Should Luxury Brands Actually Reduce Their Dependence on China?
With luxury earnings showing the strain of COVID-19 lockdowns, some are reviving an old question: are luxury brands too dependent on the China market?
Luxury giants like Kering and LVMH continue to focus on China despite the country's ongoing struggle against Omicron. Image: Shutterstock
Luxury giants like Kering and LVMH continue to focus on China despite the country's ongoing struggle against Omicron. Image: Shutterstock