Will UK’s Chinese Luxury Shopping Fever Last Forever?

Posted on by lenkoivi

Perhaps one of the few groups to have benefitted from Brexit is Chinese tourists. Known for their enthusiasm for purchasing luxury goods overseas, the depreciation of the pound has allowed them to own a piece of Louis Vuitton or Chanel at a much cheaper price. However, a recent report titled “RE-Lux: Waves of Change Impacting Luxury Brands” from Fung Global Retail & Technology Group reveals that this shopping frenzy is not likely to be long-lasting.

Read More

Leave a Reply

Fill in your details below or click an icon to log in:

Gravatar
WordPress.com Logo

You are commenting using your WordPress.com account. ( Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. ( Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. ( Log Out /  Change )

Cancel

Connecting to %s