Singles Day breaks all records – again

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Alibaba, the inventor of Singles Day, as a commercial event (now officially called “Global Shopping Festival“) announces ever increasing sales on 11th November each year; the sky seems the limit. Last year’s record of 120.7 billion yuan (17.8 billion US … Read More

eBay will now verify luxury handbags sold on the site

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Sellers of high-end brands can choose to use the authentication service for a fee. eBay is now offering a new service for sellers of high-end handbags. Today the company launched eBay Authenticate, a program that photographs, lists, sells, ships and … Read More

Why luxury brands no longer give China’s online marketplaces the cold shoulder

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The world’s biggest luxury brands are increasingly jumping into China’s US$751 billion e-retail market The world’s biggest luxury brands have had a change of heart towards China’s online marketplaces, which they once saw as a no-win battleground of counterfeit sellers, … Read More

How Alibaba plans to win over luxury brands

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Alibaba, China’s largest e-commerce platform, is improving its services to make luxury brands feel at home on Tmall, its B2C marketplace for retailers. Brands with an image to protect have long been wary of the marketplace, which has been battling counterfeit … Read More

Alibaba Unveils Exclusive Luxury Pavilion Courting Super-Wealthy Chinese Shoppers

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Calling All Super-Wealthy Tmall Customers Chinese e-commerce giant Alibaba Group today launched the Luxury Pavilion, a brand new section within its business-to-consumer site Tmall for premium and luxury brands. The initiative is part of a broader bid, according to Alibaba’s news … Read More

Alibaba and luxury giant Kering have gone from enemies to allies in the battle against knockoffs

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Alibaba, China’s largest e-commerce company, has been trapped in a conundrum. It wants to be the world’s portal for selling to Chinese shoppers, including the growing ranks of wealthy customers willing to drop a few thousand dollars on items such … Read More

Louis Vuitton Launches eCommerce Site In China

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French fashion brand Louis Vuitton, part of LVMH, announced that it has launched an eCommerce website in China. According to Reuters, the move comes as the luxury retailer tries to tap into the country’s booming online shopping market. Louis Vuitton, … Read More

Alibaba, Tencent Benefit From Luxury-Goods Boom

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Luxury sales in China are expected to increase between 6% and 8% this year, presenting a big opportunity for ecommerce giant Alibaba Group and rival Tencent. Thanks in part to increasing discretionary spending on the part of Chinese consumers, easy … Read More

Luxury menswear grows with social media

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NEW YORK: Luxury menswear has traditionally lagged behind womenswear, but that is already beginning to change as social media platforms encourage men to try out luxury clothing in new and innovate ways, industry experts have said. Alexa Tonner, Co-Founder of … Read More

Middle East luxury market shifts online

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Faced with intense international competition local fashion retailers are shifting their attention online The fashion industry, which relies on intangibles and subjective judgement like no other; is running headlong into the data-driven environment of technology and the internet. On a … Read More

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