Hong Kong’s retail sales shrank for the third year in a row in 2016 and by the most in nearly two decades, hurt by the city’s economic downturn and fewer tourists from mainland China.…
Hong Kong’s retail sales shrank for the third year in a row in 2016 and by the most in nearly two decades, hurt by the city’s economic downturn and fewer tourists from mainland China.…
Thailand received a record 32.59 million foreign visitors last year, with revenue beating expectations and likely to exceed previous forecasts this year by growing 10 percent or more.…
Singles’ Day’s enormous sales brought Alibaba a dose of criticism and controversy earlier this week regarding false advertising, but China’s e-commerce giant has also had another massive shopping even…
Tourism Research Australia (TRA) reports ‘strong growth’ in the majority of Australia’s major tourist source markets, with 15 out of 20 recording new record visitor numbers.…
The outlook for Singapore’s retail sector for the last three months of the year remains subdued, with weak retail rents made worse by retailers consolidating outlets to streamline cost, reports…
LVMH’s Selective Retailing division, which houses duty-free arm DFS Group and beauty retailer Sephora, reported organic revenue growth of 6% for the period, despite a difficult tourist environment …
According to statistics quoted by the South China Morning Post, Chinese tourism to Hong Kong saw a boost of 3.6 percent the first three days of China’s Golden Week holiday compared to the same period …