While crowdfunding requires certain minimum disclosures, people seeking funds via crowdfunding portals will not have to adhere to the same the level of disclosure as normal businesses with a prospectus.

FORBES: Crowdfunding: Potential Legal Disaster Waiting To Happen

She said the store had been instructed via e-mail on Wednesday to adhere to the brand's global standards and scrap the fee upon its grand opening, which the company has previously announced as April 29.

CNN: Vera Wang makes fashion faux pas at first China store