Millennial Chinese consumers are willing, and able, to buy an increasing amount of luxury products online.
The third annual Luxury Society Keynote covered Millennials, artificial intelligence and advertising on WeChat.
An increase in the quality of domestic buyers and a desire for European brands were major talking points amongst participants.
Alibaba’s goal is 72-hour delivery around the world.
A shift in beauty standards, increase in sports participation and desire for fashionable athletic attire drives a new generation of Chinese women.
The limited-edition collection of ready-to-wear, jewelry and lifestyle products was launched alongside an exhibition of Chen Man’s photographs and paintings at Shang Xia’s Shanghai maison.
China’s largest e-commerce player is making moves into the country’s booming online luxury space.
Luxury items on the department store’s Chinese site were mistakenly listed at dramatically discounted prices.
The designer wants access to a different kind of consumer the e-commerce platform is already synced into.
The Hermes-backed Chinese lifestyle brand is gearing up to launch a store on Tmall in March, the latest sign that the luxury goods industry’s contentious relationship with Alibaba is starting to improve.
Though little is known about the specific contents of the draft legislation, it is expected to improve efficiency in customs clearance for cross-border online shopping and set up dispute settlement mechanisms.
The state-backed advocacy group claims that up to 17 percent of promotions on major e-commerce platforms over the Singles’ Day sales period were misleading in terms of discount and price information.