It’s been a turbulent year for luxury in China, but it’s still a crucial region for the fashion industry to continue ...

BEIJING (Reuters) -Duty-free spending slumped 29.3% last year in China's island province of Hainan, where global luxury ...

The spending habits of Gen Z and Millennials will reshape the luxury market landscape in 2025 according to the latest report.

China’s luxury market in 2024 faced a significant slowdown driven by economic stagnation, a real estate crisis, and rising outbound shopping.

A NEW luxury toilet is an out of this world hit with tourists as this futuristic bathroom becomes a top attraction at a shopping mall in Nanjing, China. Designed by Shanghai based X+Living, the ...

Duty-free spending in China's island province of Hainan, where global luxury players from LVMH to Kering have set up shop, ...

The 2024 slump bodes ill for plans to turn the entire island into a duty-free shopping zone in 2025. Read more at ...

"A decline in consumer confidence has significantly affected Chinese consumers' willingness to spend on luxury and discretionary ... into a duty-free shopping zone in 2025. That expansion would ...