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30 Mar

Chinese Consumers to Drive Luxury Sales within the Middle East

Chinese Consumers to Drive Luxury Sales within the Middle East
SHANGHAI — Based on a recent report from Barclays, a healthy luxury consumption rebound within the Middle East might be partly fueled over the approaching months by China‘s reopening. “We expect Chinese tourists to supply a lift to Middle East luxury sales over the subsequent six to 12 months, which ought to be visible from the second quarter onward,” Barclays wrote within the report. “We estimate that Chinese tourism contributed around 10 to fifteen percent of luxury sales in Dubai pre-pandemic,” the report continued. “Taking a look at flight data, it is evident that travel from mainland China toward Dubai is recovering at a much faster pace than toward Europe since year-to-date, because of higher flight capability and targeted marketing campaigns from...
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30 Jan

Revenge Spending Returns for Chinese Latest Yr

Revenge Spending Returns for Chinese Latest Yr
China had a blockbuster Latest Yr because the country reemerged from three years of lockdowns and COVID-19 woes.  Based on the most recent data from the National Taxation Administration, retail sales in the course of the week-long Chinese Latest Yr, which ran from Jan 21 to 27, increased greater than 12 percent in comparison with the 2022 holiday season.  In Hainan, China’s duty-free island, every day average sales exceeded 350 million renminbi, or $51.8 million, which is greater than triple that of pre-pandemic levels. Sales at 12 duty-free shopping centers totaled 2.57 billion renminbi, or $380 million, during certainly one of China’s most vital holiday seasons. Consumers select perfumes at a duty-free store at Haikong Global Boutique Duty Free City in the course...
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26 Jan

Mochi Hanfu is reimagining traditional Chinese beauty for today

Mochi Hanfu is reimagining traditional Chinese beauty for today
After falling down the hanfu rabbit hole in lockdown, the artist is carving out an area to understand and reinterpret traditional Chinese culture The Dazed Beauty Community is our ever-expanding encyclopaedia of creatives and emerging talent from internationally who're redefining the way in which we take into consideration beauty. From supermodels to digital artists to make-up prodigies transforming themselves of their bedrooms, these are the wonder influencers of tomorrow who embody every little thing Dazed Beauty is about. Discover them here. Like plenty of bored people in lockdown, 23-year-old Chuyan Wang joined the hanfu revolution of young Chinese people dressing in traditional historical clothes that swept Douyin (Chinese TikTok). Trending with over one billion...
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