| June 2, 2020 Free Report Three Things You Need To Know: Global Tourism—China’s Travelers Set To Pivot to Domestic Tourism, Coresight Research Survey ConfirmsWe present Three Things You Need To Know on Global Tourism: China’s Travelers Set To Pivot to Domestic Tourism, Coresight Research Survey Confirms. Read More
Question of the Week | May 25, 2020 Free Report How Has the Coronavirus Pandemic Impacted Chinese Tourists’ Travel Plans?QUESTION OF THE WEEK: How Has the Coronavirus Pandemic Impacted Chinese Tourists’ Travel Plans? Read More
Insight Report | May 20, 2020 Premium Global Tourism: China’s Travelers Set To Pivot to Domestic Tourism, Coresight Research Survey ConfirmsAs part of our quarterly Global Tourism series—which discusses domestic and international tourism themes and trends—we explore how the coronavirus crisis has impacted the behaviors and plans of Chinese travelers, based on key findings from our recent proprietary survey. Read More
Insight Report | May 5, 2020 Premium Experiential Retail: VR Technology Drives Consumer Engagement and 70% Higher Conversion RatesDue to the widespread store shutdowns amid the coronavirus pandemic, consumers are shopping online for nearly all of their discretionary needs. We explore how brands and retailers can leverage virtual reality technologies to enhance their e-commerce offerings and engage with shoppers through experiential retail—while realizing benefits such as higher purchase conversion rates and wider reach to consumers. Read More
Insight Report | April 23, 2020 Premium Beauty Insights: Livestreaming Increases Revenue and Loyalty—Lessons Learned during the CoronavirusWith many brands and retailers facing heavy revenue losses due to widespread temporary closures caused by the coronavirus, we explore how beauty brands are leveraging digital channels to engage with consumers. We consider the lessons that can be learned from beauty retail in China, with a focus on livestreaming. Read More
Market Navigators/Market Outlook | April 16, 2020 Premium Market Overview: Luxury—Taking a Back Seat to the Global PandemicIn this market overview, we explore the personal luxury goods market landscape and consider the top 20 companies and top 15 brands in the global market by revenue. We discuss the impact of the ongoing coronavirus pandemic on both supply and demand in the luxury industry, as well as considering the importance of China’s luxury shoppers in today’s environment. Read More
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