Chinese shoppers news and archive

UK retailers benefit from strong tourist alliance with China

2017 saw record Chinese visitors issued visas for the UK with tax refund company Global Blue stating they accounted for 25 percent of all tax free shopping transactions in London's West End. Chinese shoppers have become the world’s most important global spenders and London and the UK are magnets for retail sales to this consumer group across...

RetailFeatured

Affluent Chinese shoppers are influencing Harrods 200 million pounds renovation

London - I last visited Harrods a fortnight ago, to look at the fashion collections and as part of my annual tour of department stores pre Christmas. En route to the lower ground, where designer menswear is housed, I passed the Diana and Dodi memorial at the base of the Egyptian Escalator, where a horde of Asian tourists were taking photographs...

Business

Chinese consumer confidence rises during 'Super Golden Week'

Chinese consumer confidence has grown this year following the slowdown of Chinese retail consumption in Europe throughout 2016, offering more chances for luxury retailers. This year's Chinese Golden Week in October coincided with China'a traditional mid-autumn festival, resulting in the 'Super Golden Week'. An estimated 710 million Chinese...

Fashion Featured

UK retailers prepare for spend surge as LFW and Lunar New Year collide

As the start of London Fashion Week descends up the UK capital, retailers start to prepare for the anticipated influx of international shoppers, but according to Global Blue, retail tourism experts, the spend boost is predicted to be higher than ever as the week coincides with the Chinese New Year for the first time, running from February 19 to...

Design

Retailers expecting boost from Chinese shoppers

Retailers could benefit from a week-long spending spree from Chinese shoppers this week as part of China's special national holiday celebration Golden Week which runs from 30 September to 7 October. With the mid Moon Festival (30 September) and the National Day week-long holiday (1 to 7 October) falling at the same time as university...