Retail in Asia

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EBay follows Target, aims for high-end retail

A mass-market retailer is going high end … again.

Following in Target’s footsteps, eBay announced plans on Tuesday to partner with a handful of designers during the upcoming holiday season as both retailers jockey for a slice of slumping US retail demand.

The eBay Holiday Collective will feature original, limited-edition items of men’s and women’s apparel, jewellery, travel and electronics accessories and home decor. The collection, which will be comprised of more than 40 pieces, goes on sale on 12 November at prices ranging from USD50 to USD100.

(Source: CNBC)