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Daigou
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China Slashes Import Duty on Consumer Goods
May 28, 2015China 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
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Two Widely Differing Stories Ended in The Fashion World in China Last Year
Mar 9, 2015Last 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
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Demand for Foreign Design Goods Dramatically Increasing in China
Oct 23, 2014The 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
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China Is The No. 1 Luxury Spender Worldwide
Dec 18, 2013Fang 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