Customers purchase cosmetics at a duty-free shop in the Hainan Province of China | Source: Getty Images 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. SHANGHAI, China — The duty free market is usually fuelled by Chinese…
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A shopper browses handbags and wallets inside a Furla SpA store in Hong Kong | Source: Getty Images A global pandemic is bad news for any number of businesses, but for Chinese daigou agents, strict travel limits and tighter regulations are putting the future of their entire industry at risk. SHANGHAI, China — When Xiao Xiang…
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With mounting pressure to perform due to COVID-19, brands have slowly warmed up to working side by side with daigou. Photo: Shutterstock. Beijing office worker Cheryl Chen works with at least five different daigou on her WeChat. Some are brand-specific (like one who hunts for unique Chanel collections or niche brands like By Far), and others are country-specific,…
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A fast-paced webinar from China Luxury Advisors, Jing Daily and YouWorld exploring the rise of Social Selling in China and its impact on cross-border e-commerce in a post COVID-19 world. This hour-long session drew insights from more than 200 Daigou shoppers surveyed by CLA during April, to develop actionable intelligence into the impact of COVID-19…
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A webinar from China Luxury Advisors, Jing Travel, Move The Mind, and Content Commerce Insider that explored innovative digital solutions for museums to inspire, engage, and delight Chinese consumers. Speakers:• Renee Hartmann, Co-Founder, China Luxury Advisors• Jessica Dai, Cultural Lead, China Luxury Advisors• Sky Canaves, Editorial Director, Content Commerce Insider• (Moderator) Peter Huang, Managing Editor,…
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With over 150 million Chinese travelers recently cancelling their domestic & international trips due to coronavirus, the tourism industry – worth 10 percent of global GDP – is being hit hard. As a result, global human interactions are being pushed online; a transformation that took off in China years ago. Cultural institutions and tourism professionals now…
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The UK is slowly coming out of the lockdown while other countries, notably China, have gone back to a certain degree of normality back in April. There are still many open questions as to how consumers and different sectors of the economy will adjust, and how brands should navigate the “new normal”. The founders of…
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CLA shares data and insights from its ongoing tracking of Chinese consumer sentiment and its impact on the tourism sector. As the global tourism industry limps into a hesitant local and regional rebound with the onset of Summer, tourism destinations are anxious for the return of international travellers during the second half of 2020. China has long…
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We enjoyed our discussion on a wide range of topics affecting companies around the world moderated by BBC Presenter, Nigel Cassidy. You can access the discussion through this:
Original Article: https://www.businessoffashion.com/articles/professional/patriotic-consumers-are-changing-the-chinese-market-heres-how SHANGHAI, China — As countries around the world close their borders and see lives and businesses decimated by the coronavirus pandemic, nativism is an inevitable, if unsavoury, by-product. A decades-long globalisation boom has now come under threat even as the world fights an enemy that respects no national borders, with international travel slowing to a…
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