Editor’s Picks /
15 March 2016 at 1:10 GMT
CNBC
Markets are fretting about China's economic health but it appears Chinese holidaymakers don't share the same concern about their own finances. And some brands are benefiting big-time. According to the China National Tourism Association, 120 million Chinese traveled abroad in 2015, up about 20% from 2014. They are venturing further away from the mainland and they are spending freely, splashing $165 bn overseas in 2014, according to the latest data from the United Nations World Tourism Organization.
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Video /
09 March 2016 at 8:16 GMT
Peter Garnry
Hugo Boss shares are down 55% and the company's value is at a 30% discount to its global peers. However, Saxo Bank's Head of Equity Strategy, Peter Garnr,y believes there are three reasons to buy the German fashion retailer.
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Article /
15 October 2015 at 9:00 GMT
Former managing editor, TradingFloor.com / Saxo Bank
Denmark
China's middle class has in absolute terms overtaken that of the US and that will be music to the ears to the likes of Alibaba as it gears up to help them spend their cash on November 11.
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Editor’s Picks /
10 July 2014 at 8:37 GMT
The Guardian
The British luxury brand Burberry has reported a rise in sales driven by double-digit growth in Asia and the Americas but warns that a strong pound could dent profits.
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