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Search results for “luxury shopping”
TikTok's China app pilots group buying; Tencent invests in travel firm | Weekly Review
03/07/2021
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3:18:22 PM
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OTA giant sees content as a new growth driver, rolls out a three-step strategy; Chinese lawmakers, advisors suggest issuing vaccine passports.
China, US may lift travel restriction in Aug; Luxury hotelier eyes SPAC listing | Daily Brief
03/02/2021
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6:14:00 PM
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Macao gambling revenue spikes 136% in February; China not ready to allow the Boeing 737 Max back in the air.
China to issue health certificates; Local partnerships key to kindle international travel | Daily Brief
03/08/2021
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11:53:17 PM
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Trip.com Group, Shangri-La Group deepens strategic partnership; Hong Kong launches strategy to boost travel recovery.
Rich shoppers stuck in China fuel an unlikely boom in duty free
02/04/2021
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10:47:12 PM
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China’s share of the global luxury market—the goods typically sold at duty-free—almost doubled last year to 20%.
Less people, more revenue?
03/16/2021
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4:14:42 PM
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2021 will be a year where operators will keep struggling with low attendance numbers. The focus should be on the amount of revenue a customer can bring instead of focusing on the number of customers.
Dufry and HDH open the Global Duty Free Plaza in Hainan
02/03/2021
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12:11:07 PM
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The opening of the new Mova Mall duty-free shop represents Dufry’s first step in mainland China’s duty-free market.
Offshore duty free sector set to extend beyond Hainan
01/11/2021
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5:31:45 PM
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Chinese consumers are most likely to remain cautious about international travel even after the pandemic ends, so most luxury brands believe that domestic growth will likely continue at about 30%.
Hainan Island’s sales may soften just as LVMH and Dufry drop anchor
02/10/2021
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12:37:47 PM
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This is a big step for Dufry as it is a first toe in the water of the mainland China duty-free market.
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