Insight Report 7 minutes PremiumNew Retail in China: Gucci Launches a Flagship Store on Tmall Coresight Research February 1, 2021 What's InsideIn our New Retail in China series (formerly New Retail Briefing), we review the latest trends in New Retail, with a focus on major digital platforms and multichannel retail companies in China. We offer insights into recent news, with a focus on digitalization and strategic collaborations. This month, highlights include Gucci’s launch of a flagship store on Tmall Luxury Pavilion and China’s growing domestic duty-free market, including the opening of JD.com’s first duty-free store, in Hainan province. We also discuss investments in delivery lockers from JD.com, Pinduoduo and Suning.com, given their increase in popularity as last-mile delivery solutions. The appendix details the last 12 months of New Retail developments in China. Click here to read the previous report in the New Retail in China series, which discusses Alibaba’s upgrades to the Taobao app content ecosystem and the opening of three Seven Fresh Life stores in Guangzhou in December by JD.com. This report is for paying subscribers only. Already a paying subscriber? Please log in to see the entire report.If you wish to learn more about our subscription plans and become a paying subscriber, click here. This document was generated for Other research you may be interested in: US Back to School 2023: Retail Outlook—Macro Context and Consumer PlansInnovator Profile: dotkonnekt Revolutionizes Digital Commerce with Its AI-Powered Sangria PlatformInnovator Profile: Node Makes Guest Users Loyal CustomersThe Metaverse Is Not Dead: Defying the Rumors of Its Demise
