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Dec. 15, 2025
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Retail

Why China’s high unemployment is bad news for luxury

October 30, 2020

China has prioritized GDP growth over unemployment, while official statistics minimize this by offering an unreliable snapshot of China’s unemployment data. Image credit: Shutterstock China has prioritized GDP growth over unemployment, while official statistics minimize this by offering an unreliable snapshot of China’s unemployment data. Image credit: Shutterstock

 

By Adina-Laura Achim

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  1. Ruinart reveals annual Carte Blanche creative collaboration
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  3. Capri Holdings closes Versace divestiture
  4. Luxury Unfiltered: The luxury market will lose the middle ground in 2026
  5. New Global Fashion Agenda program in Turkey targets textile waste
  6. Chanel unleashes ‘From Dream to Reality’
  7. Chase opens new Sapphire Lounge in Las Vegas
  8. In conversation with Hong Kong property and hotel mogul Adrian Cheng
  9. HNWIs report surging interest in luxury cruises: Altiant, ILTM
  10. JW Marriott, Flamingo Estate roll out new wellness experiences
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