Insight ReportChinese New Year Review: Retail Sales See Impressive Year-Over-Year Growth Against Weak 2020 Coresight Research February 25, 2021 Reasons to ReadThe Chinese government encouraged people to stay put for the recent Chinese New Year festival, impacting more than 100 million people who would typically return home for the holiday each year. We discuss retail sales over the holiday, including the impact of people not returning home on consumer spending. We cover the following key points: Retail sales in China over Chinese New Year Consumer spending this year—including the impact of changed travel behaviors Duty-free shopping as a developing feature of holiday spending in China Click here to read our report on strategies for international brands to capitalize on Chinese New Year. Click here to read our Monthly Consumer Update for China, the UK and the US. Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for Other research you may be interested in: Global Luxury—Real Estate Insights: Brands Move from Tenants to Landlords, with Innovative, Experience-Rich FlagshipsNRF 2025: Retail’s Big Show Wrap-Up—The Future of Retail Will Be Driven by AI, Innovation and a Commitment to SustainabilityWeekly US Store Openings and Closures Tracker 2025, Week 29: Openings by Daiso, LEGO and TargetRetail-Tech Landscape: Israel—January 2025 Update
