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Search results for “offshore shop”
One year on, China's resort island prospers with duty-free consumption
07/05/2021
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12:12:43 PM
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Duty-free shops in Hainan received more than 6.2 million customers, and sold over 60 million duty-free items, up 102% and 211% year on year, respectively.
'Rising star' Hainan to be world's biggest duty-free market in 2 years: KPMG joint report
05/09/2021
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4:37:12 PM
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The offshore duty-free business rose to approximately USD 5 billion by the end of 2020.
Hainan offshore duty free sales soar by +980% in April
06/04/2021
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6:38:17 PM
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Offshore duty-free sales in Hainan province increased 980% year on year.
Martin Moodie on why Hainan is “The Lighthouse of Travel Retail”
04/22/2021
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6:27:49 PM
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Authorities expect the offshore business in Hainan to rise to USD 9.3 billion this year and climb to at least USD 15.5 billion in 2022.
China Duty Free Group maintains dominance as Hainan Q1 sales soar to US$2.1 billion
05/11/2021
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12:40:16 PM
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Total sales at Hainan’s offshore duty free stores in the first quarter of 2021 reached RMB13.6 billion (US$2.1 billion).
Full recovery of China outbound leisure travel is unlikely before Mid-2023
04/29/2021
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10:48:06 PM
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Hainan competing with Hong Kong as the Chinese shopping paradise.
China's population growth is ending; Hotel chain seeks $2 billion US listing | Daily Brief
05/11/2021
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9:57:15 PM
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China is experiencing a rural tourism boom amid the Covid-19 pandemic; Duty-free discounts fueling greater travel spending.
China Duty Free Group leads global travel retailer rankings for 2020
04/27/2021
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12:30:49 PM
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China Tourism Group Duty Free Corp revealed recently that revenues climbed by +8.1% year-on-year to RMB 52.6 billion.
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