recession
China rebound not enough to save LVMH, Richemont shares from sliding
Despite luxury groups posting strong results in China in the first half of the year, investors are unimpressed by lackluster performances in North America. Read More
China’s Luxury Market Shines Despite Global Consumer Concerns
Most surveyed global consumers intend to reduce their consumption in the next six months. China’s luxury market is set to buck that trend. Read More
Bain Report: China To Make Up 40% Of Luxury Consumers By 2030
Bain has adjusted its forecast about China’s luxury market as emerging regions gain steam. What are the trends shaping the industry in 2022 and beyond? Read More
What Would A Recession Mean For Luxury Brands?
At times of crisis, it’s tempting for brands to consider promotions and even price reductions. But this is a recipe for self-destruction. Read More
First Revenge Buying, Then Panic Selling. Is China’s Luxury Fever Cooling Down?
Chinese HNWIs are selling their Rolex and Hermès to raise quick cash. As the economy tumbles, is luxury really recession-proof? Read More
China’s Version Of ‘Recession Fashion’ Could Change Global Styles
Sober recession fashions have again been the norm in the West in 2020, but not in China, which is embracing bold excessive styles. Read More
