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Industry news digest: November round-up

Catch up with the brand and markets news you might have missed this month:

News from Asia

Business of Fashion explores the luxury market potential of India and its global-minded consumers.


Jing Daily looks at the ‘booming’ luxury cruise market in China.


• China’s affluent ‘prosumer’ tourists are driving sales of compact cameras, reports Jing Daily.


Forbes profiles how Alibaba turned China’s Singles’ Day into the world’s biggest shopping bonanza


• For the first time, Chinese outbound trips crossed 100 million in first nine months of the year, Forbes looks at the latest COTRI data profiling key destination countries in 2016.


• Alibaba’ APASS rewards programme is a clever marketing strategy to turn wealthy Chinese shopaholics into a marketing squad, according to Bloomberg.


News from Russia

Sputnik reports how Deutsche Bank experts think that the Russian ruble has become an attractive currency for investors after the US election result.


News from Europe

Fashion&Mash presents the latest Retail Week infographic exploring European consumer views on connected technology at retail.


• There is more to Kering's sustainability report that meets the eye, says The Fashion Law.


Bloomberg reports on the biggest monthly drop for Swiss watch exports in seven years.


News from the UK

• Mayfair is back in vogue as London’s top luxury shopping destination, reports The Telegraph.


• This year’s Wired Retail event in London featured speakers from Alibaba, Westfield, Google and Evrything; they explored the power of mining data for connected retail customer touchpoints, virtual retail and chat-bot commerce.  Watch the highlights video here


News from America

Business of Fashion asks is the trend for discounting disrupting the US Holiday shopping season as we know it?


• Airbnb broadens its global business with tours and travel experiences reports The New York Times.