Posts found in 'Policy'
Delegates may not be showing up to the Great Hall of the People in Chanel this year, but that doesn't mean they don't still possess a staggering amount of wealth.
Chanel and Céline are out and martial garb is in for the official delegates of this year's "two sessions" in Beijing.
Luxury sales in China remain a matter of national importance for France, which has much to gain from Chinese consumers' continued interest in the country's haute brands.
Just as Japanese brands were bouncing back in China after 2012 riots sent sales plunging, new China-Japan tensions bring an unwelcome sense of déjà vu.
Markups of up to 80 percent on everything from automobiles to handbags exported to China create challenges for luxury brands across North America.