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Retail

China will account for 45pc of global luxury sales by 2025

January 17, 2018

Tmall Collection 2017 Global Fashion Show. Image courtesy of Alibaba Any retailer with the capacity should be expanding into China. Image courtesy of Alibaba

 

By Danny Parisi

NEW YORK – In just the past few years, China has evolved from being the “factory of the world” to the consumer of the world, according to an executive from Chinese ecommerce giant Alibaba.

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  1. Marc Jacobs teams up with Tao Group Hospitality at Coachella
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  3. What can luxury learn from ‘Demetra,’ Gucci’s latest sustainable launch?
  4. Fairmont Hotels launches ‘Wellness Without Walls’ with footballer Kylian Mbappé
  5. Culture is luxury’s next competitive edge
  6. Air France unveils Le Bon Marché pop-up for holiday shoppers
  7. Luxury Unfiltered: The Q1 number luxury will celebrate is the one that should worry it most
  8. First-quarter revenue at Kering drops 6pc
  9. Luxury Unfiltered: Kering's 80pc opportunity starts with a question most brands won’t ask
  10. Zegna Group global revenue growth up 27.5pc in Q3, with China only laggard
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