Insight Report | March 10, 2020 Premium Insights from China: How Brands Can Leverage Chinese Quora-Like Platform ZhihuChina’s Zhihu is a Quora-like online forum that has grown to attract 220 million users, most of whom are well educated, have higher-than-average incomes and live mostly in tier-1 and tier-2 cities. The social platform offers opportunities for brands to interact with consumers and build brand awareness: Companies such as Amazon have started to utilize Zhihu’s enhanced features, which include livestreaming. Read More
Flash Report | February 24, 2020 Register for Free Access Coronavirus Briefing: China’s Outbound Tourism Will Be Hurt, but Possibly Not for LongChinese outbound travelers led spending in tourism globally before the coronavirus outbreak. We discuss the potential short-term impact that the virus could therefore have on the tourism industries of popular destinations among Chinese travelers. We also consider how a decline in the number of international tourists from China could affect airport retail sales. Read More
Insight Report | February 20, 2020 Premium Beauty Insights: Assessing the Impact of the Coronarivus on Global Beauty CompaniesWith the number of cases of coronavirus continuing to rise, we assess the potential impact of the outbreak on global beauty companies that have a presence in China—focusing on Estée Lauder, L’Oréal, LVMH (Sephora) and Shiseido. We consider both online and physical retail channels, as well as the travel retail market. Read More
Event Coverage | February 13, 2020 Register for Free Access Highlights from the “Introduction to Tmall Global” Webinar: International Opportunities and the Livestreaming TrendTmall Global held a webinar to promote its online prowess in the fast-growing China market, where younger consumers are embracing new purchasing channels—and shedding their parents’ frugal spending habits. Read More
Insight Report | February 10, 2020 Premium Global Tourism: Improved Infrastructure and Enhanced Shopping Experiences Are Driving Airport Retail SalesAs part of our quarterly Global Tourism series—which discusses domestic and international tourism themes and trends—we explore the booming airport retail market. Key factors contributing to the growth of the sector include the influence of Chinese travelers, the rise of budget airlines and enhanced shopping experiences and customer engagement. Read More
Flash Report | February 7, 2020 Register for Free Access Coronavirus Briefing: Assessing the Near-Term Impact on China’s EconomyWith the number of cases of coronavirus infection continuing to rise, we assess the possible economic impact of the outbreak on China’s economy. We can refer to the 2002-03 SARS outbreak, but China’s economy has changed since then, and that could alter the way this outbreak plays out. Read More
Flash Report | February 6, 2020 Register for Free Access Coronavirus Briefing: China’s Food-Service Firms Shutter Stores and Turn to Contactless ServicesFaced with restaurant closures and a sudden fall-off in business amid the ongoing corona virus outbreak, China’s food-service firms are inventing novel ways to bring food to customers in ways that minimize exposure to other people. Read More
Flash Report | February 3, 2020 Register for Free Access Coronavirus Briefing: Potential Impact on China’s GDP, More Store Closures, Implications for Supply ChainsThe coronavirus impact on China’s GDP could be worse than the two percentage points SARS shaved off during the 2002–03 outbreak. With Wuhan a center of manufacturing for several key industries, we expect supply chain disruptions if factories remain closed. Read More
Flash Report | January 31, 2020 Register for Free Access Coronavirus Briefing: Global Retailers, Brands and Tech Companies Offer AssistanceGlobal retail is likely to be further affected by the coronavirus in China as the World Health Organization has now declared it a “public health emergency of international concern.” Global companies—including retailers, tech companies, real estate firms and wealthy individuals—are continuing to pledge donations. Read More
Flash Report | January 30, 2020 Register for Free Access Coronavirus Briefing: Restaurants and Stores Close, Flights CutThe ongoing Coronavirus outbreak in China is impacting not only the domestic economy but retail globally. Already, international retailers are closing shops in, and limiting travel to, affected areas. Airlines have canceled flights and the falloff in Chinese outbound tourism could hit travel retail hard. Read More
Flash Report | January 29, 2020 Register for Free Access Coronavirus Briefing: Assessing the Economic ImpactThe coronavirus hitting central China came at a bad time for the domestic economy—just before the all-important Lunar New Year holidays. The good news is that most consumers probably did most of their holiday shopping in advance; the bad news is that the outbreak is far from over. Read More
Deep Dive | January 20, 2020 Free Report Retail 2020: 10 Trends for China E-CommerceWe expect 2020 to be a year full of innovation and expansion in China’s e-commerce market. Major players will adopt new initiatives and technologies and look to expand into lower-tier cities. We present 10 trends that will shape China’s e-commerce landscape in 2020 and the implications of these for brands. Read More
Insight Report | January 14, 2020 Premium Insights from China: How Foreign Retailers Can Leverage the “She Economy”Women are being empowered in China, as we are seeing increasing employment rates and higher incomes for female workers. We look at the increasing shopping power of Chinese women and how foreign brands and retailers can leverage the opportunity of the thriving “She Economy.” Read More
Insight Report | January 9, 2020 Premium Estée Lauder Beauty: A Timeline of Key EventsTracking Estée Lauder’s rise to prominence from its founding in 1946 to modern beauty icon and innovator. The company now boasts a portfolio of over 25 prestige brands spanning cosmetics, skincare, haircare and fragrances with annual revenues totaling $14.9 billion in fiscal 2018. Read More
Event Coverage | January 9, 2020 Register for Free Access CES 2020, Day 2: Physical Retail, Tourism and Data StrategyThe Coresight Research team is in Las Vegas for CES 2020. We offer our top five insights from the second day of the event, including the transition of digitally native brands into physical retail, increasing demand for personalized travel experiences and the explosion of data in healthcare retail. Read More