Insights group LookLook’s research on the recent slowdown in Chinese luxury spending reveals that it is simply a short-term pause. However, growing economic concerns may prove otherwise. Image credit: L'Oréal Paris' Weibo What is behind China’s luxury shopping slowdown?
Posted Bya Luxury Daily columnistOn In Featured,Industry sectors,Retail | No Comments
Insights group LookLook’s research on the recent slowdown in Chinese luxury spending reveals that it is simply a short-term pause. However, growing economic concerns may prove otherwise. Image credit: L'Oréal Paris' Weibo {"ct":"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","iv":"ef173cce717ecef413dd042a48ac2b15","s":"6a6e4a796ea4d72b"}