Per Savills' Global Luxury Retail Outlook 2026, London beat Paris, Tokyo, and Singapore with 33 luxury store openings, even as global openings hit their lowest level since 2020.
From November 1, visitors will pay the full 10 percent consumption tax at the register and claim the refund at departure, ending Japan's instant point-of-sale exemption.
China's biggest shopping event grew 17.5 percent in 2025, per eMarketer, while Alibaba and JD.com kept headline GMV figures quiet for a fourth straight year.
The 31st edition of Dubai Shopping Festival ran December 5 to January 11, and the deals that mattered were the ones with a printed before-price.