Its flagship stores in major U.S. cities depend heavily on international tourist spending, which shrank at many retailers due to a strong dollar.

As more tourist destinations became visa-free for China in 2016, China was once again first-overall globally in terms of the number of people traveling abroad, and for tourism spending.

Ministry of commerce data show that in 2015 China's overseas tourists spending about 1 trillion and 200 billion yuan, continue to maintain the world's major tourist consumer groups.