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 Bya Luxury Daily columnistOn In Featured,Industry sectors,Retail | No Comments
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 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jmOqHNJsRu9iFn\/OBjg7O3BSfBAElu2d4lb7BmV\/4tZaatVPL0TiOgd54nwPVDJYuTqq2RrilFzC5ujfEJQ2uDgE3c0bt3+GR3tG+UwqSTo7+B9Ijz2eQFNvQ31SdfG3Pm91\/pcEGnjDP\/a\/gpfOPh4ttdD4E69tleJ6Da\/NnUZqBDZ\/yoYBHwpfw3sISm0Hs2Z+SFLiOSCoFxqWRkP9bT+gRr+u48z6TeFIsiwCVYkQFoq\/AzNhee53T5UCLAMjW01qZ4CYKrRbsAyAm2r2iQssDxXl3XpPF09pCIX2sGNsXM1RZvLKvo2Iykv4SoeNA\/nBkOQytfIWBuBvHl6SrQSbhNOJSCIdXjTRAqjKL6wDKRCIB1S1d0Fy\/ielFlMGeBzbd9HJ1+iXnFCJSwpuIYLGP\/8A7eTqytcLI6O5w83Z9V8fASZ8B9dC0EkO4VfXQknVYJII9BwtkGnyBFi610zVQixzOcwnpwOqyfqNICOZ7IU9wI1DXZagkCl\/3kZB0kIbyokSUYIYuvCgVhgMHH1CJmWae3tvlWdOYCSQL1ENZXiWCmfyiTuRd7Qd2efqCUpGkpShPTu2CvizkEDXIegx8YaExlFQUxcoox0Lv4VW+ltajZGQOlFnbkW\/9ypvJeV3en7PcqMZeFWxkZ2cVojnTmuys++R9Yp5JJqJUCc0Tzlu+1tFxXOXPF9gsKbjAWzNfgGyFnlQAJqwrx87kvGOkJrjh2RX9Pp98DOiNAtCqG4iMCBm1q0ADz4qgxWqZISyaAWjLHG+ttJgO4dvtRET2HDco2c4AyjaynYM2y5bfatBR3Z\/ymcs402lg5WUy1ANE87BVKSny7iQ07IgHq5\/PTzSQ6Dj5MUqRliYCGTU1FCkeW0Mug3kTYFdoQI0zrdQUPKFgwlcBB0vGUpzzWOxn3edeHIWKs3cAOr1TD1jMcd+Xtt31ntS+mxCfpR9w4rPOuaWKkIsuDp+HKvPQw3NcOiSNYcc849h\/boIV5pl3TiKkWd3f2mJ91aWks6jbHeykn+RaBsT3MRMepUoncLcuqeruDIabRGtk+tMkPegOSF7F4EAUwwu4U32wsCBqNv934FodNVRCXzkZ2GY4gc46FstEOxwBm5OrlpAxJ9QUEaMeTpzkML6ZzDqe6Ng4qji8KrFRXw4O0itOGQjXJvTsCiEC6vwngZiG6zhHvqWYEtCYMJjs4fufXfF55YxeRrGNDb9eU7axvlka1d7GLFK9HhTrdBRm9PdzzzCoIexmjakJxLxgPXwcrX06r9cL5oLylr+Bqgpgz4QsZ0Wsq2fVEAcS7rQJuGRssfEDcX0FW+G4KNdZ69okw+YTOu1So2CBWfVzplj\/NGpoW2fQrJ+dHr0ygjjN4lIwTj5yHhO4sg9U7QSVyxf8uMLJxiuOVBDOKTBaCRVz5ozxuzw78HRzkmdHEZqKa5Rxmu0ugI64nZs8H3RdJMPeD5Eqn6KuxAX+cTQjUTNJ5MH3DdvD7wZo9GF2z5XkRqX6L7O1PmTxNVTJLmXzQsWV6EWPV5tMMkxXJvxbrVC7HypYyeHtIctRFzF2XHZfrG\/XPTxEKfl1AFz1JL5e8lT4e0crr4x7UagcWqgo\/\/rA3NEjW5TFPFCa6DnQSLvkFgdHZ2Qc4AWxBEknTNkAqDTnxpC4XjNpQm09GmGr7Mnp9ynAowdz0KWE2HarSG\/GxMmPZVL8KLgzMhQIBpjG3nSVrpW+CfKa0D71U\/UlIOhPfjaCbfsqYWo2OmVxbS6gPsBHsxLG1ApajEwXZBS0HCy1dZays+TcS7PoVo+nSCLANTDQoVIeuqlTS5aE1RTVhq+WmHKJOj3idFP44oVtGFUGRwU\/GQSDJ8iBtBmnfgPvi23Xv4tIfHgLJCb4AO4wl2BDEiaYPrM4OcNate9tTIKvL50JoNJt0kQ6lPIE1gRDPpgVPNilOxk3aLhCndilXdS6ZNOcn3L4kNF86xMRgrACoCFfYCy0fQd3Tp+M18inmOowBJYHHuZ49ZKGGzHiq0\/Yoz9y2+tVEcOr0N\/8yv2doixhvS6NvwKOYVIKhKPPxIfR44\/TcPwN1ZmJJPug+XSDAA+4rZ4\/Ggjd0vOb\/W+4Wv1yu6KX5Y0ElAi9BfEqNYSQcIA1RZoMCeGzAkvM4EYcbPeyaARVGPT4VPesm8RGQINcoia0r1H7MnpIrxaMjJmz5ccBBJfIC40iK3H9GyRLuL6YpXxI89hZv4Nuin6WOqEiOxGyJNkK9N180Dcy6w91LLRJCkC\/7v3pgkC35X62mEQ3EmZUp11m5yKOODc2PVwNli1\/XM8UDS0qoLamkhhnL0wWV0rOl8gVBpRzz2CVtFxQnhRNt6P55bhICtNA8PUVM9g67298Hxz9\/mCKYc3+M3RL1a235Zf\/WxryiGZO++xj1kK7\/T32jiStwpPykQBrNf+WpedxNU0GgNe3Lh2GhzS\/TAsrR1Igzz4quAtUPS5VkMQlet1vHYc=","iv":"3561f16934fadd3bdf5e500a4ebc6442","s":"a41ee145d4c9dc6d"}