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Agenda-setting intelligence, analysis and advice for the global fashion community.

Chinese Shopping Agents Cash in on Russian Currency Slide

Chinese workers and overseas students in Russia have been snapping up goods at low prices caused by the steep fall in Russian rouble rates before brands can adjust them. These shopping agents, known as "daigou," stockpile the products before selling them at a profit to buyers back home.
A Gucci wallet of unverified origin listed on Alibaba's Taobao | Source: Taobao
By
  • Reuters

MOSCOW, China —

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