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As China's Luxury Market Evolves, Who's Winning And Who's Losing?

Though China's red-hot luxury market has slowed from high growth-rate estimates in the range of 35 to 40 percent in 2011 to anywhere from 13 to 18 percent this year, the effect of this muted slowdown has been far from uniform for major brands.

As China's Luxury Market Evolves, Who's Winning And Who's Losing?
Chinese celebrities and fashionistas flock Lanvin’s creative director, Alber Elbaz (Image: Divia Harilela)

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