2023-07-27 11:48:00
Chinese tourists buy LV in Japan, and their combat effectiveness is close to that before the epidemic
Hangzhou Net Release time: 2023-07-27 19:48
Sino-Singapore Jingwei news recently, LVMH Group announced the performance report for the first half of 2023. The Asian market performed strongly. Sales revenue in the Japanese market increased by 31% in the first half of the year, while the Asian market excluding Japan increased by 23%. China is the key to driving the growth of the Asian market. The chief financial officer of LVMH Group said that the overseas consumption of Chinese tourists has also begun to recover. Chinese tourists have not yet fully returned to Europe, but their consumption in Japan has recovered rapidly and is close to the level of 2019 before the epidemic. According to Japanese media reports, the sales of Japanese department stores in June announced by the Japan Department Store Association on the 24th showed that the sales of duty-free goods reached about 28 billion yen, which soared to about 4.2 times that of the same period last year. With the return of tourists from mainland China to Japan, the sales of cosmetics and high-end brands have increased.
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