CHINA. Welcome to this February version of The Moodie Davitt Magazine, the centrepiece of which is our Hainan Special Report, specializing in the rise of the offshore responsibility free enterprise and its implications for the broader business.
We offer in-depth commentary and evaluation on the seismic influence of the brand new offshore responsibility free coverage guidelines in Hainan since 1 July 2020, and assess how these are influencing the expansion of classes from magnificence to vogue & equipment to wines & spirits.
We converse to all the main gamers for his or her views in the marketplace at the moment and ask them how tomorrow may look, towards the backdrop of the Chinese language authorities’s drive to retain journey spending at residence, and the provincial authorities’s ambitions to determine Hainan as a centre for tourism and commerce.
We study how Hainan has change into the ‘lighthouse of journey retail’ at the moment, take a look at how the market operates and ask key questions on what the long run holds.
What is going to the current retailer proliferation spell and who would be the winners? What does the truth that the entire island turns into responsibility free in 2025 imply for journey retailers? How a lot will Hainan’s grip on the Chinese language journey procuring spend loosen as soon as worldwide journey is normalised? For model corporations, is Hainan home or responsibility free enterprise and regardless of the reply how ought to the channel be greatest dealt with?
We deal with these questions with the most important retailers but in addition with our many native and regional companions throughout various fields who know and perceive the market. Their mixed views of the alternatives and the challenges going through the enterprise makes, we imagine, for a compelling and in-depth overview of this thrilling, emergent market.
Please take pleasure in this version of The Moodie Davitt Magazine with our compliments.