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China Luxury Spending Pullback Hits High End Brands
Posted
July 24, 2024
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2,480
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July 24, 2024
2,480
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2:35Now PlayingLuxury companies were already having a tough earnings season on a subdued China backdrop. A miss by the bellwether owner of Louis Vuitton and Dom Perignon just made it worse. Slowing demand in the Asian country has been a key setback for the industry. Out UK retail reporter Jennifer Creery joins Bloomberg Radio's Caroline Hepker and Jack Sidders to discuss.
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