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Latest News & Analysis
China
Can China Save Travel Retail in 2020?
The decline in international travel has hit duty free retail hard this year, but sales to domestic travellers in China with nowhere else to go are booming in places like Hainan.
China
Why Aren’t More Chinese Department Stores Going Bankrupt?
While consolidation continues in China’s department store sector, the pandemic hasn’t dramatically hastened store closures and bankruptcies the way it has in the US. What’s their secret?
China
Luxury Brands Found a Solution for Their Inventory Glut. But Will It Backfire?
Outlets and off-price retailers in China are seeing business boom as luxury brands pump excess inventory into the country at bargain basement prices. But the pandemic clearance strategy is a double-edged sword.