How Is Singles’ Day 2020 Shaping Up So Far? Coresight Research November 9, 2020 QUESTION OF THE WEEK: How Is Singles’ Day 2020 Shaping Up So Far? Sales of beauty products are booming during Alibaba’s Double 11 shopping festival: Within the first hour of the event’s first sale period on November 1–3, seven of the top 10 bestselling products were in the beauty or beauty devices categories. In addition, livestreaming has gained huge traction this year, and upgraded logistics infrastructure and increased labor are enabling faster deliveries of customer orders. This document was generated for Other research you may be interested in: 6.18 Shopping Festival Helps Lift Consumer Sentiment After Recent Lows: China Consumer Survey InsightsPositive Sentiment Trend Comes to an End: Weekly US Consumer Sentiment, Week 21, 2025—InfographicThe State of In-Store Retailing 2025: The Dawn of New-Age Stores, Powered by TechnologyEarnings Insights 4Q24, Week 6: Sales Decline for Kroger, Macy’s, Ross Stores and Other Retailers—Infographic
