crackdown
MGM’s New Macau Resort Promises to Offer Asia’s First “Dynamic Theatre” Experience
MGM's new Cotai location promises to be a comprehensive entertainment center and reflects the changing nature of Macau's tourist industry. Read More
Thailand Tourism in Shambles After Tour Crackdown
Thailand's recent crackdown on underpriced tours and its king's recent passing are causing Chinese tourists to look for vacations elsewhere. Read More
5 Million Outbound Chinese Tourists Give Asian Retailers Happy New Year
China's rapidly growing number of outbound Chinese New Year tourists got into the holiday shopping spirit as they flocked to South Korean and Japanese duty-free shops. Read More
Bain: China Luxury Spending To Decline 1 Percent In 2014 (And Why Brands Shouldn’t Panic)
As the consultancy predicts negative growth for China's luxury market this year, Chinese shoppers spending abroad are boosting global numbers. Read More
China’s 2019 Luxury Forecast: Still On Track To Beat Japan For Global Second Place
Despite the current slowdown, new data suggests that China is still going to surpass Japan as the world's second largest luxury market in the next five years. Read More
Bain Study: China’s Luxury Slowdown To Continue In 2014
A new Bain report predicts that China's luxury growth rate will remain in the low single digits for 2014, making the Chinese tourist market more important than ever. Read More
How Lane Crawford’s ‘Unique’ Business Model Defies China’s Anti-Graft Drive
Lane Crawford President Andrew Keith explains how the retailer's "self-gifting" status means its sales haven't taken a hit from China's corruption crackdown. Read More
Liquor’s Loss Is Red Wine’s Gain For China Austerity Drive
Red wine remains a bright spot for alcohol sales in China as an ongoing anti-graft crackdown hits the sector hard. Read More
LVMH’s Scaled-Back China Strategy Earns 8 Percent Mainland Growth
The conglomerate reduced lower-tier store openings and de-stocked spirits as part of its strategy to cope with China's 2013 luxury slowdown. Read More
France Government Official: Don’t Worry About French Luxury Sales In China
Luxury sales in China remain a matter of national importance for France, which has much to gain from Chinese consumers' continued interest in the country's haute brands. Read More
