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Luxury retailers plan to start using junkets to bring wealthy Chinese consumers to Hong Kong...

Luxury retailers plan to start using junkets to bring wealthy Chinese consumers to Hong Kong stores. The practice has done wonders for the casino industry in Macau and could help spur sales with luxury and import taxes in HK lower than on the mainland. High-end China sellers: Gucci (GUCG.PK), Prada, Louis Vuitton (LVMUY.PK), Coach (COH), Ralph Lauren (RL), Michael Kors (KORS), Swatch (SWGAY.PK), Burberry (BURBY.PK), and Tiffany (TIF)
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Comments (1)
  • kleemc
    , contributor
    Comments (112) | Send Message
     
    This has been a common practice in Hong Kong for a long time. Nothing new.
    1 May 2013, 08:35 AM Reply Like
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