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Italian luxury brand Gucci announced a strategic cooperation agreement with Tencent to leverage the Chinese tech giant’s access to abundant data and explore field of smart retail.
Four out of the top five most-mentioned brands associated with the “sneaker” hashtag on social shopping app RED during the study period were luxury brand names, the report finds.
Gucci opened its first flagship store today on Alibaba’s Tmall, an e-commerce platform for B2C online retail in China.
This week: Chinese stock photo provider Visual China Group launches NFT platform, Xinhua News Agency issues NFTs on Tencent's Enterprise blockchain, Gucci announces collaboration with Chinese IP Marsper, and more.