Chinese e-commerce

Estee Lauder, Audi, Chow Tai Fook, and Lancome – the highest digital IQ in China

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The Digital IQ Index: China  While Mainland China’s organic luxury sales growth softened to single digits, Chinese tourist spend abroad increased 58 percent in Q3 2012, suggesting consumer demand remains robust, according to the latest “Digital IQ Index: China” research released by L2 think tank. The Digital IQ Index: China ranks the digital competence of … Read more

Neiman Marcus invests $28 million in Chinese e-commerce luxury market

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Top U.S. luxury retailer enters Asian e-commerce market in partnership with Glamour Sales Holding (HK) Top U.S. Luxury Retailer Neiman Marcus Group announced a non-controlling strategic investment in Glamour Sales Holding (HK), a privately held e-commerce company.  This will be the company’s first move into the fast-growing luxury retail market in China. “We are taking … Read more