Search results for “retail”
China Duty Free Group leads global travel retailer rankings for 2020
04/27/2021|12:30:49 PM|
China Tourism Group Duty Free Corp revealed recently that revenues climbed by +8.1% year-on-year to RMB 52.6 billion.
Mainland China buoys Lagardère in a tough year for travel retail
02/26/2021|5:28:29 PM|
The French travel retailer said that all global regions were affected by the coronavirus crisis with the exception of Mainland China which grew 22% on the back of strong domestic traffic.
Robust travel retail growth expected in China, research suggests
02/23/2021|12:10:02 PM|
Pre-Covid levels are expected to return by 2023, when outbound traffic is forecast to reach 88 million, following 108% growth in 2022 and 44% in 2023.
Lagardère Travel Retail partners with Hainan Tourism to open big store
01/13/2021|11:02:52 PM|
Chinese consumers spending at home has boomed as a result of both the global pandemic and local government policies to stimulate domestic consumption.
Helena Rubinstein Travel Retail, China Duty Free Group partner in immersive experience
01/06/2021|5:21:32 PM|
The event attracted an audience of 25 million viewers via live streaming.
Retailers eyeing an influx of mainland tourists to drive revenue in mid-Jan
01/07/2021|4:14:51 PM|
The spending power of mainland tourists to Macau has not reduced. The only change is that they are more cautious about what they spend on.
Pandemic forces airports and travel retailers to pivot to domestic consumers
11/03/2020|6:15:23 PM|
E-commerce is seen as a necessary way to pivot into other income streams.
Retail giant Suning teams up with Hainan to expand in duty free business
12/28/2020|5:33:54 PM|
The companies will focus on logistics, commercial real estate, tourism retail and others to carry out all-round and multi-level cooperation and aid in the construction of Hainan Free Trade Port.
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