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Dec. 13, 2025
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  3. Luxury Unfiltered: The luxury market will lose the middle ground in 2026
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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

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  1. Sephora introduces new concept for SEPHORiA 2026
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  3. Luxury Unfiltered: The luxury market will lose the middle ground in 2026
  4. Viceroy Hotels installs next chief executive
  5. 85pc of recent, pending Gen Z car buyers considering luxury vehicle purchase: report
  6. US lowers tariff on Swiss imports to 15pc
  7. Diptyque plays with the surreal in holiday tale
  8. Off the Cuff: A Q&A with Boucheron's Hélène Poulit-Duquesne
  9. Valentino welcomes actress Dakota Johnson as global brand ambassador
  10. Armani Beauty appoints actor Keith Powers as global fragrance ambassador
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