Lifestyle

Will China’s Hainan island kill the duty free industry? International shopping sprees are out now the tropical paradise lets domestic travellers leave with US$15,000 of tax free goods




This article is part of Style’s Inside Luxury ColumnTo many people in Europe or North America, the word “Hainan” would draw a complete blank. The smallest and southernmost province in China, it is comprised of Hainan island, the largest and most populated island in China, along with various smaller islands.Are Hermès, Dior and Louis Vuitton too cheap? Luxury labels lose billions by not adding the brand story to the sticker priceHainan is often referred to domestically as the “Hawaii of China”…



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