Monthly Archives: December 2013

Recycled buzzword tuhao shows changing attitude of newly rich Suppose you are clad from head to toe in name brands. You wear a Versace shirt underneath a Giorgio Armani jacket. Your Hugo Boss slacks are fastened with a belt from … Continue reading

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HARRODS’ CHRISTMAS WEIBO CAMPAIGN ENGAGES LONDON’S CHINESE TOURIST INFLUX

  For Harrods’ new Sina Weibo campaign, fans must find presents hidden by the retailer’s iconic “Green Men” in the store and upload photos for the chance to win. (Harrods) As London sees a huge influx of Chinese visitor spending thanks to efforts … Continue reading

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Retailers Face Double Threat in China’s Top Tier Cities

While China’s retail market continues to expand, retailers are at risk of being squeezed in top tier cities by market saturation and e-commerce. First- and second-tier cities are facing market saturation of luxury goods, say two researchers at Fitch Ratings … Continue reading

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Beijingers Spent $10.5 Billion Online in First Nine Months of 2013

Beijingers are big spenders online. For the first nine months of 2013, online retail sales in Beijing reached 63.73 billion yuan ($10.5 billion), which exceeded the 59.68 billion yuan ($9.8 billion) for the entire 2012. Despite being late to e-commerce, … Continue reading

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