Retail sales in Japan increased for the ninth straight month in November, on the back of the lifting of Covid-19 border controls, coinciding with the government’s domestic travel subsidy which […
Retail sales in Japan increased for the ninth straight month in November, on the back of the lifting of Covid-19 border controls, coinciding with the government’s domestic travel subsidy which […
The weeklong National Day holiday, which falls every year on October 1, is the most popular holiday for Chinese consumers and travellers. In the 2019 Golden Week, domestic tourists spent over a quarte…
International tourism showed solid recovery in the first seven months of 2022, with arrivals reaching 57 percent of pre-pandemic levels, said the UN World Tourism Organization (UNWTO).…
The Covid-19 lockdowns in two of China’s most significant cities, Beijing and Shanghai, has caused China’s economy to plunge dramatically in the second quarter. This sets the government’s annual econo…
The marketing industry is rapidly changing amid new consumer priorities. Immersive storytelling formats, relatable brands with personality and a new commitment to more sustainable media and purpose wi…
Airport Authority Hong Kong (AAHK) has extended its relief package for business partners by two months to the end of May 2022.…
The market for fragrance products has seen an unprecedented expansion both in size and type of products, with more consumers, especially those in their 20s and 30s, opening their wallets for new olfac…
Asia-Pacific (APAC) remains the fastest growing and the largest market for duty-free retail products accounting for 60 percent of the global duty-free sales in 2020. It is expected to cross pre-COVID-…
Korean duty-free operators are breaking their business barriers and teaming up with competitors at home and abroad to survive the protracted Covid-19 environment where international travel remains res…
Korea’s major duty free operators are facing a bleak outlook for their recovery from the pandemic, although their earnings in the second quarter improved from a year earlier.…