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Coronavirus Briefing: China’s Outbound Tourism Will Be Hurt, but Possibly Not for Long

Chinese outbound travelers led spending in tourism globally before the coronavirus outbreak. We discuss the potential short-term impact that the virus could therefore have on the tourism industries of popular destinations among Chinese travelers. We also consider how a decline in the number of international tourists from China could affect airport retail sales.

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Global Tourism: Improved Infrastructure and Enhanced Shopping Experiences Are Driving Airport Retail Sales

As part of our quarterly Global Tourism series—which discusses domestic and international tourism themes and trends—we explore the booming airport retail market. Key factors contributing to the growth of the sector include the influence of Chinese travelers, the rise of budget airlines and enhanced shopping experiences and customer engagement.

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Weekly US and UK Store Openings and Closures Tracker 2019, Week 52: Jared Opens New Concept Store

Our Weekly US and UK Store Openings and Closures Tracker reports on store closures, openings and bankruptcies. This week, we cover a Jared jewelry collaboration with digital native diamond and bridal jewelry retailer James Allen, both Signet Jewelers banners. In the UK, Flannels has expanded into Northern Ireland while Bonmarché loses its CEO. In the US, year-to-date announced closures have already exceeded the total we recorded for the full year 2018.

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