vipstore
China’s Luxury E-Commerce Market Heads In A New Direction
A shakeout in China's nascent luxury e-commerce market has become glaringly apparent this year as domestic e-tailers have found it increasingly difficult to stay afloat, let alone turn much of a profit. But their foreign counterparts have some smart strategies up their sleeves. Read MoreChina Retail Briefs: Macy’s + VIPStore; Taobao Luxury Sales; Middle-Class Diamond Demand
A roundup of recent news from China's retail sector, from Macy's investing $15 million in Chinese online retailer VIPStore to Taobao's rising luxury sales and Rio Tinto's plans to tap rising diamond demand among middle-class consumers. Read MoreChinese Luxury E-Commerce Sites Hitting Wall As Foreign Competitors Close In
Despite booming demand and strong sales, the shakeout in China's luxury e-commerce market that Jing Daily predicted we'd see at some point in 2012 is already starting to become apparent. Read MoreChinese Luxury E-commerce Platform Expands Brand Portfolio
As one of China's largest e-commerce platforms, VIPStore has recently been working to establish eight to ten partnerships with global luxury goods per month in an effort to enrich its brand portfolio while expanding its product mix Read MoreBCBG Inks Exclusive Deal With Chinese E-Commerce Platform VIPstore
Under the agreement, VIPstore will be the exclusive online agent in China for all of the brands under the BCBG name, which include Max Azria and the youth-focused BCBGeneration. Read More