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Will European luxury collapse without Chinese tourists?

With conspicuous consumption at a standstill in Europe, luxury brands need to find contingency plans so as not to be wholly dependent on Chinese consumers. Image credit: Louis Vuitton With conspicuous consumption at a standstill in Europe, luxury brands need to find contingency plans so as not to be wholly dependent on Chinese consumers. Image credit: Louis Vuitton

 

By Adina-Laura Achim