Luxury Daily
The authority in luxury news.
Feb. 10, 2026
  1. Building brands with charisma
  2. Fairmont Hanoi debuts in Vietnam
  3. Ralph Lauren goes global for Milano Cortina 2026
  4. Quarterly sales at Coty drop by 3pc
  5. Versace presents collaborative vision for spring/summer 2026
  6. Valentino adds singer Sombr to brand ambassador list
  7. Dunhill twists English elegance for spring/summer
  8. Genesis, CFDA reveal 2026 AAPI Design and Innovation Grant recipient
  9. Top luxury campaigns of 2025: Bottega Veneta, ‘Craft is Our Language’
  10. The Peninsula expands motoring adventure to Scotland
Comment
  • Email
  • Print
  • Reprints
  • ARTICLE TOOLS SPONSOR

Retail

If Evergrande fails, it is taking global luxury brands with it

November 5, 2021

Evergrande, which drove much of China’s property boom, now finds itself straddled with $300 billion of debt. If Beijing doesn’t come to the rescue, will Evergrande’s collapse spark a financial crisis? Image credit: Shutterstock Evergrande, which drove much of China’s property boom, now finds itself straddled with $300 billion of debt. If Beijing doesn’t come to the rescue, will Evergrande’s collapse spark a financial crisis? Image credit: Shutterstock

 

By Marc Einsele

To read the entire article, please subscribe or
 
LATEST HEADLINES
MOST POPULAR
  1. Building brands with charisma
  2. Fairmont Hanoi debuts in Vietnam
  3. Ralph Lauren goes global for Milano Cortina 2026
  4. Quarterly sales at Coty drop by 3pc
  5. Versace presents collaborative vision for spring/summer 2026
  6. Valentino adds singer Sombr to brand ambassador list
  7. Dunhill twists English elegance for spring/summer
  8. Genesis, CFDA reveal 2026 AAPI Design and Innovation Grant recipient
  9. Top luxury campaigns of 2025: Bottega Veneta, ‘Craft is Our Language’
  10. The Peninsula expands motoring adventure to Scotland
VIDEOS
More Videos

MORE IN Retail
Saks Off 5th, Last Call locations closing
Off the Cuff: A Q&A with Nordstrom’s Catherine Bloom
Selfridges launches beauty waste recycling support in store
Vispring opens next US showroom
Audemars Piguet brings new boutique to Atlanta
LVMH full-year revenues fall 5pc



RECENT ARTICLES
Versace presents collaborative vision for spring/summer 2026
Follow @LuxuryDaily for the latest in luxury news
Building brands with charisma

Quarterly sales at Coty drop by 3pc
Genesis, CFDA reveal 2026 AAPI Design and Innovation Grant recipient
Valentino adds singer Sombr to brand ambassador list