Reasons to Read

The US resale market, from apparel to furniture and toys, is set to boom in 2021. We provide an overview of the US resale market, with a focus on fashion resale. This report also includes the following key topics:

  • Our estimates for US fashion resale growth in 2021, as well as fashion resale’s anticipated share of the total US fashion market
  • Major resale business models and key players—including overviews of how Etsy, Poshmark and ThredUP operate their resale businesses
  • Opportunities in the US luxury resale market, with insights on the Coresight Research Hourglass Model of Retail
  • Headwinds faced by US resale platforms

Click here to read our report on how companies are tapping demand in rental, subscription and resale in the US.

To read about the digital recommerce market for pre-owned products in China, click here.

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  • The Coresight Research US Apparel and Beauty Spending Tracker provides a monthly update on the trajectory of consumer spending on beauty, clothing and footwear. The data are sourced from the US Bureau of Economic Analysis (BEA).
  • Consumer spending on clothing and footwear saw a deep year-over-year decline of in December 2020. The trend may reflect early shopping ahead of the final holiday peak and renewed stay-at-home orders that were issued in early December in the US.

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Executive Summary

Coresight Research’s key global retail and consumer trends for 2021 fall under five umbrellas: the new consumer; the future of physical retail; the evolution of digital retail; doing good is good business; and discovering ways of transacting.

 The trends range from some of the biggest, multiyear, multicategory trends such as wellness and sustainability to more nascent or niche trends such as livestreaming and experiential e-commerce. 

 In this presentation, we outline our predictions and discuss the impact of each trend on various retail sectors and regions.

 Click here to read the full, free report, which explores each global retail trend in more detail.

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Reasons to Read

The Coresight Research US Apparel and Beauty Spending Tracker provides a monthly update on the trajectory of consumer spending on beauty, clothing and footwear.

Coresight Research’s monthly reports keep you up to date on US and UK retail sales, US retail traffic and in-store metrics and key global consumer indicators. Click here to view our full collection of Monthly Reports.

Using data from the US Bureau of Economic Analysis, we discuss clothing declines in December 2020, and the moderation of beauty spending growth during the month. This report covers the following:

  • US consumer spending on clothing and footwear—year-over-year change
  • US consumer spending by subcategory, including children’s and infant’s clothing, men’s and boy’s clothing, and women’s and girl’s clothing—year-over-year change
  • US consumer spending on footwear—year-over-year change
  • US consumer spending on selected beauty categories—year-over-year change

 

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Reasons to Read

On January 28, 2021, the Council of Fashion Designers of America (CFDA) hosted its third panel in a series on adaptive fashion. Deborah Weinswig, CEO and Founder of Coresight Research, and Erin Schmidt, Senior Analyst at Coresight Research, joined the other leading researchers in the field of adaptive apparel to discuss the current retail opportunity in the market.

In this free report, we present five key insights from the panel. We provide details about the panelists at the end of the report.

For more Coresight Research coverage of adaptive apparel in the US, read our free report on market highlights and look out for our upcoming deep dive, Think Tank: US Adaptive Apparel Market.

CONTENTS

CFDA on Adaptive Fashion: Learning from the Researchers—Five Key Insights

1. Adaptive Apparel Is a White-Space Retail Opportunity

2. Beyond the Product: Improving the Shopping Experience for People with Disabilities

3. Market Headwinds: Lack of Awareness and Consistency

4. Breaking Down Barriers for People with Disabilities

5. Elevator Pitch for Adaptive Apparel

Panelists

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We present Three Things You Need To Know on Market Outlook: Understanding India’s $800 Billion Retail Sector. Find the full report here.

Reasons to Read

Our weekly Earnings Insights reports feature highlights from recent management commentary at major US retailers within our Coresight 100 coverage list, as they report fourth-quarter 2020 earnings.

We condense what retail companies are reporting regarding the following key content:

  • Management commentary on demand trends in the fourth quarter (where reported)—including comparable sales growth, details on consumer demand by category or channel, and qualitative insights
  • The impact of the Covid-19 pandemic on recent performance
  • The outlook for demand, as reflected in revenue guidance or more qualitative commentary

This week, there are highlights from companies that reported in the week ended February 7, 2021, namely Alibaba, Amazon, Brookfield Property Partners, Canada Goose, Capri Holdings, eBay, Ralph Lauren and Tapestry.

Click here to read the final report in the Earnings Insights 3Q20 series.

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Reasons to Read

This report forms part of our Innovator Profile series, which focuses on emerging technologies that are disrupting traditional retail and fueling innovation across the retail value chain.

In this free report, we profile Savitude, a provider of digital ideation and design solutions that leverages analytics and artificial intelligence (AI) to improve the efficiency of fashion design while enabling designers to continue expressing their creativity.

Coresight Research collaborated with Savitude to offer insights into the company’s business model and offerings.

This report is available for free and can be accessed by registering for a free account.

To learn more about Savitude and the use of AI technology in the shifting design landscape, read our separate Innovator Intelligence report.

Contents

What’s the Story?

Why It Matters

Savitude: In Detail

What Problem Is the Company Solving?

How the Covid-19 Pandemic Has Impacted Business

Case Study

Competitive Advantages

Upcoming Developments

What We Think

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Reasons to Read

This report provides select findings fromCoresight Research’s February 1 survey of US consumers on their behaviors and expectations, with a focus on implications for retailers. This week, we discuss long-term consumer expectations on retention of changed behaviors and what consumers bought in-store and online.

This report is available for free and can be accessed by registering for a free account.

We highlight selected findings from our weekly survey across three key topics:

  • Behaviors that consumers expect to retain after the crisis
  • What activities consumers have done over the past two weeks
  • What consumers have bought in-store and online

Our full report is available to premium subscribers and includes further findings on shoppers’ current online spending habits and the retailers they shopped at.

Click here to view all of our weekly survey reports.

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Reasons to Read

Coresight Research’s February 1 survey provides a detailed update on US consumers’ behaviors, concerns and expectations amid the coronavirus crisis, with a focus on the implications for US retail.

Our tracker questions cover the following:

  • What product categories respondents had purchased in-store and online in the past two weeks
  • Which retailers respondents had bought food and nonfood products from in the past two weeks
  • What activities respondents have done in the past two weeks
  • Whether respondents are currently avoiding public areas—and which types of places they are avoiding
  • The changed behaviors that respondents expect to retain after the pandemic

We also present findings and trend data on shoppers’ current shopping and online spending habits—including what they are buying more and less of than pre-pandemic.

If you do not have a premium subscription, you can access select findings in a complimentary abridged report.

Click here to view all of our weekly survey reports.

CONTENTS

What’s the Story?

What Shoppers Are Buying and Which Retailers They Are Buying From

What Consumers Bought In-Store and Online

Which Retailers Consumers Purchased Food and Nonfood Products From

What Shoppers Are Doing and Where They Are Going

More Consumers Are Comfortable Returning to Some Regular Activities

Over Eight in 10 Are Currently Avoiding Public Places

Reviewing Trend Data in Current Purchasing Behavior

What Consumers Are Currently Buying More Of and Less Of

Fewer Than Half Expect To Retain Changed Behaviors in the Long Term

What We Think

Methodology

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Reasons to Read

In each report in the Weinswig’s Weekly series, Coresight Research CEO and Founder Deborah Weinswig reflects on a topical theme in retail. This week’s note “From the Desk of Deborah Weinswig” presents the two biggest multiyear trends that Coresight Research believes will impact retail in 2021: wellness and sustainability.

Each report also includes recent retail and technology headlines from Asia, Europe and the US.

This report is available for free and can be accessed by registering for a free account.

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Reasons to Read

Our Weekly US and UK Store Openings and Closures Tracker reports on store closures, openings and bankruptcies. We cover:

  • A week-by-week comparison of store openings and closures in the US and UK year to date in 2021
  • What is happening in retail in the US and UK this week
  • Year-to-date 2021 major US and UK store openings and closures

This week, there are highlights from Bloomingdale’s, PGA TOUR Superstore, The Container Store, Toys“R”Us and Tractor Supply Company in the US and Arcadia Group, ASOS, Frasers Group, New Look and Paperchase in the UK.

Click here to view our full collection of Weekly US and UK Store Openings and Closures Trackers.

Complementing our weekly report, the Coresight Research Retail Store Databank offers our premium subscribers access to openings and closures data from 2012 to 2021 year to date, filterable by sector and year. Click here to view.

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Reasons to Read

This report is the first in our new, monthly series tracking several major macroeconomic indicators and their likely effect on US retail sales. We analyze the latest available data, as of the end of January 2021.

This report includes discussion of the following 10 indicators:

  1. Unemployment rate
  2. Labor force participation rate
  3. Disposable income
  4. Average hourly wages
  5. Consumer sentiment
  6. Savings rate
  7. Gas prices
  8. Interest rate
  9. Housing starts
  10. Home price index

Coresight Research’s monthly reports keep you up to date on US, UK and China retail sales, US retail traffic and in-store metrics and key global consumer indicators. Click here to view our full collection of Monthly Reports.

Complementing our monthly reports, the Coresight Research US Retail Sales Databank brings together retail sales data to help you understand the scale and trajectory of US retail.

Contents

What’s the Story?

Why It Matters

Leading Indicators of US Retail Sales: In Detail

Indicators Overview

The Job Market

Income, Savings and Sentiment

Housing

What We Think

Implications for Brands/Retailers

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Reasons to Read

In this Market Outlook, we explore India’s retail sector.

This report covers the following key content:

  • The size and composition of India’s retail market and expectations for growth in 2021—including consumer spending on key retail categories
  • Discussion of market drivers, including pandemic-induced spending behaviors and the country’s population demographics
  • E-commerce penetration in India’s retail market, including comparison with other global markets and pandemic-related shifts

This report also covers a breakdown of India’s top 15 retail companies by revenue, with details on sector, year-over-year growth and market share—including Avenue Supermarts, Flipkart Internet, Reliance Retail and V-Mart Retail.

Click here to view all Coresight Research Market Outlook reports.

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Reasons to Read

Our monthly US Store Tracker Extra report supplements the Weekly US and UK Store Openings and Closures Tracker reports with additional insight, including retailer-level data on square footage and closures and openings as a percentage of total store base.

This report also offers a comparison between year-to-date announced closures and openings at the end of each month in 2021 versus the comparable period in 2020.

Year-to-date data in this report is as of January 29, 2021 (corresponding to week four in our Weekly US and UK Store Openings and Closures Tracker).

Click here to view our full collection of Weekly US and UK Store Openings and Closures Trackers and monthly US Store Tracker Extra reports.

The Coresight Research Retail Store Databank offers our premium subscribers access to openings and closures data from 2012 to 2021 year to date, filterable by sector and year. Click here to view.

CONTENTS

Store Tracker Extra: Introduction

2021 Major US Store Closures: Proportion of Store Base and Square Footage

2021 Major US Store Openings: Proportion of Store Base and Square Footage

2021 Versus 2020: A Year-to-Date Comparison

Bankruptcies

Other Major US Closure and Opening Announcements in January 2021

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