Luxury retailers including Hermes, Christian Louboutin and Tiffany are planting fresh flags on the Gold Coast in a bid to capitalise on a new generation of Chinese tourists that is spending up to three times the amount on luxury goods that other travellers spend.

The top-tier European and US retailers will open their doors on Thursday within the revamped Pacific Fair shopping centre on the Gold Coast, which is nearing the end of a $670 million expansion and a major transformation from a mass-market shopping mall into a designer destination.
Upmarket global brands are opening in the Gold Coast?s Pacific Fair as it nears the end of a $670m expansion.
The revamp comes amid a $1.7 billion investment wave throughout the region from deep-pocketed investors looking to capitalise on higher tourism and interest ahead of the 2018 Commonwealth Games. However, tourism tracking ahead of expectations has also prompted a wave of new, high-end retailers to set within the region for the first time. ?In the three years to 2015, international visitor expenditure on the Gold Coast increased by 47 per cent to a record $1.23bn. Meanwhile, international arrivals increased by 22 per cent to 901,000,? Gold Coast Tourism head Miles Roper told The Weekend Australian.
In 2015, the average amount spent by an international visitor to was $1361, excluding airfares, representing a 21 per cent increase in the past three years.
Yet some demographics appear to spending more than others. AMP Capital statist...