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When Ozempic dulls desire, what happens to luxury?
Intel Dispatch
Daily news from our China desk

Friday
February 20, 2026

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Controversial Chinese handbag brand Fion defies luxury norms

Li Auto smashes delivery record with 51,000 cars in July

Crocs posts 70% revenue surge in China

Hugo Boss misses Q2 expectations, struggles in China

Dolce & Gabbana eyes minority investors, IPO plans on hold

Mac taps Jolin Tsai as global ambassador

Hong Kong retail sales continue decline, dropping 9.7% in June

MGM Resorts hits record Q2 revenue, boosted by Macau

Li Auto smashes delivery record with 51,000 cars in July

MGM Resorts hits record Q2 revenue, boosted by Macau

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