Stay updated with breaking news from Paccaya resources. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Luxury brands keeping a wary eye on Hainan May 27, 2021 Discussion at the latest APAC Dialogue webinar looked at how luxury brands are managing the opportunity in travel retail’s hottest market Hainan is set to dominate travel retail for years to come, but luxury brands are choosing their moment to commit to the location. This was the general consensus at the latest APAC Dialogue from China, and Hainan in particular, APTRA President Sunil Tuli said: “This is a market that will dominate travel retail for a long time to come.” But, he added: “Luxury brands have voiced concerns over maintaining brands’ integrity.” ....