China's luxury big spenders: young, trendy and not so rich
Affordable labels like Tory Burch, Longines and Michael Kors are also in demand, while pricier, more conventional labels including Cartier, Louis Vuitton and Gucci have been hit by a "cold front", the Jing Daily report added.
Mar 16, 2015, 08:35 AM ISTAlibaba in major initiative to court China consumer for US retailers
The Chinese companies will also work with US startup Shoprunner, an online mall for US retailers in which it owns a stake, and retail services provider Borderfree Inc to court Chinese consumers.
Jan 16, 2015, 11:49 AM IST