Luxury brands suffer as Chinese shoppers hold back
China’s economic slowdown and a crackdown by Beijing on displays of wealth are taking a toll on some of the world’s top luxury brands. LVMH says its sales in Asia,…
July 2024
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China’s economic slowdown and a crackdown by Beijing on displays of wealth are taking a toll on some of the world’s top luxury brands. LVMH says its sales in Asia,…