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Chinese Luxury Staycationing at Its Best: The Hainan Experiment

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As the COVID-19 pandemic began to spread globally almost a year ago, travel plummeted, and with it, duty-free sales, as consumers stopped traveling abroad. All of the luxury brands with exposure to travel retail reported significant declines globally as consumers stayed home and out of airports, and visibility on how…

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Click here to read the full story: Jing Daily

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