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: April 2025 US Retail Sales: Growth Rate Reaches New High for 2025 Despite Economic UncertaintyLower-Income Consumers’ Economic and Financial Sentiment Improves: US Consumer Survey InsightsConsumer Sentiment Declines Significantly, Driven By Middle-Income Consumers: US Consumer Survey InsightsThe Intelligent Inventory Playbook: How to Approach Inventory Excellence
