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June 27, 2025
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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. Printemps unveils VIP shopping suite at Haussmann flagship
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  3. Digital product passport regulation to reshape fashion resale market: Bain, eBay
  4. Bulgari reveals Polychroma high jewelry, watch collection
  5. Off the Cuff: Getting to know luxury's top-tier talent in Q2 2025
  6. Aston Martin launches first luxury home in Asia
  7. Alfa Romeo continues anniversary-year celebration
  8. Genesis named first-ever official vehicle of PGA Tour
  9. EBay auctions looks worn by singer Chappell Roan for Pride Month
  10. Anna Wintour to give up title at American Vogue
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