Hainan Island tripled allowances for offshore duty free shopping in 2020. Re-Hub make the case that through utilizing data, there is a clear pathway for Hainan to become the most extraordinary luxury retail destination in the world.
Generation Z in China love to spend. There are 328 million consumers who fit into the Gen Z bracket in China(born 1995-2002) and they now account for 40% of online consumption in the country.
Alibaba Singles Day 11.11 2019, domestic Chinese online snacks retailer, Three Squirrels, sold CNY ¥ 100 million (US $14.2 million) in just 19 minutes and 23 seconds.
Many great leaders have candidly admitted that the top job gets lonely at times. The feeling is exacerbated during volatile, uncertain and complex periods – after all, the buck stops here and the boss is paid to deal with challenges, right?