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Prada, Hermès Q1 results point to luxury’s great China divide

First quarter results show China emerging as luxury’s make-or-break market.

Prada, Hermès Q1 results point to luxury’s great China divide
Actress Chun xia attends the Prada Spring/Summer 2022 Womenswear Fashion Show on September 24, 2021 in Shanghai, China. Photo: Getty Images

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