Milano depends on Russians, Ukraineans and Chinese
The luxury stores for big brands in the Italian fashion capital of the world are depending on Russian, Chinese and Ukrainian customers for sales. IHT and Global Refund has analyzed all data and concluded that the Russians are dominating sales when talking about numbers, but the Ukrainians are buying for greater values. The Chinese are coming strong from behind, being an important presence especially in luxury hotels. For example, Chinese customers bring around 30 percent of all profits for famous restaurant Il Teatro, of Four Seasons Hotel in Milan. East Europeans make one quarter of all sales made by the Russians, with Romanians and Slovaks at the top of the list. Non-EU east European countries, Serbia is first place when talking about shopping in Milan. Hungary, Croatia and the Czech Republic are not even mentioned.