Luxury Category

Chinese internet giant Tencent, which runs one of China’s most widely used mobile payment tools, has taken its cashless payment experience to the home market of Apple Pay by serving Chinese outbound travellers in the US. Read More
Chinese President Xi Jinping’s Mar-a-Lago meeting with his US counterpart Donald Trump generated a buzz over their glamorous wives – one a former singing star and the other a supermodel. Read More
Ask a boutique selling pricey luxury goods in France or Italy who their top customers are and the answer most likely will be Chinese tourists on an international spending spree.Read More
It only takes a few small steps to establish a good relationship with Chinese tourists who arrive in Italy with the specific aim of going on a shopping spree of luxury goods.Read More
Nearly 80 percent of shoppers would like their e-payment records to be accepted as proof for refunds or exchanges, according to a newspaper survey.Read More
One campaign promise Donald Trump appears ready to follow through on for now is his vow to impose tariffs on goods imported from China. Among the companies hardest-hit could be US brands.Read More
For the first time since the financial crisis of 2008, the global market for personal luxury goods failed to grow, stalling at €249 billion (about $258 billion).Read More
68 million UnionPay cards have been issued in over 40 countries and regions by the end of November.Read More
Cross-border shopping by Chinese consumers surged this year, underpinned by strong activity on Alibaba Group’s Tmall Global e-commerce platform.Read More
Tiffany & Co. reported its first sales increase in eight quarters as a result of strong sales in countries like China and Japan. Read More