briefing: What Can We Learn from the Swine Flu Pandemic of 2009? Coresight Research February 13, 2020 Reasons to ReadWith the coronavirus on the verge of becoming a pandemic, we compare its outbreak to the swine flu pandemic of 2009, to assess the potential threat it could pose to the global economy. We include the following key content: A comparison of the coronavirus and swine flu, including symptoms, number of cases, government actions and economic impact A timeline of the swine flu pandemic from its outbreak in 2009, considering the measures taken by governments A discussion of the impact of swine flu on the global economy, and how the coronavirus could compare Click here to view Coresight Research’s ongoing coverage of the coronavirus outbreak. This document was generated for
Event CoverageHighlights from the “Introduction to Tmall Global” Webinar: International Opportunities and the Livestreaming Trend Coresight Research February 13, 2020 Reasons to ReadThe Coresight Research team participated in Tmall Global’s webinar on February 12 to learn more about the Alibaba ecosystem and how Western companies can leverage the platform as a springboard to entering the China market. This report highlights the opportunities for global brands in the China market, Tmall Global’s consumer demographics and livestreaming as a fast-growing e-commerce trend. We offer examples from North America of brands that are effectively leveraging Tmall Global to access the China market. This document was generated for
Insight ReportThe 4-5-4 US Retail Calendar, 2020–21: Your Guide to the Retail Year Coresight Research February 13, 2020 Reasons to ReadThe 4-5-4 US retail calendar is a guide to the fiscal year ending January 30, 2021. The calendar is used by many US retailers; it ensures comparability between years by dividing the year into months based on a ‘4 weeks–5 weeks–4 weeks’ format. We note major holidays and calendar events within each week across the year and compare when these fall compared to 2019–20. Click here to view the 4-5-4 US retail calendar, 2019 vs. 2018. Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for
Insight Report2020 Tax Tracker, Week 1: Tax Season Off to a Slow Start with 1.6% Decline in Filings Coresight Research February 12, 2020 Reasons to ReadEach year, the IRS reports tax return filings and refunds on a weekly basis, starting from the end of January until the April 15 deadline. In this report, we look at what happened in the first week of the 2020 tax filing season. Filings are slightly down from this time last year Average refunds are slightly higher than last year The IRS rolled out some new features, including a question (and accompanying form) about cyber currencies—and a form just for the over 65 Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for
