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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 […]

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“Chicken Little” Shrugs, Goes Shopping

September 2, 2015/0/0/

Recent data shows that in July — even as Xi Jinping was reportedly ordering China’s stock market regulators to propel its indexes upward ahead of an international diplomatic mission, and hedge fund managers were swooning in the wake of rumored economic weakness — Chinese travelers nonetheless intensified their gleeful assault on popular tourism destinations around the world. […]

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