News Snapshot:
February 23 2021 | Industry News Chinese will resume traveling and shopping despite setbacks By Wendy Morley SAVE PRINT According to Swiss research agency m1nd-set, growth prospects for travel retail in China are positive despite recent travel restrictions imposed by a renewed outbreak in the northern Heilongjiang and Hebei provinces, affecting 28 million people. The agency performed a China-focused study on traffic and shopper insights. This study demonstrates that 2021 “will mark the beginning of a robust return to growth for the travel retail sector in China.” The agency’s Business 1ntelligence Service (B1S) traffic and shopper insights data tool suggests...
