Coresight Research’s Post

Insightful article by Ananya Mariam Rajesh at Reuters News Agency about winners and losers in specialty retail as consumers become more selective. Consumer Edge data reveals that in the apparel and footwear space, newer, more niche companies are outperforming more established players. It is always an honor to support the research and reporting of top national and global economic reporters, providing real-time data and insights into consumer trends. If you are interested in how Consumer Edge data and insights can support your reporting, reach out to pr@consumeredge.com. https://lnkd.in/es2eFuPQ

This Black Friday, timing is everything! 🕒 With US foot traffic expected to peak over the weekend but likely taper off before and after, we’re encouraging retailers to focus on impactful, weekend-exclusive promotions. Here’s what the data tells us: 💍 Jewelry and health & beauty are on track to attract strong interest as shoppers seek gifts that feel luxurious yet accessible. 👚 Apparel might see a modest boost but will likely stay below last year’s levels. 🏠 Home goods and footwear have faced consistent declines this year, so targeted discounts will be essential to draw in budget-conscious shoppers. Black Friday is an opportunity to make each transaction count by aligning with these evolving consumer priorities. Are you tailoring your approach to capture maximum value from this year's unique shopping trends? #BlackFriday2024 #RetailAnalytics #Retail #HolidayShoppingTrends

This Black Friday, timing is everything! 🕒 With US foot traffic expected to peak over the weekend but likely taper off before and after, we’re encouraging retailers to focus on impactful, weekend-exclusive promotions. Here’s what the data tells us: 💍 Jewelry and health & beauty are on track to attract strong interest as shoppers seek gifts that feel luxurious yet accessible. 👚 Apparel might see a modest boost but will likely stay below last year’s levels. 🏠 Home goods and footwear have faced consistent declines this year, so targeted discounts will be essential to draw in budget-conscious shoppers. Black Friday is an opportunity to make each transaction count by aligning with these evolving consumer priorities. Are you tailoring your approach to capture maximum value from this year's unique shopping trends? #BlackFriday2024 #RetailAnalytics #Retail #HolidayShoppingTrends

The U.S. #ecommerce market is growing. To compete, brands need to understand shopper expectations. Our #GlobalVoices survey revealed: - American shoppers are 1.5 times more likely to buy online and return to store - American Millennials are the most likely generation to use BNPL - Apparel and footwear are the most shopped #retail categories Get all the results https://hubs.li/Q02nY4fV0

During the recent festive sales, D2C brands outperformed marketplaces with a significant 64% growth in orders, compared to 26% on marketplaces. Categories like footwear, fashion, and jewellery saw strong growth, reflecting the increasing consumer trust in direct-to-consumer models. The surge was particularly pronounced in Tier 1 cities, which drove a remarkable 96% increase in orders. This trend underscores the growing shift towards D2C brands in the evolving retail landscape. #D2CBrands #EcommerceTrends #DirectToConsumer #OnlineShopping #SalesGrowth #RetailTrends #FestiveShopping #ConsumerBehaviour #DigitalCommerce #ShoppingTrends #FashionEcommerce #FootwearTrends #JewelleryTrends #Tier1Cities #RetailGrowth #MarketInsights #BrandLoyalty #ConsumerExperience #EcommerceIndia #ShoppingSeason #EcommerceSuccess #GrowthHacking

🚀 Thrilled to share my recent Excel dashboard project for MVSK Footwear Sales! 👟 This project provides in-depth insights into footwear sales across various demographics, regions, and product categories. Here's a snapshot of the August sales data: 📊 Revenue Overview: A breakdown of total revenue, transactions, and ordered quantities, helping track performance trends. 👥 Demographic Insights: Women lean towards Street Footwear and Apparel, while men show a strong preference for Athletic Footwear and Apparel. 🌍 Regional Focus: Key states like New York, California, Florida, and Texas are major revenue drivers, contributing significantly to overall sales. 📈 Peak Sales Months: The dashboard captures peak months for both 2020 and 2021, showing clear growth trends. 💡 Top Regions & Sales Channels: The Northeast region emerges as a top performer, with online sales making a significant contribution. 📅 Revenue Trends by Weekday: Visualized trends showing which days of the week see the highest sales volumes. This project allowed me to further hone my Excel skills, from data visualization to generating actionable insights. I’m always excited to discuss analytics projects, so feel free to connect if you’d like to know more! #DataAnalytics #ExcelDashboard #SalesAnalysis #FootwearIndustry #DataVisualization

In the fashion retail world, it is anticipated that Q1 will underperform against the holiday rush of Q4 even in the most successful of brands. I'm blown away to share that Q1 2024 at Pashion Footwear has closed at 2% growth over Q4, and 222% year over year - recognizing a 22% EBITDA. The viral momentum around our convertible heels in the new year is tangible. In Q1, we saw our instagram grow 160% - earning us the title of the 3rd fastest growing brand on the entire platform. Of our 30 products dropped in our spring line, 21 of them are selling through at an average rate of 33% above projection (with 6 of our new products selling out in under 24 hours). We posted our highest single-sales day record in March - on a day with no promo, new release, or marketing activity of note....all it took was receiving the restock of our best sellers. We posted $230K in net sales in 24 hours (dramatically surpassing our previous record of $120k, which we achieved on Black Friday '23). The restock, originally forecasted to last ~90 days, was over 80% sold through in 72 hours. If the "worst quarter of the year for retail" can perform this well, I simply can't wait to see what the rest of 2024 has in store! #organicmarketing #cpg #convertibleheels #startup #femalefounder #growth #growthmarketing #brandawareness #footwearindustry #innovation #productmarketfit

Nordstrom, Inc., posted strong Q3 fiscal 2024 results, with net sales up by 4.6% year-over-year to US $ 3.46 billion and GMV rising by 5.3%. Digital sales, which accounted for 34% of total revenue, grew 6.4%, though the Anniversary Sale’s timing shift trimmed sales by 100 basis points. Women’s clothing and activewear saw double-digit growth, while footwear and children’s apparel achieved mid- to high-single-digit gains. Nordstrom Rack sales surged by 10.6% year-over-year, highlighting its robust performance. To read more, click here👉🏻 https://lnkd.in/g3xAAtYR #ApparelResources #DailyNews #Nordstrom #QuarterlyResults #FashionRetail #DigitalSales #Activewear #WomensClothing #RetailGrowth #GMV #Ecommerce #Q3Performance #FootwearTrends #NordstromRack #ApparelIndustry #FashionMarket #ClothingSales #RetailExpansion #AnniversarySale #MensFashion #KidsApparel #RetailNews #ConsumerTrends #USRetail #LuxuryRetail #MarketPerformance #FashionBusiness #RetailTrends

Happy Black Friday! Get the FULL 2024 Black Friday buzz right here with Chris Ressa and Dana Telsey. What's the intel? 👟 Footwear trends are shifting towards brands like Hoka and Ugg. 🛍️ The demand for experiences is growing, influencing retail trends. 📈 Holiday sales are expected to rise, but margins may be tighter. 💵 Marketing spend is increasingly seen as a driver of sales conversion. 🔥 The home sector may see a pickup with interest rate cuts. ➡️ Retailers are focusing on remodeling stores and enhancing customer experience. Listen here and subscribe on your favorite podcast platform: https://bit.ly/3Vf3Asz #CRE #RetailRealEstate #RetailRetold #RessaOnRealEstate Telsey Advisory Group

📢 HOT TOPIC 📢 Read below to know more on the 2nd hand market and the launch of our newest survey allowing brands and retailers to see the impact and shifts in consumer behaviour... want to know how your shoppers are engaging with the 2nd hand market? Another spotlight on Sports footwear and the retailers winning in this space Skechers & Amazon Fashion #2ndhand #preloved #fashion #data #consumerbehaviour Caroline Norman