south korea
Luxury Brands Beware: Angered Chinese Tourists Are Avoiding Japan And South Korea
Despite China’s borders reopening, Japan and South Korea may suffer from a lack of Chinese consumers due to publicized “discriminatory policies.” Read More
Luxury Brands Need a Proactive Plan to Navigate China’s Cancel Culture
China’s cancel culture stands out for its nationalistic and moralistic bent, with most “cancellations” reserved for brands that fail to toe the Party line. Read More
Luxury Market Recoveries: South Korea Versus China
China and South Korea are the two countries that have recovered from COVID-19 the fastest, but their luxury market rebounds look quite different. Read More
Chinese Daigou Traders in South Korea Adapt Fast to New E-commerce Law
Despite the introduction of the new e-commerce law, Chinese resellers have found creative ways to engage in daigou activities between China and South Korea. Read More
What a Heightened Trade War with China Would Do to US Tourism and Luxury Sales
How will President Trump’s threats to escalate the ongoing US-China trade war impact the US tourism and luxury sector, which has seen its growth flatline for the first time in… Read More
Bad Timing: Tourists Brawl at Seoul Makeup Counter as China Set to Lift Travel Ban
Chinese tourists in South Korea were caught in a brawl over duty-free products, an untimely event given that Beijing is now vying an end to the travel ban. Read More
The Travel Ban is Back for South Korea
It is unclear what prompted Chinese authorities to reinstate the ban on group travel to South Korea, which may hurt the luxury tourism market. Read More
Mainlanders’ New Mentality Fuels HK Swiss Watch Sales, Despite Political Uncertainty
HK has witnessed a surge of Swiss watch imports in September, a sign of watch wholesalers’ and retailers’ further boosted confidence in the consumer market. Read More
Royal Caribbean Continues Ramping Up China Efforts with Spectrum of the Seas
Royal Caribbean is doubling down on the Chinese market despite a rocky year in the wake of the THAAD dispute with South Korea. Read More
Korean Duty-Free Shops Suffer $528 Million Loss After THAAD Deployment
A drop in Chinese tourists to Korean duty-free shops after the THAAD missile system deployment resulted in US$528 million in losses between March and May. Read More
