Chinese holidaymakers shelled out the most money in European countries over the Lunar New Year. Data also suggests that Chinese visitors to Europe dropped the most money in department stores and luxury shops.
Longchamp creative director Sophie Delafontaine presented a collection inspired by transatlantic travel between Paris and New York City with a classic rock 'n' roll aesthetic, as the brand continues to expand globally.
U.S. Treasury Secretary Steven Mnuchin said on Wednesday that he and other officials will travel to Beijing next week for trade talks, aiming to clinch a deal to avert a March 2 increase in U.S. tariffs on Chinese goods.
Father-daughter duo Lenny and Zoe Kravitz have been tapped as the new faces of luggage and travel accessories brand Tumi. The campaign marks the first time the two have appeared together on a film project.
International tourist spending was one of the few bright spots in UK retail last month and despite one of the worst festive seasons on record, tourists’ average transaction value rose in double-digits in December.
Tiffany & Co tempered its yearly profit forecast on Friday after its holiday sales fell unexpectedly as Chinese tourists spent less globally and the U.S. luxury jeweler faced softer demand in Europe and at home.
Swiss watchmakers are starting to see signs of slowing spending from Chinese tourists, but are still banking on demand shifting to mainland China to fuel growth this year, several high-end brands said on Monday.
Moynat creative director Ramesh Nair suffers from a beautiful craze, ideal for a designer; product mania. He built Moynat into a symbol of luxury elegance, and has just launched a new capsule, Bad Dreams.
Visa and Mastercard have offered to cut merchants' charges for non-EU credit and debit cards by at least 40% to end an EU antitrust investigation, part of a long crackdown by the European Commission against such fees.
Tiffany & Co’s sales in the United States and Hong Kong took a hit in the latest quarter as Chinese tourists spent less than expected, sending the jewelry maker’s shares down nearly 8 percent on Wednesday.
Visa and Mastercard have offered to trim the fees merchants pay on card payments by tourists in the European Union in an attempt to stave off possible fines after a long-running antitrust investigation.