Chinese tourists prop up Korea's tourist, retail sectors 2012/01/28, Source, Deep-pocketed Chinese tourists coming to Korea lately are different from those in the past, in that many of the former have good knowledge of the latest shopping trends. They prefer brands relatively unknown in China over more famous labels such as Gucci and Louis Vuitton.
According to Shinsegae Department Store's main outlet in downtown Seoul, many Chinese who shopped there during this week's Lunar New Year holiday looked for designer brands such as Alexander McQueen and Emilio Pucci. Chinese shoppers snapped up all eight eagle-patterned belts imported to Korea and made by Italian luxury men's clothing brand Stefano Ricci, which opened its lone branch in Korea at Galleria Department Store's Luxury Hall. The belt is priced at 1.89 million won (1,683 U.S. dollars),...More
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