The global luxury market has been booming for more than a decade, pushing up the values of companies such as LVMH and Kering. There’s one customer who has been key to that growth: the Chinese consumer.
But now, that’s all changed. Here’s why:
https://www.bloomberg.com/news/articles/2025-01-21/china-s-luxury-sales-see-biggest-drop-in-a-decade-amid-slowdown?sref=omvmmwIg?utm_medium=social&utm_source=youtube&utm_campaign=originals&utm_content=article
#China #Business #Bloomberg
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