Study: Chinese Online Luxury Sales Skyrocket

By  |  July 7, 2013
 | 

Online luxury sales in China rose 71 percent between 2011 and 2012, according to a new study by Observer Solutions.

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    Cited in Mobile Commerce Daily, the report also indicates that eLuxury sales in China is projected to grow at double-digit rates for the next several years. The report also noted that 50 percent of Chinese luxury shoppers expressed concerns over the authenticity of the items they purchased, which could slow the rate of growth.

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