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China is becoming the biggest challenge for luxury brands

Posted By a Luxury Daily columnist On In Featured,Industry sectors,Retail | No Comments
As consumer expectations evolve, brands are feeling the heat. The “all eggs in one basket” strategy that fueled growth in 2021 is now looking precarious. Image credit: Shutterstock As consumer expectations evolve, brands are feeling the heat. The “all eggs in one basket” strategy that fueled growth in 2021 is now looking precarious. Image credit: Shutterstock

 

By Daniel Langer