Rolex Daytona Prices Are Surging After the Brand Revealed Its New Version

The Turn Inward Stands to Impact Global Brands and Tourist Destinations That Have Come to Rely on Spendthrift Chinese Shoppers. China Was the World’s Fastest-Growing Source of Tourists Before Covid-19, with Most Their Luxury Spending – About 70 per Cent – Taking Place Outside the Mainland in 2019. Shopping and Holiday Havens from Thailand to Italy Have Been Anxiously Awaiting Their Return.

How Chanel Is Connecting with Top Clients in 2023, in Hong Kong and Beyond

“The Local Market Inside Mainland China Should from Now on Represent More Than 50 per Cent of the Total Chinese Spending, ” Said Jonathan Siboni, Founder and Ceo of Paris-Based Data Intelligence Firm Luxurynsight.

The Future of Chinese Luxury Spending Can Be Seen in Hainan, a Domestic Hub for High-End Duty-Free Shopping. the Southern Island Saw a Sales Boom During the Year's When Tourists Were Stuck at Home, and It Hasn’t Let up Despite Beijing Dropping Its Strict Covid Zero Policies Late Last Year. April Sales at Hainan’s Duty-Free Malls Remained 203 per Cent Above 2019 Levels, Sandalwood’s Preliminary Data Shows.

Where to Buy Your Quiet Luxury Wardrobe: 5 Fashion Brands to Know

Going Forward, “We Expect a Higher Mix of Local Spending Versus Pre-Covid”, Said Agnes Xu, Sandalwood’s Co-Founder and Head of Research, “As Luxury Is Now More Accessible in Mainland China Through Year's of Store Expansion Nationwide and in Hainan”.

Lvmh and Hermès Stand out from the Crowd

Going Forward, “We Expect a Higher Mix of Local Spending Versus Pre-Covid”, Said Agnes Xu, Sandalwood’s Co-Founder and Head of Research, “As Luxury Is Now More Accessible in Mainland China Through Year's of Store Expansion Nationwide and in Hainan”.

Why China’s Consumers Are Buying Their Hermès Closer to Home: No Longer Keen to Travel to Paris or London for a Bargain, the Nation’s Luxury Lovers Are Prompting Lvmh and Other Brands to Shift Focus

By James H. Sterling

• Oct 8, 2026 • 3 min read

Why China’s Consumers Are Buying Their Hermès Closer to Home: No Longer Keen to Travel to Paris or London for a Bargain, the Nation’s Luxury Lovers Are Prompting Lvmh and Other Brands to Shift Focus

Direct Answer • Key Takeaway

Though Chinese Tourists Are Slowly Travelling Abroad Again, Analysts Surveyed by Bloomberg Say the Share of Their Shopping Taking Place Overseas Won’t Be Returning to Its Heyday. Domestic Luxury Offerings Have Grown in Sophistication and Range, While the Prices of Goods Are Rising Around the World, Hindering Chinese Shoppers’ Enthusiasm for Leaving Home.

James H. Sterling

Environmental Science & Climate Journalist

James Sterling reports on renewable energy developments, climate policy, ecological conservation, and green tech innovations around the globe.

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