Insight ReportUS Holiday 2018: Thanksgiving Weekend Sales Creep into Early November Coresight Research November 28, 2018 Executive SummaryFrom Thanksgiving Day through Cyber Monday, more than 165 million Americans shopped according to a new survey by the National Retail Federation (NRF) and Prosper Insights & Analytics. Year-over-year traffic during the five-day holiday shopping period is down by about 9 million shoppers, but up about a million when compared to the NRF/Prosper Insights & Analytics forecast published earlier in November. Black Friday has become the traditional start to the holiday shopping spree with family and friends shopping together in the spirit of the holidays. Cyber Monday was the most popular day to shop, followed by Black Friday. Some 66% of shoppers surveyed used a mobile device to make a holiday purchase decision over the Thanksgiving weekend; such mobile usage reached 88% among those ages 18–24 and 87% among those ages 25–34. Click here to read Coresight’s coverage on US holiday retail and gain key retail insights for 2019 and prior years. 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 ReportTen Days of Holiday Innovators, 2018: Day 7—NeuroGum, an All-Natural Energy Gum Coresight Research November 28, 2018 Executive SummaryTo kick off the 2018 holiday shopping season, Coresight Research is featuring daily profiles of 10 innovative companies that span health and wellness; apparel, footwear and accessories; and beauty. Each of our Ten Days of Holiday Innovators profiles provides a company overview, insight into what makes the company innovative and the company’s recommended “must-have” gift for 2018. In this, the seventh report in our series, we look at NeuroGum, an all-natural energy gum. NeuroGum is vegan, non-GMO, gluten-free, sugar-free gum that claims to help provide focused energy. The gum is made with natural caffeine, L-theanine and B vitamins, a combination designed to boost attention. Facebook selected NeuroGum as one of the 100 emerging brands to appear in its holiday pop-up shops in Macy’s stores across nine cities through February 2, 2019. 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 ReportSingles’ Day 2018: Assessing the Slowdown in Total E-Commerce Growth Coresight Research November 28, 2018 Executive Summary According to data from China-based data services firm Syntun, the total transacted gross merchandise value (GMV) across various e-commerce platforms on Singles’ Day totaled ¥3 billion ($45.2 billion). Alibaba continued to take the lead in the overall sales in this year’s Singles’ Day, accounting for 67.9% market share. JD.com and Suning.com strived to enhance the retail experience through technology with the former envisioning “Boundaryless Retail” and the latter adopting a smart retail strategy. Both retail companies drove sales through enhanced technologies. Total Singles’ Day e-commerce sales growth slowed this year. Yet the festival continues to make China’s retail sector more vibrant, provides opportunities to acquire new customers, and accelerates online-offline integration. 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 Nov 23, 2018 Coresight Research November 28, 2018 This document was generated for
Flash ReportSears Files for Chapter 11 Bankruptcy Protection Coresight Research November 28, 2018 This document was generated for
Insight ReportTen Days of Holiday Innovators, 2018: Day 6—Biovaj Skincare Coresight Research November 27, 2018 Executive SummaryTo kick off the 2018 holiday shopping season, Coresight Research is featuring daily profiles of 10 innovative companies that span health and wellness; apparel, footwear and accessories; and, beauty. Each of our Ten Days of Holiday Innovators profiles gives you a company overview, insight into what makes the company innovative and the company’s recommended “must-have” gift for 2018. In the sixth report in our Ten Days of Holiday Innovators series, we look at Biovaj Skincare. Biovaj Skincare is a California-based, clean beauty brand that makes all of its products from 100% pure, natural and organic ingredients. Biovaj’s Skincare products are made with no fillers, parabens, chemicals, additives, preservatives, colors, alcohol, toxins, fragrances, petrochemicals or mineral oils. Biovaj Skincare packaging is made of 100% recyclable material that is derived from companies that are Forest Stewardship Council (FSC) certified. 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 ReportUS Holiday 2018: Early Cyber Monday Readings Coresight Research November 27, 2018 Executive Summary US Cyber Monday online sales are estimated to have reached $7.8 billion, up 18.3% from last year, according to Adobe Insights. US consumers spent a record $6.2 billion on Black Friday, up 23.6% from last year, according to Adobe Insights. With 28 days between Cyber Monday and Christmas, including Super Saturday, consumers have plenty of time to shop. Click here to read Coresight’s coverage on US holiday retail and gain key retail insights for 2019 and prior years. 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 ReportBlack Friday Boosts China’s Cross-Border E-Commerce Sales Coresight Research November 27, 2018 Executive SummaryBlack Friday boosted China’s cross-border e-commerce sales this year. This day is increasingly identified by Chinese consumers as another important occasion in the year to buy imported goods. JD Worldwide and Kaola achieved strong year-over-year sales growth this Black Friday. Selected brands saw sales even higher than Singles’ Day, according to data from Azoya, an e-commerce services provider. E-commerce platforms adopted different discounting strategies. Alibaba’s Tmall Global offered 50% off in general for the second product purchased within the same category such as cosmetics, mom and baby, nutrition and food. Drone manufacturer DJI offered steep Black Friday discounts. US nutrition retailer Swanson upped its game in the Chinese nutrition market by opening its Chinese e-commerce website ahead of Black Friday. 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 ReportSingles’ Day 2018: Proprietary Coresight Research Data Reveal the Scale of Growth by Category Coresight Research November 26, 2018 Executive SummaryIn this report, we dig into Alibaba’s Tmall Global sales volume on Singles’ Day, using a detailed, proprietary dataset collating information on the top 500 products across 14 different categories on the platform. Diapers and cosmetics were the best-sellers of the categories we tracked, followed by snacks, women’s skincare and infant formula. Very strong unit sales growth reflected pent-up demand for consumer products as buyers waited for sales and promotions on Singles’ Day. We estimate sales of diapers, cosmetics, snacks, skincare, luggage and bags may have been 30–50 times higher than typical daily volumes. Sales promotions differed across categories. Discounts for women’s shoes and diapers were steepest, at 42% and 38% respectively. Most categories offered at least 25% off. Click here to read more Coresight coverage of Singles Day over the last few years. 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 ReportHoliday 2018: A Visit to Westfield Garden State Plaza Mall on Small Business Saturday Coresight Research November 26, 2018 Executive SummaryOn Small Business Saturday, day three of the Thanksgiving weekend holiday shopping spree, Coresight Research visited Westfield Garden State Plaza Shopping Center. According to the National Retail Federation’s (NRF) and Prosper Insights & Analytics annual Thanksgiving weekend shopping survey, 67 million people were expected to go shopping on Small Business Saturday. Many Black Friday promotions were extended through Saturday. Despite a mostly packed parking lot at 3pm, our conversations with sales associates revealed that store traffic wasn’t as strong as last year. We didn’t see too many queues in the stores, with Macy’s a noticeable exception. Westfield Garden State Plaza is a laboratory for new digital first brands. We visited the Wayfair pop-up. Click here to read Coresight’s coverage on US holiday retail and gain key retail insights for 2019 and prior years. 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 ReportUK Black Friday 2018: Extensive Apparel Discounting but Softer Shopper Traffic Coresight Research November 26, 2018 Executive SummaryCoresight Research’s UK team visited London shops early on Black Friday morning to gauge crowds and deals. Here are the top trends we observed during our store checks: We saw more subdued shopper traffic at a number of retailers compared to last year, including at House of Fraser, John Lewis and Currys PC World. Some retailers offered discounts over an extended period, and this likely impacted footfall on Black Friday. Department stores and apparel retailers offered extensive and often-substantial discounts. Debenhams had near-universal price cuts of around 20%–30% across apparel and beauty. In apparel and accessories, House of Fraser offered 60% off selected private label goods and 20%–30% off selected branded products. John Lewis offered selective discounts on premium apparel brands. H&M offered 20% off everything and Zara offered 20% off outerwear, knitwear, shirts, trousers (except leggings), sweatshirts, bodysuits and shoes. Next offered deep discounts on a very limited range, apparently to clear old stock. Online, Boohoo.com offered deep discounts and ASOS offered 20% off everything. 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 November 23, 2018 Coresight Research November 23, 2018 Executive Summary This week’s note “From the Desk of Deborah Weinswig” discusses the spate of attacks on retailers and consumers by the hacker group known as Magecart. Walmart has overtaken Apple to become the No. 3 online retailer in the US. While Amazon still leads by a wide margin, accounting for 48% of e-commerce sales in 2018, Walmart is poised to capture 4% of all online retail spending in the US by year-end. British online supermarket and technology firm Ocado is focusing on new expansion possibilities in Europe and in markets such as Japan, South Korea and Australia as it looks to strike deals with established grocers and venture into other categories. American consumer retail company Williams-Sonoma and Reliance Industries subsidiary Reliance Brands recently announced a partnership that aims to bring Williams-Sonoma’s Pottery Barn, Pottery Barn Kids and West Elm brands to India. This document was generated for
Insight ReportUS Holiday 2018: Latest Survey Data Show Americans Still Have a Lot of Shopping to Do! Coresight Research November 23, 2018 Executive SummaryThis holiday season, US retailers will experience the growing purchasing power of GenZers and millennials, according to the latest survey data from the National Retail Federation (NRF) and Prosper Insights & Analytics. Some 43% of GenZers (those ages 18–24) and 38% of millennials (ages 25–34) plan to spend more this holiday than they did last year. But, in absolute terms, their spending falls short of the $1,007 average spend for all adults, which is driven by those 35 years and older. The top toy for girls is Barbie, and for boys, LEGO. Some 70% of holiday shoppers plan charitable activities this holiday, and 78% of charitable consumers say it will have no impact on their overall holiday spending. Click here to read Coresight’s coverage on US holiday retail and gain key retail insights for 2019 and prior years. 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 Report2018 Cyberport Venture Capital Forum: What Are Investors Looking for in Tech Investments? Coresight Research November 23, 2018 Executive SummaryThe Coresight Research team attended the Cyberport Venture Capital Forum on November 8 in Hong Kong. The forum is an annual event hosted by Cyberport, Hong Kong’s digital-technology development zone under the initiative of the Hong Kong government, to connect investors with startups. Cyberport has been attracting substantial investments: In just six months (April to September 2018), Cyberport’s startups have raised over HK$3.89 billion (US$497 million) of investment funding. Chinese consumers are increasingly concerned about well-being, and it is believed that the economy will be driven by the well-being-related products or services. Startups able to develop core technologies and demonstrate breakthroughs can survive amid increasing competition. Grasping the essence of new technology to address the key pain points is crucial for startups to attract investors. 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 ReportTen Days of Holiday Innovators, 2018: Day 5 – AUrate New York Coresight Research November 22, 2018 Executive SummaryTo kick off the 2018 holiday shopping season, Coresight Research is featuring daily profiles of 10 innovative companies that span health and wellness; apparel, footwear and accessories; and, beauty. Each of our Ten Days of Holiday Innovators profiles gives you a company overview, insight into what makes the company innovative and the company’s recommended “must-have” gift for 2018. In the fifth report in our Ten Days of Holiday Innovators series, we look at AUrate New York. AUrate is a New York-based, handcrafted fine jewelry brand founded in 2014 by Bouchra Ezzahraoui and Sophie Kahn. The company launched as a direct-to-consumer fine jewelry brand that “checks all of the boxes,” focusing on designing high-quality fine jewelry, made with ethically sourced, sustainable materials at fair pricing. Today, the company operates as a fine jewelry, direct-to-consumer brand plus five stores. The cofounders, formerly businesswomen at Goldman Sachs and Marc Jacobs, said that they saw a white space in the “middle” of the jewelry market for the millennial woman, like themselves, who were buying quality jewelry pieces and building their own collections (and not waiting for someone else to buy it for them). The company offers Curate, a try at home service, for consumers to try up to five fine jewelry pieces free before deciding on a purchase. 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
