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":"7dcc2f204e4d2d030d41b778ed65ffe2","s":"a5241405162263c3"}