Tactical moves, succession challenges, talent pools: discover Glitz, the first investigative publication dedicated to the global luxury sector

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CHINA

Beijing prepares new generation of duty-free shops

Two years after giving out new duty-free operating licences on the island of Hainan, China's government is preparing another revolution in tax-free luxury shopping: duty-free shops in the hearts of cities. [...] (373 words)

Issue dated 22/12/2022 Reading time 2 minutes

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China Duty Free Group Co
Covid-19
Wangfujing Group

Laundering through luxury: French authorities fear revival of 'daigou' technique as Chinese tourists return

The networks involved in a sophisticated laundering technique that relies on artificially VAT-free luxury purchases made in Europe and resold in China lay dormant during the Covid-19 pandemic. But they may soon spring back to life as EU borders reopen to Chinese tourists.

EUROPE 26/01/2023

Which luxury houses are selling off their unsold goods online?

Ready-to-wear brands are the main suppliers of online sales sites and often sell their goods there, but luxury houses have historically been reluctant to follow suit, fearful of devaluing their image. Now several high-end names have decided to quietly test those waters on sales site The Bradery.

EUROPEAN UNION 15/12/2022

New European allergen rules trip up cosmetic industry giants Free

After nearly 10 years of negotiations with lobbyists, the European Commission is expected in early 2023 to finalise a list of allergens that must be declared on ingredient labels for fragrance and cosmetic products. The new regulations will target 80 substances and require companies to conduct costly tests that few laboratories can perform.

Spotlight

SAUDI ARABIA 27/10/2022

LVMH, Kering, Richemont and Rolex face off in Riyadh, luxury's new El Dorado Free

The last Arab country under-equipped in malls and luxury shops, Saudi Arabia is progressively opening its doors to perfumes, jewellery and cosmetics, under Crown Prince Mohammed bin Salman's guidance. The industry's biggest names are jockeying for position.

The tax-free island of Hainan, located at the tip of the Leizhou Peninsula in the Gulf of Tonkin. © Studio Pachamama

Spotlight

CHINA 20/10/2022

Warehouse war erupts in duty-free paradise Hainan

As the only remaining shopping haven in a mostly closed China, the tax-free island of Hainan has become the world's busiest sales point for luxury giants, even in the midst of the country's recent new wave of Covid-19.

Spotlight

RUSSIA 06/10/2022

Luxury sector eludes effort to seal Ukraine sanctions loopholes Free

After Moscow annexed four Ukrainian regions last week, the European Union and the United States sought to tighten the grip of sanctions already in place against Russia, particularly over the trade in luxury goods. But at the eleventh hour, brands that have long prospered from their Russian clientele have managed once more to slip through the cracks in Europe.

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China Duty Free Group Co
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Tactical moves, succession challenges, talent pools: discover Glitz, the first investigative publication dedicated to the global luxury sector

Tactical moves, succession challenges, talent pools: discover Glitz, the first investigative publication dedicated to the global luxury sector

Beijing prepares new generation of duty-free shops

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Set up email notifications for these topics

Laundering through luxury: French authorities fear revival of 'daigou' technique as Chinese tourists return

Which luxury houses are selling off their unsold goods online?

New European allergen rules trip up cosmetic industry giants Free

LVMH, Kering, Richemont and Rolex face off in Riyadh, luxury's new El Dorado Free

Warehouse war erupts in duty-free paradise Hainan

Luxury sector eludes effort to seal Ukraine sanctions loopholes Free

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