BEIJING — In a country obsessed with online shopping, China’s fashion retailers are having a hard time keeping up.
Online portals like 360buy and Taobao — China’s answer to eBay — are seeing record sales, with the former’s sales of $9.7 billion last year making it the country’s largest online retailer by volume. An estimated 564 million of China’s 1.35 billion people used the Internet last year, encouraged by a growing demand for smartphones and tablets; 242 million of them shopped online.
Hermès is launching a Laundromat pop-up shop in NYC - dubbed Hermèsmatic - where customers can bring their old scarves to be dip-dyed by an expert. Get all the details on WWD.com. #wwdnews (📷: @donstahl)