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The China Edit | Burberry Buys China Operation, $5.7 Trillion in E-Commerce By 2020

The China Edit is a weekly curation of the most important fashion business news and analysis from and about the world’s largest luxury market.
Burberry Autumn/Winter 2016 | Source: Indigital
By
  • Helena Pike

"Burberry Puts More Emphasis on the Chinese Market as It Buys up the Remaining Stake in Its Retail Operation There" (City A.M.)
"Burberry has taken the bold decision to move further into the Chinese market, buying the remaining 15 per cent stake in its Chinese distributor for £54m."

"Amazon Japan Enticing Shoppers From an Unexpected Place: China" (Bloomberg) "On June 30, the web retailer quietly rolled out a Chinese-language version of its shopping site in Japan, along with new, reduced shipping rates to mainland homes and businesses."

"China Targets $5.7 Trillion in E-Commerce by 2020" (Reuters)
"The Chinese government is targeting 38 trillion yuan ($5.7 trillion) in e-commerce per year by 2020, and a near doubling that again to 67 trillion yuan by 2025."

"China's Shopping Craze Fills Wallets" (Bloomberg)
"The bursting of China's stock market hasn't slowed the flood of money into apparel IPOs."

"The Research Firms Breathing New Life into Hong Kong's Garment Industry" (South China Morning Post)
"The city's days as a mass clothing manufacturer are long gone, but scientists and entrepreneurs have given it a new role pioneering hi-tech fabrics, mannequins and more for producers worldwide."

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