China to be world’s No 1 luxury market by 2025,…
Around 21 per cent of global consumer spending on luxury goods in 2021 came from China. According to Bain &…
Browsing Tag
Hainan
China’s duty-free shoppers flock to Hainan amid…
Duty-free sales in China’s island province of Hainan surged to 50.49 billion yuan (US$7.9 billion) in 2021, growing…
Evergrande crisis mounts amid reports it needs…
Creditors of indebted China Evergrande Group have more cause for concern after local media reported that the giant…
LVMH mulls first Louis Vuitton duty-free store…
The LVMH group is considering opening its first Louis Vuitton duty-free store in China in southern Hainan province…