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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

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  1. Off the Cuff: A Q&A with Wheels Up’s George Mattson
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  3. Diane von Furstenberg named Icon in The Time 100
  4. David Yurman selects finalists for inaugural $50K design grant
  5. Stella McCartney films trashy tale to inspire mindful consumption
  6. Sotheby's saw record number of new online customers in 2017
  7. Presentation decks and agenda for Luxury FirstLook Jan. 15
  8. Special invite to join State of Luxury 2022 survey – respondents get exec summary
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