tourist-shopper
More Luxury Brands Rolling Dice With Hong Kong IPOs, But Who’ll Benefit Most?
Despite an IPO environment described by the BBC this summer as "faltering," nearly six months after debuts by the likes of Samsonite and Prada, it seems that high-end brands are… Read More-
“The Chinese Consumer Is Very Much There And Alive”
Countering recent fears among some observers about a potential slowdown in China's red-hot luxury industry, strong earnings reports from Hugo Boss and Burberry this week have reassured China retail analysts. Read More -
Put Off By High Luxury Taxes, Chinese Smuggling Luxury Goods From Hong Kong
Police in the city of Shenzhen had some excitement this week, nabbing a young couple from Shanxi province who were trying to smuggle over US$600,000 worth of luxury goods over… Read More -
Beijing Still Dragging Feet On Luxury Tax Reform
After heated debate this spring and early summer, the issue of China's notoriously high luxury taxes seemed to cool off over the past few months. However, it appears that the… Read More -
Chinese Tourists Behind Korea’s Anticipated “Foreigner Only” Duty Free Shops
In response to complaints by foreign tourists that duty-free shops in South Korea are overly crowded with domestic shoppers, last week the Korean government announced plans to launch new "foreigner-only"… Read More -
100 Days In, Is Hainan’s Duty-Free Experiment A Success?
Despite skepticism whether mainland shoppers would head to Hainan over other shopping havens like Hong Kong, the city government of Sanya claimed on its official website this week that the… Read More -
Swiss Watchmaker DeWitt Makes Hong Kong Debut
Looking to target local watch lovers and well-heeled mainland Chinese tourist-shoppers, the Swiss watchmaker DeWitt recently opened the doors of its first Hong Kong boutique at the Elements shopping mall… Read More -
Ma Weidu: China Shouldn’t Lower Luxury Tax, Should Abolish It Completely
As the "will-they-or-won't-they" game continues to play out, this week the Chinese art collector, curator and lecturer Ma Weidu writes in a blog post that China shouldn't just lower its… Read More -
Report: Chinese Shoppers Spent 400% More On Luxury Goods Overseas Than At Home
Of the US$69 billion the World Luxury Association says Asian tourist-shoppers spent on luxury goods in Europe last year, nearly $50 billion was spent by Chinese, meaning these individuals spent… Read More -
Update: Spending By Chinese Tourists In London Rises 155 Percent In 2010
As mainland Chinese tourists have established themselves as a key demographic for London retailers, the British government has made courting Chinese tourist-shoppers a new priority. Read More
