Louis Vuitton stores in parts of Europe rely on tourists for more than half their sales. Photo: K. Y. Cheng

Luxury sales to tourists at record low in March as Chinese spend 24pc less abroad

Figures based on tax refunds, which exclude Hong Kong, US and Dubai, show luxury spending by tourists fell 35pc in Europe, with terror attacks in Paris and Brussels keeping some visitors away

TOP PICKS

Louis Vuitton stores in parts of Europe rely on tourists for more than half their sales. Photo: K. Y. Cheng
READ FULL ARTICLE