Insight Report 7 minutes PremiumNew Retail Briefing: Tmall Debuts a Luxury Discount Platform, Enabling Brands To Clear Inventory Coresight Research May 26, 2020 What's InsideThis report is part of a monthly series in which we discuss developments in China under the banner of “New Retail.” We offer insights into recent news, with a focus on digitalization and strategic collaborations. This month, highlights include the new initiatives that brands and e-commerce platforms have launched to generate sales in the wake of the coronavirus pandemic—such as Tmall’s new luxury discount channel and Decathlon’s success on its Tmall Super Brand Day. Tencent has also set up its own mini program to capitalize on the group-buying trend in China’s lower-tier markets. Furthermore, Shanghai kicked off a new, two-month-long “55 (Double Five) Shopping Festival” to revive the economy post coronavirus lockdowns, which we discuss in a separate report. The appendix of this report details the last 12 months of New Retail developments in China. Click here to read the previous report in the New Retail Briefing series, which looked at retail firsts on e-commerce platform Tmall—specifically, the use of livestreaming for Shanghai Fashion Week and the launch of Huda Beauty’s flagship store. Click here to view Coresight Research’s ongoing coverage of the coronavirus outbreak. 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 Other research you may be interested in: October 2023 UK Retail Sales: Growth Slides Again Amid High Borrowing Costs and Unfavorable WeatherCGI and 3D Product Imagery: The Future of Visual Merchandising in E-CommerceNavigating Digital Transformation: Optimizing Hospitality Operations To Enhance Margins and GrowthNovember 2024 US Retail Sales Outlook: Strong October To Fuel Solid Holiday Sales