Customers visit a duty-free shop in Haikou, south China’s Hainan Province, on January 31. Photo: Xinhua
Customers visit a duty-free shop in Haikou, south China’s Hainan Province, on January 31. Photo: Xinhua
Fashion
Lifestyle /  Fashion & Beauty

Ralph Lauren, Coach, Estee Lauder look to China’s Hainan Island as US luxury brands go to where high-end shopping’s happening

  • Hainan’s shopping surge has provided a valuable lifeline to luxury companies that have been deprived of tourism-related sales
  • Last July, Chinese authorities tripled the annual allowance for duty-free purchases in Hainan to US$15,500 per person

Bloomberg
Bloomberg

Updated: 3:15pm, 14 Feb, 2021

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Customers visit a duty-free shop in Haikou, south China’s Hainan Province, on January 31. Photo: Xinhua
Customers visit a duty-free shop in Haikou, south China’s Hainan Province, on January 31. Photo: Xinhua
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