China’s consumers are cutting back on spending as the country struggles with recent economic challenges. But what will this mean for luxury brands? Image credit: Net-A-Porter's Weibo
What happens to luxury if Chinese consumers cut back?
Posted By a Luxury Daily columnist On In Featured,Industry sectors,Retail | No 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","iv":"7a3ee7d54f448032fb79ab664811027a","s":"8cf4237f73b9de3a"}