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Bain & Co. x Altagamma: China continues to drive luxury growth in 2023
What Happened: China will play a pivotal role in driving global luxury growth this year. According to Bain & Co. and Altagamma’s Luxury Goods Worldwide Market Study – Spring 2023 study, the...
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London’s retail scene looks to China’s Gen Z
The bounce-back of Chinese tourists to London post-Covid-19 is happening slowly, with bricks-and-mortar remaining the most popular shopping destination for mainland luxury consumers. In the UK, where...
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Chinese consumers spend the most on travel: World Travel and Tourism Council
Editor’s note: the article was updated to reflect the collaboration between the WTTC, the Bicester Collection and the Hong Kong Polytechnic University for the Global Retail Tourism report. Travelers...
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Chinese outbound tourism to normalize by mid-2024, says Trip.com Group
China this week hosted two of its biggest tourism industry events since the nation’s reopening earlier this year. The ITB China travel trade show took place in Shanghai from September 12 to today, and...
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From cultural clout to edutainment, China’s Xiaohongshu is the top app for...
In 2019, tourists from mainland China made 155 million trips abroad, spending a total of $255 billion on travel, according to consultancy McKinsey. And while Covid-19 has slowed Chinese international...
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China’s ‘Super Golden Week’ breaks records amid mounting economic challenges
What Happened: This year, China’s National Day holiday coincides with the Mid-Autumn Festival. Starting September 29, the eight-day ‘Super Golden Week’ is this year’s most popular holiday. Not only has...
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From Bulgari to Baccarat, the luxury hotels hosting wealthy Chinese millennials
As China is still on track to account for a quarter of the global luxury goods market by 2025, connecting with Chinese consumers in a personal way is more critical than ever before. And one popular way...
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One-way traffic: Hongkongers flock to mainland China in record numbers
Hundreds of thousands of Hongkongers traveled across the border to mainland China last weekend ahead of the Double Ninth Festival, which this year fell on October 23. Since mainland China reopened its...
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Hong Kong seeks to reclaim status as China’s retail and tourism hub. Will it...
Inside a quaint shop nestled in Hong Kong’s Sheung Wan district, Meiyan Chan rearranges her collection of clothing hanging along the window. It’s another busy Sunday for the Hong Kong-based fashion...
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US tourist destinations wonder: when will Chinese tourists return?
From the beaches of Oahu to the bustling streets of Manhattan, American tourist hotspots now face a significant economic challenge: a sharp decline in Chinese tourists, a critical demographic known for...
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