Ultra-high-net-worth (UHNW) tourists represent only 0.1% of tax-free shoppers, yet contributed 13% of total tax-free spending over the past 12 months.

On July 10, Louis Vuitton’s “Beijing Style” pop-up spaces simultaneously opened in four districts: 798CUBE, Drum Tower, Liangma River, and China World Trade Center.

“We need to show more resilience, we need more engines, and one of them is certainly China, as we see the rise of the middle class. The primary goal is to establish visibility and credibility in the Chinese market.”

In mid-November, Luxeplace.com was invited to join the high-end professional sports brand Descente on a journey to Xinjiang Altay to explore the origins of human skiing.

COVID-19 pandemic has reshaped people’s perceptions of health, with more focus on introspection, science, and being more eco-friendly by caring more about their surroundings and earth and seeking meaningful, effective health solutions.