Search Results for: taobao
The actress's skyrocketing fame has made her a lucrative brand ambassador for many luxury labels.
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.
Following recent predictions from PricewaterhouseCoopers that China will soon see an online retail "explosion," categories like high-end cosmetics recorded a significant rise in sales last year on Taobao.
Anyone with a decent amount of experience in China knows that Taobao is more than just a website, it's a national phenomenon.
A recent Chinese article states that many low-tax luxury items ostensibly bought abroad to sell on the mainland may actually be domestic counterfeits.