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Search results for “luxury retail”
AccorHotels buys majority stake in boutique lifestyle chain 21c Museum Hotels
08/01/2018
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12:47:55 PM
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Even though AccorHotels recently revealed it took a $288 million hit on its 2016 acquisitions of luxury homesharing platform Onefinestay and concierge provider John Paul, it hasn’t deterred the company’s shopping spree.
China to account for lion’s share of luxury market growth in 2018
07/11/2018
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9:50:44 AM
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While luxury spending across all regions is likely to be 6%-8% higher this year than last (reaching $325-331 billion), China is expected to account for the lion’s share of the growth in 2018.
Will other Asian retailers follow Muji’s move into hospitality?
02/26/2018
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5:56:26 PM
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China is one of Muji’s biggest foreign market and the company aims to open another 360 locations in the country by 2021.
Tencent, Ctrip-backed travel firm plans billion-dollar IPO in Hong Kong
03/08/2018
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7:33:51 PM
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Tongcheng-Elong reportedly aims at raising USD 1-1.5 billion in a share sale.
Australian ecommerce giants Catch and Lux merge to take on Amazon
12/06/2017
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5:13:34 PM
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Amazon’s entry into Australia isn’t just forcing traditional retailers to take stock of their future with two of Australia’s e-commerce pioneers, Catch Group and Lux Group, coming together to fortify their respective positions.
Hong Kong luxury shopping gets updated as travelers venture elsewhere
10/30/2017
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10:07:56 AM
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Wharf, Hong Kong’s biggest retail landlord, saw 3% sales growth because its Harbour City mall is less reliant on luxury sales.
Ctrip- and Tencent-invested Tongcheng merges with eLong, eyeing capital market
12/29/2017
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7:38:54 PM
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Tencent and Ctrip will become major shareholders of the new entity TongCheng-eLong. Ctrip co-founder James Liang will serve as co-chairman.
DFS Group to accept WeChat Pay for Chinese consumers
10/24/2017
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10:52:04 AM
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CITCON, the leading cross-border mobile payment company, announced a partnership with DFS Group, the world's leading luxury travel retailer, to launch WeChat Pay.
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