Pretty decent story unfolding here with RLG... with overseas...

  1. 550 Posts.
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    Pretty decent story unfolding here with RLG... with overseas travelling at almost zero and staying that way for a while, the Chinese consumer will obviously looking to purchase foreign products via their online apps/stores.
    Great little article below on how well RLG is placed with all the big tie ups in China... TMall etc.

    This sums it up for me:
    "Total sales on Tmall Global, Alibaba’s primary e-commerce platform for overseas brands looking to reach China, rose by 79% during the first seven days of the month from a year ago, according to the company, which did not disclose a monetary figure"

    https://www.cnbc.com/2020/10/12/chinese-consumers-spend-big-during-the-golden-week-holidays.html#:~:text=BEIJING%20%E2%80%93%20Chinese%20tourists%20shopped%20more,kept%20millions%20from%20traveling%20overseas.&text=Tourist%20visits%20rose%20more%20than,bought%20more%20foreign%20goods%20online.
 
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