Despite recent concerns over China’s economy, the number of affluent Chinese travelers is expected to grow by 16% annually until 2020, when it is estimated to reach 234 million.…
Despite recent concerns over China’s economy, the number of affluent Chinese travelers is expected to grow by 16% annually until 2020, when it is estimated to reach 234 million.…
Chinese visitor numbers to South Korea in May rose by an encouraging 14.2% year-on-year to 705,844, according to the Korea Tourism Organization.…
Chinese tourists are expected to spend more than 4.1 billion Australian dollars (US$3.02 billion) in Australian retail outlets during 2016, according to a report received on Friday.…
Last year, China’s luxury market dipped 2 percent to CNY113 billion (about $17.2 billion). The chief culprits? Declining sales of menswear, watches and leather goods, according to Bain & Company.…
Chinese visitors are critical to South Korea’s travel retail sector (the world’s largest), representing 46.4% of total arrivals in April.…
Now the world’s biggest luxury stores are starting to shutter outlets. The culprit is the Chinese consumer, who is starting to rein in spending at home and abroad.…
Loyalty programs are key in the overall success of a brand in Greater China.…