News briefs
June 1, 2016
Mica Arganaraz for Bottega Veneta spring/summer 2016
By Staff reports
Today in luxury marketing:
China bets on duty-free paradise to keep luxury spenders at home
China's efforts to lift local consumption, spur domestic tourism and keep within its borders citizens that splurge in Milan or Seoul have spawned a duty-free paradise on the southern island of Hainan that it hopes will satisfy a lust for luxury, reports Reuters.
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