03 May, 2026

Tourists Are Spending Less on Luxury Goods in 2016

If the Chinese buyers aren’t buying, luxury goods aren’t selling. These past few months have shown just how much the luxury industry is dependent on this new generation of fashionable young Chinese consumers pulling out their credit cards on Champs-Élysées top-end shops. According to global figures from Global Blue – the tax-free shopping center in Switzerland, […]