HONG KONG — Debate over a controversial proposal to curb the number of Mainland tourists was already tense with concerns that any cut would hurt the retail sector and put a dent in the economy. Now new figures show retailers have every reason to be concerned, especially those in the jewelry, watch and luxury goods market.
Hong Kong’s retail sector has evolved over the last decade to accommodate the cash-rich Mainland shoppers who have been arriving in increasing numbers. Of the 54 million tourists that came to Hong Kong last year, more than 40 million were from the Mainland.
"You start one way as a baby, but why shouldn't you be able to choose your own path as opposed to culturally people telling you which way to go?" - Thom Browne at his men's spring 2018 show, where he celebrated gender fluidity. #pfw #wwdmens (📷: @delphineachard)
"I think that all anyone really wants in life is to have people understand us for who we actually are, despite everything," says Ruth Negga. The actress talks "Preachers" season 2 and more on WWD.com. #wwdeye (📷: Dan Doperalski)