Luxury Tag

Consumers are shifting their behaviors, however, and increasingly inclining towards digital channels. Read More

Posted On September 14, 2017By StefanIn Payments, News, China Outbound, Luxury, Shopping

AliPay pushes into US Retail

Major Chinese mobile wallet Alipay has partnered with luxury fashion retailer Rebecca Minkoff to enable Chinese tourists in the US to make purchases at all Rebecca Minkoff retail locations — including New York, Chicago, Los AngelesRead More
China’s rising unmarried population has been a center-of-attention social phenomenon for the past five years.Read More
Chinese mainland travelers are a major driving force for global tourism, according to a report released by China's leading online travel agency Ctrip and a Chinese think tank, the Center for China and Globalization.Read More
Some luxury brands have approached the trend towards e-commerce with a degree of trepidation, but ultimately it seems no one can resist succumbing to the allure of online retail.Read More
JD.com Inc, China's No.2 e-commerce firm, said it would invest $397 million in fashion retailer Farfetch UK Ltd to expand its luxury offeringsRead More
Despite a sluggish world economy, the expanding group of wealthy Chinese, especially millennials, is showing a bigger appetite for luxury travel, adding a bit to the members' spirit of adventure.Read More
China’s Tencent Holdings is using its vast social-media network to attract luxury-fashion brands to its WeChat app, potentially opening a new frontier in online retail.Read More
Ask a boutique selling pricey luxury goods in France or Italy who their top customers are and the answer most likely will be Chinese tourists on an international spending spree.Read More
Chinese millennial travelers are the future of luxury spending: They’re well-traveled, affluent, and eager to spend on on luxury goods and experiences that show off their wealth. Read More