hong kong luxury

Shopping blues in Luxury Goods for Chinese outbound tourists?

Despite the fact that a growing number of Chinese are traveling  overseas, with  98.19 million tourists in 2013 and 19% more online travel bookings growing in Q2 2014. A recent chart from the Wall Street Journal, shows that the trend of outbound Chinese tourist shopping boom in Europe and Hong Kong is reversing. Indeed, the chart shows …

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Luxury Retailers suffer from Hong Kong demonstration

After a week of demonstration of the young Hong Kong society, and fight with the police use tear gas, batons and pepper gas against demonstrators, travel agents said the number of Chinese visiting Hong Kong was down nearly 30%. Although there has been no serious violence this week, analysts said retail sales in the city have …

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