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Retail

Why China’s youth pay for luxury with credit

September 10, 2021

Rising incomes, dynamic lifestyle aspirations, and high consumer confidence have helped boost the China market. But there’s another emerging factor: consumer credit. Image courtesy of Apple Rising incomes, dynamic lifestyle aspirations, and high consumer confidence have helped boost the China market. But there’s another emerging factor: consumer credit. Image courtesy of Apple

 

By Glyn Atwal

China’s luxury market continues to deliver positive returns and outperform market analyst expectations.

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  5. Estée Lauder Cos. confirms merger talks with Puig
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