price harmonization
Predicting The Future Of Daigou Shopping
When COVID-19 brought the world to a standstill, it did the same to daigou sellers. So what is the future for this once-lucrative industry? Read MoreBain & Co: The Next Growth Engine for Luxury? Gen Z
Chinese Gen Z shoppers are proud and empowered impulse buyers, and are a major part of the global youth delivering 130 percent of future market growth. Read MoreHalf of Chinese Luxury Spending To be Domestic by 2025: Bain & Co.
Bain & Co's latest report predicts that by 2025, the disparity between luxury shopping abroad and in China will even out. Read MoreAs Chanel May Raise Global Prices Again, Will More Brands Follow Suit?
Chanel will reportedly increase prices of three classic handbags styles by six percent, effective November 1, 2018, globally. Read MoreLouis Vuitton Cuts Prices in China As Gov’t Seeks to Boost Luxury Buying
Louis Vuitton has become the first major luxury player in China to lower its prices following the government's cuts on import duties. Read More