Luxury

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Store Tracker | November 13, 2020 Premium

Weekly US and UK Store Openings and Closures Tracker 2020, Week 46: Furniture Factory Outlet and Furla USA File for Bankruptcy

Our Weekly US and UK Store Openings and Closures Tracker reports on store closures, openings and bankruptcies. This week, there are highlights from Furniture Factory Outlet and Furla USA in the US and Edinburgh Woollen Mill Group and Sainsbury’s in the UK.

Insight Report | November 13, 2020 Premium

Singles’ Day 2020: Making an Impact Around the World

Coresight Research visited physical stores and e-commerce websites to gauge the adoption of Singles’ Day by retailers globally and to gather examples of 11.11 deals—including in Europe, India, Southeast Asia and the US.

Insight Report | November 12, 2020 Premium

Retail Robustness Index: November 2020 Update—Most Metrics Improve Slightly

Coresight Research’s Retail Robustness Index evaluates the 100 largest US retailers (by revenue) on their ability to weather dramatic shifts in demand as the Covid-19 lockdowns began. The November update revises the scores based on financial reports and store-reopening announcements. Alongside the report, our infographic summarizes key changes since the previous Retail Robustness Index update in October.

Insight Report | November 11, 2020 Premium

October 2020 US Retail Traffic and In-Store Metrics: Traffic Declines by 35%, and More Steeply Toward the End of the Month

October 2020 saw a total US nonfood store traffic decline of nearly 35% year over year, as the number of new Covid-19 cases increased. We review weekly shopper traffic trends through the month, as well as traffic by retailer vertical, region and retailer location type.

Insight Report | November 9, 2020 Premium

Earnings Insights 3Q20, Week 1: Home Categories Prove Strong, While Beauty and Apparel Witness Substantial Improvement

Our weekly Earnings Insights reports feature highlights from recent management commentary at major US retailers as they report third-quarter 2020 earnings. We condense what retail companies are reporting, with a focus on the impact of the coronavirus crisis. This week, there are highlights from companies that reported in the week ended November 8, namely Amazon, Canada Goose, Capri Holdings, Hanesbrands, The Estée Lauder Companies, Under Armour and Wayfair.

Insight Report | November 6, 2020

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Brand Journeys to Singles’ Day 2020: #9—Guess? Inc. Adapts Its Strategies To Better Engage Chinese Consumers

Hosted annually on November 11, Singles’ Day is the world’s largest online shopping festival. Continuing Coresight Research’s Brand Journeys to Singles’ Day 2020 series, we profile apparel brand Guess? Inc. We discuss the brand’s Chinese consumer base and how it is using Tmall Global to engage with shoppers in China’s luxury market.

Market Outlook | November 3, 2020 Premium

The US Menswear Market: More Casual, More Competitive

The US menswear market is becoming more focused on comfortwear, casualwear and activewear, with these categories trending among consumers amid the Covid-19 pandemic. We explore the market shift and discuss what brands and retailers are doing to differentiate themselves in an increasingly competitive environment—including through value private labels, technical innovation and collaborations.

Insight Report | October 29, 2020 Premium

New Retail Briefing: Alibaba To Invest in Travel Retailer Dufry To Tap Into China’s Growing Domestic Duty-Free Market

We discuss recent developments in New Retail in China, including Alibaba’s planned investment in travel retailer Dufry to capture sales from China’s growing domestic duty-free market and Pinduoduo’s partnership with Yili, the largest dairy company in China, to livestream the production process in its formula factory as a move to gain consumer trust.

Flash Report | October 26, 2020

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Introducing the New Coresight 100: The Companies Reinventing Retail

With 2020 having accelerated the pace of change in retail, we have re-evaluated the Coresight 100, our focus list of the top 100 of the largest and most influential companies in the global retail ecosystem. We introduce the new list of the top companies to watch, which spans eight sectors and now includes select innovators and private companies.

Insight Report | October 22, 2020 Premium

Insights from China: Using Social Commerce Platform Little Red Book To Raise Brand Awareness

Chinese social commerce platform Little Red Book blends user-generated content and e-commerce. We discuss the growing popularity and influence of the platform, and present four ways in which brands can leverage Little Red Book to raise brand awareness—covering online stores, collaboration with influencers, livestreaming and advertising.

Insight Report | October 16, 2020 Premium

Sustainability at Kering: Setting the Course for the Luxury Industry

We discuss the 2025 Sustainability Strategy of Kering, a Paris-based international group specializing in luxury goods. This report is part of our series exploring the commitments of selected major retailers to sustainability, through the lens of Coresight Research’s EnCORE framework.

Insight Report | October 14, 2020 Premium

China’s National Day Wrap-Up: Golden Week Sees Uptick in Discretionary Spending

China’s National Day holiday ran from October 1 through October 8 this year. We discuss data and offer insights into consumption patterns and behaviors among Chinese tourists during Golden Week 2020, covering travel revenue, retail sales, spending in discretionary categories and food-service revenue. We also consider travel to Macau and the popularity of duty-free shopping.

Event Coverage | October 7, 2020

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Nine Brands Approved To Sell on Tmall Global in Alibaba’s Go Global 11.11 Pitch Fest

Alibaba’s Go Global 11.11 Pitch Fest provides an opportunity for US brands to pitch their businesses to a panel of industry experts for a chance to sell on Tmall this Singles’ Day. We outline the pitches and the key differentiators of each brand.

Insight Report | October 1, 2020 Premium

Sustainability at Tapestry: Three Brands United by a Single Vision

We discuss the environmental, social and corporate governance goals of Tapestry, a US-based, multinational, luxury fashion holding company. This report kicks off our new series exploring the commitments of selected major retailers to sustainability, through the lens of Coresight Research’s EnCORE framework.

Deep Dive | October 1, 2020 Premium

2Q20 US Earnings Season Wrap-Up: Reviewing the Covid-19 Recovery

Second-quarter 2020 retail earnings include recovery from the Covid-19 crisis. We assess the recent performance of US retailers in terms of revenues, earnings per share and comps, considering consensus estimates and year-over-year changes. Although the pace of recovery varies between retail sectors, many retailers initially saw strong sales in reopened stores, driven by pent-up demand. Furthermore, the coronavirus-led pivot to e-commerce led to unprecedented growth in digital sales.