Tag
premiumisation
Stories tagged premiumisation.
Asia's Airports Are Filling Up Again, but Travel-Retail Tills Are Not Ringing
Passenger numbers are climbing across Asian airports and travellers are lingering in terminals, yet duty-free and travel-retail sales keep lagging. Retailers say the missing link is conversion, not footfall.
Chinese luxury brands crack premiumisation code as Songmont leads growth surge
A wave of Chinese fashion labels is successfully moving upmarket, with handbag brand Songmont posting 340% Tmall GMV growth in May while raising prices and maintaining customer loyalty.