5,869 results found

Weekly Insights Sep 25, 2015

Our recent report, Global Chinese Shoppers: The $200 Billion Opportunity, a major study that we coproduced with consultancy firm China Luxury Advisors estimates that this group’s overseas retail spending will reach $422 billion by 2020—a 5-year CAGR of 13%

Hackers Worm Their Way into Apple’s iOS Orchard

On September 19, WeChat (a division of China Internet giant Tencent) posted a blog entry regarding a security flaw caused by external malware called XcodeGhost that was present in WeChat version 6.2.5 for iOS devices. The malware recorded user data and uploaded it to external servers. WeChat version 6.2.6, which was released on September 11, 2015, is the most recent version of the app and is not affected by the malware.

2015 Back-to-School Outlook

Consumer purchase mentality—What do we need now? A Just in Time Shopper
Macy’s reacts to this shopping behavior by rolling out same-day delivery to additional stores
Look for traditional shopping seasons to continue to blur
Black Friday style sales in July
Harder for retailers to post sales and earnings gains.
Continued IT investments—Mobile, Click & Collect, Personalization, Omnichannel—all mandatory to maintain share
Most categories hovering in deflationary territory