daigou
Estée Lauder’s sales slump shows why beauty brands aren’t yet benefiting from increased Chinese tourism
The beauty giant posted a slump in sales in its most recent earnings report, highlighting how daigou restrictions are impacting beauty — for now. Read More
Crackdown on ‘daigou’ dents La Prairie and L’Oréal’s sales in North Asia
La Prairie’s parent company and L’Oréal are steadfast in their quest to halt gray market activity and preserve brand equity, even if performance suffers as a result. Read More
The Daigou Dilemma: LVMH Pushes Back Against China’s ‘Personal Shoppers’
Bernard Arnault recently called the Daigou trade “dreadful” for luxury brands. But why exactly makes China’s personal shoppers so controversial? Read More
Hainan Lockdowns Kill The Holiday Mood
A COVID-19 outbreak on Hainan has left 80,000 tourists stuck in lockdown. Will this put a dent in the economic potential of the duty-free island? Read More
How Do Italian Luxury Retailers Connect with China in 2022?
Italy’s cultural and artistic heritage has made the country one of the world’s most popular tourist destinations, attracting millions of visitors every year. Whether it’s touring the country’s historic jewels… Read More
Chanel’s Elitist Store Policy Is Misguided
Chanel has released a new policy in South Korea whereby customers need permission to purchase in the store. Would it dare implement this in China? Read More
What Luxuries China Still Craves From the West
Demand for imported luxury goods remained strong in 2020, despite the pandemic. But what do Chinese buyers want the most from abroad? Read More
Chanel Takes on the Resale Market With One Bag per Person per Year Policy
Chanel is now limiting the number of purchases for its most popular handbags to one of each per customer per year. Will more brands follow suit? Read More
Predicting The Future Of Daigou Shopping
When COVID-19 brought the world to a standstill, it did the same to daigou sellers. So what is the future for this once-lucrative industry? Read More
Another Chinese Shopper Protests Hermès Sales Tactics
Hermès’ “peihuo 配货” sales tactic, which forces buyers to accumulate transactions to get access to its iconic bags, is under attack in China. Read More
