Feb 28th, 2024

Harrods MD Ward on Luxury Spending Shift

Michael Ward, Managing Director at Harrods, says on "Bloomberg Markets Asia" that he does not expect luxury spending by Chinese travelers to return to pre-pandemic levels as ultra-high-net-worth consumers shift to elsewhere in Asia. He also explains to Yvonne Man and David Ingles why Harrods has set up a private members club in Shanghai.