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Dec. 15, 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. Moncler returns to the slopes for Grenoble campaign
  2. Capri Holdings closes Versace divestiture
  3. Ruinart reveals annual Carte Blanche creative collaboration
  4. Luxury Unfiltered: The luxury market will lose the middle ground in 2026
  5. New Global Fashion Agenda program in Turkey targets textile waste
  6. Chanel unleashes ‘From Dream to Reality’
  7. In conversation with Hong Kong property and hotel mogul Adrian Cheng
  8. JW Marriott, Flamingo Estate roll out new wellness experiences
  9. HNWIs report surging interest in luxury cruises: Altiant, ILTM
  10. Dolce & Gabbana opens 16,000-square-foot flagship in Saudi Arabia
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