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Dec. 10, 2024
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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. Accor teams with space exploration company Orbite to forge new frontiers in hospitality
  2. Meta to build $10B AI data center in Louisiana
  3. Julian Klausner named creative director of Dries Van Noten
  4. McLaren welcomes new chief commercial officer
  5. New York borrows yet another California policy affecting luxury brands
  6. Luxury travelers to prioritize wellness experiences in 2025: Altiant
  7. Loewe circles back with Kyoto-based ceramic studio Suna Fujita
  8. Burberry transforms customer experiences through digital innovation
  9. Bergdorf Goodman launches flashy holiday window series
  10. Luxury Unfiltered: Hermès and Patek Philippe prove trust is the true luxury
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