Brands are wooing domestic travellers during China’s Golden Week, a seven-day national holiday beginning October 1st.
The luxury giant has spent 15 years and nearly $1 billion resurrecting Parisian department store La Samaritaine. Does it still make sense?
From border re-openings to the repatriation of spending, several factors will shape how and where Chinese customers buy luxury goods in the coming years.
Travel during China’s crucial Lunar New Year holiday is expected to hit a three-decade low, but some retailers are confident they can make back the losses in the months ahead.
The decline in international travel has hit duty free retail hard this year, but sales to domestic travellers in China with nowhere else to go are booming in places like Hainan.