China’s consumers are cutting back on spending as the country struggles with recent economic challenges. But what will this mean for luxury brands? Image credit: Net-A-Porter's Weibo
What happens to luxury if Chinese consumers cut back?
Posted By a Luxury Daily columnist On In Featured,Industry sectors,Retail | No 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","iv":"253b0c0971d287faed22ed2d758ae05b","s":"d2e37f9432279c4a"}