The China Edit | Tastes Shift, Topshop on ShangPin, Kering vs Alibaba

The China Edit is a weekly curation of the most important fashion business news and analysis from and about the world’s largest luxury market.

ShangPin.com | Source: ShangPin

Decline in Asian Luxury Sales Points to Maturing of Consumer Tastes in Region (South China Morning Post)
“Although it appears prestige brands are bearing the brunt of a sustained crackdown on luxury gifting on the mainland and a subsequent fall in tourist spending in Hong Kong, industry experts say that’s only part of the story. They point to a longer term trend of slowing Asian sales growth among leading brands, which suggests a shift in priorities among mainland consumers as tastes mature and a sense of ‘logo fatigue’ sets in.”

Topshop and Miss Selfridge in Online Push Into China (The Financial Times)
“Sir Philip Green’s Topshop and Miss Selfridge brands are to push into China with an agreement to launch on the ShangPin.com fashion retail website next month. Sir Philip has long held the ambition of taking Topshop into China and already has two stores in Hong Kong.”

Alibaba Cooperates With Kering After Fakes Suit Withdrawn (Bloomberg)
“Alibaba Group Holding Ltd., China’s biggest e-commerce company, is cooperating with Kering SA to stem the sale of fake products after the maker of Gucci withdrew a lawsuit that alleged Alibaba participated in violating trademarks.”

Why Ebay Tells Manufacturers in China What You’re Searching For (The Atlantic)
“For eBay, sharing people’s search terms with manufacturers is revolutionizing the way it does business. Exporters in China have found a huge opportunity to cater to U.S. buyers on the site, especially those shopping for clothing and accessories, cell phones, jewelry, computers, and other consumer electronics, according to data from eBay that outlines sales revenue among Chinese exporters who used the site last year.”

Shanghai’s Fashion Future (The Telegraph Luxury)
“Increasing numbers of Chinese students are coming to London to study fashion. Cheryl Leung visited three Central Saint Martins graduates who have returned to China and are reinventing Shanghai as the Paris of the East.”