hainan
Estée Lauder’s Earnings Reflect Post-COVID Beauty Trends
Although makeup demand slumped, the pandemic-induced pivot to skin care and fragrance helped Estée Lauder’s Q3 sales soar 16 percent to $3.86 billion. Read More
Luxury Symposium 2021: New Retail Is Shaping China’s Luxury Market
The 5th edition of the Luxury Symposium went virtual on April 21, amassing leading industry voices who dove into the new luxury sector retail models. Read More
L’Oréal Propelled By Gains In Asia Pacific
L’Oréal’s brick-and-mortar and e-commerce investments in the Mainland seem to have paid off, particularly for the French group’s luxury division. Read More
Does Luxury Need Daigous Post-Pandemic?
China’s $52-billion Daigou market has been hurt by COVID-19. But with new opportunities presenting themselves, can the industry create a brighter future? Read More
Will Luxury Cash in On Shenzhen’s New Duty Free?
With several districts in Shenzhen announcing plans to delve into duty-free shopping, could the tech powerhouse become China’s next luxury paradise? Read More
Where Luxury Stands In China’s Consumption-Based Economy
China’s economy quickly rose from a manufacturing superpower to a mature service sector. But how will those changes impact global luxury brands? Read More
How One Brand Tapped Into China’s Booming Duty-Free Market
Although it tanked elsewhere, China’s travel retail market benefited from the relaxation of duty-free limits and the country’s luxury appetite. Read More
Chinese Luxury Staycationing at Its Best: The Hainan Experiment
Hainan may not be your idea of the ideal vacation, but it’s sure good enough for some serious shopping now — Happy Lunar New Year! Read More
China Domestic Travel Revival Slows As CNY Bookings Deteriorate
As COVID-19 outbreaks across China result in new restrictions on travel, Spring Festival staycation bookings have skyrocketed. Read More
3 Reasons To Expand Your Retail Footprint In China Right Now
The Western world is trending toward a retail apocalypse. But in China, high-end boutiques, concept stores, and pop-up shops are blooming like crazy. Read More
