Comments on: How luxury industry is surfing on the e-Commerce boom in China https://ecommercechinaagency.com/luxury-industry-surfing-e-commerce-boom-china/ Ecommerce in China, Digital Strategy Wed, 16 Jun 2021 08:18:10 +0000 hourly 1 https://wordpress.org/?v=6.6.2 By: Peter https://ecommercechinaagency.com/luxury-industry-surfing-e-commerce-boom-china/#comment-44214 Wed, 21 Apr 2021 09:16:17 +0000 https://ecommercechinaagency.com/?p=6036#comment-44214 Great article. China’s share of the global luxury market is now 20 %. This increase should continue and lead the Middle Empire to hold the largest part of this market by 2025. Fashion and luxury shoes were the engines of this growth last year: their sales on the local market have increased by almost 50 percent. what you need to also understand is reducing international travel boosted local luxury. This unprecedented growth is driven first and foremost by the repatriation of purchases: in fact, thanks to the drop in purchasing rights, customs to stricter controls on the gray market, and to the harmonization of prices, three-quarters Chinese luxury events took place in the territory. A dynamic further reinforced by the drop in international tourism linked to the pandemic. The Chinese, the first luxury consumers abroad, stayed at home and therefore consumed locally.

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By: Luxury Goods Market in China: | A Chinese tourist https://ecommercechinaagency.com/luxury-industry-surfing-e-commerce-boom-china/#comment-13385 Sun, 30 Apr 2017 03:17:12 +0000 https://ecommercechinaagency.com/?p=6036#comment-13385 […] how extravagance is characterized, there are some noticeable patterns that are molding the heading of extravagance utilization in China. A move far from unmistakably marked merchandise to an attention on quality has harmed offers of […]

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By: Cross-Border ecommerce trending in China - Ecommerce China https://ecommercechinaagency.com/luxury-industry-surfing-e-commerce-boom-china/#comment-13318 Fri, 21 Apr 2017 02:36:35 +0000 https://ecommercechinaagency.com/?p=6036#comment-13318 […] will purchase from abroad worth $85.76 billion according to some estimation. Cross-border ecommerce is not the latest trend in China, but it will spread to a wider audience by 2020. Forecasts show […]

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By: When luxury brands go digital in China... - Marketing China https://ecommercechinaagency.com/luxury-industry-surfing-e-commerce-boom-china/#comment-9261 Fri, 26 Aug 2016 06:55:34 +0000 https://ecommercechinaagency.com/?p=6036#comment-9261 […] burberry, online sales are the next opportunities in China and they expect that Chinese e-commerce will account for about 40% of their revenue by 2019. You can see below Burberry Tmall […]

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