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Gucci's China shock reverberates across the luxury landscape, ET Retail

Fears of a slowdown in luxury spending among Chinese consumers have been growing for some time, and recent events have underscored this concern. Kering SA, the parent co of Gucci, experienced a significant decline in its market value following a warning about slumping sales of Gucci products in China.
New York United States Hong Kong Mark Liu Jean Francois Palus Marco Bizzarri

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