China’s Shoppers Are Buying Luxury Again as Stock Market Rebounds
Chinese consumers are showing signs of a renewed appetite for high-end beauty and fashion products, a rare bright spot for global luxury brands after years of weak demand and margin-eroding...
By Charlie Zhu, Daniela Wei, Lulu Shen, Kelly Li · Bloomberg Markets
Chinese consumers are showing signs of a renewed appetite for high-end beauty and fashion products, a rare bright spot for global luxury brands after years of weak demand and margin-eroding discounts in their most important growth market.