A deal to sell the Dallas-based luxury chain would be difficult to execute.
The lifestyle doyenne revealed that she wants to get started ‘asap.’
Hilfiger and Mottola will become advisors to Evine.
The app is more than China’s dominant social media and messaging platform. It’s also a future leader in cross-border e-commerce and an avenue for brands to personalize interactions with their target audience.
Online luxury sales currently account for only five percent of the domestic luxury market in China, according to a recent report from business intelligence agency L2.
The company’s next subscription box unveils a scarf collaboration with ModCloth, while personalization and FabFitFun’s in-house brands also become key focus points for growth.
Mobile phones have eclipsed desktops and laptops as the most popular devices used for online shopping in the country. Meanwhile, WeChat Pay and Alipay payments are the norm.