China is to reduce import taxes by more than 50 per cent on some consumer goods, including apparel, in a bid to encourage an increase in domestic spending, according to media reports. The Chinese finance ministry has said that it will ...
Tags: Import Duty, Consumer Goods
Last year definitely ended with two widely differing stories in the fashion world in China, with traditional well-known luxury brands experiencing a downturn while more affordable luxury products and fast fashion brands turning in ...
Tags: luxury market, luxury brands
The demand for foreign design goods is dramatically increasing in China. At the same time, the increasing demand has sapwnd overseas shopping representatives. China is the biggest luxury goods consuming country, sharing 29% of global ...
Tags: Daigou, design goods, luxury goods
Fang Ying’s December wish list of Louis Vuitton handbags and Chanel perfume is not only for Christmas. Fang, 33, a secretary working in Shanghai, writes one every month for friends and family traveling abroad. Fang is not alone. ...
Tags: handbags, perfume, Luxury Spending