Navigating China’s Daigou landscape: resilience, challenges, and novel avenues in post-pandemic luxury markets
The Daigou (代购) industry, referring to individuals or agents who purchase and import goods from overseas for resale in the Chinese market, faced substantial challenges amid the pandemic. Tightened regulations and pandemic-related disruptions led to a significant reduction in the industry. Despite some recovery, the industry is unlikely to return to its previous size. This […]
A guide to engage with Chinese travelers in 2023
Chinese outbound tourism is on its way back, and brands are making moves to capitalize on the upcoming travel retail opportunities. The 2023 Chinese New Year period already saw a 23.1% bump from 2022 in domestic trips, according to the Chinese travel booking platform Qunar, and outbound trips rise is predicted to follow. A publication […]
What do Chinese consumers think of Duty Free shops?
What are Chinese consumers attitudes towards Duty Free shops? Duty Free shops are retail outlet stores that are exempt from paying all local or national taxes. This tax exemption is on the basis that the goods sold in these stores will be sold to travelers who will carry them outside of the country. Inside of […]