Agenda-setting intelligence, analysis and advice for the global fashion community.
"How China's Mobile Retail Spending Will Just Keep Ringing Up" (South China Morning Post)
"There are over 1.3 billion mobile subscribers in China, and the country's mobile commerce industry is expected to be worth US$1.4 trillion by 2019."
"Valentino and Vera Wang for 400 RMB: China's Fashionistas Flock to Online Luxury Rental" (Jing Daily)
"Luxury brand dress rental services like US-based Rent the Runway and Bag Borrow or Steal have been catching on among fashion-savvy and status-hungry consumers in first-tier cities, and they've also been steadily spreading to aspirational consumers in smaller locales.
"China's Retail Sales to Reach About ¥48 Trillion by 2020 Says Commerce Ministry" (Reuters)
"China's retail sales would reach about ¥48 trillion ($6.99 trillion) by 2020, with average annual retail sales growth at 10 percent."
"Alibaba Transforms Wealthy Shopaholics Into an Online Marketing Squad" (Bloomberg)
"Alibaba's exclusive rewards programme, APASS, has helped Alibaba persuade the well-heeled shoppers trolling its Tmall and Taobao shopping emporiums to keep spending. That's crucial because the Chinese economy is deteriorating and Alibaba is struggling to maintain rapid-fire growth."
