In the past, Chinese luxury shoppers made the majority of their purchases abroad, keen to avoid domestic prices inflated by steep tariffs placed on high-end foreign goods. Now, these shoppers are returning east. https://lat.ms/2Nn9vLI
Luxury goods prices in China fell last year after the government slashed tariffs by more than half, impacting luxury retailers in L.A. that had grown to rely on the seemingly endless flows of Chinese luxury shoppers. https://lat.ms/2Nn9vLI
It seems that some Chinese tourists are looking for more unique travel experiences. For example, the South Coast Plaza Tory Burch organized a cocktail event with an artist to paint miniature portraits of guests with their purchases. https://lat.ms/2Nn9vLI
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