Articles tagged “shopping”

Luxury Beauty Brands Make Over Airport Retail

Luxury Beauty Brands Make Over Airport Retail

Laura Powell, Skift

Duty-free airport retail is an excellent way to reach coveted consumers. But airports also serve as the perfect global showcase for brands to test market products, try out new retail concepts, and build brand awareness among customers from emerging countries.

4 months ago

China’s Outbound Travelers May Be Spending Less on Luxury Goods

China’s Outbound Travelers May Be Spending Less on Luxury Goods

Kim Bhasin, C├ęcile Daurat, and Matt Townsend, Bloomberg

Fears of a Chinese slowdown have spooked luxury brands that look to outbound tourists from the world's second-largest economy to fill their shops. We at Skift can worry with the best of them about global trends, but for now, this Chinese spending decline seems modest and manageable.

5 months ago

Why Aren’t Visitors Splurging in Crazy Rich Singapore?

Why Aren’t Visitors Splurging in Crazy Rich Singapore?

Raini Hamdi, Skift

Singapore grapples with affordability, as seen in drops in shopping, dining, and hotel spending by tourists, who are also staying a shorter time. Going for more high-yield tourists and giving them the value they'd expect from paying high prices is the solution, and Singapore must do it fast. Here's why.

6 months ago

Chinese Independent Travel Sees Women Overtake Men as Dominant Force

Chinese Independent Travel Sees Women Overtake Men as Dominant Force

Jing Travel

When it comes to Chinese independent travel, women now make up the majority of travelers and they are spending a lot of money. But group travel still dominates in China.

9 months ago

International Tourists Fall Back in Love With Macy’s

International Tourists Fall Back in Love With Macy’s

Lindsey Rupp, Bloomberg

Given the current U.S. tourism climate, it's difficult to know why visitors are flocking to Macy's in greater numbers. Still, it's another sign that things are looking up, at least temporarily, for the retailer.

1 year ago

Weak Swiss Franc is Killing Shopping Tourism in Border Towns

Weak Swiss Franc is Killing Shopping Tourism in Border Towns

Hugo Miller and Catherine Bosley, Bloomberg

The euro is stable but full of uncertainty these days, and economics wisdom likely points to France and Germany's Swiss border shopping towns getting some relief soon enough.

1 year ago

Beverly Hills Tourism Gives a Facelift to Its Shopping and Evening Strategy in Amazon Era

Beverly Hills Tourism Gives a Facelift to Its Shopping and Evening Strategy in Amazon Era

Dan Peltier, Skift

Shopping is one of the parts of any trip that many travelers look forward to. Online shopping is certainly impacting in-destination spending in some markets, and more tourism boards are getting creative with how to compete with e-commerce giants.

2 years ago

Mall Operator Westfield Emulates Luxury Hotels for New Service Style

Mall Operator Westfield Emulates Luxury Hotels for New Service Style

Samantha Shankman, Skift

It is difficult to distill years of nuanced luxury training down into a single program, but Westfield's eagerness to look to luxury hospitality is a sign that it is headed in the right direction.

2 years ago

5 Charts Showing the Rise of Independent Chinese Travelers

5 Charts Showing the Rise of Independent Chinese Travelers

Dan Peltier, Skift

We're still many years away from seeing a tipping point when more Chinese travel independently than with tour groups. But this data should be a wake-up call to destinations and travel brands that a shift is already happening in some places and for some segments of the market.

2 years ago

Chinese Outbound Tourism Is Up But Shopping Sprees Are Down

Chinese Outbound Tourism Is Up But Shopping Sprees Are Down

Bloomberg

A new survey shows Chinese tourists are spending more on travel but shopping less while they are on vacation overseas. The travel industry should take note of the fact that shopping isn't the draw it once was and work to provide what visitors from China really want.

2 years ago

Luxury Brands Are Bullish on the Future of Airport Retail

Luxury Brands Are Bullish on the Future of Airport Retail

Samantha Shankman, Skift

Airport sales are not only growing faster than traditional retail outlets, but also providing multiple, multi-channel advertising opportunities well-positioned to reach luxury brands' target customers.

2 years ago

Men Are Spending More in the Luxury Sector Than Women, Research Shows

Men Are Spending More in the Luxury Sector Than Women, Research Shows

Samantha Shankman, Skift

Females are considered the primary purchasers in travel, but a more holistic view of the luxury sectors suggests that men are an equally, if not more, important target for marketers.

2 years ago