Sunday, May 19, 2013

FeedaMail: Business News Headlines - Yahoo! News

Business News Headlines - Yahoo! News
On fleeting Hong Kong trips, Chinese make frugal fashionable
By Donny Kwok and Lavinia Mo HONG KONG (Reuters) - Armed with empty suitcases and same-day return tickets, an army of mainland Chinese is descending on suburban outlet shopping malls and international fashion chains in Hong Kong, turning cheap into the new chic as luxury falls out of favor. Wealthy Chinese used to stop over in Hong Kong for a few days to pick up a Louis Vuitton bag or a wristwatch for up to 40 percent less than in Beijing or Shanghai. ...


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