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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. St. Regis, Vilebrequin release capsule collection
  2. Are those ‘original’ products on TikTok legit? Here’s what you need to know
  3. Kering Eyewear, Google announce AI-powered smart glasses partnership
  4. Luxury Unfiltered: Why extreme value creation is the only way forward for luxury
  5. Chanel reports 4pc revenue drop in 2024
  6. Rosewood Hotels debuts new property in Mexico
  7. US remains world’s leading wealth market: Henley & Partners
  8. Balenciaga, Lamborghini rev up ready-to-wear collaboration
  9. Audemars Piguet pop-up exhibition opens in Shanghai
  10. Mandarin Oriental restores Italian castle
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US remains world’s leading wealth market: Henley & Partners
Are those ‘original’ products on TikTok legit? Here’s what you need to know
St. Regis, Vilebrequin release capsule collection