Posts From King World News

Duty-free spending to grow 51pc in 5 years: report

Affluent consumers spend when they travel; image courtesy of Michael Kors The number of outbound international travelers is projected to reach 1 billion by 2018, creating an opportunity for luxury brands to reach a global audience through airport retail placements, according to a report by Conlumino. With more airports, lower-cost airlines and bigger planes, international travel is becoming more accessible to less affluent consumers, especially those in emerging markets. Shopping

Burberry invests in New York market with expanded SoHo shop

Interior of Burberry’s SoHo store British heritage brand Burberry has reopened its SoHo boutique in New York after extensive renovations to the space. Burberry’s newly expanded storefront on SoHo’s Spring Street reopened July 15 after being under construction for an extended period of time. The redesigned boutique is larger than the original and reflects Burberry’s global design concept. New home Located at 131 Spring Street, Burberry’s larger SoHo boutique is