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Ringing in the Year of the Monkey

January 25, 2016/0/0/

Officially kicking off on February 8, Chinese New Year is just around the corner. Generally considered China’s most important holiday, Chinese New Year marks a time when friends and family come together to celebrate and start a fresh new year. 2016 is the Year of the Monkey – the “Red Fire Monkey,” to be exact. In […]

Lifestyle, Marketing & Branding , , , , ,

What Could 2016 Hold For China’s Luxury and Travel Markets?

December 23, 2015/0/0/

EU to Remain a Strong Draw, With Spain & Italy Gaining on France After a lackluster 2015 for many luxury brands — particularly those overburdened by unprofitable China operations — expect more pressure for improvement in mainland China performance in 2016, with further store closings and a rationalization of bloated operations. A depreciating Renminbi might […]

Marketing & Branding , , , , , , ,

Who Benefited the Most From Chinese Shoppers in 2015?

November 30, 2015/0/0/

In most major luxury markets, from North America and Western Europe to South Korea, 2015 was remarkably similar to 2014 in terms of Chinese visitor trends. As they have for the past several years, Chinese tourists–over 60 million of whom ventured overseas in the first half of the 2015–sought to avoid higher prices and enjoy […]

Travel/Leisure , ,

What Do Chinese Tourists Care About in New York?

November 10, 2015/0/0/

As CLA found in recent discussions with Chinese tourist-shoppers in Paris, the demands of outbound Chinese travelers are rapidly changing, making it difficult for retailers and brands to anticipate who’ll show up, what they’ll want, and how staff should approach them. In the case of Paris, a steadily growing number of independent travelers are looking […]

Travel/Leisure ,

Upcoming “U.S.-China Tourism Year” Could Be Very Good for Business

October 19, 2015/0/0/

Although this week’s state visit to the UK by Chinese president Xi Jinping (and the increasingly buddy-buddy relationship between the two countries) are getting the headlines at the moment, a recent announcement by the US Department of Commerce indicates that the US will remain a leading beneficiary of outbound Chinese investment and tourism in the year […]

Travel/Leisure ,