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Nov. 22, 2024
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Retail

Why China’s high unemployment is bad news for luxury

October 30, 2020

China has prioritized GDP growth over unemployment, while official statistics minimize this by offering an unreliable snapshot of China’s unemployment data. Image credit: Shutterstock China has prioritized GDP growth over unemployment, while official statistics minimize this by offering an unreliable snapshot of China’s unemployment data. Image credit: Shutterstock

 

By Adina-Laura Achim

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  1. Hublot nods to tennis champion Novak Djokovic with custom chronograph
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  3. Roche Bobois furnishes boutique resort in Turks and Caicos
  4. EssilorLuxottica establishes Inclusion Committee
  5. Home office boom fading in favor of living room, kitchen refurbs: 1stDibs
  6. Louis Vuitton opens applications for biennial Watch Prize
  7. Luxury Unfiltered: Hermès and Patek Philippe prove trust is the true luxury
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Off the Cuff: A Q&A with Steinway & Sons’ Ben Steiner