Boutique Shops

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Macy's to join the Chinese market

According to reports, the US high-end retailer Macy's department store recently announced that it has reached an agreement with the Chinese luxury shopping website Jiapin network (vipstore), and will be in the latter's newly established International boutique shopping website in Europe and the United States Network (on the opening of a Macy's zone, directly to Chinese consumers to sell some of Private brand) goods. This cooperation is a powerful combination, will be in the Chinese department store industry set off a new whirlwind. As part of the deal, Macy's has injected 15 million of billions of dollars into the network, acquiring a minority stake in the company. Macy's C ...

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