NetEase.com Closes Luxury Internet Shopping Website In China
January 3, 2012Chinese Internet portal NetEase.com published a report, stating that it closed L.163.com, its luxury goods Internet shopping platform, on December 31, 2011.
Luxury Goods
Fake Luxury Goods In China Targeted Via New Internet Agreement
December 12, 2011Coach, a leading American designer and maker of luxury lifestyle handbags and accessories, has signed a memorandum of understanding with Taobao.com, the Chinese Internet shopping subsidiary of Alibaba Group, to prevent the sale of fake Coach products on this Chinese website.
Japanese Retailer Opens Second-hand Branded Goods Stores In Shanghai
November 30, 2011Brand Off, the Japanese retailer known for the selling of second-hand branded products, has opened two new outlets in Shanghai's Nanjing West Road and Nanjing East Road, respectively.
Top Chinese Website Eyes Luxury E-commerce Opportunities
October 28, 2011A representative from the Chinese B2C retail website has confirmed that the company plans to launch its luxury website Toplife.com in November 2011.
Prada To Open 50 New Stores In China In Next Three Years
October 5, 2011Prada has announced plans to open 50 new stores in China in the next three years.
Zara's Parent Company To Open 120 New Stores In China
July 14, 2011With the opening of Stradivarius, a sister brand of Zara, at Beijing's Solana shopping mall, Spanish Inditex Group has introduced all its four brands, including Zara, Stradivarius, Pull&Bear, and Bershka into Solana.
