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Are Chinese consumers moving from spending to saving?

Posted By Staff reports On In Apparel and accessories,Featured,Government,Industry sectors,Retail | No Comments
Although some brands are still ignoring the gloomy economic outlook, the vast majority of the luxury industry today is better prepared to weather the upcoming crisis than it was a decade ago. Image credit: Jing Daily, Shutterstock Although some brands are still ignoring the gloomy economic outlook, the vast majority of the luxury industry today is better prepared to weather the upcoming crisis than it was a decade ago. Image credit: Jing Daily, Shutterstock

 

By Adina-Laura Achim