travel retail

The latest Bain & Company report shows Chinese consumers will account for nearly 50 percent of the luxury — valued at €320-330 billion — by 2025. Read More

Although recent tourism statistics in Hong Kong present a doomed outlook, it’s not yet the time to declare the death of its retail market. Read More

As Estée Lauder sheds 11% net sales in third quarter of 2020, the group remains hopeful about a strong recovery for the mainland China cosmetics market. Read More

Investment bank Morgan Stanley notes that China’s duty-free market will bring disruption to the global luxury retail landscape. Read More

Partnering with eight beauty brands including Dior and Estée Lauder, CDF-Sunrise Duty Free created a world-first beauty cluster in Beijing Capital Airport. Read More

The Italian luxury brand Moncler scored another solid quarter of business growth, helped by popular demand in China and South Korea. Read More

Beauty company L'Oreal beat estimates with its first quarter earnings thanks to sales in China. Overall sales grew 11.4% year-on-year. Read More

In an effort to capture a larger share of the Chinese cruise market, Costa Cruises launched the Costa Venezia, designed specifically for Chinese travelers. Read More

On March 19, the Catalan Tourist Board and La Roca Village co-announced the launch of a Mandarin-language app to guide Chinese tourists through Barcelona. Read More

Japanese duty-free retailer Laox will now allow Chinese tourists to make tax-free purchases online for in-store pickup in Japan. Read More