M1nd-set Monthly insights series: Hainan 2021 sales figures dissected

By Charlotte Turner |

According to m1nd-set’s latest Hainan Insights column – exclusive to TRBusiness – 45% of Hainan duty free shoppers now use new delivery services introduced last year.

The number of categories being purchased has risen since then and basket sizes have also increased, according to m1nd-set’s latest data.

In 2021, cosmetics, watches and jewellery were the top three best-sellers in duty free shops and more 70 million items were bought by 6.7m shoppers.

The 10 duty free shops in Hainan now command a portfolio of 720 brands between them over a total retail footprint of 220,000sq m.

‘Relevant, reliable and reputable’ this monthly executive digest offers invaluable need-to-know data and research on what has been described as a modern-day ‘duty free paradise’. For more information on m1nd-set, contact: [email protected]

Middle East

MEADFA Conference 2024 ‘heading to Abu Dhabi on 17-19 November’

This year’s Middle East & Africa Duty Free Association (MEADFA) Conference will take...

International

DFWC Q1 2024 KPI Monitor indicates rise in duty free impulse purchases

Impulse purchasing within global duty free is on the rise, according to the latest Duty Free...

Asia & Pacific

Avolta details “bold and ambitious” goals to grow its APAC business

With a number of key developments coming to fruition, including its operations at Wuhan Tianhe...

image description

In the Magazine

TRBusiness Magazine is free to access. Read the latest issue now.

E-mail this link to a friend