West End retailers set for Chinese New Year windfall
3 monthes ago - By Drapers
Sales to Chinese customers in the West End over the Chinese New Year period will grow by 14.3% to £32m this year compared with last year's equivalent, the New West End Company has predicted.
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Think Tank: Five Ways for Brands and Retailers to Attract Chinese Tourists
3 monthes ago - By WWD
This Friday, on Feb. 16, the Chinese New Year will officially kick off the “Year of the Dog,” and U.S. retailers will have a significant opportunity to tap into the tech-savvy, luxury-minded Chinese tourist base. Chinese tourists spend an estimated $261 billion while traveling internationally, according to the World Tourism Organization, and these travelers love to shop when they are abroad, especially for items that may not be readily available in China.
Chinese tourists tend to have high service expectations and are usually eager to spend on luxury goods, jewelry and apparel. Economists...
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