The Times Of Innovations

Search
Menu
Fast and mysterious: Italian Pumas appear in Ukraine with no known delivery trail
High-resolution hearing delivered using latest flexible auditory brainstem implant
Science debunks ‘brain drain’ fears, says digital habits boost mental resilience
The AI revolution: ending droughts, one algorithm at a time
International Space Station enters riskiest period, NASA ‘deeply concerned’ over safety
Humans see color never before visible to naked eye with retinal stimulation technique
Tesla sued for odometer fraud that could void warranties on one million vehicles
Luxury’s New Pecking Order
German energy giant backs UK startup’s affordable polymer-based battery to power homes

Tag: #Hainan #LuxuryRetail #ConsumerTrends #DutyFree #ChinaEconomy

Fashion
Everett Thistlethwaite

Trouble in China’s Shopping Paradise as Hainan Duty-Free Spending Falls 29%

In a surprising turn of events, duty-free spending in Hainan, China, has witnessed a significant decline, dropping by 29.3% in 2024 compared to the previous year. This sharp downturn raises concerns for luxury retailers and sheds light on the evolving dynamics of consumer behavior in the region. According to local customs data, shoppers spent 30.94 […]

Back To Top